News And Announcements
Decision on UK passport manufacturer delayed by two weeks
UK government delayed final decision on the manufacturer of the new British passports after UK company De La Rue received support for its complaints over the government's choice of France's Gemalto as their preferred bidder.
Shwarzenegger is back to torment banks in new FCA ads
He said he'll be back and, after prompting more consumers to apply for for PPI compensation, Arnold Schwarzenegger’s animatronic image has returned to front another ad campaign for the Financial Conduct Authority.
Fidessa receives two takeover offers that trump Temenos
Shares in Fidessa surged on Tuesday after the financial technology group said it has received approaches from two separate third parties who are considering making an offer that trumps the one made by Switzerland's Temenos in February.
1Spatial wins £1.6m contract with LPS in Northern Ireland
Geospatial software solutions company 1Spatial has been awarded a contract worth £1. 6m to provide its software and services to Land & Property Services(LPS) in Northern Ireland.
3i Infrastructure buys 50% of Dutch energy-from-waste group
3i Infrastructure has agreed to spend €201m on acquiring a 50% stake in Dutch waste treatment and disposal company Attero as part of joint buyout from its private equity parent.
Renew Holdings sees increased forward order book after in-line first half
AIM-listed engineering services group Renew Holdings said on Tuesday that it expects to report an increased forward order book at its interim results as first-half trading has been in line with its expectations.
Breedon buys Stoke-based mini mix concrete operator Staffs Concrete
AIM-listed construction materials group, Breedon, has bought Stoke-on-Trent based 'mini mix' concrete operator Staffs Concrete for an undisclosed sum.
Cuadrilla drills first UK shale well at Preston New Road, eyes fracking consent
Cuadrilla has completed drilling the UK’s first ever horizontal shale gas well at its exploration site at Preston New Road in Lancashire ahead of planned 'fracking' at the site.
FCA warns insurers to comply with renewal rules
The financial watchdog has warned it will clamp down on general insurance companies that fail to supply customers with pricing information or encourage them to shop around for a better deal.
Randgold says industrial action having 'some' impact on Tongon operations
Randgold Resources said on Tuesday that intermittent industrial action by the workforce of its mining subcontractor was having "some" impact on operations at its Tongon gold mine.
Flybe revenue to take a hit as bad weather forces nearly 1,000 flight cancellations
Flybe said on Tuesday that a surge in flight cancellations in the fourth quarter was likely to dent revenue by around £4m, but the regional airline sounded an upbeat note on its summer outlook.
Hornby in talks re financing facility, sales and profits drop
AIM-listed model train set maker Hornby said on Tuesday that it is in the final stages of discussions with its lender about a new financing facility.
AstraZeneca's leukaemia and breast cancer treatments make regulatory progress
AstraZeneca has reported regulatory progress in the US and Europe for treatments for a rare form of leukaemia and breast cancer.
Anglo American forced to suspend Brazilian pipeline after leaks
Anglo American suspended its Minas-Rio iron ore operation in Brazil after two pipeline leaks in last month caused concern about other areas of potential weakness.
Fox upgrades Sky News pledges and says Disney could buy news broadcaster
21st Century Fox has strengthened its commitments to Sky’s news funding and independence and has said Walt Disney is interested in buying Sky News whether or not Disney’s proposed acquisition of Fox goes ahead.
Spectris buys US-based Revolutionary Engineering for $19m
Spectris, a supplier of productivity-enhancing instrumentation and controls, has acquired US-based automotive test system and service provider, Revolutionary Engineering, for $19m.
Petrofac awarded EPC contract by Vedanta Limited
Petrofac has been awarded a lump-sum engineering, procurement and construction contract by Vedanta Limited valued at around $233m.
BGEO subsidiary buys land plot for hotel
BGEO's subsidiary, M2 Real Estate, has acquired an 8,512 square metre land plot in Telavi, Kakheti, for $1. 5m in cash, on which it plans to develop a hotel.