News And Announcements
Office chain to close 100 stores as it plans CVA
The shoes chain Office owned by Truworths International is set to close 100 stores in the UK and hired advisers to draw up plans for a voluntary arrangement for restructuring.
Pret A Manger boss Clive Schlee to step down in September
Pret A Manger said on Monday that Clive Schlee will step down as chief executive officer at the end of September after 16 years in the role.
RA International wins $7.8m project with humanitarian organisation
Support services provider RA International has been awarded a new contract by an unnamed global humanitarian organisation to supply and install modified shipping containers as accommodation and offices in an East African country, it announced on Monday.
Condor Gold awarded adjacent concession at La India
Condor Gold announced on Monday that the Ministry of Energy and Mines of Nicaragua (MEM) has officially notified it of the grant of a 25-year exploration and mining concession over a 132. 1 square kilometre area to the northwest of La India Project, called the Cerro Los Cerritos concession.
Serinus Energy makes good operational progress in Romania and Tunisia
Serinus Energy updated the market on its operations on Monday, reporting that in Romania, the commissioning of the Moftinu gas plant had proceeded as planned with a 30 June daily production exit rate of 10. 3 million standard cubic feet per day (mmscf/d), with condensate production above expectations and minimal water production within expectations.
Renalytix AI prepares for US roll-out with CPT code
Artificial intelligence-based kidney disease clinical diagnostics developer Renalytix AI announced on Monday that the American Medical Association (AMA) has granted a ‘CPT Proprietary Laboratory Analyses’ (PLA) code for its lead product, ‘KidneyIntelX’.
Apple shares poised to surge if trade war ends - Wedbush
Shares in Apple could rise by as much as $25 if talks to end the bitter trade war between the US and China prove successful, Wedbush Securities believes.
Applied Materials to buy Japan's Kokusai Electric for $2.2bn
Chip-making equipment supplier Applied Materials has agreed to buy Japan's Kokusai Electric from investment firm KKR for $2. 2bn in cash.
Brussels launches probe into Spanish aid for Peugeot
The European Commission will investigate if Spain broke state aid rules with a €21m grant awarded to French car giant Peugeot.
Hurricane Energy plugs and abandons Warwick Deep well
Shares in Hurricane Energy slumped on Monday after the company said it had decided to plug and abandon its Warwick Deep well off the west coast of the Shetland Islands.
Science Group surprises Frontier Smart Technologies with sweetened offer
Science Group said on Monday that it was lifting its offer for Frontier Smart Technologies to 35p a share.
Lekoil announces Green Energy joint venture at Otakikpo
Nigeria and West Africa-focussed oil and gas exploration and development company Lekoil announced the Otakikpo joint venture between Green Energy International and itself on Monday.
Cluff seeking farm-out partner at Dewar Prospect
Natural resources investing company Cluff Natural Resources updated the market on the commercial feasibility of the Dewar Prospect and the farm-out process on licence P2352 on Monday.
Bank of Georgia secures $10m loan with EFSE
Bank of Georgia subsidiary JSC Bank of Georgia has entered into a $10m subordinated loan agreement with the European Fund for Southeast Europe.
Antofagasta confirms death of 34-year veteran director Menendez
Antofagasta on Monday confirmed that long-serving non-executive director Gonzalo Menendez passed away over the weekend following a period of illness.
San Leon upbeat on 20-year extension to Nigeria licence
San Leon Energy announced on Monday that Eroton, the operator of the OML 18 licence, onshore Nigeria, has received a 20-year licence renewal for OML 18.
PureTech's Vedanta Biosciences enrols first patient in food allergy treatment study
Biopharmaceutical company PureTech Health noted on Monday that its affiliate Vedanta Biosciences had enrolled the first patient in the phase 1b and 2 clinical study of ‘VE416’.
AstraZeneca wins EMA backing for Fasenra and Forxiga changes
AstraZeneca on Monday received positive opinions on changes to the delivery and marketing of two of its products from the European Medicines Agency's Committee for Medicinal Products for Human Use (CHMP).
Block Energy strikes storage deal with Georgian state oil company
Georgia-focussed exploration and production company Block Energy has entered into an oil storage leasing agreement with the state-owned national oil company of Georgia, Georgian Oil and Gas Corporation (GOGC), it announced on Monday.
SThree COO Justin Hughes steps down
Specialist staffing company SThree said on Monday that chief operating officer Justin Hughes has stepped down with immediate effect after 25 years at the company.