News And Announcements
Proactis teams up with GB Group to support payment facility onboarding
Spend management and e-commerce solution provider Proactis Holdings has signed a supply agreement with identity management specialist GB Group to support the delivery of its ‘Accelerated Payment Facility’ (APF), it announced on Wednesday.
Verditek inks collaboration deal with Optimeyes Energy
Verditek announced on Wednesday that it had signed a framework agreement with Optimeyes Energy, to advance commercial opportunities jointly.
DS Smith extends chair Gareth Davis' term to January 2021
Packaging company DS Smith said on Wednesday that it has extended Gareth Davis' term as chairman to 3 January 2021.
Itaconix offloads stake in Danish nicotine gum firm
Sustainable specialty polymers company Itaconix announced the sale of its holdings in privately-held Danish nicotine gum company Alkalon on Wednesday.
Benchmark in talks to take over Chile joint venture
Aquaculture health, nutrition and genetics company Benchmark Holdings updated on its joint venture with Chilean breeding and genetics partner AquaChile on Wednesday.
Alba Mineral Resources pleased with results from recent soil sampling
Diversified mineral exploration and development company Alba Mineral Resources reported the second set of results from its 2019 soil sampling campaign at its 107 square kilometre licence area in North Wales on Wednesday.
Vectura trading in line, mulling capital returns
Vectura confirmed on Wednesday that its outlook remains in line with guidance for the full year as it said it was considering returning some capital to shareholders.
EPE Special Opportunities appoints Clive Spears as new chairman
EPE Special Opportunities appointed Clive Spears as its non-executive chairman, it announced on Wednesday, following the death of the previous chairman, Geoffrey Vero.
XLMedia shifting focus to higher-margin publishing
Digital performance marketing services provider XLMedia told shareholders on Wednesday that it was continuing to trade in line with management expectations, with a firm focus on increasing its exposure to higher margin publishing activities.
Stobart swings to full-year loss but revenue rises
Southend airport owner Stobart Group said on Wednesday that it swung to a full-year loss, partly on the back of legal fees, but revenue rose thanks to an improvement in its two core operating businesses.
Telford Homes profit drops as it focuses on build to rent developments
Residential property developer Telford Homes posted a drop in full-year pre-tax profit on Wednesday as it increased its focus on lower margin build to rent developments.
Trade war could hit financial stability, warns ECB
The European Central Bank warned on Wednesday that weaker-than-expected growth and a possible escalation of trade tensions could trigger further falls in asset prices.
CMA launches investigation into NSF-Provident Financial deal
The Competition and Markets Authority has launched an investigation into whether Non-Standard Finance’s proposed £1. 3bn takeover of larger doorstep lender Provident Financial would lessen competition for consumers.
Aldi and Lidl continue to eat away at 'big four's' market share, Kantar says
Consumer spend on groceries held up well over the last few months, as shoppers continued to file their way towards discounters Aldi and Lidl even though temperatures failed to match 2018's record highs, the results of a closely-followed survey revealed.
ArcelorMittal to cut European steel production further
ArcelorMittal said on Wednesday that it was cutting steel production across Europe again as it continues to be hit by weak market demand and high import levels.
Development and depreciation see easyHotel swing to interim loss
Budget hotel owner, developer and operator easyHotel reported a 25. 3% improvement in total system sales in its interim results on Wednesday, to £20. 2m.
Avation delivers new ATR aircraft to Cebu Pacific in Toulouse
Commercial passenger aircraft leasing company Avation announced on Wednesday that it has delivered a new ATR 72-600 turboprop aircraft to Philippines airline Cebu Air, trading as Cebu Pacific, at the manufacturer's facility in Toulouse, France.
Bluejay Mining announces 'significant' resource increase
Bluejay Mining announced a “significant” resource increase, including a maiden exploration target for the offshore region within its licence area at Dundas Ilmenite Project, in an update to the market on Wednesday.
Conroy Gold upbeat after drilling at Slieve Glah
Ireland and Finland-focussed gold exploration and development company Conroy Gold and Natural Resources reported the completion of a 600m drilling programme on its Slieve Glah gold target in the Longford–Down Massif in Ireland on Wednesday.
ValiRx losses widen as it continues to progress drug development
Life science company ValiRx reported a loss before income tax of £4. 83m in its final results on Wednesday, widening from the £3. 55m loss it posted a year earlier.