Latest News
ITM Power sells €0.7m electrolyser to unnamed buyer
Energy storage and clean fuel company ITM Power announced the sale of a €0. 7m electrolyser system to a global specialty gas company by competitive tender on Wednesday.
May attacks Red Cross NHS report as "irresponsible and overblown"
British prime minister Theresa May came out fighting in parliament on Wednesday during questions on the National Health Service, referring to a highly critical Red Cross report as "irresponsible and overblown".
US open: Stocks rise ahead of Trump news conference
US stocks nudged higher on Wednesday as traders awaited Donald Trump’s first major speech since he was elected President on 8 November.
Foxtons warns of 2017 volume concerns after 2016 profits plunge
Foxtons revealed that profits for 2016 had almost halved as the London estate agent endured subdued sales volumes in the capital through most of the year, which it warned could even worsen in 2017.
Caledonia sets new quarterly gold record at Blanket
Caledonia Mining Corporation announced record quarterly and annual gold production from its 49% owned subsidiary, the Blanket Gold Mine in Zimbabwe on Wednesday, for the quarter and year ended 31 December.
Mexican industrial production beat forecasts in November
Economists cheered stronger-than-expected Mexican industrial output data for the month of November.
Evraz racks up healthy gains on Citi upgrade
Evraz – which owns vanadium and steel producing assets in South Africa and iron mining assets in Ukraine - racked up healthy gains on Wednesday after Citigroup upgraded the stock to ‘neutral’ from ‘sell’ as the shares reached its price target of 208p.
PCG Entertainment agrees to sale of Center Point
AIM-listed online media and entertainment group PCG Entertainment has agreed to the sale of its wholly-owned subsidiary Center Point Development Corp to a consortium of existing shareholders in the company in exchange for a 30% interest in PCG.
Imperial Brands forms JV with China Tobacco
Imperial Brands teamed up with rival China Tobacco to develop a variety of growth opportunities in Asia's largest economy and overseas via a Hong Kong-based joint-venture to be named Global Horizon Ventures.
Samsung boss named as suspect in South Korea corruption scandal
South Korea's unprecedented investigation into government corruption has led to Samsung boss Lee Jae-yong being named as a suspect, just weeks after the impeachment of the country's President Park Geun-hye.
Lidl in expansion mode after record holiday sales
Supermarket chain Lidl announced record sales over the festive season on Wednesday, with a 10% increase year-on-year for the 2016 holidays.
Thursday preview: Tesco to reveal recovery in third quarter trading update
Tesco is expected to report a healthy third quarter trading update on Thursday as the supermarket begins to see improvements on the back of its turnaround plan.
FTSE 250 movers: Evraz gains on Citi upgrade; Cobham tanks on profit warning
London’s FTSE 250 was down 0. 1% to 18,392. 02 in afternoon trade, with broker notes providing a good chunk of the action.
Wednesday broker round-up
Burberry: Barclays upgrades to Overweight and lifts target price from 1450p to 1760p.
FTSE 100 movers: Sainsbury's rallies on update; TUI hit by downgrade
London’s FTSE 100 was up 0. 2% to 7,288. 10 in afternoon trade as investors awaited US President-elect Donald Trump’s press conference, with broker notes moving stocks.
Alexander Mining boosted by Mongolian marketing agreement
Alexander Mining has signed a marketing agreement with a prominent Mongolian commodities expert over the potential commercial use of the AIM company's leaching technologies in the country.
Ministers privately conceding Brexit Supreme Court defeat
Ministers in Theresa May's government have privately admitted that they are expecting to be defeated in a Supreme Court ruling which will decide whether Parliament must be consulted on Brexit.
UK industrial production bounces back thanks to energy rebound
UK industrial production in November was much better than expected, data from the Office for National Statistics confirmed on Wednesday, with a strong rebound in North Sea oil and gas output and a cold snap driving heating demand.
Heathrow hits record of 76m passengers
Heathrow airport has had a “milestone” year with a record 76m passengers and 1. 5m tonnes of cargo as well as its upcoming expansion with the new runway.
London midday: Stocks rise as pound falls on wider UK trade deficit
London stocks rose on Wednesday as traders weighed mixed UK data and looked ahead to speeches by Bank of England Governor Mark Carney and US President-elect Donald Trump.