Company News
Fitch downgrades Thames Water holding company over debt repayment fears
Credit rating agency Fitch has downgraded a holding company of troubled UK water utility Thames Water over concerns about a loan refinancing due next April.
Director dealings: Big Technologies CFO makes share purchase
Big Technologies revealed on Thursday that chief financial officer Darren Morris had acquired 200,000 ordinary shares in the AIM-listed remote monitoring technology group.
Scirocco agrees to sell EAG for £2.6m
Scirocco Energy has conditionally agreed to sell its interest in Energy Acquisitions Group (EAG) for £2. 6m, it announced on Thursday, plus up to £0. 15m in contingent consideration, to OrbeNovo Capital.
Ariana upbeat on drilling results from Tavsan
Mineral explorer and developer Ariana Resources updated the market on the Tavsan Project on Thursday, which is operated in partnership with Zenit, Proccea Construction and Ozaltin, with Ariana owning a 23. 5% stake.
Novacyt facing delays in disposal of Yourgene Taiwan
Molecular diagnostics company Novacyt updated the market on the conditional disposal of its laboratory in Taiwan, which it acquired as part of its purchase of Yourgene Health on 8 September.
CAP-XX reports positive first-half trading
Supercapacitor and energy management system design and manufacturing specialist CAP-XX issued a positive trading update for its first half on Thursday.
Concurrent Technolgies secures £2.2m air defence contract
Concurrent Technologies announced a contract worth £2. 2m on Thursday for supplying VME processor boards to a significant multinational European defence prime contractor for integration into air defence systems.
Zinnwald flags delay to revised resource estimate
Zinnwald Lithium updated the market on the progress of its revised mineral resource estimate (MRE) for the Zinnwald Lithium Project in Germany on Thursday.
Harbour Energy to buy Wintershall Dea's upstream assets for $11.2bn
Harbour Energy surged on Thursday after saying it has agreed to buy the upstream assets of German oil and gas producer Wintershall Dea from shareholders BASF and LetterOne for $11. 2bn.
Caring reportedly eyeing £1bn sale of The Ivy Collection
British restaurateur Richard Caring is considering the sale of a significant stake in The Ivy Collection, it was reported on Thursday, possibly valuing the business at around £1bn.
Carnival reports record fourth-quarter, full-year revenue
Carnival released its fourth quarter and full-year earnings on Thursday, reporting record-breaking revenues, reaching an all-time high of $21. 6bn.
Discord at Hipgnosis as results highlight worries over asset value
Troubled music rights owner Hipgnosis Songs Fund urged investor caution on the valuation of its assets on Thursday as it continued to squabble with its investment manager on how much its catalogue of songs is actually worth.
Atalaya faces delay to main market move
Atalaya Mining updated the market on Thursday on its application for its shares to be admitted to the premium listing segment for trading on London’s main market.
Greatland announces rise in Havieron mineral resource
Greatland Gold announced a significant increase in its mineral resource estimate for the Havieron gold-copper project in Western Australia's Paterson province on Thursday.
Friday preview: UK data and US inflation stats in focus
There will be an absence of corporate results on Friday as markets wind down for the Christmas holiday, but that won't stop a flurry of economic data announcements from being released from the UK and US.
Equals Group issues further shares for acquisition of Oonex
Equals Group updated the market on its acquisition of Oonex on Thursday, which it initially announced on 5 July.
Fifa, Uefa found to be ‘abusing position’ on Football super league
Football's world and European governing bodies have been accused of "unlawful" rules that stopped clubs from forming a breakaway "Super League", in a court ruling released on Thursday.
Turkish central bank lifts rates for seventh straight meeting
Turkey's central bank has lifted interest rates for the seventh straight meeting in its continued fight against significant inflation, though this month's hike was more moderate than the last.
HICL ups stake in French toll motorway
HICL Infrastructure announced the increase of its stake in the A63 Motorway concession in France on Thursday, by acquiring an additional 3. 1% interest for £20m.
Co-op Bank in exclusive merger talks with Coventry Building Society
The Co-operative Bank said on Thursday that it has entered into exclusive talks with Coventry Building Society about a possible merger.