News And Announcements
UK construction sector rocked by shortages
The UK construction sector’s recovery stalled last month, a closely-watched survey showed on Wednesday, as higher prices, staff shortages and supply chain disruptions hit home.
Ariana reports positive drilling results from Venus earn-in
Europe-focussed mineral exploration and development company Ariana Resources announced recent drilling results from the Kokkinoyia sector of the Magellan project on Wednesday, which is wholly owned by Venus Minerals.
Manolete Partners performs 'well' despite UK insolvency measures
Insolvency litigation financing company Manolete Partners said it performed “well” in its first half on Wednesday, despite the period covering the final six months of the UK government’s temporary Covid-19 measures under the Corporate Insolvency and Governance Act 2020.
Ferrexpo iron ore pellet production grows in Q3
Mining company Ferrexpo said on Wednesday that iron ore pellet production had grown in the third quarter.
PageGroup upgrades FY operating profit guidance
Recruiter PageGroup lifted its guidance for full-year operating profit on Wednesday as it reported a jump in third-quarter gross profit.
Edenville reports progress at Rukwa coal project
Edenville Energy updated the market on its Rukwa Coal Project in south west Tanzania on Wednesday, reporting that after its £2. 475m capital raise in May, it had been focussed on preparing the site to meet expected demand for Rukwa coal.
Palantir elbows out BAE Systems and Raytheon for U.S. Army contract
Palantir elbowed out Raytheon and BAE Systems to clinch a contract with the U. S. Army to refresh part of the core of its intelligence network.
President Energy announces debt-to-equity conversion
South America-focussed hydrocarbon exploration and production company President Energy announced the conversion of debt into equity on Wednesday.
Netcall revenue rises 8pc in full year
Automation and customer engagement software company Netcall reported an 8% improvement in revenue in its final results on Wednesday, to £27. 2m, as revenue from its cloud business grew 26% to £8. 3m.
Water Intelligence wins new national US account
Leak detection and remediation technology company Water Intelligence announced the launch of a new national account channel for its American Leak Detection (ALD) subsidiary on Wednesday.
Russia to boost gas supplies to Europe - report
Russia is to set to boost gas supplies to Europe amid soaring wholesale prices, it was reported on Wednesday.
Boston Scientific to buy Baylis Medical for $1.75bn
Boston Scientific has agreed to buy Baylis Medical for $1. 75bn as it looks to expand its electrophysiology and structural heart product portfolios.
Alien Metals producing visible sulphides at Elizabeth Hill
Minerals exploration and development company Alien Metals updated the market on its inaugural drilling programme at the high-grade Elizabeth Hill Silver Project in the Pilbara Region of Western Australia on Wednesday, reporting that it was continuing to produce visible sulphides.
Amazon opens new physical store to rival Currys, John Lewis
Online retail behemoth Amazon has tightened the screws on its bricks-and-mortar retail rivals, opening a new physical store just outside London.
Karelian reports findings from Lahtojoki boulder analysis
Karelian Diamond Resources announced on Wednesday that results from analysis undertaken by the Geological Survey of Finland (GTK) of thin sections from a kimberlite boulder recovered from its Lahtojoki South exploration area indicated potential for the presence of diamonds from the kimberlite source.
Tesco lifts FY guidance as interim sales, profit soar
UK supermarket chain Tesco lifted full year earnings guidance after strong first-half sales helped interim profits to more than double against a backdrop of labour shortages and cost pressures.
Lookers boosts final profit forecasts on 'strong' third quarter
Car dealership Lookers has upped full-year profit expectations after a strong third quarter helped it overcome supply chain constraints.
Atalaya makes positive progress at Proyecto Masa Valverde
Atalaya Mining announced positive progress on its ongoing resource definition drilling at Proyecto Masa Valverde in Huelva, Spain on Wednesday.
Alpha FMC upbeat on strong first half trading
Asset, wealth and insurance management consultant Alpha FMC reported a “strong” first half performance in a trading update on Wednesday, adding that it was “confident” in achieving its full-year expectations.
Galliford Try appointed to £1.6bn public sector framework
Construction group Galliford Try said on Wednesday that its building business has been appointed to the new £1. 6bn LHC Public Buildings, Construction, and Infrastructure PB3 framework.