Company News
Meta pushing ahead with Twitter rival - report
Facebook owner Meta Platforms is planning a social media network to rival Twitter, it emerged on Friday.
Government introduces price floor on energy windfall tax
A windfall tax on excessive oil and gas profits will be suspended should energy prices fall, the government confirmed on Friday.
Director dealings: Keywords CEO invests in shares, Neometals discloses transactions
Near the top of the list of director buys on Friday was Keywords Studios, after its chief executive officer spent almost £50,000 on shares in the open market.
Barkby streamlining estate to just six pubs
Hospitality operator Barkby updated the market on the review of its pubs business on Friday, as it focussed on strategies to restore profitability within the upcoming financial year.
European Metals upbeat on lithium project land purchase
European Metals Holdings announced on Friday that Geomet has reached an agreement to acquire a parcel of land at the industrial site ‘Dukla’ in the Újezdeček Municipality.
Acuity RM signs up unnamed 'leading' British insurer
Risk management specialist Acuity RM announced the securing of a new customer for its ‘STREAM’ Integrated Risk Manager (IRM) software product on Friday.
S4 Capital reiterates full-year guidance
S4 Capital reiterated its full-year targets on Friday, despite seeing more "modest" revenue growth in 2023.
Hummingbird makes first gold pour at Kouroussa
Gold miner Hummingbird Resources announced the successful first gold pour at the Kouroussa Gold Mine in Guinea on Friday, which took place on 8 June.
Croda tanks on profit warning
Croda International tanked on Friday as it warned that full-year profits were set to fall on the previous year, citing lower sales volumes and customer destocking.
NWF ends year strongly, renews banking facilities
NWF Group reported positive trading in a year-end on Friday, with a strong performance in the second half surpassing market expectations.
Invinity to deploy first next-generation battery prototype
Invinity Energy Systems announced the upcoming deployment of the first prototype of its next-generation product in British Columbia on Friday.
Shoe Zone lifts full-year profit outlook
Shoe Zone rallied on Friday as it lifted its full-year profit outlook following recent strong trading.
Embattled WANdisco set to go ahead with fundraising
Embattled data specialist WANdisco said in an update on Friday that it will move forward with its fundraising plan, after the successful passing of all resolutions at its shareholder meeting on 6 June.
MP Evans trading well as prices come down from 2022 highs
Indonesian palm oil producer MP Evans updated the market on its recent trading on Friday, reporting a 2% increase in the total crop of fresh fruit bunches processed in the first five months of 2023, compared to the same period last year.
PetroTal reaches de-escalation plan in Peru river blockade
PetroTal updated the market on the ongoing “illegal river blockade” in Peru on Friday, reporting significant operational disruption as the Indigenous Association for Development and Conservation of Bajo Puinahua (AIDECOBAP) seized and held two oil transport convoys.
Which formally complains about 'misleading' Tesco promotional pricing
Consumer campaign group Which raised concerns over Tesco's pricing practices on Friday, suggesting that the lack of clear pricing on the majority of its food and drink promotions could be violating the law.
AstraZeneca gets new FDA RSV approval, partners with Quell
AstraZeneca announced on Friday that the US Food and Drug Administration (FDA) Antimicrobial Drugs Advisory Committee (AMDAC) had unanimously voted in favour of ‘nirsevimab’ as a preventive treatment for respiratory syncytial virus (RSV) lower respiratory tract disease (LRTD) in newborns and infants.
Amigo grants exclusivity agreement to shareholder
Amigo Holdings has granted a shareholder an exclusivity agreement to pursue financing options for the troubled business, the mid-cost lender confirmed on Friday.
Mothercare CEO Le Vesconte steps down
Mothercare said on Friday that chief executive officer Daniel Le Vesconte has stepped down with immediate effect, and that its performance remains on track.
Canada's Brookfield to buy Network International in £2.2bn deal
Payments provider Network International said on Friday that it has agreed to be taken over by Canada’s Brookfield Asset Management in a £2. 2bn deal.