News And Announcements
Bidstack launches new in-menu game ad offering
In-game advertising provider Bidstack Group announced the launch of a new ad format for brands on Monday, with its 'in-menu' offering.
Oracle Power gets go-ahead for Jundee East work programme
Oracle Power announced on Monday that the Department of Mines, Industry Resources and Safety (DMIRS) has approved the programme of work for drilling of the five target areas defined at its wholly-owned Jundee East Gold Project, in the Eastern Goldfields region of Western Australia.
Strategic Minerals raises £0.4m to help fund Paltridge North work
Battery metals-focussed producing mineral company Strategic Minerals raised £0. 4m before expenses, it announced on Monday, to help it complete required work on the Paltridge North deposit.
HSBC Q3 profits up 74%, announces $2bn buyback
HSBC on Monday reported bumper third-quarter profits that smashed expectations as it unveiled plans for a share buyback of up to $2bn after releasing hundreds of millions set aside for expected bad loans during the Covid pandemic.
KEFI reveals recent Ethiopia issues involved kidnapping of project staff
Ethiopia and Saudi Arabia-focussed gold and copper explorer and developer KEFI announced a positive resolution to the recent security situation at its Tulu Kapi gold project on Monday, revealing that the issues involved the kidnapping of four members of the project company's workforce.
DP Poland serves up small loss after Dominium takeover
DP Poland, the master franchisor of the Domino’s Pizza brand in Poland, reported a 0. 1% improvement in like-for-like system sales in its first half on Monday, to £14. 6m.
Tlou Energy reports recent progress with Botswana projects
Sub-Saharan Africa-focussed power project developer Tlou Energy updated the market on its three primary projects in Botswana on Monday, being the Lesedi gas and solar power and hydrogen production project and the Mamba and Boomslang exploration and evaluation projects.
CMA launches probe into Motorola's role in emergency radio systems
The competition regulator has opened an investigation into Motorola Solutions, it announced on Monday, amid concerns that the company is both the owner of the existing ‘Airwave’ radio network used by UK emergency services, and is a key supplier in the planned new ‘Emergency Services Network’ (ESN).
Volvo Cars cuts size of IPO, pricing at lower end of range
Sweden’s Volvo Cars on Monday said it was cutting its planned stock market by 20% and setting the price at the lower end of its suggested range.
Allergy Therapeutics reports positive results from field study
Biotechnology company Allergy Therapeutics announced positive top-line results from its exploratory field study ‘G309’ to evaluate the efficacy and safety of its short-course subcutaneous allergen-specific immunotherapy candidate ‘Grass MATA MPL’.
Biome begins field testing of biodegradable tree shelters
Biome's bioplastics division announced the commencement of large-scale UK-wide field testing and initial commercial sales of biodegradable tree shelters by Suregreen on Monday, using its proprietary bioplastics materials.
Cat Rock Capital urges Just Eat Takeaway.com board to sell or spin-off Grubhub by end of year
Investment firm Cat Rock Capital Management has sent a letter to the board of Just Eat Takeaway. com, urging it to sell or spin-off Grubhub by the end of the year in order to refocus the business and address the "deep and damaging undervaluation" of its equity.
PayPal not pursuing acquisition of Pinterest
PayPal is not pursuing an acquisition of Pinterest "at this time", the company said on Sunday.
Atome Energy seeking AIM listing as part of spin-out from President
President Energy said on Monday that its green hydrogen and ammonia subsidiary Atome Energy was seeking to float on AIM as part of its spinning-out,.
Botswana Diamonds raising £0.55m to fund current exploration
Botswana Diamonds announced a company-arranged placing with existing and new investors to raise £0. 55m on Monday, to fund current exploration activities in Botswana and South Africa.
Tullow Oil appoints Phuthuma Nhleko as chairman designate
Tullow Oil has appointed Phuthuma Nhleko as an independent non-executive director and chairman designate.
Urban Logistics mulling main market listing after recent rent progress
Property investor Urban Logistics issued a positive trading update following the close of its interim period ended 30 September on Monday, reporting 99. 4% occupancy across 91 logistics properties.
James Fisher shares plunge on recent trading difficulties
James Fisher and Sons said in a trading update on Monday that a number of projects had been further delayed in recent weeks, as it revised its underlying profit expectations for the year.
Lamprell wins rig conversion contract with BWE
Lamprell said on Monday that its oil & gas business has won a "major" rig conversion contract with BW Energy (BWE).
Contourglobal performs 'well' in Q3, hikes dividend
Power generation business Contourglobal said on Monday that it had "performed well" financially in the three months ended 30 September, leading the group to up its third-quarter dividend payment by 10% year-on-year.