Latest News
Avesoro Resources posts earnings loss in year of transition
Avesoro Resources posted its results for the year to 31 December on Wednesday, with revenues of $63. 6m generated from gold sales of 50,264 ounces since the start of commercial production at an average realised sale price of $1,266 per ounce.
Markets generally unperturbed after UK activates Brexit talks with EU
Financial markets and assets appear generally unperturbed after Prime Minister Theresa May's well-flagged move to trigger formal Brexit talks with the European Union, apparently shaking off early-session wobbles as traders jostled for position.
Avanti Communications to provide internet connectivity to Sub-Saharan Africa
Shares in Avanti Communications surged on Wednesday on news that the satellite data provider has partnered with telecommunications firm Millicom to bring broadband connectivity to domestic consumers, businesses and governments in Sub-Saharan Africa.
'No flights' between UK and Europe from 2019 is possibility, warns Ryanair
There could be no flights between the UK and Europe in the immediate aftermath of Britain exiting the European Union, according to one airline.
Entu reverses to FY loss; positioned for growth return in 2018
Home-improvements group Entu has reversed to a full-year loss amid a very difficult year, but says it is positioned for a return to growth in 2018.
InfraStrata repays £0.2m to Baron Oil
Baron Oil announced on Wednesday that InfraStrata had repaid the £0. 2m drawn down on the secured loan facility provided by Baron.
Pernod hikes prices for Absolut vodka, Beefeater gin after pound slump
Pernod Ricard, owner of popular alcohol brands including Absolut vodka, Jameson whiskey and Malibu rum, has hiked UK prices on its spirits and wines in order to counterbalance the effect of the pound's slump since the Brexit referendum and rising inflation.
European Commission blocks LSE, Deutsche Boerse merger
The European Commission has blocked the proposed merger between Deutsche Boerse and London Stock Exchange, saying it would have significantly reduced competition.
AB Dynamics in line with expectations in first half
Designer, manufacturer and supplier of advanced testing systems and measurement products AB Dynamics updated the market on Wednesday, in advance of its interim results for the six months to 28 February.
Atlantis Resources expands tidal power in Indonesia
Tidal power company Atlantis Resources has expanded its presence in Indonesia after sealing a supply deal with a marine, subsea and renewable energy project developer.
JRP slumps as Cinven, Permira sell shares
Shares in retirement specialist JRP fell on Wednesday after funds of Cinven and Permira sold a higher stake in the company than originally planned.
MySQUAR launches 'Lucky Wingabar' gaming platform
Myanmar-language social media, entertainment and payments platform MySQUAR announced that 'Lucky Wingabar', its casual gaming platform, was launched on Wednesday with five casual games.
US pre-open: Stocks seen flat ahead of Fed speak as investors eye Brexit
US futures pointed to a muted open on Wall Street on Wednesday as investors looked to speeches from Federal Reserve officials and kept an eye on developments across the pond, where British Prime Minister Theresa May was kicking off the Brexit process.
Europe midday: Stocks waver as Britain starts process to leave EU
Europe stocks wavered on Wednesday as investors avoided making big bets as Britain prepared to start formal divorce proceedings with the European Union.
Asia report: Markets mixed as Japanese firms condemn no-deal Brexit
Markets in Asia finished mixed on Wednesday, with traders hanging out for UK Prime Minister Theresa May’s formal letter of resignation to the European Union.
London midday: Stocks turn lower as May triggers Article 50
London stocks had frittered away their early gains by midday, while the pound was off lows as Britain officially kicked off divorce proceedings with the European Union.
Brexit minister Davis says NI can rejoin EU if it votes for reunification
David Davis has said that Northern Ireland will be able to rejoin the European Union if it was to vote for a reunification with the Republic of Ireland, according to leaked government reports.
Armadale begins 2017 drilling season at Mahenge Liandu
Africa-focussed natural resources investment company Armadale announced on Wednesday that the exploration programme for the 2017 season at its 100%-owned Mahenge Liandu Graphite Project in Tanzania had now commenced.
Petards wins £4.3m contract with Stadler Bussnang AG
Software developer of advanced security and surveillance systems company Petards has won a contract worth £4. 3m to supply Stadler Bussnang AG with its eyeTrain CCTV and Automatic Selective Door Opening (ASDO) systems.
Johnston Press' shares down after FY impairment-driven loss and revenue fall
Shares in Johnston Press are down almost 12% as it reversed to an impairment-driven pre-tax loss on lower revenue for its full year continuing operations, with an expectation there would be continued pressure on industry traditional print revenue streams.