Latest News
Roxi Petroleum to merge Kazakh assets with Braverstock
Oil and gas explorer Roxi Petroleum will take greater control of its Kazakhstan project after striking a deal with Swiss miner Braverstock to merge their assets in Eragon Petroleum for about £67. 88m, subject to shareholder approval.
London midday: Stocks pare gains as insurers slump
Stocks in London were little changed by midday on Monday, paring earlier gains as weakness in the insurance sector weighed on the index.
Infrastrata's shares tumble on proposed placing plans
Infrastrata's shares are down almost 20% on news it intends to raise up to £750,000 at 0. 5p a share to repay the Baron Oil loan and begin the first phase of Front-End Engineering Design (FEED) for its Islandmagee gas storage project.
WH Ireland swings to a loss as revenue falls
Financial services group focussed on private wealth management and corporate broking services, WH Ireland, announced its final results for its financial year ended 30 November 2016 on Monday, with group turnover falling to £25. 4m from £30. 9m.
UK consumer confidence crawls higher despite growing inflation concern
Consumer confidence improved slightly in the UK in February despite increasing worries about inflation, European Commission data revealed on Monday, while eurozone economic sentiment remained broadly flat.
Asia report: Markets lower as sterling drops against greenback
Markets in Asia finished lower on Monday, with many traders turning their attention to currencies and the tumbling sterling against the greenback.
US pre-open: Stocks seen muted as investors pause for breath
US futures pointed to a muted open on Wall Street, with investors likely to pause for breath after recent gains as they look to a speech by President Donald Trump on Tuesday.
Quartix makes good start to 2017 after lifting FY 2016 profit
Vehicle tracking systems and services specialist Quartix says it has made a good start to full-year 2017 after improving its pre-tax profit for 2016.
Dialight marginally improves FY pre-tax loss in year of change
LED lighting technology company Dialight has marginally improved its full-year statutory pre-tax loss in what it penned a year of change for the company.
Microgen acquires Canadian software firm Primacy
Microgen announced the acquisition of Primacy Corporation from the Kelly Family Trust on Monday, for total cash consideration of CAD 5. 6m (£3. 4m).
WH Ireland's FY pre-tax loss widens as revenue falls
Financial services group WH Ireland has widened its full-year pre-tax loss, as revenue fell causing an operating loss for the period.
Barclays appoints ex-Kingfisher CEO as chairman of UK bank
Barclays has appointed Sir Ian Cheshire, former Kingfisher chief executive, as chairman designate of its ring-fenced bank, Barclays UK, which comprises the UK retail banking, business banking, consumer credit card and wealth management businesses.
Trinity Mirror profit up after Local World acquisition
Trinity Mirror, the UK's largest local newspaper group, reported a jump in full-year profit and revenue, thanks in part to its acquisition of Local World.
Starcom warns of FY loss, lower revenues amid Watchlock Pro delays
Shares in Starcom dived a third after it warned of a pre-tax loss for full-year 2016, with revenue for the 12-month period coming in broadly flat thanks to Watchlock Pro order delays.
Warren Buffett praises effect of immigration on US economy
Billionaire investor Warren Buffett has heaped praise on the contribution of immigrants to the US economy, and expressed confidence that American companies will continue to grow in years to come.
Essentra boosted by Deutsche Bank upgrade
Packaging and filter products producer Essentra was on the front foot on Monday as Deutsche Bank bumped its rating up to 'buy' from 'hold' and hiked the price target to 600p from 425p.
Senior earnings fall as board looks for further savings
Senior posted its results for the 2016 calendar year on Monday, with revenue rising 8% to £917m, although at constant currencies the change was a 2% decrease.
Union Jack Oil raises £1.4m in placing
Union Jack Oil has raised around £1. 4m through a placing of new ordinary shares at 0. 135p each, which it plans to use to increase its interests in existing licences within the portfolio.
Ascential ups dividend as efforts to reshape business continue
Ascential posted a solid first set of annual results as a listed company, with the events organiser confirming a chunky dividend after growing underlying profits by almost a third but remaining in the red due to its publishing legacy business.
Morgan Stanley downgrades Rightmove to 'equalweight'
Morgan Stanley has downgraded Rightmove to 'equalweight' from 'overweight' and kept the price target at 4,400p.