Latest News
Gfinity partnering with Microsoft for virtual Le Mans race
International esports promoter Gfinity announced on Friday that it had been confirmed as the exclusive partner for the ‘elite’ finals of Microsoft's Forza Racing Championship at the 24 Hours of Le Mans event in June.
TomCo Energy reveals details of five-way partnership
TomCo Energy announced on Friday that, further to the announcement on 28 March relating to the execution of a non-binding letter of intent between TomCo, TurboShale, the Oil Mining Company (OMC), JR Technologies and Venture Development Partners, that the parties had entered into a framework agreement.
US non-farm payrolls rise by 138,000 in May
Job creation in the States slowed last month, surprising economic forecasters.
Sector movers: Cyclicals lead, but defensives close behind
Shares of carmakers and lenders were pacing gains in the market even as beverages and personal goods nipped at their heels as some investors sought out safe havens ahead of the elections.
AFH Financial acquires Suffolk-based Euinsure
Financial planning-led wealth management firm AFH Financial Group announced the acquisition of the entire issued share capital of Eunisure on Friday, which it described as a face to face adviser-led financial planning business focused on the protection market based in Newmarket, Suffolk.
Altitude Group completes £0.8m acquisition of AdProducts.com
Personalised products marketplace provider Altitude Group announced on Friday that it had completed the acquisition of the trade and “certain assets” of AdProducts. com.
London midday: Stock gains cut as oil prices tank; payrolls eyed
London's FTSE 100 was easing back from a fresh intraday high by midday on Friday, with weaker oil prices offsetting a stronger-than-expected reading on the UK construction sector, as investors eyed the release of the latest non-farm payrolls report.
Cohort subsidiary awarded another two MoD contracts
Independent technology group Cohort announced on Friday that its subsidiary Marlborough Communications (MCL) was awarded two contracts by the Ministry of Defence to supply and support hearing protection systems and communication ancillaries for land, maritime and air applications, worth a combined £5. 5m.
Atalaya to study possible expansion at Proyecto Riotinto
European mining and development company Atalaya Mining announced on Friday that the board of directors had approved a study to demonstrate the feasibility of increasing the mining and processing capacity beyond the current 9. 5Mtpa to a maximum of 15. 0Mtpa at Proyecto Riotinto.
Vipera signs multi-country payments deal with Bankart
Mobile financial services and digital customer engagement solutions provider Vipera announced a multi-year agreement with payment processor Bankart on Friday, providing ATM, point-of-sale, card and Single Euro Payments Area processing services to 26 banks and other financial institutions in five countries in south eastern Europe.
As Easyjet recovery takes off over summer, HSBC ups target
With the low cost airline industry improving structurally, HSBC upped its price target on Easyjet as it expects evidence of the airline’s recovery to mount through the summer.
Asia report: Markets finish higher after positive US jobs data
Markets in Asia finished mostly higher on Friday, with traders turning their attention stateside as stronger payroll statistics offset the effect of the US withdrawal from the Paris Accord climate agreement at the behest of Donald Trump.
Europe midday: Shares advance as investors continue to search for yield
European stocks were continuing their move higher, tracking the fresh record highs notched up overnight by the main Wall Street gauges as investors continued to search for yield against a backdrop of improving macro data, according to strategists.
CPS charges Conservative MP Mackinlay over election expenses offences
Conservative MP Craig Mackinlay and two party workers have been charged over allegedly overspending on expenses in the last general election.
Greka Drilling secures $2.5m loan
AIM-listed unconventional oil and gas driller Greka Drilling has secured a $2. 5m loan, which will be used to pay creditors and for working capital purposes.
Google plans to build new 'landscraper' London HQ
US tech giant Google has submitted plans to construct a new 92,000 square-metre London headquarters near King’s Cross station.
Photo-Me expecting serious lift in profit
Instant-service equipment group Photo-Me updated the market on its trading for the year to 30 April on Friday, ahead of its final results which would be published on 27 June.
Draper Esprit raises another £100m
High-growth digital technology venture capital firm Draper Esprit announced on Friday that gross proceeds of approximately £100m had been raised at an issue price of 324p per share, by way of the conditional placing of 25,912,346 new ordinary shares and a subscription of 4,951,851 new ordinary shares.
US pre-open: Stocks to make more gains as investors eye payrolls
US stocks looked set to build on the gains they made in the previous session on Friday amid growing expectations that the latest non-farm payrolls report will cement the case for a Fed rate hike.