Company News
Tuesday preview: German factory orders, British American Tobacco in focus
The economic calendar was rather sparse on Tuesday.
Bank holidays fail to boost retail sector - BRC
UK retail sales growth slowed in May, industry data showed on Tuesday, despite a succession of bank holiday weekends.
London close: Stocks slip back after oil price rally
London stocks had reversed earlier gains to close weaker on Monday, having earlier rallied on the back of higher oil prices, as investors mulled the latest reading on the UK services sector.
Polymetal considers sale of Russian arm
Polymetal said on Monday that it is considering the sale of its Russian business following the resignation of two bosses and due to sanctions by the US.
Boots, BA, BBC staff hit by cyber attack on payroll provider
The personal details of thousands of British Airways, BBC and Boots may have been stolen after a suspected Russia-linked cyber attack on the firms' payroll systems provider, according to a media report on Monday.
British Chambers of Commerce to launch business council
The scandal-hit Confederation of British Industry was dealt a fresh blow on Monday, after the British Chambers of Commerce announced it was launching a new lobbying body.
CVC mulling offer for Centre Parcs - report
CVC Capital Partners is mulling a potential offer for UK holiday resort group Center Parcs, it was reported on Monday.
Sunrise expecting second £0.2m investment from Towards Net Zero
Nevada-focussed mineral developer Sunrise Resources announced on Monday that it was expecting to receive within the next week the second investment, subject to amended terms, of £0. 2m from Towards Net Zero.
UK May car registrations rise 16.7%
New car registrations rose 16. 7% in May, according to industry figures released on Monday, but are still lower than pre-Covid pandemic levels.
SDX renegotiates gas sales agreement in Morocco
SDX Energy announced on Monday that it had renegotiated a gas sales agreement with one of its major customers in Morocco.
Bigblu reports strong first-half trading
Bigblu Broadband reported strong recent trading in an update on Monday, as its strategic efforts focused on expanding product offerings, implementing new core platform systems, and reducing costs to address market challenges globally.
LifeSafe outperforms in first four months of year
Fire safety technology company LifeSafe reported strong sales growth in the first four months of 2023 on Monday.
Conroy Gold reports solid results from channel sampling
Explorer and producer Conroy Gold released assay results from bedrock channel samples obtained at its Mines Royal Newtownhamilton option area in County Armagh, Northern Ireland on Monday.
Director dealings: Greencoat UKW non-exec invests, Helios chair and wife save shares
Greencoat UK Wind was at the top of the list of director buys on Monday, after a non-executive director purchased almost £0. 15m worth of shares in three tranches.
KKR to buy US machinery maker Circor in $1.6bn deal
US machinery maker Circor International said on Monday that it has agreed to be bought by private equity firm KKR in a $1. 6bn deal.
Avacta triggers second milestone payment in AffyXell venture
Life science company Avacta Group announced on Monday that a second milestone equity payment had been triggered, resulting in an increased shareholding for Avacta in AffyXell Therapeutics.
Advanced Medical Solutions upbeat on US FDA approvals
Tissue-healing technology specialist Advanced Medical Solutions has received approval from the US Food and Drug Administration (FDA) for its ‘LiquiBandFix8’, it announced on Monday, for use in hernia surgery.
Watkin Jones forward sells Belfast build-to-rent development
Watkin Jones announced the forward sale of Loft Lines, a major residential project in Belfast’s Titanic Quarter, on Monday.
Eurozone investor sentiment deteriorates in June
Eurozone sentiment deteriorated in June as worries about the German economy weighed, according to data released on Monday.
Mondi terminates $1.17bn Russian plant sale
UK paper and packaging maker Mondi on Monday said it was terminating a $1. 17bn sale of its largest Russian plant to an investment vehicle owned by a Russian billionaire due to a "lack of progress" in getting he required approvals.