News And Announcements
Stagecoach to trial UK's first full-sized driverless bus
Stagecoach will trial a full-sized driverless bus for the first time later this year, following successful tests of driverless pods in Greenwich.
Director dealings: New Dunelm boss picks-up more shares near multi-year lows
Recently-appointed Dunelm boss Nick Wilkinson doubled his holdings in the furniture retailer's stock at the end of last week, even as its shares were trading just above the multi-year lows plumbed just a handful of sessions before.
IWG suitors get deadline extension as Prime Opportunities drops out
IWG said on Monday that its suitors - TDR Capital, Terra Firma and Starwood - have been given more time to make an offer for the serviced office group.
Halliburton stock in red as it posts second-quarter numbers
Shares in US oilfield services giant Halliburton fell in early trading, despite second-quarter revenues narrowly beating market expectations.
Tesla asks suppliers for cash to reduce costs and turn a profit
Tesla shares were down 3. 7% on Monday after the Wall Street Journal reported that the electric car maker was asking suppliers for cash, to help it turn a profit.
Ryanair analysts supportive amid turbulence - for now
Ryanair’s 20% fall in first-quarter profit left analysts largely supportive. Most kept faith with the budget airline, arguing its low-cost, high volume model would emerge intact from turbulence as in the past. But others thought they detected signs of more fundamental problems for the Dublin-based company's business.
SDX makes gas discovery on Egypt well
North Africa-focussed oil and gas company SDX Energy announced on Monday that a gas discovery has been made at its SD-3X well in the South Disouq Concession in Egypt, where it holds a 55% working interest as the operator.
Keras given permission for bulk sampling programme at Nayega
Mineral resource company Keras Resources announced on Monday that, as a “critical step” in the exploitation permit approval process, it has been granted permission to undertake a bulk sampling metallurgical testwork programme at the Nayega Manganese Project in northern Togo.
Serabi Gold pleased with second quarter progress
Brazil-focussed gold mining and development company Serabi Gold reported gold production of 9,563 ounces for the second quarter of 2018 at its Palito Complex high grade gold operation in the Tapajos region of Para State, Northern Brazil on Monday.
Sound Energy brings Schlumberger directly onto Morocco portfolio
Morocco-focused upstream gas company Sound Energy announced on Monday that, following its initial success in eastern Morocco and in anticipation of the forthcoming drilling programme, the start of the process of converting the existing 27. 5% synthetic interests held by an affiliate of Schlumberger Oilfield Holdings in the Tendrara Lakbir permits, the Anoual permits and the Matarka reconnaissance licence into 27. 5% joint venture licence participating interests in the Eastern Morocco contract area.
Velocys raising £6m to fund ongoing development
Renewable fuels company Velocys announced on Monday that it intends to raise £6m gross by way of a placing.
Government to spend up to £5bn on broadband for rural Britain
The government has said it will spend up to £5bn to bring full-fibre broadband to all parts of Britain by 2033.
Hays chairman Alan Thomson passes away
FTSE 250 recruiter Hays said on Monday that chairman Alan Thomson has passed away following the rapid deterioration of a medical condition.
Fiat Chrysler CEO Marchionne steps down due to ill health
Shares in Fiat Chrysler fell on Monday after the company said over the weekend that chief executive Sergio Marchionne would not be returning due to complications following surgery.
Shell enters Mauritanian offshore with production sharing contracts
Shell on Monday signed two production-sharing contracts with the government of Mauritania for the exploration and potential future production of hydrocarbons in two offshore blocks.
Barclays plans 2,500 new jobs in Glasgow tech hub
Barclays is set to create up to 2,500 jobs at its new Glasgow tech hub, doubling its current workforce in Scotland.
SThree interim profit jumps as Continental Europe, US perform well
Recruiter SThree posted a jump in interim profit on Monday as the US and Continental Europe put in solid performances.
CyanConnode gets new 10,000 unit order for India
Narrowband radio mesh network technology company CyanConnode announced the receipt of a purchase order from Larsen & Toubro for its ‘Optimal’ technology on Monday, for 10,000 smart metering units in India.
Roche gets CE mark for 'Accu Chek Solo' insulin micropump
Roche has received a CE Mark for its ‘Accu Chek Solo’ micropump system, it announced on Monday.
Anglo American Platinum buys Glencore out of Mototolo joint venture
Anglo American Platinum announced on Monday that its wholly-owned subsidiary, Rustenburg Platinum Mines, has signed a sale-and-purchase agreement with Glencore Operations South Africa to purchase its 39% interest in the Mototolo joint venture.