Latest News
SolGold Toronto listing application gets conditional approval
SolGold advised the market on Friday that the listing committee of the Toronto Stock Exchange (TSX) had conditionally approved the company's application to list SolGold on the TSX.
Vipera partners with Mambu for mobile banking solution
Mobile financial services and digital customer engagement solutions provider Vipera announced a partnership with Mambu on Friday, which it described as “a leading software-as-a-service (SaaS) alternative” to traditional core systems powering banking and lending.
Flowtech Fluidpower pays nearly £2m for Hi-Power group
Specialist technical fluid power products supplier Flowtech Fluidpower announced the acquisition of Hi-Power, as well as the business and certain assets of Hi-Power Hydraulics on Friday.
Blur Group warns shareholders as it seeks urgent funding
Online B2B marketplace provider Blur Group updated the market on Friday, confirming that its rate of cash burn had stayed “broadly constant” with the $0. 9m-$1m seen in the final two quarters of 2016.
Glencore sweetens offer for Rio's thermal coal assets
Glencore has bumped up its offer for Rio Tinto's interest in Coal & Allied Industries (C&A) to $2. 68bn in cash plus a coal price-linked royalty, from a previous offer of $2. 55bn.
Gap between home price growth in South and rest of UK to close, Hometrack says
Annual average UK city house price growth slowed in May, but increased during the last three months, the results of a survey showed.
Ncondezi Energy raises $0.6m from existing lenders and management
Ncondezi Energy announced on Friday that it raised an additional $582,000 from existing lenders and senior management, to be used to fund its new partner search and to provide working capital for the group.
Sydney to erect barricades to prevent a likely vehicle attack
Sydney police said on Friday they will deploy concrete barricades in the city to prevent the risk of a vehicle attack by extremists.
Week ahead: Heavy flow of data expected in all geographies
A steady flow of economic data in almost all the main geographical regions will keep investors on their toes over the coming week.
Broker tips: Centrica, Royal Dutch Shell, Domino's Pizza
JP Morgan Cazenove lifted Centrica to 'neutral' from 'underweight' and upped the price target to 205p from 180p, noting that the worst case scenario was now off the table after the Queen's Speech left out any mention of an energy price cap.
Red Rock Resources agrees to fund Steelmin
Natural resource development company Red Rock Resources announced on Friday that it entered into financing agreements under which it would fund Steelmin to complete the refurbishment and recommissioning of a ferrosilicon smelter in Jajce, Bosnia, and acquire an interest in Steelmin.
May's offer on EU expats after Brexit labelled 'pathetic'
A group campaigning for the residency rights of EU citizens living in Britain after Brexit called Theresa May's offer to the bloc on the issue "pathetic".
Saudis tell Qatar to shut down al-Jazeera as part of deal to end blockade
Saudi Arabia and other Gulf states on Friday demanded the closure of broadcaster al-Jazeera, among other conditions, in return for the lifting of its trade and diplomatic sanctions.
Europe midday: Stocks at session lows after PMI data
Stocks were near their worst levels of the session, following a weaker-than-expected reading on the state of the euro area manufacturing and services sectors, although analysts were sanguine.
Weakened May throws EU citizens rights on table in opening Brexit gambit
UK Prime Minister Theresa May used the three million EU citizens living in Britain as her opening gambit in Brexit negotiations, offering them a “settled status” if they had been in the country for five years.
London midday: Stocks push lower as pound gains ground; oil in focus
London stocks had extended losses by midday on Friday - the first anniversary of the Brexit vote - as the pound ticked higher after Theresa May's meeting with EU leaders in Brussels.
Fridge fire started Grenfell blaze as police confirm cladding failed safety tests
The Grenfell Tower blaze which has left at least 79 people dead was the result of a fridge fire, Metropolitan Police confirmed on Friday.
European Wealth Group posts sharp increase in FuM, to raise cash
European Wealth Group reported a large increase in funds under management last year thanks to organic growth, even as it announced a capital raise.
US pre-open: Stocks seen a little weaker ahead of data, Fedspeak
US futures pointed to a slightly weaker open on Friday as investors eyed a slew of data including new home sales, manufacturing figures and the Baker Hughes oil rig count.
French GDP edges past forecasts in first quarter of 2017
A sharp pick-up in gross capital formation helped to offset a slowdown in household spending in France at the start of the year.