News And Announcements
World Cup Preview: Denmark v Australia, France v Peru, Argentina v Croatia
With teams starting to be eliminated from the tournament, World Cup 2018 is fast approaching crunch time, and Thursday has some truly mouthwatering fixtures on offer.
TBC Bank scores £37m loan facility in Georgia
TBC Bank Group strengthened its position in SME lending as its subsidiary JSC TBC Bank on Wednesday agreed a loan facility of 120m Georgian lari (£37m) with the Black Sea Trade & Development Bank.
Disney makes fresh bid for Fox, sending Sky higher
Sky shares spiked on Wednesday as 21st Century Fox agreed a new deal for Disney to acquire most of its entertainment assets.
ClearStar integrates mobile drug testing solution with Abbott Laboratories
Background check technology and service provider ClearStar announced on Wednesday that its ClearMD mobile drug testing solution was now integrated with Abbott Laboratories.
Infrastructure India agrees $6m increase to its bridging loan facility
Infrastructure investment fund Infrastructure India has agreed to a $6m increase to its existing $34m unsecured bridging loan facility, it announced on Wednesday.
WPP to sell stake in NYSE-listed Globant
WPP is selling its 18. 7% stake in New York-listed digital specialist Globant as its looks to focus the business after the controversial exit of ex-boss Sir Martin Sorrell.
Genedrive and partners awarded grant for development of new test
Near-patient molecular diagnostics company Genedrive announced the receipt of a multi-partner grant award from the UK National Institute for Health Research's Invention for Innovation programme on Wednesday, for the development and implementation of a point-of-care pharmacogenetic test to avoid antibiotic-related hearing loss in newborn children.
Mporium talks up performance of its tech at Samsung launch
Event-driven marketing technology firm Mporium Group announced on Wednesday that its proprietary IMPACT technology was used to deliver “high levels of performance” across the Samsung S9 phone launch campaign, as well as being part of further, ongoing campaigns for the global brand.
BT fined £77k after sending five million spam emails
BT has been hit with a £77,000 fine after sending almost five million spam emails to customers who had not given their consent for such marketing, it was revealed on Wednesday.
32Red slapped with £2m fine for failing to protect a customer
The Gambling Commission has slapped a £2m fine on gambling business 32Red for failing to protect one of its customers.
Shell to offload Norwegian assets to Okea
Royal Dutch Shell has reached an agreement with Norwegian oil company OKEA to sell its stakes in the Draugen and Gjøa oil field to the Scandinavian firm for NOK 4. 52bn.
Ford and Volkswagen in talks about strategic alliance
Carmakers Ford and Volkswagen have begun to explore a strategic alliance to strengthen both companies’ competitiveness and develop a range of commercial vehicles.
Berkeley sees lower profit after performance peaks
Berkeley Group said it expected profit to fall by 30% in its current financial year as the benefits of buying land at low prices fade for the London-focused housebuilder.
Elektron Technology's Bulgin sees 'significantly stronger' order book
Shareholders in Elektron Technology were told of how the Bulgin division’s order book was “significantly stronger” than a year ago on Wednesday, as they gathered for the annual general meeting.
Long winter a boon for Wynnstay's feed division
Wynnstay posted what it called an “encouraging” set of first half results on Wednesday, explaining that they reflected a continuing recovery in farmgate prices across the agricultural sector as farmer confidence returned.
Earnings suffer in year of change for Immunodiagnostic Systems
Immunodiagnostic Systems reported a 5% fall in revenue for the year to 31 March in its final results on Wednesday, to £37. 9m.
African Battery losses widen slightly in first half
African Battery Metals reported an interim loss of £0. 79m on Wednesday, slightly wider than the £0. 78m loss it posted at the same time last year, resulting in a loss per share of 0. 01p, narrowing from 0. 04p.
Northbridge raises £2.5m to pay Tasman Oil Tools deferred consideration
Industrial services and rental company Northbridge Industrial Services announced a placing of two million ordinary shares on Wednesday, to raise £2. 5m gross at a price of 125p per placing share with existing institutional shareholders.
Deltex to focus on getting tech into more hospitals
Investors in oesophageal doppler monitoring technology company Deltex Medical Group heard how its technology was solving problems increasingly faced by hospitals on Wednesday, as they gathered for its annual general meeting.
China Nonferrous subsidiary signs mining contract with LLC Wenjian
Mineral exploration and mining company China Nonferrous Gold announced on Wednesday that its subsidiary LLC Pakrut has signed a contract for the first-stage mining project with Wenjian Limited Liability Company.