Company News
Director dealings: Challenger Energy chairman ups stake
Challenger Energy revealed on Monday that chair Iain McKendrick had acquired 35. 45m ordinary shares in the AIM-listed oil and gas company.
Maersk no longer interested in bidding for DB Schenker
Shipping giant Maersk rallied on Monday after saying it was no longer interested in bidding for DB Schenker, the logistics unit of Deutsche Bahn.
Harland & Wolff shares suspended after accounts delay
Shares in Harland & Wolff are to be suspended temporarily after the shipbuilder failed to publish its annual results on time.
Tuesday preview: French election deadline, US Jolts report in focus
France will continue to be front and centre on investors' minds on Tuesday, ahead of the deadline for candidates in roughly 311 of the country's 557 constituencies to announce whether or not they will stand in the second round of elections on 7 July.
Helium One reports progress at Rukwa project
Tanzania-focussed helium explorer and developer Helium One Global updated the market on operations at its Rukwa project on Monday, where preparations were underway for an extended well test (EWT) at the Itumbula West-1 (ITW-1) site.
Meta accused of breaching EU rules with new ad model
Facebook's parent company, Meta, was facing allegations from European Union regulators of breaching the bloc's strict competition rules on Monday, through its ad-supported subscription service introduced for Facebook and Instagram in Europe last year.
Unite calls off Port Talbot strike
Works union Unite has called off a strike planned for 8 July in order to allow enter further discussions regarding the future of Britain's largest steel works at Port Talbot, Wales.
Verici Dx reaches Thermo Fisher collaboration milestone
Verici Dx, a developer of advanced clinical diagnostics for organ transplants, announced a significant milestone achievement under its agreement with Thermo Fisher Scientific on Monday.
Chewy shares surge as Roaring Kitty takes 6.6% stake
Chewy shares surged in pre-market trade on Monday after it emerged that meme stock trader Roaring Kitty has taken a 6. 6% stake in the company.
Sareum announces positive results from kinase inhibitor trial
Sareum Holdings announced positive topline results from its phase 1a clinical trial of SDC-1801, a dual TYK2/JAK1 kinase inhibitor under development for treating autoimmune diseases.
Boeing to buy Spirit Aerosystems in $4.7bn deal
Boeing said on Monday that it has agreed to buy Spirit AeroSystems in a $4. 7bn all-share deal.
Feedback secures contract with Queen Victoria Hospital
Clinical infrastructure business Feedback has scored a contract with the Queen Victoria Hospital to provide its Bleepa Community Diagnostics Centre solution.
Vivendi settles long-running dispute with institutional investors
French media conglomerate Vivendi announced the resolution of a long-running legal dispute on Monday, concerning financial communications from the early 2000s.
Rainbow Rare Earths raises $10m through Ecora Resources partnership
Rainbow Rare Earths has raised $10m through a royalty agreement with Ecora Resources and a share placing that will allow it to complete a definitive feasibility study (DFS) for its Phalaborwa project in South Africa.
Seb James stepping down as Boots managing director
Walgreens Boots Alliance announced on Monday that Sebastian James, managing director of Boots, had decided to leave the company to pursue a new role in the healthcare sector.
Air France-KLM warns of revenue pressure from Paris Olympics
Air France-KLM Group warned of revenue pressure over the summer on Monday, as a direct result of the Paris Olympic Games.
Greatland Gold appoints Dean Horton as new finance chief
Greatland Gold announced the appointment of Dean Horton as its new chief financial officer on Monday.
SigmaRoc enters partnership to repurpose quarry spoil
SigmaRoc announced a 10-year strategic alliance with Duo Group on Monday, to produce and sell sustainable limestone aggregates in the UK, a move projected to generate over £150m in incremental revenue while reducing environmental impact through the repurposing of limestone quarry waste.
Porvair H1 profits slightly lower, headline revenues rise
Environmental technology business Porvair said on Monday that profits had moved slightly lower in the six months ended 31 May despite seeing a modest uptick in headline revenue throughout the period.
BlackRock snaps up UK data provider Preqin for £2.6bn
BlackRock is to take over UK data provider Preqin in a $3. 2bn (£2. 55bn) deal as the American investment giant expands further into the fast-growing private markets data segment.