Full list of stories by category All - 2017-01-16

12 Oct

Allianz on lookout for takeovers in US and Europe

German insurer Allianz has said it is in the market for "big takeovers" around Europe and in the US.

16 Jan

Management buyout fails at Agriterra cocoa plantation

Agriterra advised the market on Monday that, further to its announcements of 5 October 2016 and 6 January 2017, the proposed management buyout transaction of the company's Sierra Leone cocoa assets - held through equity interests in Baranca Tide Limited and West Africa Cocoa Services Limited - will not be completed as anticipated.

16 Jan

Europe close: Shares end lower despite US holiday

European stocks closed in the red, with car makers losing out as investors digested comments from US President-elect Donald Trump.

16 Jan

FX round-up: Pound knocked lower by blinding glimpse of the obvious

The pound was sent reeling by reports over the weekend that the Prime Minister was set to announce the next day that the UK was willing to leave the European Union's single market and customs union in order to regain control over immigration and escape from the jurisdiction of the European Court of Justice.

16 Jan

Small cap round up

Goals Soccer Centres said on Monday that trading in the year to the end of December was broadly in line with market expectations as it posted a rise in sales. The company, which operates small-sided soccer centres, said group sales for the year were up 1. 3% to £33. 4m, with like-for-like sales 0. 6% higher, reflecting a “significant” improvement in the second half of the year.

16 Jan

Canary Wharf and the O2, London Docklands; markets, finance, City

London close: FTSE falls on Brexit uncertainty, drop in banking shares

London stocks were in the red on Monday as investors erred on the side of caution ahead of a key Brexit speech by Prime Minister Theresa May.

16 Jan

Orosur Mining reports on transitional quarter

South America-focused gold producer, developer and explorer Orosur Mining posted its first half and second quarter results through November 2016 on Monday, updating the market at the same time of its exploration and development activities in Uruguay.

16 Jan

FTSE 100 movers: Miners gain while Vodafone loses out

The FTSE 100 index was down 0. 18% at 7,324. 70 at 1622 GMT in the late afternoon.

16 Jan

recours-de-l-ue-contre-une-decision-de-l-omc-sur-airbus-et-boeing

Airbus to have 'flying car' prototype ready in 2017, according to CEO

Flying cars could arrive sooner than expected, as Airbus Group plans to roll out a prototype within the next year, according to the company's CEO Tom Enders.

16 Jan

Genedrive supplies field test units to US DoD

Manchester-based diagnostics company genedrive announced on Monday that it has supplied Genedrive units and assays to the United States Department of Defense for field trials, as part its $7. 8m development programme for a handheld device to allow for the detection of biohazards such as biological warfare agents.

16 Jan

Instem faces setback at year end

Instem, an AIM-listed provider of IT solutions to the global early development healthcare market, reported a “strong” performance for the year ended 31 December 2016 but faced challenges with one of its divisions and contract delays.

16 Jan

Arrest warrant sought in South Korea for Samsung heir

South Korean authorities are seeking an arrest warrant for Jay Y Lee, the de-facto head of the Samsung group, in relation to an ongoing corruption scandal in the country.

16 Jan

IMF leaves global GDP forecasts for 2017, 2018 unchanged after US elections

The global economy was set to accelerate over the next two years but there were uncertainties around exactly what policies the US would put in place and several emerging market economies were now seen growing more slowly, the International Monetary Fund said.

16 Jan