News And Announcements
Echostar studying financing for improved Inmarsat bid
Echostar is discussing financing options for an improved bid for UK rival Inmarsat.
World Cup preview: Colombia v Japan, Poland v Senegal, Russia v Egypt
As the dust settles on the manic celebrations or commiserations that follow England’s opening match against Tunisia, Tuesday brings the final first round matches along with the hosts’ second match.
Google invests $550m in Chinese e-commerce JD.com
Google said it will buy $550m of shares in Chinese e-commerce company JD. com as part of a collaboration to expand the search behemoth's reach in South East Asia.
Deliveroo faces MP inquiry over hiring and working conditions of couriers
Deliveroo couriers's hiring and pay conditions face scrutiny from MPs in the latest gig economy legal case.
Proactis pushes new brand identity across group
Spend management and business-to-business e-commerce company Proactis unveiled its new brand identity on Monday, which it said was designed to signify a higher level of engagement with customers, and help them leverage its technology solutions and expertise.
Ingenta signs reseller deal with Athens Technology Center
Content solutions technology provider Ingenta announced a value-added reseller partnership with Greece-based Athens Technology Center on Monday, which it said extended the breadth of solutions that it could offer to new and existing customers, and expand its product reach.
Connemara Mining pleased with latest results from Stonepark drilling
Irish gold and zinc exploration company Connemara Mining announced results from hole G11-2638-01 at the Stonepark Zinc Project on Monday, which was drilled into a key area of known high-grade mineralisation on the presumed eastern edge of the recently-announced maiden inferred mineral resource estimate.
Audioboom going all-out with crime podcasts, signs deal with A+E
Commercial podcasting producer and platform provider Audioboom Group updated the market on its ‘Audioboom Originals Network’ on Monday, announcing the launch of new, higher margin owned shows.
N4 Pharma makes solid progress with Nuvec programme
Specialist pharmaceutical reformulation company N4 Pharma updated the market on its ‘Nuvec’ programme on Monday, in respect of the delivery of DNA/RNA.
Volex returns to full profitability amid challenging market
Power and data cabling company Volex issued its preliminary results for the year ended 1 April on Monday, reporting a small improvement in revenue to $322. 4m from $319. 6m a year earlier.
Pub sales benefit from better weather, restaurants not
Sunnier weather helped herd more people into pubs last month, though the restaurant sector saw sales continue to wilt.
Conygar Investment agrees to forward-sell Anglesey hotel
Property investment and development group, Conygar Investment Company, has exchanged contracts to forward-sell its 80-bedroom hotel at Parc Ciby in Anglesey to IM Properties, inn a deal that will see it pocket £6. 9m.
Vostok puts $15m into Mexican SME lending platform Konfio
Vostok Emerging Finance announced a $15m investment into Mexican online small business lending platform Konfio on Monday.
Impact Healthcare signs £50m facility with Metro Bank
Impact Healthcare REIT has signed a new £50m five year loan facility with Metro Bank, it announced on Monday.
Greatland Gold begins first exploration campaign at Black Hills
Precious and base metals exploration and development company Greatland Gold has commenced its first exploration campaign at its 100%-owned Black Hills licence in the Paterson region of Western Australia, it announced on Monday.
Yew Grove exchanges contracts on Dublin office buildings
Yew Grove REIT has exchanged contracts to acquire the One and Three Gateway office buildings, which are situated on the East Wall Road in Dublin 3, for an agreed price of €29m, it announced on Monday.
Idorisa initiates phase 3 study of clazosentan
Idorsia is initiating a Phase 3 study, REACT, to investigate the efficacy and safety of ‘clazosentan’ for the prevention of clinical deterioration due to vasospasm-related delayed cerebral ischemia in patients following an aneurysmal subarachnoid hemorrhage, it announced on Monday.
Rio Tinto talks up Pilbara iron ore at Perth presentation
Rio Tinto talked up its Pilbara operations in a presentation to investors and analysts in Western Australia on Monday, with the company explaining that its iron ore business was set to develop “greater flexibility” across its system of mines, railways and ports in the Australian state.
South32 to buy outstanding stake in Arizona Mining for $1.3bn
Australian mining and metals company South32, which was spun off from BHP Billiton, has agreed to buy the remaining 83% of Arizona Mining that it does not already own for $1. 3bn in cash.
Angling Direct buys Preston-based Ted Carter Fishing Tackle
AIM-listed fishing and tackle and equipment retailer, Angling Direct, has bought Ted Carter Fishing Tackle for £125,000 in cash plus stock at valuation.