Latest News
Euro area GDP clocks in at 0.5% for first quarter, as expected
Economic growth in the Eurozone accelerated slightly at the start of the year, spearheaded by growth in Portugal, Spain and Germany.
Asia report: Most markets higher as oil prices surge
Markets in Asia finished mostly higher on Tuesday, with higher oil prices lifting sentiment after Russia and Saudi Arabia confirmed they agreed production cuts should be extended until March 2018.
Blenheim Natural Resources widens loss, notes significant cash
Shares in Blenheim Natural Resources gained almost 10% on news of its significant cash resources as it posted a wider pre-tax loss for the 11 months to 31 March 2017 than for the year to 30 April 2016.
W Resources reports solid progress at La Parrilla
Iberian Peninsula-focussed tungsten, copper and gold exploration and development company W Resources updated the market on the development and financing of its La Parrilla tungsten and tin project in Spain on Tuesday.
Overlapping licence application change puts question mark on Altona plans
Altona Energy announced on Tuesday that it had been notified by South Australia’s Minister for Mineral Resources and Energy, that the assets of Linc Energy - including its wholly-owned subsidiary SAPEX - had been acquired by Tri-Star Petroleum Company.
Helical buys Manchester office for £13m
Helical announced on Tuesday that it has completed the acquisition of Trinity Court, a 47,500 sq ft office building in Manchester City Centre, for £12. 9m.
Europe open: Euro gains dampen advance in stocks
Another move higher in the European single currency is weighing on stocks amid newspaper headlines in the States alleging that US president Donald Trump shared intelligence secrets with visiting Russian diplomats.
Hardide turns in wider H1 loss amid challenging oil & gas market
Hardide's shares dropped almost 6% as it recorded a wider first-half pre-tax loss amid a still-challenging and volatile oil and gas market, but forecast in-line full-year trading.
DCC retained as a 'buy' by Cannacord on strong cash generation
Strong full year results and “impressive” cash generation at diversified support business DCC have led to a 'buy' retention from Cannacord Genuity with a target price of 8000p.
US pre-open: Stocks seen muted as investors pause for breath
US futures pointed to a muted open on Wall Street on Tuesday after the Nasdaq and the S&P 500 closed at record highs in the previous session on the back of rising oil prices.
Civitas Social Housing acquires regulated portfolio for £6.1m
Shares in Civitas Social Housing advanced after it completed the purchase of a portfolio of regulated social housing for a total consideration of £6. 1m.
German investor sentiment picks up less than expected in May - ZEW
German economic sentiment improved less than expected in May, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.
Countryside Properties boosted by Berenberg initiation at 'buy'
Countryside Properties got a boost on Tuesday as Berenberg initiated coverage of the stock at 'buy' with a 330p price target, highlighting several areas for growth and an undemanding valuation.
Ford said to be gearing up for 10% cut in global workforce
US automaker Ford Motor is reportedly set to trim its workforce by around 10% as the company attempts to increase profits and boost its share price.
Akers Biosciences' Q1 revenue dips
Akers Biosciences saw its revenue come in lower for the first quarter, including for its flagship PIFA Heparin PF/4 Rapid Assay products.
EasyJet interim losses surge as currency, Easter, Brexit costs weigh
EasyJet flew a record number of passengers in the first six months of its financial year and moved to secured its post-Brexit future, though reported a much bigger loss as revenue per seat fell and costs per seat rose.
Premier Foods sales and profit drop in 'challenging' year
Premier Foods reported a drop in sales and profit for the year to 1 April on Tuesday as it highlighted a "challenging" year and said it was changing its strategy to focus more on cost efficiencies and cash generation.
London open: Stocks little changed ahead of inflation data; easyJet hits turbulence
London stocks were little changed in early trade as investors sifted through results from the likes of Vodafone and easyJet and awaited some key UK inflation data.
CYBG makes strong start to 2017
Holding company for Clydesdale Bank and Yorkshire Bank, CYBG, posted its interim results for the six months to 31 March on Tuesday, reporting a “stable” net interest margin at 226bps, which it said reflected “active” margin management against a backdrop of a competitive market.
Anglo American says rough diamond sentiment remains steady
Anglo American saw a fall in rough diamond sales value from De Beers' fourth sales cycle of 2017, though the company was encouraged that demand remained at a steady level.