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Hyundai Motor lays out ambitious goals for sales, shareholder returns
Hyundai Motor announced ambitious plans to increase its annual global sales by 30% to 5. 55 million vehicles by 2030 on Wednesday, with a significant focus on expanding its hybrid vehicle lineup.
Aquis Exchange confident despite loss of historic contract
Aquis Exchange updated the market on its recent trading on Wednesday, highlighting modest revenue growth, a strong cash position, and strategic investments aimed at expanding its technology division, although it warned of a £1m hit from the loss of a historic contract.
Ariana reports promising new drilling results from Salinbas
Mineral explorer and developer Ariana Resources released new drilling and geophysical survey results from the Hizarliyayla area within its Salinbas Project in Turkey on Wednesday.
Polarean appoints Xenon MRI specialist as chief medical advisor
Advanced MRI technology specialist Polarean Imaging announced the appointment of Dr Chase Hall as its chief medical advisor on Wednesday.
PCI-PAL no longer expects to report FY adjusted pre-tax profit
Payment solutions firm PCI-PAL said on Wednesday that it no longer expects to report an adjusted pre-tax profit for FY24 due to the timing of revenue recognition related to a specific customer.
Bezant gets environmental clearance for Hope & Gorob extension
Bezant Resources announced the successful issue of an environmental clearance certificate (ECC) for licence EPL7170 on Wednesday, which is part of the Hope & Gorob Copper-Gold Project in Namibia.
Sunda Energy applies for two offshore Philippines licences
Sunda Energy announced on Wednesday that it has submitted applications for two offshore licence areas in the Philippines, as part of its strategic focus on expanding gas exploration in South East Asia.
Citi upgrades Direct Line to ‘buy’
Citi upgraded Direct Line Insurance on Wednesday to ’buy’ from ‘neutral’ and lifted the price target to 223p from 208p.
UK's FCA to probe pure protection insurance market
Britain’s financial watchdog has started a probe into so-called “pure protection” insurance policies over concerns that companies may be ripping off vulnerable customers.
Asia report: Markets mixed as Australian inflation tops forecasts
Asia-Pacific markets ended the day with mixed results as investors evaluated economic data and corporate performances across the region.
EnQuest expands role in GKA decomissioning
EnQuest announced an expanded role in the decommissioning of the Greater Kittiwake Area (GKA) fields in the North Sea on Wednesday.
Lego's H1 profits grow as toymaker invests more in greener materials
Toymaker Lego announced an impressive set of first-half results on Wednesday, with both top and bottom lines expanding by double digits, as it continued to outpace industry growth and increase its market share.
Focusrite warns on EBITDA as shipping and freight costs weigh
Audio products group Focusrite warned on Wednesday that full-year underlying earnings looked set to slump as global shipping and freight costs weighed on its bottom line.
Seeing Machines full-year revenue rises, losses widen
Driver monitoring technology company Seeing Machines reported a robust performance for the 2024 financial year in an update on Wednesday, with significant growth in revenue, expansion of its automotive programs, and strategic partnerships.
Cyanconnode secures major new contract
Radiofrequency networks business Cyanconnode said on Wednesday that it had scored a major new contract from a global partner for 6. 5m Omnimesh modules to be used in various smart metering projects in India.
Citi downgrades Kingfisher to ‘neutral’
Citi downgraded Kingfisher to ‘neutral’ from ‘buy’ on Wednesday as it cited limited scope for near-term upgrades.
Firering reports progress at Limeco plant in Zambia
Firering Strategic Minerals updated the market on its ongoing refurbishment project at the Limeco quicklime plant in Zambia on Wednesday, reporting progress with the aim of starting phased production by the fourth quarter.
Naked Wines FY losses widen, makes 'significant strides'
Online wine retailer Naked Wines said it was "in much better shape" than it was twelve months ago despite posting widened full-year losses on Wednesday.
Gem Diamonds finds 130-carat stone in Lesotho
Shares in Gem Diamonds were given a boost on Wednesday after the Southern Africa-focused diamond miner announced the recovery of another giant gemstone from its Letšeng mine.
UK house prices rise 1.4pc in July
UK house prices bounced back in July following a drop in June, according to property website operator Zoopla, aided by a continued jump in demand and increased home stock.