Company News
Director dealings: i3 Energy CEO ups stake
i3 Energy revealed on Friday that chief executive Majid Shafiq had acquired 337,291 ordinary shares in the AIM-listed oil and gas company.
Fastweb exploring deal for Vodafone’s Italian operations - report
Italian telecom operator Fastweb is reportedly exploring a potential deal for Vodafone’s local operations.
Entain strikes £585m court deal over former Turkey business
Betting and gambling giant Entain announced a significant development in its legal matters on Friday, as it reached a deferred prosecution agreement (DPA) with the Crown Prosecution Service (CPS).
Trakm8 swings to first-half profit despite weaker revenue
Telematics and data insight specialist Trakm8 reported total first-half revenue of £8. 54m on Friday, slightly down from the £9. 01m it achieved in the same timeframe last year.
Aurrigo autonomous vehicles to be trialled at Stuttgart Airport
Transport technology company Aurrigo International announced an agreement with the Digital Testbed Cargo Project Consortium (DTAC) on Friday to conduct autonomous cargo transport trials at Stuttgart Airport.
Coro Energy restructures partnership arrangements in Vietnam
Coro Energy announced a strategic move in preparation for its recently revealed 50MW rooftop solar project in Vietnam on Friday.
Ilika reports solid progress on battery tech devlelopment
Solid-state battery technology developer Ilika reported significant progress in its operations in a trading update on Thursday.
RUA Life Sciences confident despite first-half weakness
Medical device specialist RUA Life Sciences said in a trading update on Friday that it expected revenue for the year to meet forecasts despite some order disruption.
HSBC apologises after online banking outage
HSBC issued an apology on Friday morning after a disruption to its mobile and online banking services left many UK customers unable to access their accounts on one of the year’s biggest shopping days.
Team17 warns on profits, shares slide
Team17 tumbled on Friday as the games developer warned that full-year earnings will be lower than expected.
Harland & Wolff's takeover approach of ISSC 'unequivocally rejected'
Shipbuilding and fabrication company Harland & Wolff said on Friday that its approach for Isles of Scilly Steamship Company had been "unequivocally rejected".
Barclays looking to save up to £1bn; 2,000 jobs at risk - report
Barclays is reportedly working on plans to save as much as £1bn, which could result in as many as 2,000 job losses, mainly in the bank's back office.
JTC to acquire asset management firm Blackheath
Professional services firm JTC announced its intention to acquire UK-based boutique asset management company Blackheath on Friday.
Mothercare hit by tough Middle East trading
Mothercare reported a rise in first-half profit on Friday, but sales fell due to pressures in the the Middle East and the retailer warned that more of its franchise stores could close.
Legal & General agrees full buy-in of Boots pension scheme for £4.8bn
Insurer and asset manager Legal & General said on Friday that it has agreed to a full buy-in of the Boots pension scheme for £4. 8bn.