Latest News
Coal of Africa to acquire Pan African Resources Holdings Proprietary Ltd
Coal of Africa's shares have risen more than 16% on news it has agreed to acquire all of the shares in and claims against Pan African Resources Coal Holdings Proprietary Ltd (PAR Coal) for R275m, which worked out at about $20. 5m.
PPG Industries reiterates takeover talks invitation to AkzoNobel
PPG Industries has reiterated its interest in entering into discussions with Dulux maker AkzoNobel to form a combined company.
Spend your paper fivers now, warns Old Lady
Time is running out for old paper fivers, with the Bank of England warning on Wednesday that the legal tender status of the old £5 note - featuring Elizabeth Fry - would be withdrawn in one month’s time, on 5 May.
Verhoftsadt describes Brexit as Tory 'catfight that got out of hand'
Brexit was described as a “catfight in the Conservative Party that got out of hand” by the European Parliament's chief negotiator Guy Verhofstadt.
BATS gets Japanese clearance for Reynolds deal
British American Tobacco has received unconditional antitrust approval from Japanese authorities for its proposed acquisition of Reynolds American.
Limitless Earth converts investment in V-Nova
Investing company Limitless Earth announced on Wednesday that it has agreed to convert its investment in V-Nova International.
Pan African offloading Uitkmost to Coal of Africa
Pan African Resources announced on Wednesday that it concluded an agreement with Coal of Africa to dispose of all its shares and loan accounts in its wholly-owned subsidiary PAR Coal - the holding company of Uitkomst - to CoAL for a total consideration of ZAR 275m.
Smurfit Kappa appoints Saverio Mayer as Europe CEO
Paper and packaging company Smurfit Kappa has announced the appointment of Saverio Mayer, the chief operating officer of its European corrugated and converting operations, as the company's new chief executive of Europe.
Taihua's shares dive almost 40% on AIM cancellation proposal
Shares in Taihua dived almost 40% on its proposal for cancelling its AIM listing and taking the company private.
Europe midday: Stocks waver after eurozone services data; investors mull French election debate
European equities wavered on Wednesday despite eurozone services data coming in at a near six-year high, while investors were digesting the second television debate for the French presidential election.
BNN Technology knows no reason for share price move; progressing 'well'
BNN Technology noted the reaction in its share price over the past week and said it was not aware of any reason for the move, as it updated the market on its trading.
Rand bounces as Zuma staves off ANC resignation calls,
South African President Jacob Zuma is reported to have fended off calls from within his own ruling ANC Party to resign, prompting a bounce in the fortune of the rand.
Intercede boosts FY revenue forecast after contract receipts
Shares in Intercede are up almost 8% after it boosted its full-year revenue forecast following the receipt of several contracts before its year end on 31 March.
Real Good Food to buy majority stake in Welsh healthy food manufacturer
AIM-quoted food manufacturer Real Good Food is to buy a 84. 33% stake in Wales-based Brighter Foods for up to £9m, on a cash and debt free basis.
UK services activity rebounds strongly as prices surge, Markit PMI shows
UK services industry output in March was stronger than expected as the sector bounced back strongly from the five-month low on the back of the strongest price inflation since September 2008, though rising prices make a future slowdown more likely.
Asia report: Most markets higher as Pyongyang tests another missile
Markets in Asia finished mostly higher on Wednesday, as traders ignored yet another ballistic missile test from North Korea, and kept their attention on the upcoming meeting between US President Donald Trump and his Chinese counterpart Xi Jinping.
Castleton Technology sees FY revenue, profitability in line with market forecasts
Castleton Technology's shares are up more than 3% as investors welcome news its revenue and profitability for the year are in line with market forecasts.
Firestone Diamonds discovers its largest diamond to date
Shares in Firestone Diamonds rose nearly 10% on Wednesday after the AIM-listed miner announced it had discovered its largest diamond to date, a 110 carat gem-quality yellow stone.
JAB to buy Panera Bread in $7.5bn deal
Shares in Panera Bread surged in pre-market trade after the company said it has entered into a definitive merger agreement under which JAB Holdings will buy the US bakery chain for $315 a share in cash, in a transaction valued at around $7. 5bn.
Dart Group anticipates FY underlying pre-tax profit ahead of market expectations
Shares in Dart Group are up more than 5% on the company saying it foresees full-year underlying pre-tax profit ahead of present market expectations.