Company News
Thursday preview: Services PMIs and US jobs data in focus
In the continued absence of corporate results, economic data will once again steal the limelight on Thursday, with service-sector indicators in focus across the globe and labour-market figures due in the US.
Mineral & Financial upbeat on progress at Lagoa Salgada
Mineral and Financial Investments announced a significant development in its investments in Redcorp Empreendimentos and Ascendant Resources on Wednesday, which are jointly spearheading the Lagoa Salgada Polymetallic Project in Portugal.
China Nonferrous Gold faces serious liquidity crunch
China Nonferrous Gold, a mineral exploration and mining company currently operating the Pakrut gold project in Tajikistan, updated the market on its financial challenges on Wednesday as it grappled with demands from its creditor CNMC Trade.
BP Marsh acquires 30pc of Ai Marine Risk
BP Marsh announced its acquisition of a 30% cumulative preferred ordinary shareholding in Ai Marine Risk, a London-based managing general agency (MGA), on Wednesday.
Deltic Energy achieves 'Carbon Neutral Business' status
Deltic Energy announced its status as a 'Carbon Neutral Business' on Wednesday, as certified by Carbon Neutral Britain.
Arecor appoints new commercial manager to Tetris subsidiary
Arecor Therapeutics announced the appointment of Dr Helen Parris as senior vice president and commercial and general manager of its subsidiary Tetris Pharma on Wednesday.
Katoro waiting for agreed payment from Lake Victoria Gold
Minerals explorer and developer Katoro Gold reported on Wednesday that Lake Victoria Gold (LVG), under its joint venture agreement, had yet to provide any evidence of payment for the agreed capital contribution due on 31 December.
Intercede secures $1m US intelligence contract
Digital identity and credential management specialist Intercede has secured a significant contract worth $1m from a new client within the US intelligence community, it announced on Wednesday.
Getech announces eight new contracts worth £1.8m
Getech announced eight new contracts on Wednesday, valued at a cumulative total of £1. 8m.
Hercules Site Services inks deals with two water companies
Hercules Site Services announced new contracts totalling £5. 75m for its civil projects division on Wednesday.
Mkango announces US HyProMag partnership
Mkango Resources, alongside CoTec Holdings, announced a partnership with Maginito on Wednesday to establish HyProMag USA as a 50-50 joint venture entity.
Ryanair traffic jumps 9% in December; flights removed from OTAs
Budget airline Ryanair reported a 9% jump in December passenger numbers on Wednesday as it cautioned that the removal of its flights from online travel agents will dent short-term load factors and soften short-term yields.
Entain appoints Eminence Capital founder Ricky Sandler to board
Ladbrokes owner Entain rallied on Wednesday as it announced the appointment of Eminence Capital founder Ricky Sandler as a non-executive director with immediate effect.
C4X Discovery shares soar on $11m COPD payment from AstraZeneca
C4X Discovery, the AIM-listed drug discovery company, has received a "milestone payment" of $11m from biopharma giant AstraZeneca as part of the progress of its NRF2 Activator programme, causing shares to jump by nearly a half on Wednesday.
Airbus in talks to buy Atos cyber unit for up to €1.8bn
French aerospace giant Airbus is in early discussions to purchase a big data and cyber business from Atos for up to €1. 8bn, the IT group announced on Wednesday.
Wizz Air passenger numbers soar in December
Hungary-based budget airline Wizz Air reported a strong rise in December passenger numbers as demand continued to rebound from the Covid pandemic.
Learning Technologies Group finalises non-core disposal
Learning Technologies Group (LTG), the AIM-listed workplace digital learning solutions firm, has successfully completed the disposal of Lorien Engineering Solutions, finalising its exit from non-core assets.