Company News
Tuesday preview: US CPI; UK employment in focus
Tuesday's focus in financial markets will be on the U. S. , where the latest cost-of-living numbers were due to be published.
London close: Stocks finish higher after very quiet Monday
London markets managed modest gains by the close of a subdued trading session on Monday, with no significant corporate or economic catalysts driving movements.
ValiRx inks deal with Dundee Drug Discovery Unit
ValiRx announced the signing of a significant agreement with the University of Dundee and its Drug Discovery Unit (DDU) on Monday.
Director dealings: Victrex chair makes share purchase
Victrex revealed on Monday that chair Vivienne Cox had purchased 1,086 ordinary shares in the FTSE 250-listed polymers business.
Poolbeg upbeat on research into potential drug market
Biopharmaceutical company Poolbeg Pharma announced findings from independent research confirming a substantial market opportunity exceeding $10bn for its drug candidate POLB 001 on Monday, in preventing cancer immunotherapy-induced cytokine release syndrome (CRS) through oral delivery.
Shawbrook owners reportedly mulling listing
The private equity owners of Shawbrook are reportedly seeking to revive plans for a flotation of the specialist savings and lending bank.
Macquarie in discussions to acquire TalkTalk wholesale arm
Australian bank Macquarie was said to be closing in on a deal to acquire the wholesale arm of British broadband provider TalkTalk.
Tertiary Minerals completes £0.38m fundraising
Tertiary Minerals announced the successful completion of a fundraising on Monday, raising £0. 38m before expenses to be used for its exploration activities.
Baron Oil reports latest progress at SundaGas subsidiary
Baron Oil updated the market on its operational activities at the TL-SO-19-16 production sharing contract (PSC) on Monday, offshore Timor-Leste.
Diamondback Energy to buy Endeavor in $26bn deal
US oil and gas company Diamondback Energy said on Monday that it has agreed to buy rival Endeavor Energy Resources in a $26bn deal.
Corcel confirms start of testing at Tobias-14 well
Corcel updated the market on the testing of the Tobias-14 (TO-14) well in Block KON-11 on Monday, located onshore in Angola, where it holds a 20% working interest.
Metals One releases promising diamond drilling results
Metals One released promising laboratory results on Monday, from its recent diamond drilling campaign at the R1 Hook target within the Rauta 9-11 licence area at the Black Schist Project in Finland.
TPXimpact ends third quarter in line with expectations
TPXimpact reported a positive performance in the December quarter in a trading update on Monday, aligned with its financial targets for the current financial year.
Amaroq kicks off fundraising of up to £30m
Southern Greenland-focussed gold and energy miner Amaroq Minerals reaffirmed its plans to conduct a placing and subscription to raise £30m on Monday, to expedite its exploration and development activities.
ECR Minerals shares jump on promising drill results from Creswick sample
ECR Minerals saw shares surged on Monday after the Australia-focused gold miner reported "promising" results from bulk sample testing at the Davey Road site of its Creswick asset.
Glencore to close unprofitable New Caledonian nickel mine
Mining and commodities giant Glencore has announced that it is calling time on its Koniambo Nickel SAS (KNS) mine in New Caledonia after having invested more than $4bn into the project over the past decade without seeing a return.
Anglo American signs MOU with Finnish Minerals Group
Anglo American and Finnish Minerals Group have signed a memorandum of understanding to work together to explore opportunities to further support Finland's battery strategy.
Good Energy to acquire Kent-based solar and storage business
Renewable energy group Good Energy has entered into a conditional binding agreement to acquire Kent-based solar and storage outfit JPS Renewable Energy for up to £13. 75m.
Block Energy launches farm-out process at Project III
Block Energy announced the start of the farm-out process for Project III on Monday, targeting the development of a gas resource in Georgia.
CyanConnode secures letter of award from JST Grouip
Radiofrequency mesh network specialist CyanConnode announced on Monday that it had secured a significant letter of award from its partner, the JST Group (JST).