News And Announcements
Diversified Energy shares plummet on methane leaks report
Shares in Diversified Energy tumbled 21% on Tuesday, after it was reported that some of its aging gas wells were leaking methane.
French Connection interim losses narrow
French Connection reported a narrowing of its interim losses on Tuesday as store closures were offset by online and wholesale sales, as it announced the retirement of its chief executive.
ADM Energy reduces Aje project debt with latest lifting
Natural resources investment company ADM Energy announced the completion of the 16th lifting at the Aje Field, part of the OML 113 offshore Nigeria licence, on Tuesday.
GSTechnologies shares surge on CEO appointment
Financial technology company GSTechnologies announced the appointment of its existing executive director Bai GuoJin, or ‘Jack Bai’, as its new chief executive officer on Tuesday, with immediate effect.
InnovaDerma ropes in Love Island star as 'Skinny Tan' ambassador
Beauty brand development company InnovaDerma announced the appointment of Instagram “influencer” Liberty Poole as a brand ambassador for its Skinny Tan products on Tuesday.
Cobra executes first phase of exploration programme at Wudinna
South Australia-focussed gold exploration company Cobra updated the market on its recent exploration activities at the Wudinna Gold Project on Tuesday, reporting that it had successfully executed the first phase of its 2021 exploration programme through an “extensive” geochemistry drilling programme using pathfinder chemistry.
Vistry CEO Fitzgerald to stay on past the end of 2022
Housebuilder Vistry said on Tuesday that chief executive officer Greg Fitzgerald will stay on beyond the end of 2022.
Third-quarter revenues to fall 25% at American Airlines
American Airlines expects third-quarter revenues to fall 25%, the carrier said on Tuesday, less than previously forecast.
Avation delivers ex-Virgin ATR to regional Australian airline
Commercial passenger aircraft leasing company Avation has delivered an ATR 72-500 turboprop aircraft to the Australian airline Hevilift, it announced on Tuesday.
Hipgnosis manager enters $1bn partnership with Blackstone
Music intellectual rights specialist Hipgnosis Song Management and NYSE-traded investment manager Blackstone announced a new partnership on Tuesday, backed by funds managed by Blackstone, which would initially deliver $1bn (£0. 73bn) to acquire music rights and manage catalogues.
Glaxo's consumer arm drawing interest from private equity - report
GlaxoSmithKline shares topped the FTSE 100 index on Tuesday following a report that the pharmaceuticals giant’s consumer unit was drawing interest from private equity firms in what could lead to the biggest buyout of all time.
UK grocery sales fall as fuel crisis keeps shoppers at home
UK grocery sales were curtailed by the fuel crisis last month, industry data showed, while inflationary pressures continued to mount.
EasyJet ramps up Q1 capacity as FY losses hit £1bn
Low-cost airline easyJet said it expected to post annual losses of more than £1bn due to the Covid pandemic, but added that it turned cash positive in the final quarter of the financial year driven as demand improved.
IHG kicks off hunt for new chairman - report
InterContinental Hotels Group has reportedly started the search for a successor to its veteran chairman Patrick Cescau.
Chaarat completes drilling programme at Kyzyltash
Armenia-focussed mining company Chaarat Gold announced the completion of the Kyzyltash 2021 drilling programme on Tuesday, which intersected significant high-grade gold intercepts within the current JORC-compliant measured, indicated and inferred ("M,I&I") sulphide resource of 5. 4 million ounces at 3. 8 grams per tonne.
Evergrande misses latest bond payment deadline - reports
Troubled Chinese property developer Evergrande has missed another round of bond payments, it was reported on Tuesday.
Marley postpones IPO due to market volatility
Roofing specialist Marley Group said on Tuesday that it was postponing plans to list on the London stock market due to market volatility.
Enwell reports progress at Ukraine operations
Oil and gas exploration and production company Enwell Energy updated the market on its operational activities in Ukraine on Tuesday, where it operates the Mekhediviska-Golotvshinska (MEX-GOL), Svyrydivske (SV) and Vasyschevskoye (VAS) gas and condensate fields, as well as the Svystunivsko-Chervonolutskyi (SC) exploration licence.
Hummingbird makes progress with Kouroussa development plans
Hummingbird Resources updated the market on the development of the high-grade Kouroussa Gold Mine in Guinea on Tuesday, reporting that it had secured a group-level financing package from Coris Bank International to fully fund the project into production, along with internal cash flows.
Ethernity signs supply contract with European OEM
Data processing technology company Ethernity Networks has signed a contract with a global wireless original equipment manufacturer (OEM) based in Europe to supply its ‘ENET 4840’ 40Gbps FPGA system-on-chip (SoC), it announced on Tuesday, with support for carrier ethernet switching, wireless bonding, and IPSec security.