Latest News
Rio Tinto to invest $2.5bn to expand Argentina’s Rincon project
Rio Tinto said on Thursday that it will invest $2. 5bn to expand the Rincon project in Argentina, its first commercial scale lithium operation.
Inspiration Healthcare names Harout Rafi as CEO
Medical technology firm Inspiration Healthcare said on Thursday that it had nominated Harout Rafi to take over as the group's next chief executive officer.
Firering commissions first of eight kilns at Limeco project
Firering Strategic Minerals announced the successful commissioning of the first of eight kilns at its Limeco quicklime project in Zambia on Thursday.
US pre-open: Futures lower following CPI reading
Wall Street futures were in the red ahead of the bell on Thursday as traders looked ahead to additional inflation data.
TT Electronics shares drop as Volex abandons takeover pursuit
Shares in TT Electronics dropped on Thursday after Volex backed out of a takeover pursuit of the electronic components group, after a month of speculation that it may make an offer.
Switzerland cuts interest rates more than expected
Switzerland's central bank has slashed its benchmark interest rate by more than expected amid a strengthening franc and tepid economic growth with inflation running lower than expected.
London midday: Stocks stay up ahead of ECB; Diageo boosted by upgrade
London stocks were still a little firmer by midday on Thursday as investors eyed the latest policy announcement from the European Central Bank, with Diageo pacing the gains after a rating upgrade.
Europe midday: Stoxx slides into red ahead of ECB as Swiss slice rates
European shares slid into the red as traders assessed a bigger-than-expected cut in interest rates by the Swiss National Bank and awaited a decision from the European Central Bank.
Hutchmed lung cancer therapy gets breakthrough designation in China
Hutchmed China announced on Thursday that the Center for Drug Evaluation of China’s National Medical Products Administration (NMPA) has granted breakthrough therapy designation (BTD) to the combination of ‘Orpathys’, or savolitinib, and ‘Tagrisso’, or osimertinib.
Global oil supply to 'comfortably' meet demand in 2025 - IEA
Global oil supply is likely to "comfortably" meet demand next year, a leading energy body predicted on Thursday, even after Opec voted to delay planned output increases.
RWS Holdings returns to growth in second half
Technology-enabled language, content, and intellectual property service provider RWS Holdings said in its final results on Thursday that it returned to growth in the second half, driven by strong performance in AI-led solutions and ongoing strategic investments.
Boohoo boardroom saga continues as second proxy adviser rebukes Frasers' plans
Independent proxy voting adviser Glass Lewis has recommended Boohoo shareholders vote against Frasers Group's proposals to strong-arm Mike Ashley on to the board of the fast-fashion retailer.
SigmaRoc to promote deputy to CFO role on 1 January
European lime and minerals group SigmaRoc confirmed the appointment of Jan van Beek as its new chief financial officer on Thursday, effective from 1 January.
Pan African Resources upbeat as it finalises TCMG acquisition
Pan African Resources announced on Thursday that it has finalised the acquisition of Tennant Consolidated Mining Group (TCMG), integrating the operation as a wholly-owned subsidiary.
Seeen inks new partnership with US Club Lacrosse
Media and technology platform operator Seeen has inked a new partnership with US Club Lacrosse for its new On-Demand Video Platform to drive increased revenues.
Amaroq Minerals discovers high-grade gold at Eagle's Nest
Greenland-focussed mining developer Amaroq Minerals announced the discovery of high-grade gold at its Eagle's Nest exploration project on Thursday.
Serica Energy to acquire E&P assets from Parkmead Group
Independent oil and gas firm Serica Energy has agreed to acquire exploration and production assets from Parkmead Group for an initial consideration of £5. 0m.
Expanded NewRiver reports stable half-year performance
NewRiver REIT reported a solid financial position and stable operational performance for the six months ended 30 September on Thursday, following the recent acquisitions of Capital & Regional and Ellandi.
Velocity Composites delivers first post-pandemic positive adjusted EBITDA performance
Composite material kits supplier Velocity Composites said on Thursday that it delivered a positive adjusted underlying earnings performance for the first time since the Covid-19 pandemic in the 12 months ended 31 October.
Asia report: Most markets rise, Aussie unemployment surprisingly falls
Most markets in the Asia-Pacific region advanced on Wednesday, buoyed by Wall Street's overnight rally after US consumer price index inflation met expectations in November.