News And Announcements
Saudi Aramco said to consider fuel unit IPO
Saudi Aramco is reportedly considering selling a stake in its retail fuels and lubricants business, and could list shares on the Riyadh stock exchange.
CMA pulls BA/Ryanair Covid refund probe as law 'lacks clarity'
Britain’s competition regulator has dropped its investigation into British Airways and Ryanair’s refusal to refund passengers during the Covid crisis after concluding that the law lacked clarity.
Shell warns of hit to earnings from Hurricane Ida, but sees cash boost
Royal Dutch Shell on Thursday said the impact of Hurricane Ida would hit earnings by $400m, but expected a third quarter cash flow to be boost from power and gas trading as prices surged.
Volution profits double on climate change, Covid awareness
Ventilation equipment maker Volution said annual profits more than doubled on the back of more awareness of climate change and the need for cleaner air indoors during the Covid pandemic.
BlueRock sells 7.1 carat diamond for $64,826
BlueRock Diamonds said on Thursday that it sold a 7. 1 carat stone for $64,826 in the September tender.
Central Asia Metals reports strong third-quarter production
Central Asia Metals updated the market on operations in the third quarter at its Kounrad dump leach, solvent extraction and electro-winning (SX-EW) copper recovery plant in Kazakhstan, as well as the Sasa zinc-lead mine in North Macedonia on Thursday.
Robert Walters sees FY profit ‘comfortably ahead’ of market expectations
Recruiter Robert Walters said on Thursday that full-year profit was set to be "comfortably ahead" of market expectations after strong third-quarter trading.
Fusion Antibodies signs collaborative deal with US biotech firm
Preclinical antibody discovery and supply company Fusion Antibodies has signed a collaborative research and development agreement with an unnamed US-based biotechnology company which was recently incorporated to focus on a number of innovative early-stage antibody programmes, it announced on Thursday.
Alba making progress with plans at Clogau-St David's
Alba Mineral Resources updated the market on development plans at the Clogau-St David's Gold Mine on Thursday, reporting that drilling campaigns completed over the last 12 months had successfully identified new development opportunities, both along strike and down dip of areas of known historic gold production.
Hardide sees improvements across all key markets
Surface coating technology company Hardide said in a trading update on Thursday that expected improvements across all of its key markets had come through in the closing months of its financial year.
Thor Mining upbeat on latest soil results from Ragged Range
Thor Mining announced the latest soil results from its wholly-owned Ragged Range Project in Eastern Pilbara, Western Australia on Thursday, with gold in-soil anomalies defining eight “high-quality, drill-ready” targets.
Powerhouse inks collaboration deal with HUI
Waste-to-hydrogen technology company Powerhouse Energy has entered into a binding collaboration agreement with HU2021 International (HUI), a wholly owned subsidiary of Hydrogen Utopia International, to market the deployment of ‘DMG’ technology outside the UK, it announced on Thursday.
BA reaches agreement with pilots over Gatwick subsidiary - reports
British Airways pilots have reportedly backed a deal with management to open a new low-cost subsidiary at Gatwick airport.
Carnival unveils plans for restarts in Jan, Feb 2022
Cruise line operator Carnival unveiled plans for more ship restarts for January and February, as it worked toward the return of its full fleet sailing from US homeports next spring.
Hyve hails strong Q4 as events return to UK, US
Events company Hyve reported "strong" trading for the fourth quarter of the year as events returned to the UK and US after Covid restrictions were eased.
Renalytix appoints VP to oversee Veterans Health rollout
Renalytix announced the expansion of its commercial strategy to address early-stage kidney disease in the United States Veterans Health Administration (VA) patient population on Thursday, with the appointment of Jed Fulk to the position of vice-president of sales to government accounts.
Tim Butters appointed to Alpha FX board
Foreign exchange risk management and alternative banking company Alpha FX announced on Thursday that its chief risk officer Tim Butters was being formally appointed to the board.
Revolution Bars shares soar as investors cheer sales rise
Shares in Revolution Bars soared on Thursday as investors cheered a rise in sales driven by a return of patrons as Covid curbs eased.
Marlowe acquires water treatment firm Sterling in £1.75m deal
Safety and compliance software and services company Marlowe has acquired water treatment and compliance services provider Sterling Hydrotech for an enterprise value of £1. 75m, it announced on Thursday.
Impax assets under management grow 84pc in full year
Specialist investor Impax Asset Management updated the market on its assets under management on Thursday, reporting that as at 30 September, it reached £37. 2bn.