News And Announcements
Wizz Air Sept passenger numbers up 91% vs 2020
Budget airline Wizz Air said September passenger numbers were up 91% year on year and flew 57% more seats year on year as the impact of the Covid-19 pandemic lessened.
BrandShield secures credit facility with Leumi Bank
Brand protection technology company BrandShield Systems has entered into an agreement with Leumi Bank to provide a revolving monthly recurring revenue (MRR) credit line facility of up to NIS 8m (£1. 8m), it announced on Monday.
UK troops start fuel deliveries to ease driver shortage crisis
British military truck drivers have started delivering fuel to petrol stations as the nation continued to grapple with low supplies at forecourts.
Bacanora reassures shareholders over proposed law in Mexico
Lithium development company Bacanora updated the market in light on new legislation around lithium mining announced by the government of Mexico on Monday.
Qualcomm, SSW to buy Veoneer in $4.5bn deal
Qualcomm said on Monday that it and New York-based investment partnership SSW Partners have agreed to buy automotive technology group Veoneer in a $4. 5bn cash deal.
Zoltav enters two new credit facilities
Russia-focussed oil and gas exploration and development company Zoltav updated the market on its plans to commercialise the eastern fields of the Bortovoy licence in Saratov on Monday, reporting that its wholly-owned subsidiary Diall Alliance has entered into two non-revolving credit facilities with PJSC Sberbank of Russia.
Volvo Cars to raise 25bn Swedish krona in Stockholm IPO
Swedish car maker Volvo Cars, which is owned by China’s Zhejiang Geely Holding Group, is planning to list on the Nasdaq Stockholm stock exchange as it looks to accelerate its shift towards full electrification.
Falanx rises on launch of new cybersecurity assessment tool
Cybersecurity and intelligence service provider Falanx Group announced the launch of its new cybersecurity assessment tool ‘Falanx Cyber Exposure Level (fCEL) on Monday.
Renewi ups full-year expectations, shares jump
Renewi upgraded its full-year outlook on Monday, sending its shares higher, after the recycling specialist saw volumes and prices rise during the first half.
Petrofac fined £77m for bribery offences, shares surge
Petrofac shares surged after the oilfield services provider said it has been fined £77m by Southwark Crown Court for seven offences of failing to prevent bribery in the Middle East between 2012 and 2015, drawing a line under the issue.
New Covid jab likely to be needed next year - BioNTech chief
The chief executive of BioNTech believes a new Covid-19 vaccine formulation will be needed by the middle of next year as the virus continues to mutate.
Croma trading ahead of forecasts as it inks deal with iLOQ
Security service provider Croma announced a new partnership with Finnish security firm iLOQ on Monday, as it confirmed that demand for its security services recently had been high.
Bradda Head Lithium engages drilling contractor for Wikieup
North America-focussed lithium development company Bradda Head announced on Wednesday that, as part of its fast-track development programme at its Arizona sedimentary assets, it had engaged drilling contractor Boart Longyear for a sonic drilling programme at the Wikieup project, starting early in the fourth quarter.
Botswana Diamonds renews two Sunland prospecting licences
Botswana Diamonds said on Monday that prospecting licences 232 and 235 of 2015, owned by its wholly-owned subsidiary Sunland Minerals, had recently been renewed.
Seed puts another £0.15m into London-based cannabidiol developer
Medicinal cannabis-focussed investor Seed Innovations has invested a further £0. 15m in South West Brands (SWB), it announced on Monday, which it described as a London-based company seeking to establish itself as a multi-brand consumer goods group developed specifically for the cannabidiol (CBD) industry.
Virgin Media O2 ups pressure on BT with Sky talks - report
Shares in BT Group came under pressure on Monday after pay-TV provider Sky was reported to be considering investing in Virgin Media O2's fibre rollout.
THG slumps after Goldman reportedly sells £180m worth of shares
THG, formerly The Hut Group, slumped on Monday after US investment bank Goldman Sachs reportedly cut its shareholding in the company by a third in recent days.
British Airways set to reverse axing of Gatwick flights
British Airways is set to reverse its decision to can short-haul flights at Gatwick, just two weeks after it announced its plans amid a battle with pilots.
CD&R wins race for UK supermarket chain Morrisons
US private equity group Clayton, Dubilier & Rice (CD&R) has won an auction for the UK supermarket chains Morrisons with a £7bn bid.
French Connection to be bought by consortium in £29m deal
Fashion retailer French Connection has agreed to be bought by a consortium for £29m.