Latest News
CyanConnode wins $5.4m smart meter contract in Bangladesh
CyanConnode, a maker of narrowband radio mesh networks, has won a $5. 4m smarter metering contract from Eastern European energy management system company to provide smart metering to customers in Bangladesh.
LGO Energy reapplies to Spanish government for oil concession
Oil and gas firm LGO Energy has reapplied to the Spanish government to extend its concession in the country, after it was denied an extension in January.
FTSE 250 movers: Ashmore rallies on results, Thomas Cook slides
London’s FTSE 250 was up 0. 1% to 18,615. 91 in afternoon trade as market participants digested the day’s earnings news.
Bank of England reshuffle sees Hogg promoted as hawkish Forbes departs
The Treasury has promoted Charlotte Hogg, currently chief operating officer, as deputy governor for markets and banking at the Bank of England, and revealed the hawkish Kristin Forbes will also step down from the Monetary Policy Committee at the end of June.
FTSE 100 movers: Mondi gains but Smith & Nephew slumps on update
London’s FTSE 100 was up 0. 2% to 7,205. 63 in afternoon trade as investors sifted through corporate news.
Polo Resources notes shares in Blackham Resources suspended
Shares in AIM-listed multi-sector investment company Polo Resources are down more than 6% as it noted that the shares of investee company Blackham Resources have been suspended.
Genel Energy says Tawke field produced 39m barrels in 2016
Shares in Genel Energy are up more than 5% as it reported output from the Tawke field totalled 39 million barrels in 2016. Genel holds a 25% working interest in Tawke.
RedX Pharma as it proposes discounted capital raising
Shares in RedX Pharma are down almost 5% as it proposes raising £12m, before expenses, via a placing and subscription to advance its drugs pipeline.
DFS Furniture reassures over profits, dividend and competitive strengths
Updating the market following mixed reports from its rivals, DFS Furniture posted solid half-year revenue growth and said its expectations for the full year profits remained unchanged.
Frontier Developments bulks up interim pre-tax profit, revenues
Frontier Developments has bulked up its interim pre-tax profit to £3. 6m, from £440,000 a year earlier, thanks to the filter-through benefits of a surge in revenue to £18. 1m, from £10. 9m.
Friday preview: Greene King to report strong third quarter trading update
Pub operator Greene King is expected to report a robust third quarter trading update on Friday during a strong performance across the rest of the sector.
US initial jobless claims unexpectedly drop
The number of Americans filing for unemployment benefits unexpectedly fell last week to a near-three month low, according to figures from the Labor Department.
Trump to visit UK in June as protests grow louder
US President Donald Trump is scheduled to visit the UK in June, according to London's Metropolitan Police chief.
BrainJuicer's FY profit surges despite fall in UK gross profit
Shares in BrainJuicer fell more than 1% despite it posting a 38% hike in full-year pre-tax profit to £6. 2m, helped by a 24% surge in revenue to £31. 24m.
Water Intelligence says 'strong' performance continues
Leak detection and remediation solutions provider Water Intelligence provided a trading statement for the year to 31 December on Thursday, ahead of its final results, to be announced on or around 9 May 2017.
Twitter plummets 11% after missing quarterly revenue estimates
Twitter's worries continued on Thursday after the social media group badly missed analysts' expectations for fourth quarter revenue, although it did beat on earnings per share.
Singapore Airlines to buy 39 Boeing planes in $13.8bn deal
Boeing has received an order for 39 of its planes from Singapore Airlines, as the carrier aims to grow and modernise its fleet in order to compete with international rivals.
Wishbone Gold hit sales target in December as gold prices rise
Precious metals trading firm Wishbone Gold hit its sales target in December as the price of gold rose in the wake of political and economic uncertainty in Europe and the US in 2016.
Blackrock CEO Fink warns of 'dark shadows' in global markets
The chief executive officer of the world's largest money manager Blackrock has warned that there are "dark shadows" ahead in global financial markets.
Higher aluminium prices help Norsk Hydro through Q4
Norsk Hydro posted an update for the fourth quarter of 2016 on Thursday, with underlying EBIT of NOK 1. 83bn as a result of higher realised all-in aluminium and alumina prices.