Latest News
Nostra Terra reaches early payback on Fouke 2 well
Texas-focussed oil and gas explorer and producer Nostra Terra announced on Monday that the Fouke #2 well, in which it has a 32. 5% working interest, had reached payback less than three months from production start-up.
Vast Resources to begin molybdenum concentrate production
Production and development company Vast Resources announced on Monday that it will start molybdenum concentrate production in August at its Baita Plai Polymetallic Mine in Romania.
Eurozone factory activity slows in July as inventories build - PMI
Eurozone manufacturing activity contracted in July as weak demand saw inventories building, a survey revealed on Monday.
i3 Energy farms out 25pc block interest to Europa Oil
UK and Canada-focussed oil and gas company i3 Energy announced the completion of the farmout of a 25% working interest in block 13/23c North on licence P2358 on Monday, which contains the Serenity discovery, to Europa Oil and Gas.
GlobalData records 'strong' first half result
GlobalData reported a “strong” first half revenue performance on Monday, up 23% to £111. 9m, with underlying revenue growth accelerating to 10%.
Asia report: Stocks rise as China manufacturing growth falls short
Stock markets closed higher in Asia on Monday, after fresh data out of China showed the country’s factory activity expanding less than expected in July.
US pre-open: Futures trade lower following Chinese data
Wall Street futures had stocks opening modestly lower on Monday as Chinese data and comments from the Fed's Neel Kashkari were in focus ahead of the bell.
Europe midday: Shares hold gains despite weak eurozone, China PMIs
European stocks were higher at midday on Monday, as investors digested weak manufacturing data for the eurozone and China.
Europe open: Stocks edge ahead in quiet trade
European stocks edged ahead at the open on Monday, as investors looked on for direction after weak China manufacturing data.
Canaccord Genuity initiates coverage on Capital Limited
Analysts at Canaccord Genuity initiated coverage on Africa-focussed full-scope mining services company Capital Limited on Monday with a 'buy' rating and a 140. 0p target price.
Spectris 'pleased' with first half progress
Precision measurement technology company Spectris reported 6. 1% growth in first-half sales from continuing operations on Monday, to £570. 2m, with adjusted profits growing while reported earnings tumbled.
Revenue up, operating losses widen at Ascential
Information, analytics and e-commerce services company Ascential reported first-half results in line with market expectations on Monday, with revenue rising to £260. 7m from £154. 3m, although its reported losses widened.
RHI Magnesita maintains expectations as prices rise
RHI Magnesita reported a 33% improvement in first-half revenue on Monday, to €1. 59bn (£1. 33bn), and by 25% in constant currency terms.
UK factory activity slips in July, but cost inflation past peak
Factory activity in the UK grew at its slowest pace of the past 25 months in July, as output shrank for the first time in more than two years and new work intakes and new export business fell further alongside.
XP Power swings to loss as lower volumes hit revenue growth
XP Power swung to a half-year loss as lower production volumes and inflation hit revenue growth.
Recovery in Chinese manufacturing slows unexpectedly in July
Activity in China's factory sector continued to improve last month after Covid-19 containment measures were eased, but much more slowly than anticipated, the results of a key survey revealed.
Berenberg raises target price on NatWest
Analysts at Berenberg raised their target price on lender NatWest from 300. 0p to 350. 0p on Monday, stating the group's second-quarter results had provided "a valuable glance" at its "attractive" return prospects.
London open: Pearson and HSBC pace gains on FTSE 100
London shares were modestly higher in early trading with the buying seen across July having carried over into the start of the month.
JLEN acquires Norwegian aquaculture project and Scottish energy storage project
Environmental infrastructure fund JLEN announced two new acquisitions on Monday - one of a controlled environment aquaculture project in Norway and one of an energy storage project in Scotland.
HICL Infrastructure on track to deliver targeted dividends
Infrastructure assets investor HICL Infrastructure said on Monday that it remains on track to deliver its target dividend of 8. 25p per share for the year ending 31 March 2023.