Company News
CEO of Hong Kong stock market vows to continue talks with Saudi Aramco
Hong Kong Exchanges & Clearing chief executive Charles Li pledged to continue talks with Saudi Aramco to woo the oil major to its trading venue, particularly now given the bourse’s planned IPO investment link with China.
Totally awarded dermatology service contract via subsidiary
London based holding company Totally announced on Wednesday it had secured a contract that would see it provide dermatological services for Castle Point, Rochford, and Southend clinical commissioning groups (CCGs) in the UK via its subsidiary About Health.
Shell begins $1bn retail investment charge into Mexico
As Donald Trump plans his massive border wall, Royal Dutch Shell unveiled plans to invest $1bn in a retail-based expansion in Mexico, the fifth biggest consumer of gasoline in the world, after the company opened its first service station in the country this week.
Tiziana Life Sciences develops oral foralumab formulation
Clinical stage biotechnology company Tiziana Life Sciences announced the development of a novel, proprietary, oral formulation of foralumab on Wednesday.
Fulham Shore notes difficult trading, keeps menu prices stable
Investors in Fulham Shore were told of the company’s progress at its annual general meeting on Wednesday, with chairman David Page confirming that, in the financial year to date, the company had opened seven Franco Manca pizzeria in the UK, a single Franco Manca franchise in Italy, and three restaurants branded The Real Greek.
Thursday preview: ECB decision, Brexit debate, Ashmore and Bovis results
The European Central Bank interest rate announcement takes place on Thursday while there will also be plenty of attention on Westminster as MPs debate the Brexit-related 'Great Repeal Bill', while in the City the early focus will be on results from the likes of Ashmore, Bovis Homes and Go-Ahead Group.
Epwin confident despite Entu collapse
Low-maintenance building products manufacturer Epwin Group updated the market on changes to circumstances within its customer base on Wednesday, following its report on 16 August that one of its customers - accounting for 5% of group revenue - was facing “significant funding issues”.
Character Group appointed master UK distributor for Pokemon toys
Character Group announced on Wednesday that its principal trading subsidiary, Character Options, has been appointed the master toy distributor in United Kingdom and Ireland for the “globally popular” Pokémon brand.
Labour pushes for ban on football kits sponsored by bookmakers
Jeremy Corbyn’s Labour Party has proposed a ban on football kits sponsored by bookmakers and gambling websites.
Mountfield Group awarded £0.75m in services upgrade contracts
Mountfield Group announced on Wednesday that it has been awarded contracts to the value of £0. 75m to undertake the upgrading of services, with associated architectural works, to three sites in the South of England.
Zenith announces three-pronged rehabilitation programme at Azerbaijan asset
Azerbaijani oil and gas producer Zenith Energy said its various recent and ongoing rehabilitation activities would stabilise base production and could increase production and help identify multiple new drilling locations as part of its efforts to re-evaluate the country's neglected onshore oilfields.
Nostra Terra nabs remaining 12.5% of Pine Mills oilfield
Egypt and US-focussed oil and gas exploration and production company Nostra Terra announced on Wednesday that it has successfully secured the remaining 12. 5% working interest in the Pine Mills oilfield in Texas, meaning it now has 100% ownership of Pine Mills.
Hurricane Irma effects potentially catastrophic
Irma, the most powerful Atlantic hurricane in a decade has hit the Caribbean islands as British tourists are evacuated.
Boohoo's competitive advantage sees Barclays upgrade after internet research
Online fast-fashion retail Boohoo. com's shares are "expensive" but were upgraded by Barclays on Tuesday after analysis of internet traffic trends for the core business and its PrettyLittleThing offshoot firmed up its forecasts.
Solo Oil submits development plan for Ntorya gas field
Solo Oil submitted the development plan for the onshore Ntorya gas condensate field located in Tanzania to the country's state oil company, taking another step towards monetisation of the field.
Property Franchise warns on full-year profits
AIM-listed Property Franchise Group warned on Wednesday that underlying profits for the full year are likely to be below market expectations.
Sports Direct reiterates earnings guidance, confirms Flannels deal
Sports Direct reiterated its full-year guidance on Wednesday as it expressed optimism over its outlook and confirmed that it now owns 100% of Manchester-based luxury and designer fashion chain Flannels.
SDX Energy announces successful completion of $10m fundraising
North African focused oil and gas company SDX Energy announced on Wednesday it had successfully completed an oversubscribed $10m private placement with its existing investors.
Georgian Mining completes $6m investment into GCG
Georgian Mining Corporation announced it had satisfied its obligation of a $6m initial investment to Georgian Copper and Gold (GCG).
HSBC leaves 1m businesses without bank managers
According to the Daily Mail as many as 1m businesses were left stranded without a bank manager at HSBC, leaving them with call centre staff who had chosen to freeze their accounts, meaning they were unable to pay suppliers or staff, in what was referred to as a "botched crackdown on crime" after the global lender was hit with a £1. 2bn fine in 2012 for its role in laundering drug money for Mexican cartels.