Latest News

Berenberg upgrades Energean to 'buy'
Analysts at Berenberg upgraded exploration and production outfit Energean from 'hold' to 'buy' on Tuesday, stating the group appeared to be "resilient" to current market volatility.

Mkango and CoTec appoint lead engineers for DFW hub project
Mkango Resources, alongside its partner CoTec Holdings, announced the appointment of PegasusTSI and BBA USA on Tuesday, to provide engineering, procurement and construction management (EPCM) services for the HyProMag USA rare earth magnet recycling and manufacturing project in the Dallas-Fort Worth area.

Orosur Mining consultant exercises stock options
Orosur Mining announced the issue of 83,333 new shares on Tuesday, following the exercise of stock options by a company consultant at an exercise price of six Canadian cents per share.

Helium One reports encouraging flow testing at Jackson-29
Helium One Global reported encouraging flow test results from the Jackson-29 well at the Galactica Project in Colorado on Tuesday, where it holds a 50% working interest in a joint venture with Blue Star Helium.

Shield Therapeutics inks exclusive licence agreement in Japan
Pharmacitucal firm Shield Therapeutics said on Tuesday that it had inked an exclusive licence agreement for its ACCRUFeR iron deficiency asset in Japan with VITAL-NET.

Asia report: Markets mixed in wake of Trump's Fed criticism
Asia-Pacific markets traded mostly subdued on Tuesday, following a sharp sell-off on Wall Street driven by renewed political pressure on the US Federal Reserve.

Celebrus Technologies FY25 revenues seen falling short of expectations
Data solutions provider Celebrus Technologies warned on Tuesday that FY25 revenues were expected to fall short of expectations amid a slow down in customer decision making due to the "increasingly uncertain" global geopolitical situation.

Ebiquity confident after second-half turnaround
Ebiquity reported a 4. 3% decline in revenue to £76. 8m for the year ended 31 December on Tuesday, with adjusted operating profit falling 34. 3% to £7. 9m.
Europe open: Trump tantrum over Powell hits shares, bonds; Gold shines
European shares opened lower on Tuesday and gold hit $3,500 for the first time amid concerns over the US Federal Reserve’s independence after attacks on its boss Jerome Powell by President Donald Trump and the lack of progress on tariff negotiations by Washington.

Fulcrum identifies gallium mineralisation at Ontario projects
Fulcrum Metals announced on Tuesday that it has identified gallium mineralisation across all assays from 15 drill holes at its Teck-Hughes and Sylvanite gold tailings projects in Ontario, Canada.

Clean Power Hydrogen appoints chief commercial officer
Clean Power Hydrogen announced the appointment of Richard Scott as its chief commercial officer on Tuesday, effective 1 July, as it moved into the next phase of its commercial strategy.

Hutchmed enrols patients for phase two savolitinib trial
Hutchmed China announced on Tuesday that it has completed patient enrollment for the registration phase of its phase two clinical trial, evaluating savolitinib in Chinese patients with MET-amplified gastric cancer or gastroesophageal junction adenocarcinoma.

ITM Power raises full-year revenue guidance
ITM Power raised its full-year revenue guidance for 2025 on Tuesday, to between £25. 5m and £26. 5m, reflecting a 30% increase on the midpoint of its previous range of £18m to £22m.
DCC sells healthcare division for £1bn
DCC said it has agreed to sell its healthcare division to HealthCo Investment, an independently managed unit of funds managed or advised by Investindustrial Advisors for a total enterprise value of £1. 05bn.

Videndum says debt discussions progressing positively
Videndum said in an update on Tuesday that its debt discussions were progressing, as it confirmed it would publish its audited results for the year ended 31 December on 30 April.

Sainsbury's launches £200m share buyback
J Sainsbury launched a share buyback programme worth up to £200m on Tuesday, set to be completed by 12 September.

Ricardo set to end year in line with expectations
Ricardo said in an update on Tuesday that it expects to deliver financial performance for the 2024-2025 financial year within the range of analyst expectations, supported by a high level of secured and pipeline net revenue across all business units.

London pre-open: Investors have a glint in their eye (gold)
Stocks in London were set for a softer start following another difficult session for US dollar assets the day before amid what some in markets had dubbed the 'sell the US' trade.
DCC agrees sale of healthcare division, Sainsbury's launches share buyback
London open The FTSE 100 is expected to open 60 points higher on Tuesday, having closed flat before the Easter weekend on Thursday at 8,275. 66.

Tuesday newspaper round-up: Global trade, Trump-Powell relations, power pylons, parking fines
Rachel Reeves will fly to Washington this week to argue for global free trade in the face of Donald Trump’s punitive tariffs, amid continued international economic turbulence. The UK chancellor will use the spring meetings of the International Monetary Fund, which is attended by top finance ministers and central bankers, to make the case that free trade is in both British and global interests. - Guardian.