Latest News
Fed's Evans still worried about downside risks, but supports one or two hikes
A top US rate-setter reiterated his relatively dovish stance on monetary policy on Wednesday, telling his audience he still worried that interest rates might be headed back towards the 'zero-bound' at some point in the future.
Jubilee begins platinum production at Hernic operations
AIM-listed mine-to-metals company Jubilee Platinum has begun production of platinum concentrate at its Hernic operations in South Africa.
US pending home sales rise much more than expected
US pending home sales rose a lot more than expected in February, according to data from the National Association of Realtors.
Morgan Stanley upgrades 3i to 'Overweight' touting long-term value of Action
Analysts at Morgan Stanley upgraded their recommendation on shares of 3i and revised their target price higher, arguing the company's holding in retailer Action was higher than what owner 3i was letting onto.
Kimberly disposes of ENMAN, keeps Veleslavin
Central and Eastern Europe-focussed property developer Kimberly announced on Wednesday that it sold its wholly owned subsidiary ENMAN on 29 March to a third party for a nominal amount.
FTSE 250 movers: Nostrum gains on broker note; JRP slides on stake sale
London's FTSE 250 was off 0. 2% at 18,922. 66 in afternoon trade as Prime Minister Theresa May formally kicked off divorce proceedings with the European Union.
FTSE 100 movers: 3i rallies on upgrade; Fresnillo, Randgold lose shine
London's FTSE 100 was flat at 7,344. 01 in afternoon trade as PM Theresa May pulled the trigger on Brexit.
Full text of Theresa May's Article 50 letter to Donald Tusk
On Wednesday 29 March, 2017, Prime Minister Theresa May sent European Council President Donald Tusk a letter that represented the formal triggering of Article 50 of the Lisbon Treaty, starting the clock on the two year negotiating process to exit from the European Union.
Artilium teams with Mitek for customer identity software
Telecommunications software provider Artilium announced on Wednesday that it entered into a preferred partnership with Mitek, a global leader in mobile capture and identity verification software, to offer identity solutions to the telecoms market.
US Congress votes to repeal Obama privacy protections
Barack Obama's introduction of several internet privacy provisions shortly before his departure from the Oval Office has been reversed by the US Congress following a vote on Tuesday.
Small cap news round-up
Telford Homes' shares are up more than 1% after joint venture Chobham Farm LLP exchanged contracts for the sale of the first phase of open market homes at New Garden Quarter, in east London, to Folio London Ltd.
Summit Therapeutics widens loss as drug development continues
Drug discovery and development company Summit Therapeutics reported its financial results for the fourth quarter and fiscal year ended 31 January on Wednesday, with revenue rising to $2. 9m from $2. 3m a year earlier.
Gfinity signs up first four Elite Series teams
Esports operator Gfinity announced the first four professional eSports teams had signed up to compete in the Gfinity Elite Series, launching later this year, on Wednesday.
Transense swings to net loss as mining slump continues
Transportation and industrial sensor systems provider Transense Technologies reported results for the six months to 31 December on Wednesday, with revenues unchanged from the prior year at £1. 04m.
Telford Homes' JV exchanges contracts on Phase 1 open market dwellings
Telford Homes' shares are up more than 1% after joint venture Chobham Farm LLP exchanged contracts for the sale of the first phase of open market homes at New Garden Quarter, in east London, to Folio London Ltd.
Results round-up: Saga, Sanne
Over-50's insurer and tour operator Saga proposed an 18% dividend hike after delivering a solid year of profits growth.
Faron Pharmaceuticals widens operating loss as development continues
Clinical stage biopharmaceutical company Faron Pharmaceuticals posted its full year audited results for the year to 31 December on Wednesday, with revenue rising to €1. 15m from €0. 52m in the prior year.
Hammond says UK will not be able to 'cherry pick' Brexit terms
Britain will not be able to "cherry pick" the best terms in any Brexit negotiations, Chancellor Philip Hammond said on Wednesday as formal notice was served by the UK to leave the European Union.
Mereo BioPharma to raise £15m to develop brittle bone disease treatment
Mereo BioPharma Group is planning to raise up to £15m to support development its brittle bone disease treatment following its acceptance to participate in the European Medicine Agency's adaptive pathways programme.