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Trident Royalties reports progress at Thacker Pass
Trident Royalties reported progress on the Thacker Pass lithium project in Nevada on Friday, made by the project’s operator, Lithium Americas Corporation (LAC).
Vela Technologies portfolio expands in June quarter
Early-stage technology investor Vela said in an update on Friday that its portfolio comprised a total of 13 active investments at the end of the June quarter, up from 12 at the end of March.
Berlin agrees bail out for Uniper, will take 30 per cent stake
Officials in Berlin agreed a bail out for Uniper that will see the German state take out a 30% stake troubled energy outfit.
Europe midday: Shares up as Delivery Hero provides a boost
European shares made gains by midday on Friday as investors digested the previous day's larger-than-expected interest rate rise by the European Central Bank.
Manx Financial extends loan terms with Burnbrae, director
Manx Financial Group announced on Friday that Jim Mellon and Burnbrae have agreed to extend outstanding unsecured convertible loans of £1. 7m, due to expire on 31 July, for a further five years to 31 July 2027.
US pre-open: Futures mixed ahead of final session of earnings heavy week
Wall Street futures were pointing to a mixed start to trading ahead of the bell on Friday as a busy week for corporate earnings gets set to draw to a close.
London midday: Stocks maintain gains amid data slew; Beazley surges
London stocks were still in the black by midday on Friday as investors mulled the latest retail sales, consumer confidence and business activity data.
FRP Advisory reports solid growth in revenue, earnings
Specialist business advisory firm FRP Advisory Group reported a 21% improvement in revenue in its full-year results on Friday, to £95. 2m, with 11% organic growth and 10% inorganic.
Yellow Cake reports surge in full-year profits
Uranium investor and long-term holder Yellow Cake reported a profit after tax of $417. 3m for the year ended 31 March in its annual results on Friday, rocketing from $29. 9m year-on-year.
Eurozone business activity falls unexpectedly in July
Business activity unexpectedly contracted in the eurozone in July as surging costs saw consumers retrench their spending, a survey released on Friday revealed.
Six high street banks broke CMA information rules
Six high street banks were found to have broken rules imposed by the Competition and Markets Authority under the Retail Banking Market Investigation Order 2017, it was revealed on Friday.
Asia report: Stocks mixed as Japan inflation meets forecasts
Markets in Asia closed in a mixed state on Friday, as the latest inflation data from Japan came in as expected by analysts.
Bitcoin rises 22% in July and it's about to finish its best month since October, but the Fed is just around the corner
Bitcoin´s price action is giving up some strength after breaking out of its month-long consolidation period. All in all, the digital asset remains above $23,000 resistance, keeping hopes for the market rally to $25,000. For now, the queen of cryptos is still up 22% this month and remains on track to post its best monthly performance since October of last year. The big question is whether the US Federal Reserve (Fed) rate decision will spoil its ascent.
Mirriad Advertising warns on FY revenues, looks to wind down Chinese operations
In-content advertising company Mirriad warned on Friday that full-year revenues were now expected to be flat year-on-year at approximately £2. 0m, primarily due to "significantly weaker than expected" market conditions in China.
CMA clears BT's sports joint venture with Warner Bros
BT’s proposed broadcasting joint venture with Warner Bros. Discovery was cleared by the Competition and Markets Authority on Friday.
UK manufacturing output drops for first time since May 2020
UK manufacturing output fell in July for the first time since May 2020, according to a survey released on Friday.
Titon Holdings warns on FY trading amid margin pressures
Ventilation systems manufacturer Titon Holdings warned on Friday that its full-year trading performance would be weaker than previously expected as a result of both margin pressures and production and despatch issues.
Stanley Gibbons names Tom Pickford as CEO
Collectables retailer the Stanley Gibbons Group revealed on Friday the chief executive Graham Shircore will step down from the role on 12 September in order to return to work at Phoenix Asset Management Partners, the group's majority shareholder.
RBC Capital downgrades Fever-Tree, slashes price target
RBC Capital Markets downgraded tonic maker Fever-Tree on Friday to ‘underperform’ from ‘sector perform’ and slashed the price target to 700p from 1,600p.
Europe open: Shares mixed after ECB rate hike
European shares were mixed at the open on Friday after a larger-than-expected interest rate rise by the European Central Bank.