Latest News
IAG's British Airways cabin crew call two-week strike
British Airways cabin crew have called a two week strike and alongside union Unite have threatened the International Consolidated Airlines Group carrier with legal action after 1,400 cabin crew were sanctioned for striking as part of a long-running pay dispute.
Commodities: Crude steals cautiously higher as market looks ahead to rig-count data
Crude-oil futures stole cautiously ahead Friday as the market awaits Baker Hughes rig data this afternoon, and despite the overall bearish sentiment surround the black liquid.
Marlower acquiring Advance Environmental in £2m deal
Support services group Marlowe announced on Friday that it had acquired Advance Environmental, which it described as a provider of water treatment and hygiene services based in Brackley, Northamptonshire.
Clipper Logistics acquires profitable Repairtech
Clipper Logistics has acquired RepairTech Limited for £3m cash, which it said would immediately enhance earnings.
Telit receives purchase order for LTE automotive modules
Technology company with a focus on the ‘internet of things’, Telit Communications, confirmed on Friday that it received the first purchase order from an unnamed emerging North American car original equipment manufacturer for its LTE Cat6 automotive-grade module.
FTSE 250 movers: Cobham up ahead of air show; Ocado drops
London’s FTSE 250 was up 1. 4% to 19,818. 68 in afternoon trade, recovering from heavy losses in the previous session as traders grabbed some bargains.
Greka Drilling picked by Indian state explorer for Bokaro project
Asia-focussed specialised unconventional oil and gas driller Greka Drilling announced on Friday that, further to its announcement on 6 April, it was awarded a Letter of Award (LOA) for a three-year drilling contract by Oil & Natural Gas Corporation (ONGC) for that company’s Bokaro CBM asset in India.
Savannah receives positive advice from Oman authorities
Resource development company Savannah Resources announced on Friday that it had now received initial advice from the Ministry of Environment and Climate Affairs on the environmental impact assessment (EIA) for the development of a processing plant and tailings facility for its Block 4 and 5 copper projects in Oman.
Amazon to buy Whole Foods in $13.7bn deal
Amazon has agreed to buy Whole Foods Market for $42 per share in cash, in a deal valued at around $13. 7bn.
Premaitha Health launches 'Sage' prenatal testing product
Molecular diagnostics group Premaitha Health announced the launch of ‘Sage’ on Friday, which it described as an non-invasive prenatal testing (NIPT) solution incorporating additional prenatal screening analysis tools.
May US housing starts miss forecasts
Activity in the US housing market cooled sharply last month.
Jobs and economy must take priority in Brexit talks - Hammond
Chancellor of the Exchequer Philip Hammond has said the government’s priority as it enters Brexit negotiations should be on jobs and the economy.
Scotland Yard to open criminal inquiry into Grenfell Tower fire
UK police are set to open a criminal inquiry into the massive fire which led to the deaths of at least 30 people in the Grenfell Tower flats this week.
London midday: Stocks extend gains as traders pick up some bargains
Equity markets in London were extending gains by midday on Friday, recovering from the previous session’s losses.
SThree bounces back in quarter two but UK remains one big drag
Interim results from SThree showed the recruiter bounced back in recent months after two weak quarters.
EU Supply enters new framework agreement worth up to EUR 3.6m
E-procurement software provider EU Supply announced on Friday that it had entered into a new framework agreement with an existing, unnamed customer, for additional services to its ‘CTM’ platform.
SDL finance chief Lavelle taking medical leave
SDL announced on Friday that Dominic Lavelle had taken temporary leave of absence to undergo treatment for a medical condition.
Great Western Mining raises £1.15m in placing
Gold, silver and copper exploration and development company Great Western Mining announced on Friday that it had raised £1. 15m before expenses via a placing of 92 million new ordinary shares of €0. 0001 each, at a price of 1. 25p per placing share, to institutions and existing shareholders.
Europe midday: Stocks rise on car sales data, Greece optimism
European stocks were modestly higher at the end of the week on the back of improved European car sales data and on the heels of progress overnight on debt relief for Greece.