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Nexus Infrastructure FY trading impacted by 'challenging market conditions'
Civil engineering group Nexus Infrastructure said on Tuesday that it was currently navigating "challenging market conditions" and now sees its full-year performance coming in lower than previous expectations.
BiVictriX appoints Adrian Howd as its new finance chief
Biotechnology developer BiVictriX Therapeutics announced the appointment of Dr Adrian Howd as its chief financial officer (CFO) and chief business officer (CBO) on Tuesday.
Airea names Conleth Campbell as CFO
Flooring company Airea has tapped Conleth Campbell to take over as chief financial officer, with immediate effect.
Aurrigo to trial its autonomous aviation technology with IAG
Transport technology developer Aurrigo International announced a strategic partnership with British Airways owner International Airlines Group (IAG) on Tuesday.
Alien Metals inks heritage agreements over Hancock project
Minerals explorer and developer Alien Metals updated the market on its Hancock iron ore project on Tuesday, announcing the execution of heritage agreements (HPAs) with the Karlka Nyiyaparli Aboriginal Corporation.
Berenberg hikes Yellow Cake target by 20%
Berenberg has hiked its target price for Yellow Cake by nearly 20%, after the uranium developer raised $125m in a share placing last week.
Oxford BioDynamics secures US billing code for prostate test
Precision test developer Oxford BioDynamics has successfully secured a proprietary laboratory analysis (PLA) code from the American Medical Association's (AMA) Current Procedural Terminology (CPT) Editorial Board, it announced on Tuesday.
Tortilla Mexican Grill swings to loss before tax
Tortilla Mexican Grill, the UK’s largest Mexican dining chain, reported a 22% improvement in first-half revenue in its interim results on Tuesday, to £32. 7m.
RBA keeps rates at 11-year high of 4.1%, as expected
The Reserve Bank of Australia kept its key interest rate on hold on Tuesday for the fourth month in a row.
Gooch & Housego trades ahead of FY expectations
Photonics manufacturer Gooch & Housego said on Tuesday that trading was ahead of expectations in the year ended 30 September, while the integration of its two recent acquisitions was "progressing well".
Boohoo downgrades FY revenue guidance, shares slide
Boohoo said on Tuesday that it swung to a first-half loss as it cut its full-year revenue outlook, sending shares in the fast fashion retailer tumbling.
Asia report: Markets fall across region as RBA keeps rates on hold
Markets in the Asia-Pacific region saw a notable downturn on Tuesday, with Hong Kong stocks spearheading the declines upon return from the National Day holiday.
Shore Capital upbeat on Boohoo's prospects despite sales warning
Shore Capital has reiterated a 'buy' rating on Boohoo despite the fast-fashion retailer cutting its sales guidance for the year.
RWS establishes presence in Africa with STComms acquisition
Tech-enabled language services provider RWS Holdings has set up shop in Africa with the acquisition of Cape Town-based STComms Language Specialists.
RHI Magnesita buys P-D Refractories for €45m
RHI Magnesita said on Tuesday that it has bought P-D Refractories for around €45m.
Europe open: Miners, utilities drag markets lower
European stocks declined on Tuesday morning, following Asian markets lower overnight, with mining and utility stocks providing a drag.
Petrofac secures EPC contract with ADNOC Gas
Energy services company Petrofac has been awarded an engineering, procurement, and construction contract by ADNOC Gas for its Habshan carbon capture, utilisation, and storage project.
Investment drives year of strong growth for DX Group
Freight, courier and logistics specialist DX Group reported a strong year of financial growth in its final results on Tuesday, with revenue rising 10% to £471. 2m.
Shop price inflation slows to 12-month low as food prices fall
A monthly measure for shop-price inflation fell to its lowest level in a year in September, with food prices falling for the first time in over two years.
London open: Stocks steady after heavy losses; food prices fall
London stocks were steady in early trade on Tuesday following heavy losses in the previous session, as investors mulled the latest UK shop price data.