Company News
Thursday preview: U.S. CPI, Easyjet in focus
All eyes on Thursday will be on the release of the U. S. consumer price report for the month of September.
Baron Oil reveals plans for Chuditch appraisal well
Baron Oil announced further details on the planned Chuditch-2 appraisal well in the Chuditch gas field on Wednesday, on the TL-SO-19-16 production sharing contract offshore Timor-Leste.
Strategic Minerals subsidiary inks partnership with Oxford Sigma
Strategic Minerals announced a significant partnership through its wholly-owned subsidiary Cornwall Resources (CRL) on Wednesday, aimed at exploring and developing critical mineral supply chains, mainly focusing on tungsten for the burgeoning fusion industry.
Faron Pharmaceuticals upbeat on latest data in blood cancer trials
Faron Pharmaceuticals announced encouraging updated data from its ongoing phase one and two ‘BEXMAB’ study into relapsed or refractory (r/r) acute myeloid leukaemia (AML) and myelodysplastic syndromes (MDS) treatments on Wednesday.
Power Metal reports strong progress on Saskatchewan uranium exploration
Exploration firm Power Metal Resources revealed substantial progress in its uranium exploration business in the Athabasca Basin of Saskatchewan, Canada, on Wednesday, spanning 1,012 square kilometres across 17 properties.
UK watchdog to probe Arcelik-Whirlpool deal
The UK competition watchdog is to launch an in-depth investigation into the proposed merger of white goods manufacturers Whirlpool and Arcelik, it was confirmed on Wednesday.
Jubilee Metals sustains operational performance as profits fall
Jubilee Metals Group said in its final results on Wednesday that it managed to sustain a robust operational performance that mitigated the adverse impacts of depreciating platinum group metals (PGM) basket prices and infrastructural dilemmas in its operating territories.
ExxonMobil to buy Pioneer in $59.5bn all-stock deal
ExxonMobil has agreed to buy Pioneer Natural Resources in a $59. 5bn all-stock deal.
CentralNic rebrands as Team Internet Group
CentralNic Group announced that it has officially rebranded to Team Internet Group on Wednesday, following a decision subject to shareholder approval, first reported on 4 September.
Marston's sales growth continues, operating profits seen higher in FY24
Pub and hotel operator Marston's said on Wednesday that sales growth had remained solid in 2023, while operating profits looked set to improve during the following fiscal year.
Gelion opens new battery R&D facility
Battery technology specialist Gelion opened a new research and development facility in Sydney, Australia, on Wednesday.
Next close to snapping up FatFace in £100m deal - report
Next is reportedly close to snapping up FatFace in a deal worth more than £100m.
CMA seeks feedback on Vodafone's planned merger with Three UK
Vodafone’s planned merger with Three UK came under the Competition and Markets Authority (CMA) spotlight on Wednesday, as the regulator invited feedback from third parties over the impact it could have on the competitive landscape.
Heathrow passenger numbers exceed 2019 levels in September
Heathrow said on Wednesday that passenger numbers exceeded 2019 levels in September for the first time since February 2020.
Brickability flags fall in revenue, announces Topek acquisition
Construction materials distributor Brickability Group announced the acquisition of Group Topek on Wednesday, further solidifying its position in the cladding market by offering capabilities such as design, fabrication, and installation services.
GSK settles California Zantac lawsuit
GSK has agreed to settle another lawsuit concerning its discontinued heartburn treatment Zantac, the drugs giant confirmed on Wednesday.
Big Yellow raises £110m to 'build out' store pipeline
Big Yellow said on Wednesday that it has raised around £110m in a placing and retail offer to "build out the group's existing pipeline of stores".
Trustpilot slumps after Northzone sells 13m shares
Trustpilot slid on Wednesday after venture capital fund Northzone sold 13m shares in the company in a placing.
FirstGroup hikes full-year forecasts after encouraging first half
Passenger transport operator FirstGroup issued an encouraging trading update for the 27 weeks ended 30 September on Wednesday, revealing a robust performance ahead of expectations.
DSW Capital elevates finance chief to deputy CFO position
Mid-market professional services provider DSW Capital promoted its chief financial officer, Nicole Burstow, to deputy chief executive officer on Wednesday.