News And Announcements
Shire surges on buy-out interest
Shares of Shire rocketed after Japanese rival Takeda Pharmaceutical said it was considering a buy-out of the company.
Amazon stock tumbles on report Trump wants 'to go after' the firm
Amazon stocks is sharply lower on Wednesday after Axios reported that Trump wants to "go after" the online giant, with one source describing the US president as "obsessed".
LoopUp Group expands into Australia
Remote meetings provider LoopUp Group announced its commercial expansion into the $275m Australian market on Wednesday, with the formal opening of its Sydney office.
Nex Group jumps as CME buyout rumours build
Nex Group shares popped higher as Square Mile anticipation grew that US exchange giant CME Group will confirm its takeover bid for the London-based trading platform provider.
Time Out set to open market in New York City
Media and entertainment business Time Out Group has signed a conditional lease agreement for a new Time Out Market in New York, it announced on Wednesday.
Blenheim's Cobalt granted fourth exploration licence in Cameroon
Investment company Blenheim Natural Resources confirmed the grant of a fourth exploration licence, the 460 square kilometre N'Golia East licence, by the Ministry of Mines in Cameroon, to a wholly owned subsidiary of Cobalt Blue Holdings on Wednesday.
Harvest Minerals clears Brazilian regulatory hurdle
Natural fertiliser producer Harvest Minerals announced on Wednesday that the application to register KPfértil, the company's multi-nutrient natural fertiliser, has been processed by the Ministry of Agriculture in Brazil, and that all questions and information requested have been provided.
Collagen Solutions to restructure New Zealand operations
Developer and manufacturer of biomaterials for the “enhancement and extension of human life”, Collagen Solutions, announced the proposed restructuring of its New Zealand operations on Wednesday.
AB Dynamics ends first half in line with expectations
Designer, manufacturer and supplier of advanced testing systems and measurement products AB Dynamics updated the market on its trading on Wednesday, in advance of announcing its interim results for the six months ended 28 February.
Facebook announces privacy settings overhaul after Cambridge Analytica scandal
Facebook has announced on Wednesday it will give users more control over their privacy settings in response to the data theft scandal which allegedly saw 50m users' personal used to influence the 2016 US elections.
Melrose and GKN trade final barbs as vote approaches
Melrose Industries and GKN engaged in a final public slanging match before a shareholder vote on the turnaround company's hostile bid for the FTSE 100 engineer.
Arbuthnot turns around in 2017 as underlying profit leaps 91pc
Arbuthnot Banking Group, the holding company for Arbuthnot Latham & Co and an 18. 6% shareholder in Secure Trust Bank, announced an increase in underlying profit of 91% in its results for the 2017 calendar year on Wednesday.
Premier Oil celebrates success in Mexico licensing round
Premier Oil has been awarded Block 30 in the Sureste Basin and Blocks 11 and 13 in the Burgos Basin, in Mexico's Round 3. 1 held in Mexico City on 27 March, it announced on Wednesday.
Air China flies higher as it looks to 'new era' of Chinese communism
Air China issued its annual results for the 2017 calendar year on Wednesday, with revenue rising 7. 71% to CNY 124. 03bn (£13. 93bn) year-on-year.
Legendary's Virtualstock collaborates with Previse on AI invoicing tech
Legendary Investments announced on Wednesday that its investee company, Virtualstock, has partnered with artificial intelligence-based instant supplier payment decision company Previse to deliver a fully-integrated purchase-to-pay supply chain system with cash on delivery for suppliers in the UK.
Ofcom confirms new broadband rules, won't regulate fastest Openreach fibre
Ofcom published its final statements on its reviews of a number of UK broadband regulations on Wednesday, confirming a package of measures it set out last month intended to drive investment into full-fibre broadband, as well as improve quality of service on the BT Openreach network.
Go-Ahead de-risks pension plan with switch to CPI increases
Go-Ahead Group announced on Wednesday that it and the trustee of its pension plan have agreed to change the reference inflation index for the purpose of annual increases to the majority of pensions payable by the plan.
FCA reviews Aviva's scrapped preference share plan
The Financial Conduct Authority is examining whether Aviva’s scrapped plan to buy back preference shares complied with rules on market abuse.
Hilton Food profit rises thanks to JVs, acquisitions
Food packing business Hilton Food posted a 13% jump in full-year profit on Wednesday as volumes increased, in part thanks to recent acquisitions and joint ventures.
Skybet fined £1m for failing to protect vulnerable consumers
The Gambling Commission has fined Skybet £1m for failing to protect vulnerable consumers.