Company News
Wednesday preview: Fed's Powell, UK CPI in the spotlight
Wednesday will bring with it the week's main event, Federal Reserve chairman Jerome Powell's testimony before the U. S. House of Representatives Financial Services committee.
Airtel Africa says reform of Nigerian FX market expected to bolster US dollar liquidity
Airtel Africa said that the Nigerian central bank's decision to unify all segments of the country's foreign exchange market was expected to bolster dollar liquidity and engender a more stable market.
Director dealings: BAT non-exec invests, LondonMetric directors cover tax bills
Cigarette giant British American Tobacco was on the list of buys on Tuesday, after a non-executive director spent more than £40k on shares.
Celsius set to explore new copper-gold prospect
Celsius Resources announced its plans to explore the Botilao Porphyry Copper-Gold Prospect on Tuesday - a secondary tenement located adjacent to the MCB project - through its Philippine subsidiary Makilala Mining Company (MMCI).
EKF completes factory acceptance testing for huge new fermenter
EKF Diagnostics announced the successful completion of factory acceptance testing for its life sciences division's latest addition on Tuesday - a 14,500-litre enzyme fermenter.
Tekcapital's Innovative Eyewear enters licensing deal with Reebok
Intellectual property investor and developer Tekcapital announced on Tuesday that its investee Innovative Eyewear had entered into an agreement with Authentic Brands Group to license sports brand Reebok for smart eyewear.
Accesso buys ticketing platform VGS in $53m deal
Leisure and entertainment technology specialist Accesso announced the acquisition of ticketing and visitor management platform VGS on Tuesday,.
Seeing Machines teaming up with synthetic data specialist Devant
Driver monitoring technology specialist Seeing Machines announced a collaboration with Swedish start-up Devant on Tuesday.
PetroTal gets back to work after lifting of river blockade
PetroTal said in an update on Tuesday that the Indigenous Association for Development and Conservation of Bajo Puinahua (AIDECOBAP) had removed the river blockade on 10 June, thus allowing the resumption of its operations.
Atlantic Lithium reports latest assay results from Ewoyaa
Africa-focussed explorer and developer Atlantic Lithium released initial assay results for its ongoing resource and exploration drilling program at the Ewoyaa Lithium Project in Ghana on Tuesday.
Somero trims guidance amid US market struggles
Concrete placement equipment specialist Somero Enterprises lowered its full-year guidance on Tuesday, reporting that while its main markets in the US, Europe, and Australia were displaying positive non-residential construction activity, new factors had emerged that were impacting the translation of construction projects into trading in the US.
Eli Lilly to buy Dice Therapeutics in $2.4bn deal
Eli Lilly said on Tuesday that it has agreed to buy biopharmaceutical company Dice Therapeutics in a $2. 4bn deal.
Revolution Beauty to take legal action against founder Adam Minto
Cosmetics company Revolution Beauty Group announced its intention to pursue legal action against its founder and former chief executive officer Adam Minto on Tuesday.
Lords Group reaffirms full-year expectations
Building materials distributor Lords Group reported a resilient trading performance in an update on Tuesday, reaffirming that it anticipated its full-year performance to be in line with market expectations.
Frasers Group takes stakes in Currys, Boohoo
Mike Ashley’s Frasers Group has taken stakes in electricals retailer Currys and online fashion retailer Boohoo.
Woodside makes final investment decision on Mexico's Trion project
Woodside Energy announced its final investment decision to develop the Trion resource - a large and high-quality oil and gas field located in Mexico - on Tuesday.
Saga reports solid growth in several key sectors
Over-50s specialist Saga reported impressive growth in several key sectors in the first four months of its financial year on Tuesday.
SThree reports 'robust' 1H despite macro uncertainty
Hiring specialist SThree reported a "robust" net fee performance for the first half of its financial year, despite what it described as an "uncertain" macroeconomic backdrop.
Abrdn sells 10.2% stake in India's HDFC AMC
Asset manager Abrdn said on Tuesday that its aIML subsidiary has sold just under 21. 8m shares in India’s HDFC Asset Management Company for about 45. 7 billion rupees (£337m).
Canada's Alpha Auto Group to buy Lookers in £465.4m deal
Lookers said on Monday that it has agreed to be bought by Toronto-based car dealership Alpha Auto Group in a £465. 4m cash deal.