Latest News
Asia report: Tech leads region lower, Baidu flops on debut
Most markets in Asia finished in negative territory on Tuesday, as technology plays declined across the region despite a solid session for the counterparts on Wall Street overnight.
Chariot to acquire African mining power developer AEMP
Chariot Oil & Gas has agreed to acquire the business of Africa Energy Management Platform (AEMP) for up to $2m (£1. 45m), it announced on Tuesday, payable primarily in Chariot shares representing up to 4% of its to-be-enlarged share capital.
AstraZeneca vaccine trial data questioned by US agency
A US health agency has questioned AstraZeneca’s efficacy data on its Covid-19 vaccine, with concerns raised that recently released results from clinical trials may include outdated information.
PowerHouse makes progress in the UK and Poland
Waste-to-hydrogen technology company PowerHouse Energy reported progress in the UK and in Poland on Tuesday, as it worked to construct sites in both countries.
Kingspan to buy Logstor in €253m deal
Irish building materials group Kingspan has agreed to buy Logstor for around DKK1. 82bn (€253m).
Quartix trades in line during first two months of 2021
Subscription-based vehicle tracking provider Quartix Holdings said on Tuesday that trading for the two-months ended 28 February was consistent with meeting market expectations for the full-year.
Trustpilot shares jump on debut as firm hits top of offering range
Shares in online review platform Trustpilot rose sharply on market debut Tuesday, beyond the initial offering pricing of 265p a share, as investors continued to show an appetite for tech shares.
Wynnstay trades in line YTD, confirms final dividend
Agricultural supplies group Wynnstay said on Tuesday that trading in the first four months of the year ending 31 October had been in line with management expectations.
Cineworld Regal chain to reopen on April 2, UK cinemas in May
Cineworld Group on Tuesday said its US Regal theatres chain will reopen from Covid lockdown in April for the first time in six months, with a UK restart slated for May as it announced a screening deal with Warner Bros.
Amryt upbeat on positive FDA feedback
Commercial-stage biopharmaceuticals company Amryt Pharma has received further feedback from the United States Food and Drug Administration (FDA) on Myalept, it said on Tuesday, and its proposed development plan and study design to support an indication for patients with partial lipodystrophy (PL).
Pebble Group safely navigates 'challenges of 2020'
Promotional technology provider Pebble Group said on Tuesday that the "challenges of 2020" had been "safely navigated" despite posting annual declines on both the top and bottom lines on an adjusted basis.
London open: Stocks fall amid Covid worries, China tensions
London stocks fell in early trade on Tuesday amid growing concerns about a third wave of Covid-19 in Europe and as tensions between China and the West weighed on sentiment.
Elementis FY revenues and adjusted pre-tax profits slump in 2020
Diversified chemicals group Elementis said on Tuesday that despite demand recovering in the second half of the year, revenues and adjusted pre-tax profits were both expected to have recorded double-digit declines in 2020.
UK unemployment rate unexpectedly ticks lower in January
The UK unemployment rate unexpectedly ticked lower in the three months to January, according to figures released on Tuesday by the Office for National Statistics.
Europe open: Shares lower as investors fret over new Covid wave
European shares opened lower on Tuesday as Germany confirmed an extended lockdown into Easter as it tried to combat the third wave of Covid-19 infections currently spreading across the Continent.
Proactis wins five-year contract with German transportation outfit
Spend management solutions group Proactis has signed a five-year contract to provide its business spend management solution to an unnamed German transportation company.
Jlen buys Nottinghamshire anaerobic digestion plant
Environmental infrastructure investor Jlen announced the acquisition of a 100% equity stake in Rainworth Energy (REL) for £5. 8m on Tuesday, subject to adjustment for working capital.
Crest Nicholson lifts FY profit expectations, shares rally
Crest Nicholson shares rallied on Tuesday after the housebuilder lifted its full-year profit expectations as it hailed a "resilient" UK housing market.
Airtel sells Madagascar, Malawi towers to Helios for $108m
Airtel Africa said it was selling its telecoms tower companies in Madagascar and Malawi to Helios Towers for $108m and was looking to offload assets in Gabon and Chad as it focused on its core subscriber business.
London pre-open: Stocks seen lower after jobs data
London stocks were set to fall at the open on Tuesday as investors mull the latest UK jobs data.