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Global Invacom expecting loss for the year
Global Invacom Group updated shareholders on its trading on Thursday, saying that following a preliminary review and assessment of the projected financial statements, it expects to report a net loss for the financial year ending 31 December.
London commercial property investment halves during 2016, data shows
Spending on commercial property in London more than halved in 2016, according to data published on Thursday.
Nature Group rallies on contract win
Nature Group has been awarded a “major contract by an international oil company” worth at least £5m for the provision of containerised slop-treatment units in the Central North Sea.
Bucks to lose its fizz as orange juice prices bubble
Christmas toasts may have to be slightly stronger this year, with festive tipple Bucks Fizz set to be affected by a sharp increase in the price of orange juice and fresh fruit.
SEC to buy Polish PR firm Martis Consulting for €1.04m
AIM-listed Italian PR agency SEC is to buy a 60% stake in a smaller Polish agency, Martis Consulting for €1. 04m, as part of its strategy to build a group of independently run consultancies.
Savannah Resources posts positive sampling results
Resource development company Savannah Resources announced on Thursday that all results had now been received from reconnaissance rock chip sampling over its new lithium projects in Finland, Somero and Erajarvi.
Boeing boss assures Trump Air Force One fleet to cost less than $4bn
Dennis Muilenburg, the chief executive officer of plane-maker Boeing, said on Wednesday that he had spoken with US president-elect Donald Trump in order to assure him that the new Air Force One Fleet would cost less than $4bn.
Tarsus Group acquires 65% of Foshan Huaxia
Business-to-business media company Tarsus Group has agreed to acquire 65% of Foshan Huaxia Home Textile Development Co Ltd from Guangdong Home Textile Association and Association Member shareholders.
London midday: Miners drag FTSE lower as metal prices slide
London stocks were led lower by mining shares on Thursday as commodity prices fell amid thin trading volumes ahead of the Christmas break.
Richoux Group raises £1.7m in equity
AIM-listed restaurant company Richoux Group has raised £1. 69m in equity for general working capital.
Petards secures MoD contract renewal
AIM-listed software developer Petards has secured a three-year contract renewal from the UK Ministry of Defence worth more than £1. 6m.
Europe midday: Stocks mostly down but Italy buoyed by likely Monte dei Paschi bailout
European stocks were mostly lower on Thursday, but Italy’s rose as investors expected a state bailout for the country’s third largest lender Banca Monte dei Paschi di Siena, which could take up to three months.
Trump appoints China critic as head of new trade advisory body
US president-elect Donald Trump has chosen Peter Navarro, the economist and outspoken critic of China, to lead a new national trade body.
Xtract Resources raises £220,000 for general working capital
Xtract Resources says it has raised £220,000, before expenses, after placing 1. 33bn new shares at 0. 0165p each. The placing represented 7. 3% of Xtract's existing share capital.
Asia report: Quiet Christmas trading sees markets finish mixed
Markets in Asia finished mixed on Thursday, with volumes starting their annual lull in the lead-up to Christmas.
Stellar Diamonds doubles FY loss, pursues transformational deal
Stellar Diamonds has more than doubled its full-year pre-tax loss due to a significant rise in the impairment of intangibles, and says it is pursuing a transformational acquisition.
Sunrise Resources upbeat on Pozz Project test results
Sunrise Resources said first test results from the CS Deposit are excellent and that it looks forward to progressing the commercial aspects of the Pozz Project in 2017.
Uber forced into pulling self-driving cars in California
Ride hailing company Uber has been forced to withdraw 16 cars from the roads in San Francisco which were testing self-driving technology, after several reports of the vehicles ignoring red lights.
US pre-open: Flat start eyed ahead of data deluge
US futures pointed to a muted open on Wall Street as investors awaited a deluge of data releases, with volumes likely to be thin as we head towards Christmas.
Dalradian delivers truckload of stock options
Dalradian Resources announced on Thursday that it issued 1. 4 million stock options and 294,000 deferred share units to its directors on 16 December.