Company News
Fulcrum Metals extends date for sale of uranium assets
Fulcrum Metals announced an extension to the completion date for the proposed sale of its Saskatchewan uranium projects to Terra Balcanica Resources on Friday.
Hummingbird announces restart at Kouroussa
Hummingbird Resources announced the remobilization of Corica Mining Services at the Kouroussa Gold Mine in Guinea on Friday, after a work stoppage on March 17.
First Property warns of loss in year just ended
First Property Group said in an update on Friday that its underlying trading profits for the year ended 31 March were expected to align with market forecasts.
PipeHawk subsidiary awarded £0.75m contract
PipeHawk announced on Friday that an unnamed building materials company had awarded its subsidiary QM Systems a significant contract.
Ethernity inks investment deal with New Tech Capital
Network processing semiconductor technology specialist Ethernity Networks announced a structured investment agreement with New Technology Capital Group (New Tech) on Friday.
CMA drops investigation into Microsoft-Mistral AI partnership
The Competition and Markets Authority (CMA) announced on Friday that the partnership between Microsoft and Mistral AI did not qualify for a full investigation under the merger provisions of the Enterprise Act.
Chrysalis confident in Wefox despite reports of insolvency risk
Chrysalis Investments addressed recent media coverage concerning its portfolio company, Wefox on Friday, after Sky News reported that the European insurer had warned of an insolvency risk.
Drilling to start on Oracle's Northern Zone project
Oracle Power announced on Friday that drilling is set to start next week at the Northern Zone Gold Project, 25 kilometres east of Kalgoorlie in Western Australia.
The Body Shop administrators to put retailer up for auction
The Body Shop administrators will put the chain up for auction after concluding that an alternative restructuring of the high-street retailer would not be viable.
Petra Diamonds reports mixed results from latest tender
Petra Diamonds announced the results of its sixth tender for the 2024 financial year on Friday, revealing a mixed performance in its rough diamond sales.
FRP Advisory FY profits seen ahead of expectations
Business advisory firm FRP Advisory said on Friday that both full-year revenue and profits were set to come in ahead of expectations, leaving the group confident for the year ahead.
Sainsbury's enters five-year AI partnership with Microsoft
J Sainsbury announced a five-year partnership with Microsoft on Friday, aimed at enhancing customer and colleague experiences through artificial intelligence (AI).
Land Securities nearly halves FY losses
Commercial properties business Land Securities said on Friday that losses had nearly halved in the twelve months ended 31 March amid continued operational strength, as values for best assets began to stabilise.
Renold renews partnership with British Cycling
Renold said on Friday that it has renewed its partnership with British Cycling for a further three years.
GSK raises £1.25bn from sale of remaining Haleon stake
GSK said on Friday that it has sold its remaining 4. 2% stake in consumer health business Haleon, which it spun off in July 2022.
Unilever licks off first tranche of share buyback programme
Unilever announced the start of its €1. 5bn share buyback programme on Friday, kicking off the first tranche of up to €850m worth of shares.
Sirius Real Estate raises €59.9m in bond tap for acquisitions
Business park owner Sirius Real Estate said it had raised €59. 9m through a bond note issue to fund a “significant pipeline” of potential acquisitions.