Company News
Getech shares slump as group warns on FY revenues
Getech shares slumped on Friday after the firm warned that full-year revenues would be lower year-on-year amid a "growing level of caution" among clients.
Antofagasta buys 19% stake in Peru’s Buenaventura
Chilean copper miner Antofagasta said on Friday that it has bought a 19% stake in Peruvian metals company Buenaventura for an undisclosed sum.
Heathrow sees record passenger numbers next year
Heathrow Airport on Friday forecast record passenger numbers next year as the travel industry continued to recover from Covid pandemic restrictions.
Zephyr Energy reports progress on Slawson wells, Paradox
Zephyr Energy said in an update on Friday that the initial flow rates from the six wells operated by Slawson Exploration Company, in which it holds working interests, exceeded expectations.
UK's Prince Harry wins damages from Daily Mirror over phone hacking
Britain's Prince Harry on Friday won a substantial part of his phone-hacking case against the Reach-owned Daily Mirror tabloid newspaper and other titles.
Alumasc acquisition of ARP Group gets CMA clearance
Building products supplier Alumasc has received formal unconditional clearance from the UK Competition and Markets Authority (CMA) for its acquisition of ARP Group, it announced on Friday.
Trainline shares surge as DfT pulls plans for ticketing app
News that the Department for Transport has canned plans to create a Great British Railways ticketing website and app sent shares in booking platform Trainline to a yearly high on Friday.
Future Metals raising AUD 3.3m to fund exploration
Future Metals announced plans to undertake a non-renounceable entitlement issue on Friday to raise AUD 3. 3m (£1. 47m) before costs to fund drilling, exploration and study activities.
Barkby joint venture acquires first roadside asset
Barkby Group announced the completion of the first acquisition through its joint venture with Meadow Partners on Friday.
Chamberlin reports strong growth at Russel Ductile Castings
Specialist castings and engineering company Chamberlin updated the market on Russell Ductile Castings (RDC), a foundry based in Scunthorpe, on Friday.
CMA to investigate mattress firm Simba over sales practices
The Competition and Markets Authority said on Friday that it was launching an investigation into mattress seller Simba Sleep to examine whether it has misled consumers about price cuts and put pressure on them to make quick purchases.
Shell to sell 37.5% stake in PCK Schwedt to Prax Group
Shell said on Friday that it has agreed to sell its 37. 5% stake in German oil refinery PCK Schwedt the UK’s Prax Group for an undisclosed sum.
Campari Group shares fall on $1.3bn Courvoisier acquisition
Davide Campari-Milano, the Italian spirits company famous for its Campari brand, has announced plans to buy Courvoisier from Beam Suntory, causing shares to fall in Milan on Friday.
Ofgem mulls price cap rise to tackle record bad debt
Ofgem is proposing increasing the price cap, it was confirmed on Friday, to help suppliers to recover £3bn of bad debt.
Aptamer reports decent technical, commercial progress
Aptamer Group reported solid progress on both the technical and commercial fronts on Friday as it held its annual general meeting.
UK Oil & Gas gets explosives permits for Pinarova well
UK Oil & Gas has obtained all the necessary explosives permits to deploy new seven-inch perforating guns, it announced on Friday, designed to penetrate the nine-and-five-eighths-inch casing of the Pinarova well fully.
Arkle secures two lithium exploration licences in Botswana
Arkle Resources has secured two exploration licences for lithium brine prospecting in the expansive Makgadikgadi Salt Pans of northeast Botswana, it announced on Friday.
88 Energy secures new Texas acreage
88 Energy announced the acquisition of additional oil and gas production assets in the Texas Permian Basin on Friday, marking a significant expansion of its regional footprint.
Abingdon Health upbeat on strong recent progress
Lateral flow contract research, development and manufacturing organisation Abingdon Health reported solid progress on Friday as it held its annual general meeting.
UK house prices set to fall in 2024
House prices are expected to remain under pressure in 2024, according to industry forecasts published on Friday, as high interest rates continue to stretch affordability.