News And Announcements
StanChart among possible bidders for Citi's consumer banking assets in Taiwan
StanChart is among the lenders planning to table bids for Citigroup's Taiwanese consumer banking assets.
Shaftesbury portfolio value rises as West End revival gathers pace
Shaftesbury said on Wednesday that the value of its portfolio has risen, with occupancy and footfall continuing to recover as the revival of the West End gathers pace.
CloudCoCo makes two more technology acquisitions
Managed IT and communications service provider CloudCoCo announced two further acquisitions on Wednesday, supporting its stated goal of becoming a “significant player” in the fast-growing UK technology sector.
ActiveOps set to turn in strong set of first-half results
Management process automation software company ActiveOps said on Wednesday that it had delivered a “strong performance” in the first half, evidencing the continued success of its ‘land and expand’ growth strategy.
Cora announces 13th set of results from Sanankoro drilling
West Africa-focussed gold company Cora Gold announced the 13th set of results from its largest-ever 40,000 metre drill campaign at the Sanankoro Gold Project in southern Mali on Wednesday.
Novavax shares plummet on report of further delays in Covid-19 vaccine
Novavax's manufacturing problems may be more serious than previously thought and could hamper global efforts to fight Covid-19.
Biogen ups forecasts despite weak Alzheimer's drug sales
Biogen raised its full-year earnings guidance on Wednesday, despite weak sales of breakthrough Alzheimer’s drug Aduhelm.
System1 reports 'marked increase' in first-half sales
System1 said on Wednesday that the first half of its financial year saw a “marked increase” in sales of automated data products, including ‘Test Your Ad’.
Segro experiences 'strong' rent roll growth in Q3
Real estate investment trust Segro said on Wednesday that it had witnessed strong rent roll growth in the quarter ended 19 October as a result of "a busy period of lettings".
Real Good Food sees revenue pick-up across markets
Real Good Food said in a trading update on Wednesday that it had seen a pick-up in revenues across each of its markets in the year-to-date.
Supply chain pressures hit earnings at Accrol
Shares in Accrol Group fell sharply on Wednesday, after the tissue manufacturer warned on profits.
Bango lays out long-term growth plan
Data-based commerce platform provider Bango set out its long-term growth plan at its annual strategy day on Wednesday, which it said was based on a “strong transactional business” in an “expanding addressable market”.
Unite says Lloyds 'betrays communities' with announcement of further branch closures
Trade union Unite has accused Lloyds Banking Group of betraying communities as a result of its move to shutter a further 48 bank branches.
Facebook fined £50m by UK regulator over Giphy deal
Social media giant Facebook has been fined £50. 5m for failing to prove it was complying with the competition regulator during a probe into the firm’s takeover of GIF sharing platform Giphy.
Bacanora Lithium capital reduction plans get court approval
Bacanora Lithium said on Wednesday that its capital reduction plans had now been approved by the High Court, as it updated the market on the Sonora Project.
Sunak to slash tax surcharge on bank profits - report
The chancellor Rishi Sunak plans to cut the surcharge on banks’ profits, it was reported on Wednesday.
Phoenix Copper upbeat on latest work at Red Star
United States-focussed base and precious metals explorer and producer Phoenix Copper issued results from the ground magnetics survey at its Red Star project in Custer County, Idaho on Wednesday, 330 metres northwest along strike from the present northern limits of the proposed Empire Mine open pit.
SigmaRoc says strong trading continues through third quarter
Buy-and-build construction materials company SigmaRoc said on Wednesday that the strong trading performance it reported in the first half had continued through the third quarter, as it generated revenues of £73m in the three months ended 30 September.
Marlowe buying Riskwize for £25m, raising £50m in placing
Business and regulatory compliance software and service provider Marlowe has entered into a binding agreement to acquire Riskwize and its wholly-owned subsidiary EssentialSkillz, it announced on Wednesday, for £25m.
Balfour Beatty converts credit facility
British builder Balfour Beatty on Wednesday said it had converted its £375m revolving credit facility to a sustainability-linked loan.