Latest News
Nanosynth raises £2.94m through sharing agreement with Lanstead
Nanoparticles synthesis technology company Nanosynth announced it was raising £2. 94m on Friday, to fund its working capital requirements.
Deutsche Bank downgrades Europe stocks to 'neutral', point to slowing growth in China and Europe
Equity strategists at Deutsche Bank downgraded their view on European equities to 'neutral' after the Euro Stoxx 50 moved slightly above their year-end 2022 target of 3,640.
Galantas net losses narrow as development continues
Galantas Gold reported nil second-quarter sales revenue on Friday, the same as it recorded in the sem period last year, with shipments of concentrate having started in the third quarter of 2019.
Echo Energy makes progress at Santa Cruz Sur
Latin America-focussed energy company Echo Energy updated the market on progress in the production and infrastructure enhancement plan at the Santa Cruz Sur assets on Friday.
Europe midday: Jitters over Powell speech push shares into red
European markets slipped into the red at lunchtime on Friday as investors awaited US Federal Reserve Chairman Jerome Powell’s speech at the Jackson Hole economic symposium.
Holders confident despite swinging to first-half operating loss
Lighting and wireless control technology company Holders reported first-half revenue of £3. 45m on Friday, down from £5. 79m year-on-year.
Logistics Development Group swings to small first-half loss
Logistics Development Group reported a first-half underlying loss before tax of £0. 8m on Friday, swinging from a profit of £21. 5m year-on-year.
Union Jack reaches 'landmark' $9m net revenue from Wressle
Union Jack Oil announced on Friday that “material landmark” net revenues of $9m have been achieved from the Wressle development, on licences PEDL180 and PEDL182 in North Lincolnshire, on the western margin of the Humber Basin.
Asia report: Stocks mixed as Tokyo inflation comes in slightly hot
Stock markets were in a mixed state as they closed in Asia on Friday, as investors closed out their positions ahead of US Fed chair Jerome Powell’s speech at the Jackson Hole symposium later in the global day.
Retail sales growth slows to lowest level this year
Retail sales growth slowed to their lowest rate this year last week, according to fresh data on Friday, although it was still ahead on a year-on-year basis.
Berenberg cuts 888 price target, reiterates ‘buy’ rating
Berenberg cut its price target on 888 Holdings on Friday to 320p from 370p as it reduced estimates following weaker-than-expected revenue guidance, but reiterated its ‘buy’ rating on the shares.
JPM downgrades IHG to ‘neutral’, reiterates ‘overweight’ on Whitbread
JPMorgan Cazenove downgraded InterContinental Hotels Group on Friday but reiterated its ‘overweight’ rating on Premier Inn owner Whitbread as it took a look at EU hotels.
Bonhill sells Business Solutions & Governance division for £723k
AIM-listed B2B media business Bonhill said on Friday that it has sold its Business Solutions & Governance (BSG) division to Stubben Edge Group for £723,000 in cash.
Europe open: Shares up ahead of Powell speech; UK energy bills to soar
European markets edged ahead at the open on Friday as investors awaited US Federal Reserve Chairman Jerome Powell’s speech at the Jackson Hole economic symposium.
London open: FTSE gains ahead of Powell speech; energy price cap jumps 80%
London stocks rose in early trade on Friday following a positive session on Wall Street, as investors eyed a speech by US Federal Reserve chair Jerome Powell at the Jackson Hole symposium.
German consumer sentiment hits new low amid energy bill woes
German consumer sentiment is expected to fall to a record low again in September amid worries about rising energy bills, according to a survey released on Friday.
More misery for UK homes as energy price cap soars 80% to £3,549 a year
More misery was placed on hard-pressed British households on Friday when the energy regulator raised the maximum that suppliers can charge to £3,549 a year.
JTC to buy US private client service business NYPTC
JTC said on Friday that it has agreed to buy New York Private Trust Company (NYPTC), a non-deposit trust company headquartered in Delaware in the US, for an undisclosed sum.
Canada's OpenText to buy Micro Focus in £5.1bn deal; JTC to buy NYPTC
London pre-open The FTSE 100 was called to open 23 points higher at 7,502.
London pre-open: Stocks seen up ahead of Powell speech
London stocks were set to rise at the open on Friday following a positive US session, as investors eyed a speech by US Federal Reserve chair Jerome Powell at the Jackson Hole symposium.