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Latest News
06 Oct
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Serabi Gold takes wraps off expanded resource at Palito

Brazil-focussed miner and developer Serabi Gold unveiled an updated mineral resource estimate for its Palito Complex on Friday, spotlighting a substantial 50% growth in measured and indicated resources since December 2021.

06 Oct
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Exxon Mobil in talks to buy Pioneer Natural Resources - report

US petroleum giant Exxon Mobil was said to be in advanced discussions to snap up Permian shale basin producer Pioneer Natural Resources in a deal valued at roughly $60. 0bn.

06 Oct
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Vast Resources raises £1.82m to fund working capital

Mining firm Vast Resources announced it had successfully raised £1. 82m on Friday to fund its working capital and to meet its obligations in Romania.

06 Oct
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Acuity RM chair Simon Bennett steps down

Acuity RM Group announced the immediate resignation of Simon Bennett from his dual roles as non-executive director and chairman on Friday.

06 Oct
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Europe midday: Stocks moving higher ahead of US jobs report

European stock markets were all putting in decent gains on Friday on a quiet day on the continent, as investors braced themselves for the US jobs report.

06 Oct
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SRT Marine warns of interim loss

Maritime surveillance systems provider SRT Marine warned on Friday that it was set to report an interim loss due to revenues being "heavily" weighted to the second half.

06 Oct
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London midday: FTSE maintains gains ahead of payrolls; Aviva surges

London stocks were still in the black by midday on Friday as investors eyed the latest non-farm payrolls report for clues on the outlook for US interest rates, with Aviva surging ahead on bid speculation.

06 Oct
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Citi downgrades UK stocks to 'underweight'

Citi has downgraded its average rating for UK stocks to 'underweight', saying the region's heavy exposure to oil could lead to a raft of earnings downgrades in the near future.

06 Oct
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Asia report: Markets mixed ahead of US payrolls report

Asia-Pacific stock markets ended with mixed results on Friday, as investors across the region cautiously awaited pivotal US jobs data.

06 Oct
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US pre-open: Futures edge higher, but gains limited ahead of payrolls data

Wall Street indices were trading with small gains in pre-market dealings with investors mostly choosing to keep their powder dry ahead of the all-important non-farm payrolls data due out at 0830 ET.

06 Oct
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Quartix warns on profits as revenues fall short of expectations

System software company Quartix Technologies warned on Friday that revenue and underlying earnings would fall short of current market expectations, leading it to lower guidance for both 2023 and 2024.

06 Oct
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Berenberg hikes target price on Synthomer

Analysts at Berenberg upped their target price on chemicals firm Synthomer from 115. 0p to 400. 0p on Friday, stating the group's balance sheet had now been "repaired".

06 Oct
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Shell expecting stable third quarter for marketing

Shell updated the market on its third-quarter outlook on Friday, anticipating a stable period for its marketing division, although it did forecast a corporate adjusted earnings loss.

06 Oct
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Frasers ups Boohoo stake again with £11.5m investment

Mike Ashley's "strategic investment" in Boohoo has continued, with Frasers Group once again lifting its stake in the fast-fashion retailer on Friday.

06 Oct
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XP Power cancels Q2 dividend payment

Power converter solutions provider XP Power said on Friday that it has cancelled its second-quarter dividend payment following discussions with major shareholders.

06 Oct
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Metro Bank begins talks over £3bn mortgage book sale - report

Metro Bank has reportedly begun talks about the sale of a £3bn chunk of its mortgage book as part of an increasingly urgent attempt to shore up its balance sheet.

06 Oct
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Europe open: Investors upbeat ahead of US jobs data

European stock markets were putting in decent gains on Friday morning on a quiet day on the continent, as investors braced themselves for the US jobs report.

06 Oct
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GSK raises £885.6m from Haleon share sale

GSK said on Friday that it has sold 270m shares in Haleon - the consumer health business it spun off last year - raising around £885. 6m.

06 Oct
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Octopus Renewables sells two Polish wind farms

Investment trust Octopus Renewables has agreed to sell its Krzecin and Kuslin onshore wind farms in Poland to an affiliate of Orlen.

06 Oct
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Petra sees another price drop at latest tender sale

Petra Diamonds achieved lower prices from its second tender of diamonds this fiscal year, as it rushed to offload gems ahead of a two-month ban on diamond imports to India.