Company News
Tuesday preview: China rate decision, Barclays in focus
Investors' focus on Tuesday will be on the People's Bank of China's interest rate decision overnight.
EU to probe TikTok over potential online breaches
The European Union is investigating whether social media platform TikTok has breached online content rules around child safety and whether it encourages addictive behaviour.
Director dealings: Poolbeg Pharma co-founder ups stake
Poolbeg Pharma revealed on Monday that chairman Cathal Friel had acquired 830,000 ordinary shares in the AIM-listed biopharmaceutical company.
Atome raises £1.8m to expedite Villetta Project
Green fertiliser specialist Atome has raised £1. 8m before expenses, it announced on Monday, to expedite its Villetta Project in Paraguay.
BP Marsh reports strong year of trading
Venture capital investor BP Marsh reported several significant milestones in a trading update on Monday, having disposed of three investments in the financial year just ended for a total upfront cash consideration of £93. 3m.
Phoenix Copper agrees equipment purchase, loan refinancing
Phoenix Copper updated the market on the acquisition of equipment for its Empire open-pit mine in Idaho on Monday, along with the refinancing of its short-term loan facility.
Currys shares surge as Elliott, JD.com circle UK retailer
Shares in Currys surged more than 35% on Monday after US private equity firm Elliott Advisors and China ecommerce giant JD. com on Monday confirmed they were considering separate bids for struggling British electrical retailer.
Anglo American Plats says 4,300 jobs at risk as metal prices fall
Anglo American Platinum said it was starting a restructuring that could affect more than 4,300 jobs due to lower prices, higher costs amid a global economic slowdown.
Oracle Power launches environmental assessment for Pakistan project
Oracle Power and its joint venture company Oracle Energy announced the start of an environmental and social impact assessment (ESIA) for their renewable power plant project in Jhimpir, Sindh Province, Pakistan on Monday.
LSEG owner said to be plotting multimillion pound pay rise for CEO
The owner of the London Stock Exchange Group is reportedly plotting a multimillion pound pay rise for its chief executive.
Restructure could see Esken lose control of Southend Airport
The company formerly known as Stobart Group could give up control of London’s least-busy commercial airport, it emerged on Monday, as part of a possible restructuring with creditors.
Genedrive set to apply for NICE EVA funding
Genedrive shares rose on Monday, on the launch of the NICE early value assessment (EVA) evidence generation funding call, backed by the National Institute for Health and Care Research (NIHR).
SpaceandPeople FY revenues seen 'slightly above' expectations
Promotional and brand experience specialist SpaceandPeople revealed on Monday that it had put on a "strong" second-half performance, putting total full-year revenues "slightly above" market expectations.
CAP-XX chooses not to pursue Maxwell case appeal
Supercapacitor design and energy management specialist CAP-XX updated the market on Monday, following the Delaware District Court's ruling on 29 January favouring Maxwell Technologies in a patent infringement lawsuit initiated by CAP-XX.
Kefi Gold announces significant discovery in Saudi Arabia
Kefi Gold and Copper unveiled a significant discovery in Saudi Arabia's Hawiah district on Monday, marking the third copper-gold-zinc-silver deposit found in the area by its joint venture Gold & Minerals (GMCO).
Transense reports robust first-half growth
Transense Technologies reported robust first-half growth in its interim results on Monday, with revenue climbing 10% year-on-year to £1. 81m.
Trident Royalties agrees new $40m revolving credit facility
Trident Royalties announced an agreement with BMO Capital Markets and CIBC on Monday, for a newly-structured $40m revolving credit facility (RCF), with the option to increase its size to $60m through an accordion.
Polymetal to sell Russian business for $3.7bn
Polymetal International said on Monday that it has agreed to sell its Russian business to Russian precious metals miner Mangazeya Mining for around $3. 69bn.
AstraZeneca's Tagrisso gains FDA approval
Drugmaker AstraZeneca traded higher early on Monday after revealing that a combination of its cancer drug Tagrisso with chemotherapy had gained US approval to treat a particular type of lung cancer.
Hipgnosis Sogns Fund launches legal claim over indemnity
Hipgnosis Songs Fund updated the market on its pursuit of an indemnity from its founder Merck Mercuriadis on Monday, as well as Hipgnosis Songs Management Limited, the investment adviser majority-owned by funds linked to Blackstone.