Company News
Maersk returns to Red Sea but Hapag-Lloyd says 'too dangerous'
Shipping giant Maersk on Wednesday said it would operate several dozen container vessels via the Suez Canal and the Red Sea in the coming days and weeks despite recent attacks on vessels by Yemen's Houthi militant group.
Director dealings: PPHE CEO ups stake
PPHE Hotel Group revealed on Wednesday that chief executive Boris Ivesha had acquired 4. 63m ordinary shares in the London-listed international hospitality company.
Tern investee Device Authority raising up to $7m
Technology investor Tern announced on Wednesday that Device Authority, in which it held a 53. 8% shareholding as of 21 November, has secured a series B fundraising round to raise up to $7m in new equity investment.
Horizonte strikes $20m interim funding arrangement
Horizonte Minerals announced an interim funding agreement amounting to $20m on Wednesday, aimed at bolstering its financial position as it progressed toward securing a comprehensive funding solution.
Agronomics posts strong set of full-year results
Cellular agriculture investor Agronomics reported a 14% increase in its net asset value per share in its final results on Wednesday, standing at 16. 94p on 30 June.
WH Ireland revenue falls, losses widen in first half
WH Ireland reported first-half revenue of £10. 7m on Wednesday, down from £14. 3m year-on-year.
Capricorn FPSO leaves Singapore after sale to Woodside
Capricorn Energy updated the market on Wednesday, after Woodside Petroleum announced the departure of the floating production, storage and offloading (FPSO) vessel from Singapore for the Sangomar field development, offshore Senegal.
Aviva expecting another £80m from Singlife sale
Aviva is expecting an additional £80m in proceeds from the sale of its stake in Singapore Life Holdings (Singlife) to Sumitomo Life, it announced on Wednesday.
Mobile Streams shares tumble as FY profits decrease 'substantially'
Data intelligence group Mobile Streams revealed on Wednesday that gross profits had "decreased substantially" in the year ended 30 June as gross profit margins nosedived.
HgCapital to sell down stake in IRIS Software
HgCapital Trust (HGT) announced a partial sale of IRIS Software Group (IRIS) to LGP, a private equity firm based in Los Angeles, on Wednesday.
AstraZeneca to buy Gracell Technologies for $1.2bn
AstraZeneca on Wednesday said it was buying Gracell Biotechnologies, a global clinical-stage biopharmaceutical company developing cell therapies for the treatment of cancer and autoimmune diseases, for $1. 2bn.