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Ascent receives first revenue payment from Slovenia partner
Onshore energy and natural resources company Ascent announced receipt of the first cash payment from its Slovenian partner on Friday, following the recently-announced agreement on revenue recognition.
Eco Atlantic says rig on its way to Orange Basin well
Oil and gas exploration company Eco Atlantic confirmed on Friday that the ‘Island Innovator’ rig, owned by Island Drilling Company, had been released and mobilised.
Pearson to sell SA courseware publishing business for £53m
Educational publisher Pearson said on Friday that it has agreed to sell 75% of its South African courseware publishing business to Novus Holdings for £53m.
President Energy pleased with first-half results from Argentina
President Energy reported first-half results from its operations in Argentina on Friday, reporting turnover of more than $18m for the six-month period.
ADM Energy confirms 17th lifting from Aje Field
Natural resources investor ADM Energy announced the completion of the 17th lifting at the Aje Field on Friday, which is part of the OML 113 licence, offshore Nigeria.
US pre-open: Futures trade higher, major indices on track for winning week
Wall Street futures were in the green ahead of the bell on Friday, with major indices on track to close out the week higher.
Europe midday: Shares flat as EZ industrial data fails to spur investors
European shares were flat at midday on Friday as strong eurozone industrial production survey data was tempered by forecasts of a weaker second half of the year.
London midday: Stocks gain as UK GDP in focus
London stocks were still a little firmer by midday on Friday after data showed the UK economy contracted a touch less than expected in the second quarter.
Eurozone industrial output rises more than expected in June
Industrial production in Europe’s common currency rose more than expected in June, according to fresh data on Friday morning, although analysts were warning of a serious softening in the second half of the year.
Asia report: Stocks mixed, SoftBank jumps on Alibaba news
Stocks were mixed at the end of trading in Asia on Friday, with Japan’s benchmark index being lifted on its return from a holiday by one of its biggest technology plays.
Flutter H1 pre-tax losses widen, positive on US growth
Bookmaker Flutter said it was upbeat on prospects for its FanDuel division on Friday, despite interim pre-tax losses widening, as the group continued to pour money into its US arm.
How far will Bitcoin´s price rally go? These are the levels to watch
Bitcoin´s rally continued its course on Wednesday and Thursday, in the heat of the US inflation data, as it showed how price pressure in the world's first economy eased, sending a wave of risk appetite to all global markets. In cryptocurrencies, buying continued to pump up the major tokens by market capitalization, with BTC hitting a two-month high at $24,822, according to CoinMarketCap, but the leading digital currency failed to hold $24,000 in closing prices on Thursday.
Berenberg lowers target price on the Gym Group
Analysts at Berenberg slashed their target price on fitness centre operator the Gym Group from 290. 0p to 180. 0p on Friday and said it was "staying on the sidelines" as far as the stock was concerned.
Jadestone shuts in Montara in bid to complete repairs
Asia-Pacific focussed oil and gas producer Jadestone Energy updated the market on its operations on Friday, with operations at Montara now being shut in following the “small leak of oil” reported from a crude oil tank on the Montara Venture FPSO vessel in June.
IQGeo acquires Belgian software outfit COMSOF
Software provider IQGeo has acquired Belgian geospatial software company COMSOF in a deal valued at up to €13. 0m.
Europe open: Shares edge ahead as investors punt on Flutter
European shares were slightly higher at the open on Friday as gambling firm Flutter provided a boost, despite reporting lower first-half earnings.
London open: Stocks tick higher as investors mull GDP data
London stocks edged higher in early trade on Friday as investors mulled the latest UK GDP data.
TBC Bank Q2 profits fall, announces share buyback programme
Georgian bank TBC Bank posted lower second-quarter pre-tax profits on Friday on the back of increased operating expenses but chose to reiterate both medium-term and full-year targets.
Institutional shareholder sells £90m worth of Qinetiq shares in placing
An undisclosed institutional shareholder has sold around £90m worth of Qinetiq shares in a placing.
GSK to 'vigorously defend' Zantac claims; Haleon says not a party to claims
GlaxoSmithKline said on Friday that it would "vigorously defend" all claims related to its discontinued heartburn drug Zantac.