Latest News
Eckoh revenue falls even as total contract value expands
Customer engagement data security specialist Eckoh said in an update on Wednesday that it achieved a total contract value (TCV) of £24. 6m in its first half, marking a substantial 40% increase compared to the prior year’s first-half figure of £17. 6m.
Estee Lauder cuts outlook; cites China, Middle East risks
US cosmetics group Estee Lauder cut its full-year forecasts on Wednesday as it pointed to a slower-than-expected recovery in China.
United Oil terminates asset purchase deal with Quattro Energy
United Oil & Gas announced the termination of its asset purchase agreement with Quattro Energy on Wednesday.
OptiBiotix makes strong progress in e-commerce shift
OptiBiotix Health reported significant progress in its commercial endeavours in an update on Wednesday, as it looked to attain profitability at the business unit level, ultimately leading to overall profitability.
Toyota boosts forecasts after record quarter
Japan’s Toyota Motor Corp boosted its full-year forecasts on Wednesday, after a surge in quarterly profits.
US pre-open: Stocks to edge down ahead of Fed
US stock futures pointed to a weaker open on Wall Street on Wednesday as investors eyed a rate announcement from the Federal Reserve.
Prospex reports solid progress at Selva Field
Prospex Energy updated the market on developments in the third quarter at the Selva Field in Italy on Wednesday, centred around the Podere Maiar-1 (PM-1) gas facility operated by Po Valley Energy.
US private employers add 113,000 jobs in October - ADP survey
The US economy added fewer jobs than expected in the month of October, though figures indicate a "well-rounded jobs picture", according to the closely watched ADP Employment Report.
Various Eateries trades in line with FY expectations
Leisure group Various Eateries said on Wednesday that it had traded in line with full-year expectations as the firm built upon its experiences of "navigating challenging market conditions".
JPMorgan Cazenove downgrades BP to 'underweight'
JPMorgan Cazenove downgraded BP on Wednesday to ‘underweight’ from ‘neutral’ and cut the price target to 550p from 615p.
Tata Steel set to confirm major job cuts - report
Tata Steel is poised to announce thousands of job cuts at its Port Talbot plant in south Wales, it was reported on Wednesday.
London midday: Stocks nudge lower ahead of Fed announcement
London stocks had nudged into the red by midday on Wednesday as investors erred on the side of caution ahead of the latest policy announcement from the US Federal Reserve.
Europe midday: Stocks flat as risk appetite declines ahead of FOMC decision
European stocks were struggling for direction on Wednesday, with most major indices trading broadly flat as investors showed their nerves ahead of a Federal Reserve monetary policy decision later on.
Vianet reaps benefits of 'strong recurring revenues' in H1
Data management firm Vianet Group said on Wednesday that it had started to reap the benefits of its "strong recurring revenues" and "healthy gross margins" in the six months ended 30 September.
Bridgestone Americas takes 5% stake in Halfords software business
Halfords said on Wednesday that Bridgestone Americas will take a 5% stake in its Avayler business for $3m in cash.
UK factory output continues to slide - PMI
The UK construction sector continued to struggle in October, a closely-watched survey showed on Wednesday, with both output and new orders on the back foot.
Jubilee Metals upbeat on first-quarter progress
Jubilee Metals Group reported several operational milestones in its first-quarter update on Wednesday, with platinum group metals (PGM) production up, although chrome concentrate output slipped.
Goldman cuts Segro to 'sell' on leverage concerns
Shares in Segro were hit on Wednesday after Goldman Sachs downgraded its rating on the UK real estate investment trust from 'neutral' to 'sell', citing "balance sheet constraints".
Asia report: Japan leads gains on mixed day for region
Asia-Pacific markets finished with a mixed performance on Thursday, with Japan leading the gains as investors looked ahead to a policy decision from the US Federal Reserve.
Oxford Metrics acquires Oxfordshire-based software firm
Software firm Oxford Metrics has agreed to acquire machine vision software and technology business Industrial Vision Systems for £8. 1m.