Company News
Maersk suspends Red Sea sailings after weekend attack
Danish shipping giant Maersk said it was suspending all shipping through the Red Sea and Gulf of Aden until further notice after one of its vessels came under attack from Yemeni Houthi militants over the weekend.
Wednesday preview: JOLTS data and FOMC minutes to steal focus
With corporate results and updates once again thin on the ground, the focus of Wednesday's trading will be firmly fixed on economic data from the US, amid ongoing speculation regarding the outlook for interest rates.
Sareum shares jump on cancer drug licensing deal
Shares in AIM-listed biotech group Sareum jumped by a fifth on Tuesday after its co-development partner for cancer treatment SRA737 signed a commercialisation licence agreement with a US biopharma company.
Director dealings: Software Circle director raises stake
Software Circle revealed on Tuesday that non-executive director Matthias Riechert had acquired 150,000 ordinary shares in the London-listed software firm.
R&Q confirms retirement of founder Alan Quilter
R&Q Insurance Holdings announced the retirement of Alan Quilter, its group head of programme management, on Tuesday.
Caledonia Mining declares quarterly dividend
Caledonia Mining declared a quarterly dividend of 14 US cents per share on Tuesday.
Plexus inks new agreement with Schlumberger
Oil and gas engineering services company Plexus announced an agreement with Schlumberger (SLB) on Tuesday, superseding a prior surface production wellhead licence and replacing it with a broader arrangement.
URU pushes repayment date on Boothbay convertible loan
URU Metals has extended the repayment date for its convertible loan from Boothbay Absolute Return Strategies, it announced on Tuesday, to 28 February.
Hapag-Lloyd to continue avoiding Suez canal until at least Jan 9
German shipping company Hapag-Lloyd on Tuesday said it would continue to divert its vessels away from the Suez Canal/Red Sea to avoid attacks by Yemeni Houthi militants.
Plant Health Care nematicide gets approval in Brazil
Crop peptide specialist Plant Health Care announced on Tuesday that its nematicide product TEIKKO has received federal approval in Brazil, ahead of a commercial launch for the upcoming 2025 soybean growing season.
Proteome launches San Diego lab operations
Proteomics services provider Proteome Sciences announced the installation and start of operations at its new laboratory in San Diego, California, on Tuesday.
Genedrive confirms £0.6m equity prepayment drawdown
Genedrive confirmed a planned £0. 6m drawdown as part of its £5m equity prepayment facility on Tuesday, which it initially disclosed on 31 March 2023.
Zanaga extends repayment data on Glencore loan
Zanaga Iron Ore Company announced on Tuesday that it has agreed with Glencore to extend the repayment date of its loan facility.
Maher Masoud starts as MaxCyte president, CEO
MaxCyte confirmed the appointment of Maher Masoud as its new president and chief executive officer on Tuesday, effective from 1 January.
Novacyt taps Steve Gibson for CFO
Biotechnology group Novacyt has appointed Steve Gibson to the role of chief financial officer with immediate effect.
Balfour Beatty gears up for 2024 share buyback programme
Infrastructure specialist Balfour Beatty appointed corporate brokers to oversee the initial phase of its 2024 share buyback programme on Tuesday.
Aldi, Lidl post record Christmas sales as shoppers seek value
Discount grocers Aldi and Lidl reported record Christmas sales as shoppers looked for value amid the cost-of-living crisis.
Diversified Energy sells majority stake in Appalachia assets
Diversified Energy has sold producing assets in Appalachia to a special purpose vehicle, DP Lion Equity Holdco, it announced on Tuesday, while retaining a 20% minority interest in the vehicle and continuing to operate them.
Airtel Africa CEO to retire
Telecoms operator Airtel Africa said chief executive Olusegun Ogunsanya would be retiring and replaced by Sunil Taldar in the middle of the year.