Latest News
Government cuts stake in Lloyds to below 2%
The government has cut its stake in Lloyds Banking Group to below 2%, meaning roughly £20bn has been returned to the state purse since it was bailed out during the credit crunch.
Elegant Hotels Group to buy Barbados hotel for $10.5m
AIM-listed Elegant Hotels Group is to buy Treasure Beach Hotel in Barbados for up to $10. 5m.
Chaarat Gold plans to raise $15m for Tulkubash project
Kyrgyz Republic-focussed exploration and development company Chaarat Gold announced its plans for first stage financing of the Tulkubash Heap Leach Project by raising approximately $15m by means of short-term senior secured convertible loan notes.
Mereo BioPharma raises £15m for brittle bone disease treatment
Mereo BioPharma has raised £15m from an equity placing in order to accelerate development of a treatment for brittle bone disease in children.
Euro area producer prices gain in February despite energy price drop
Factory gate prices in the euro area rose past forecasts in February despite a large drop in energy costs and in some of the bloc's largest economies.
Innovaderma reports significant revenue growth acceleration in H2
Innovaderma's shares are up more than 16% after reporting in a trading update that the revenue growth it achieved in the first half of 2017 has been significantly accelerated in the second six months.
Plexus confirms purchase order from Russian partner
Oil and gas engineering services company Plexus Holdings has confirmed a first purchase order for its Tersus TRT Mudline Suspension System equipment from LLC Gusar (OOO Gusar) Ltd.
Burberry to sell beauty business to Coty as part of strategic partnership
Burberry has agreed to transfer its a strategic partnership for its beauty business with Coty in a deal that is expected to reap around $225m plus ongoing royalty payments.
Altyn notes rise in H2 2016 gold output as it increases production capacity
Gold-mining development company Altyn said second-half 2016 gold production was 7276oz, against 3694oz in the first half, with this rise a direct result of increasing production from the underground mine.
Asia report: Markets higher as China takes day off
Markets in Asia finished mostly higher on Monday, as traders looked towards Chinese President Xi Jinping’s visit to the US later in the week, with Chinese markets closed for the day.
Fitbug's shares down despite starting 2017 with strong pipeline, reduced FY loss
Shares in Fitbug Holdings are down 10% despite confirmation it had started 2017 with a strong pipeline and reduced its full-year pre-tax loss.
UK manufacturing growth disappoints but remains in growth mode
UK manufacturing output remained solid in March but dipped to a four-month low, a closely watched survey revealed on Monday.
Iofina says brine reduction at IO#3 will have only small impact on forecast production
Iofina's shares are down almost 12 % after it said a reduction of brine at IOsorb plant IO#3 will have only a small impact on its forecast production, with little impact on planned net cash flow.
TP Group maritime division wins defence contract
Specialist services and engineering company TP Group announced that TPG Maritime had been awarded a contract by the Ministry of Defence, following successful negotiations first announced on 4 July 2016.
Frenkel Topping investigating possible sale
Independent financial advisor and asset manager focused on asset protection for vulnerable clients, Frenkel Topping, announced that its board was reviewing strategic options to accelerate the enhancement in its competitive positioning and maximise shareholder value, including a potential sale of the group.
Experian sells cross-channel marketing business
Experian has struck a deal to offload its email and online marketing to technology investor Vector Capital as part of a strategic review.
Tesla delivers record 25,000 vehicles during first quarter
Carmaker Tesla Motors delivered more vehicles in the first quarter of 2017 than any other quarter to date, figures released by the company show.
German, euro area manufacturing PMIs roar ahead in March, PMIs show
Factory activity in the single currency bloc accelerated sharply last month - rising at its quickest pace since 2011 - led by a core group comprised of Germany, the Netherlands and Austria, but amid rising cost pressures.
Genus free to launch rival service as court rules against Sexing Technologies
Animal genetics specialist Genus has won its litigation case against rival Sexing Technologies' owner Inguran, allowing the UK company to enter the market for the processing of sexed bovine semen.
US prepared to go solo against North Korea: Trump
President Donald Trump has warned that the US is prepared to bypass China and other allies of North Korea if they do not act appropriately to "solve" the issue of Kim Jong-un's regime.