Latest News
Kibo agrees sale of Botswana coal power project share
Kibo Energy made a significant step in divesting its coal assets on Wednesday, striking a definitive share sale agreement for its coal interest in the Botswana power project with Shumba Energy.
Amaroq inks key contracts for Greenland projects
Greenland-focussed gold mine developer Amaroq Minerals announced a two-year contract mining agreement with Thyssen Schachtbau on Wednesday.
Vast Resources extends deadline for debt discussions
Mining company Vast Resources announced on Wednesday that a further extension had been agreed upon over its ongoing debt discussions with investment firm A&T Investments (Alpha) and global energy and commodity group Mercuria Energy Trading.
HS2 rail project to be scrapped - Sunak
The troubled HS2 rail project has been scrapped, Rishi Sunak confirmed on Wednesday, ending weeks of speculation about its future.
Wandisco files paperwork for Cirata rebrand
Technology developer Wandisco confirmed on Wednesday that it has now filed all paperwork related to its rebrand as Cirata.
Europe midday: Stocks steady as bond selling abates
Stocks across Europe were slightly higher on Wednesday amid a pause in recent selling in government bonds on either side of the Atlantic.
Private sector demand slides across Eurozone
The Eurozone economy continued to falter last month, data showed on Wednesday, as demand for goods and services fell sharply.
London midday: Stocks pop higher but borrowing costs surge amid selloff
London stocks had popped a touch higher by midday on Wednesday, but 30-year borrowing costs hit their highest level in 25 years amid a global selloff, as worries about higher-for-longer rates rattled investors.
Asia report: Losses recorded across region, RBNZ stands pat
In a shaky day for Asia-Pacific markets, widespread losses were recorded across the region on Wednesday.
Hitachi Rail selling signalling business to push through Thales merger
Hitachi Rail will offload part of its mainline signalling business in order to push through its proposed €1. 7bn purchase of Thales Ground Transportation.
US pre-open: Markets steady after huge sell-off as investors await jobs data
US stock markets were expected to tread water on Wednesday morning after a heavy sell-off the previous session, as investors await a barrage of economic data which could determine the near-term outlook for monetary policy.
Interim earnings set to fall at SSE
SSE said on Wednesday that it expected interim earnings to fall, after renewables output was hit by adverse weather.
Nicholas Lyons to return as Phoenix Group chair
Phoenix Group said on Wednesday that Nicholas Lyons will be returning to the company and will be appointed chair of the board of directors with effect from 1 December.
Eurozone retail sales sink 1.2% in August
Retail sales in the Eurozone sank more than expected in August, according to Eurostat, as fuel sales dropped sharply.
UK services sector suffers worst performance in eight months
The UK’s services sector suffered its worst performance in eight months in September amid subdued demand and cutbacks to non-essential spending, according to a survey released on Wednesday.
More upgrades possible at Tesco after H1 beat, says Shore Capital
Shore Capital has reiterated its 'buy' rating for Tesco after the retail giant's forecast-beating first half, saying that more upgrades could be possible if the company sustains its strong momentum.
Renewi maintains expectations amid mixed first half
Waste-to-product specialist Renewi unveiled a series of commercial, operational and financial initiatives on Wednesday, while maintaining its full-year expectations amid a mixed first half.
Smiths News delivers 'good' trading performance in H2
Newspaper and magazine wholesaler Smiths News delivered a "good trading performance" in the second half.
Superdry strikes joint venture deal with India's Reliance, shares soar
Superdry said on Wednesday that it has struck a £40m partnership deal with India’s Reliance Brands, sending shares in the struggling fashion retailer sharply higher.
JPMorgan upgrades Severn Trent to ‘neutral’
JPMorgan Cazenove upgraded its stance on Severn Trent on Wednesday as it took a look at the UK water sector.