News And Announcements
Rio Tinto forms JV with China's Minmetals
Mining giant Rio Tinto said it was forming a joint venture with China's Minmetals to look for new mineral deposits in that country and then around the world.
UK taxpayer stuck with £148m bill after Carillion collapse
The UK taxpayer has been stuck with a bill of at least £148m courtesy of government contractor Carillion after its spectacular collapse in January with debts of £1. 5bn, the National Audit Office (NAO) said on Thursday.
4D Pharma to trial biotherapeutic candidate in combination with Merck's 'KEYTRUDA'
Clinical stage biopharmaceutical company 4D Pharma announced an agreement with a subsidiary of Merck Sharp & Dohme (MSD) on Thursday, to conduct a clinical trial evaluating the combination of ‘KEYTRUDA’ (pembrolizumab) - an anti-PD-1 therapy marketed by MSD - and 4D's live biotherapeutic candidate MRx0518 in patients with solid tumours.
Eddie Stobart in talks to buy logistics provider for £50m
AIM-listed Eddie Stobart said on Thursday that it is in talks regarding the potential acquisition of a logistics service provider for around £50m.
Sopheon talks up 2017 performance, says current year is on track
Business software provider Sopheon updated shareholders on its current operations on Thursday, as they gathered for its annual general meeting, saying that it was continuing to advance its strategy to be the “world's leading” provider of enterprise-class innovation management solutions.
Frontera reaches agreement with YA fund over financing
Oil and gas exploration and production company Frontera Resources Corporation updated the market on its corporate finance situation on Thursday.
Inland Homes sells Middx site in £95m land-and-build deal
Specialist brownfield land developer and housebuilder Inland Homes has sold its Brooklands College site in Ashford, Middlesex, to housing association A2Dominion, it announced on Thursday.
Blue Star investee Sthaler raises more money for pay-by-finger tech
Blue Star Capital announced on Thursday that one of its investee companies, Sthaler, has successfully raised £2m at a pre-new money valuation of £30m.
SolGold upbeat on latest exploration at Cisne
SolGold updated the market on exploration at its 100%-owned Cisne Project in Loja, Southern Ecuador on Thursday. - a prospect held in its subsidiary Green Rock Resources.
Sabien Technology awarded new contract by unnamed Scottish client
Sabien Technology Group, the manufacturer and supplier of M1G and M2G commercial boiler energy efficiency technologies, announced on Thursday that it has been awarded a new contract, as principal contractor and supplier for the installation of its M2G product, of £0. 15m.
TP Group confident after 'positive start' to 2018
Specialist services and engineering company TP Group updated investors on its trading on Thursday, saying that it had made a “positive start” to 2018, as its shareholders gathered for the annual general meeting.
CMC Markets expects Aussie broking deal to offset EU regulation
CMC Markets reported revenues and profits well ahead of City forecasts for the year to March as the online trading provider faces up to tighter regulations later in the summer.
Amazon joins BT and Sky as Premier League broadcaster
The final two Premier League broadcast packages have been purchased by BT and Amazon, with the latter company breaking BT and Sky’s stranglehold on the league’s broadcast rights.
Auto Trader accelerates as digital dealer finance adds new gear
Auto Trader pulled up to the City bumper with full year results as its efforts to control costs and develop new products allowed it to cope with a decline in new and used car deals.
Amazon elbows onto UK football broadcast rights scene with Premier League win
Amazon has elbowed its way into the UK football broadcast market as it and BT Group both won rights to show 20 matches per season in a final round of the Premier League TV rights auction.
Quadrise makes progress as it still pins hopes to Saudi Arabia project
Quadrise Fuels International updated the market on its recent business development activities on Thursday, saying it was progressing opportunities in the power, marine, upstream, petrochemical and refinery refuelling markets.
G3 Exploration makes strategic progress as revenues fall
Coal bed methane (CBM) specialist G3 Exploration issued its annual results for the year ended 31 December on Thursday, reporting revenue of $25. 7m, including revenue from discontinued downstream operations classified as assets held for sale, down from $29. 1m year-on-year.
Indonesia ordered to pay Avanti Comms $21m
Avanti Communications updated the market on its arbitration proceedings against the Indonesian Ministry of Defence on Thursday, confirming it was in line to receive a final award.
London Stock Exchange glitch delays market open
Trading on the London Stock Exchange was delayed as a technical glitch affected share price data on Thursday morning.
Mitie morphing powers up as results show early turnaround gains
Facilities management outsourcer Mitie impressed investors with full year results after what was a turbulent turnaround year.