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Latest News
08 Mar
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Sound Energy begins drilling at Badile in Italy

African and European focused upstream gas company Sound Energy confirmed on Wednesday that drilling of the Badile exploration well, onshore Italy, had commenced on 7 March.

08 Mar
new york stock exchange, nyse, markets, wall street, us. photo: grant wickes
US pre-open: Stocks seen lower as investors eye employment data

US futures pointed to a muted opening on Wall Street as investors eyed key employment data and the prospect of a rate hike next week.

08 Mar
libra, esterlina, divisa, moneda, reino unido pound currency
Ceres Power revenue surges as technology development continues

Low cost, next generation fuel cell technology developer Ceres Power Holdings announced its half-yearly results for the six months to 31 December on Wednesday - a period in which it signed two new development agreements, bringing the total to four including with Honda, Nissan, Cummins and a further unnamed global original equipment manufacturer.

08 Mar
Satellite, space, communications
Inmarsat recruits IAG as launch client for onboard broadband services

Inmarsat signed up one of the world's largest airline groups as the launch customer for its European Aviation Network high-speed in-flight broadband service.

08 Mar
money
XP Power earnings firmer in 2016

Critical power components manufacturer XP Power posted its annual results for the year to 31 December on Wednesday, with order intake up 21% to £133. 5m, and revenue rising 18% to £129. 8m year-on-year.

08 Mar
buque escuela esmeralda chile
Consumer prices in Chile slip in February, paving way for rate cut

Consumer prices in South America's most advanced economy slipped in February, paving the way for further interest rate cuts according to one economist.

08 Mar
cbdraghi8q1
Thursday preview: Will Draghi 'look through' amid Germany pressure

Attention moves to the European Central Bank on Thursday, with an interest rate decision and press conference with central bank chief Mario Draghi that should be the key event of the week.

08 Mar
philip-hammond-nomme-ministre-des-finances
London midday: Stocks edge lower ahead of Budget; sterling slips again

Investors are continuing to keep their cards close to their chests ahead of UK Chancellor Philip Hammond's Spring Budget, amid renewed losses for the pound around midday.

08 Mar
just eat
Wednesday broker round-up

Stock Spirits: Numis upgrades to Add with a target price of 200p.

08 Mar
Google
Mobile advertising to reach close to £7bn in 2017

Advertising spending via mobile in the UK is estimated to hit £7bn this year, taking company investments in smartphones and tablets to over one-third of the total advertising spend.

08 Mar
lookers
Lookers posts record FY profit, lifts dividend

Car dealer Lookers' shares fell more than 2% despite a 46% surge in full-year pre-tax profit to a record £91. 8m, from £62. 8m.

08 Mar
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Bagir Group's shares surge on trading performance turnaround

Bagir Group's shares are up more than a quarter after it delivered a turnaround in trading performance, cleared all bank debt, reduced its total cost base and invested in future growth.

08 Mar
shawbrook
Numis reiterates buy on Shawbrook after big hike to earnings forecasts

Numis hoisted its earnings forecasts for Shawbrook significantly after the challenger bank delivered strong results and outlined an upbeat outlook.

08 Mar
globe_symbol_radar-261x300
Shares in Solo Oil, Aminex fall after Ntorya-2 well update

Shares in Solo Oil and Aminex are down heavily after they said the Ntorya-2 appraisal well, onshore Tanzania, has been successfully flow tested and is being suspended for future gas production.

08 Mar
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Wikileaks publishes claims of phone and TV hacking from CIA and GCHQ

Whistleblowing website Wikileaks has released its largest collection of US intelligence documents to date, which appear to contain a variety of secret insights into CIA hacking procedures.

08 Mar
china, shanghai, chinese
Asia report: Most markets lower as China-Korea tensions rise

Markets in Asia finished mostly lower on Wednesday, as traders began to close their wallets ahead of an expected rate hike from the US Federal Reserve next week, and geopolitical tensions in the Asia Pacific region continued to tighten.

08 Mar
pharmaceutical, drug, glaxosmithkline
OptiBiotix Health's cholesterol reducing strain to be manufactured by Sacco

Probiotic company Sacco is to manufacture and supply OptiBiotix Health’s cholesterol reducing strain, LP LDL, in Europe in return for 50% of the profit.

08 Mar
cancer-du-poumon
ValiRx's shares rise after VAL401 cancer-drug trial update

Shares in ValiRx are up more than 6% after it said ValiSeek has made several significant steps of progression within the trial for the novel cancer-treatment drug VAL401.

08 Mar
europa oil and gas
Northern Petroleum to buy oil producing assets in Canada

AIM-listed oil and gas company Northern Petroleum said it was buying production wells and facilities in Alberta, Canada for up to $1. 1m.

08 Mar
G4S
G4S results impresses as improved cash flow helps trim debt

G4S impressed investors with full year results as it reported progress with its turnaround strategy delivered revenue growth of 6. 3% and earnings growth of 16. 6%.