Company News
Director dealings: Invesco Asia's Neil Rogan makes share purchase
Invesco Asia revealed on Wednesday that non-executive director Neil Rogan had acquired 11,437 ordinary shares in the London-listed investment company.
Zinc Media delivers 'record year' in both revenue and profitability
Production company Zinc Media revealed on Wednesday that expects to deliver "a record year" in terms of both revenue and profitability, in line with market expectations.
Augmentum portfolio company Onfido in talks with potential suitor
Augmentum Fintech announced on Wednesday that its portfolio company Onfido was in exclusive discussions with potential acquirer Entrust, a US-based trusted payments, identities, and data security specialist.
Helium One raises £4.7m to advance planning in Tanzania
Tanzania-focussed helium explorer Helium One Global announced on Wednesday that it has raised £4. 7m ($5. 92m) through a company-led placing of 313,333,333 new shares at a price of 1. 5p each.
Barratt to take over Redrow in £2.5bn all-share deal
Britain's biggest housebuilder Barratt said it had agreed an all-share takeover of smaller rival Redrow valuing the latter at £2. 5bn.
Anglo American mines in Brazil achieve IRMA standard
Anglo American announced on Wednesday that its Minas-Rio iron ore and Barro Alto nickel mines in Brazil had attained the IRMA 75 level of performance.
Uber manages to beat fourth-quarter revenue forecasts
Ride-hailing and food delivery behemoth Uber Technologies reported a 15% improvement in fourth-quarter revenue on Wednesday, to $9. 9bn, beating market expectations for revenue of $9. 8bn.
Barclay family looks to secure buyer for Yodel - report
The Barclay family has ramped up efforts to find a buyer for Yodel, the delivery business, it was reported on Wednesday.
Verditek inks preliminary deal to offload solar business
Verditek announced on Wednesday that it has reached a preliminary agreement to sell its solar business in a deal involving the establishment of a new company, ‘Newco’, by the holders of its secured convertible loan notes.
Deltic Energy strikes farm-out deal on Selene Prospect
Natural resources investing company Deltic Energy announced a significant agreement regarding licence P2437 and the Selene Prospect on Wednesday, as it entered into a farm-out deal with Dana Petroleum, transferring a 25% interest in the licence while retaining a 25% non-operated equity interest.
Vast Resources reports slight fall in Baita Plai production
Mining company Vast Resources released its fourth quarter production figures for the Baita Plai polymetallic mine in Romania on Wednesday, extracting 24,178 tonnes of material in the period, yielding 562 dry metric tonnes (DMT) of concentrate with a copper concentrate grade of 18%.
Goldplat reports success in Ghana, struggles in South Africa
Goldplat reported a successful second quarter in Ghana on Wednesday, with an operating profit of £1. 82m making for a significant increase from £1,03m in the second quarter of the 2023 financial year.
GreenRoc expects quicker progress with change to Greenland regulation
GreenRoc Mining said in an update on Wednesday that it expected significant progress following amendments to Greenland's mining laws on 1 January.
Tern's Device Authority raises an extra $2m
Early-stage technology investor Tern announced the completion of an additional second closing of tranche one series B funding by Device Authority on Wednesday, in which it held a 35. 7% shareholding.
Smurfit Kappa FY earnings drop but volumes return to growth in Q4
Smurfit Kappa posted a drop in full-year earnings and revenue on Wednesday amid a "difficult" demand environment, but said that volumes returned to growth in the fourth quarter.
Ørsted cuts jobs, exits markets and pauses divi after challenging year
Danish energy giant Ørsted on Wednesday announced job cuts, a dividend suspension and the exit of several offshore markets after it swung to a net loss of more than DKK 20bn (£2. 3bn) in 2023.
Earnings slide at TotalEnergies as energy prices ease
TotalEnergies posted a decline in earnings on Wednesday, as oil and gas prices came off record highs.
Future trades 'broadly in line' with expectations
Media business Future said on Wednesday that year-to-date trading had been "broadly in line with expectations", despite seeing a slowdown in digital advertising revenues and pressure from FX swings.
Just Eat Takeaway appoints Mayte Oosterveld as CFO
Just Eat Takeaway. com said on Wednesday that it has appointed Mayte Oosterveld as its new chief financial officer.
Ashmore sees interim AuM slide, remains optimistic for full year
Nervous investors pulled billions of dollars from Ashmore Group funds at the end of 2023, the specialist asset manager said on Wednesday.