Latest News
BoE's Cunliffe calls attention to quick growth in leveraged corporate loans
The top Bank of England official charged with avoiding that any future financial crisis will morph into a repeat of the economic rout of 2008 called attention to the recent strong growth in high risk loans to companies.
Tobacco stocks rise after FDA boss Gottlieb quits
Shares in tobacco companies rose on Wednesday after America's chief drug and tobacco regulator unexpectedly resigned overnight.
Global Invacom subsidiary ships first 'FiberGo' terminal product
Satellite communications equipment provider Global Invacom announced on Wednesday that its subsidiary, Global Skyware, has made the first shipment of ‘FiberGo’, which it described as its fully integrated fibre ‘very small aperture terminal’ (VSAT).
Salt Lake Potash gets go-ahead to start construction at Lake Way
Salt Lake Potash announced on Wednesday that all permits had been received from the Department of Water and Environmental Regulation (DWER) in Western Australia, for the Lake Way Ponds at Lake Way, with construction having now commenced.
Jadestone Energy expecting decent production numbers in 2019
Asia Pacific-focussed oil and gas production company Jadestone Energy issued its guidance for 2019 on Wednesday, reporting that average crude oil production was expected to be between 13,500 and 15,500 barrels per day.
Redhall Group expecting strong second half
Manufacturing and services company Redhall Group told shareholders on Wednesday that its market conditions remained “encouraging”, and that it had a “strong” pipeline of opportunities, as investors gathered for the annual general meeting in London.
Oriole Resources pleased with latest results from Cameroon
Africa and Europe-focussed exploration company Oriole Resources updated the market on its activities in Cameroon on Wednesday, where it is earning up to a 90% interest in the Bibemi and Wapouzé gold projects.
Europe midday: Stocks little changed, even as OECD slashes forecasts
Stockmarkets on the Continent are little changed as investors monitor the news-flow coming out of the National Peoples's Congress in China, amid a lack of fresh catalysts that might spur renewed buying.
Frontier Development signs major IP licence deal
Video games developer and publisher Frontier Developments has signed a major global intellectual property licence to develop and publish a future game, it announced on Wednesday.
Headlam LFL sales drop amid soft UK market
Floor coverings distributor Headlam reported a rise in full-year revenue and profit but a drop in like-for-like sales amid a soft UK market.
Abercrombie & Fitch cheers market with upbeat end to the year
Shares in Abercrombie & Fitch took off on Wednesday as the US clothing retailer posted a stronger-than-expected end to the year.
Phoenix Global Resources reports 'strong' operational progress
Upstream oil and gas company Phoenix Global Resources updated the market on its operations for the fourth quarter of 2018 on Wednesday, and outlined its plans for drilling and other operational activity for the next six months.
Omega Diagnostics makes solid progress with 'VISITECT' products
Omega Diagnostics has received its first purchase orders for its ‘VISITECT CD4 350’ cut-off test, it announced on Wednesday, adding that it was continuing to make progress with its ‘VISITECT CD4 Advanced Disease’ test.
US trade deficit widens sharply in December
America's total trade deficit jumped at the end of 2018, as the shortfall in its trade on goods yawned wider.
Asia report: Markets mixed as China announces stimulus measures
Markets were mixed in Asia on Wednesday, with Chinese bourses bouncing higher as investors reacted to a series of stimulus measures revealed by Beijing on Tuesday.
Breedon boosts profit despite 'difficult' trading conditions
Profits and revenue at construction materials group Breedon rose in 2018 despite "difficult" trading conditions.
Former Nissan boss Carlos Ghosn released from jail; bail set at 1bn yen
Carlos Ghosn, the former chairman of car giant Nissan, has been released on bail after nearly four months in jail in Japan.
Autins swings to loss as costs erase revenue growth
Autins' shares dropped on Wednesday after the company swung to an annual loss after Brexit uncertainty hampered sales which in turn failed to support the company's investments in people and overheads.
Italy to sign up to China's 'Belt and Road' initiative
Italy will announce its support for China's 'Belt and Road' initiative in what would be the policy's first endorsement from a G7 nation, according to a report on Wednesday from the Financial Times.
Barclays board shake-up sees three directors step down
Barclays has announced that three non-executive directors are stepping down from its board, including City veteran Mike Turner.