News And Announcements
Labour and supply shortages hit small manufacturers - CBI
Small manufacturers saw growth slow in the last three months, an industry survey showed on Wednesday, after labour and supply shortages hit home.
Bradda Head reports 'promising' results from San Domingo
North America-focussed lithium developer Bradda Head announced on Tuesday that it has received initial, “promising” results of the ‘GPRplus’ geophysical programme at its San Domingo asset in Arizona, and that it had also added to its Central San Domingo claims.
IronRidge secures underwriter for demerger of gold assets
IronRidge Resources announced on Tuesday that Canaccord Genuity Australia, the lead manager of the proposed rights issue to be undertaken by Ricca Resources, into which IronRidge’s gold assets will be transferred and demerged, had been secured as underwriter of the issue.
Eckoh trades in line in first half
Payments and customer contact technology company Eckoh said in a trading update on Tuesday that it performed in line with its own expectations in the first half, driven by continued progress in its US secure payments business, recovering activity in the UK division and “resilience” in its business model.
Gaming Realms gets full Michigan licence, awaits Ontario
Mobile-focussed gambling content developer Gaming Realms announced on Tuesday that, since being issued with its provisional ‘iGaming Supplier Licence’ in Michigan in January, it had now been approved for a full licence by the state regulator, adding to its two other full licences in the US states of New Jersey and Pennsylvania.
Newest Tesla recall affects almost 12,000 cars
Tesla has recalled almost 12,000 vehicles sold in the United States over the last four years due to a software bug that could cause the car to behave dangerously, it emerged on Tuesday.
DP Poland to raise £3m in placing to support growth strategy
DP Poland said on Tuesday that it’s looking to raise around £3m in a placing and subscription to cover the costs of its integration with Dominium - the restaurant group it acquired earlier this year - and to support its growth strategy.
Jaywing brings forward purchase of remaining Frank Digital stake
Specialist data science agency Jaywing announced on Tuesday that it has agreed with Matt Barbelli, the sole director of Frank Digital in Australia, to accelerate the exercise of the put-and-call option over the 25% of Frank Digital held by the Barbelli Enterprises holding trust (BEP).
Diageo to build malt whisky distillery in China
Diageo has signed a deal to build its first malt whisky distillery in China to serve drinkers in the world's biggest market for alcoholic beverages.
Serabi Gold COO steps down, new ops manager appointed
Brazil-focussed mining and development company Serabi Gold announced on Tuesday that Roney Almeida had stepped down from his position as chief operating officer.
Novacyt flags possible £3m hit from Covid test regulations change
Clinical diagnostics specialist Novacyt updated the market on the availability of its Covid-19 tests in the UK on Tuesday, following the implementation of amendments to the UK Health Security Agency's coronavirus test device regulations, or ‘CTDA’.
FD Technologies swings to loss as it works on growth
FD Technologies reported a 7% improvement in revenue in its first half on Tuesday, to £128m, as its gross profit also grew by 7% to £51. 7m.
Watkin Jones ends year in line on profit, revenue falls short
Residential rental developer Watkin Jones said in a trading update on Tuesday that its operating profit for the year just ended would be in line with expectations.
Yahoo pulls out of China
Yahoo has pulled out of China, the US tech firm confirmed on Tuesday, citing the country’s "increasingly challenging" business and legal environment.
Maersk reports record profit as shipping rates surge
Maersk reported record quarterly profit and said there was no end in sight for the supply chain crisis that has sent shipping rates soaring.
DMGT close to agreeing £400m pensions deal
The Daily Mail and General Trust edged closer to going private on Tuesday, after it confirmed it was near to agreeing terms with its three pension schemes.
BT Group and OneWeb team up to deliver LEO satellite services
BT Group and OneWeb have inked a new distribution partnership agreement to provide the latter's Low Earth Orbit satellite communication services.
DuPont buys Rogers for $5.2bn, cuts forecasts
DuPont de Nemours said it would buy Rogers Corp for $5. 2bn (£3. 8bn) to expand in growth markets as the US chemicals group cut its sales and profit forecasts because of slowing automotive markets.
Klarna to buy price comparison site PriceRunner
Klarna has agreed to buy Nordic price comparison site PriceRunner for an undisclosed sum.
Standard Chartered Q3 profit rises as bad debts drop
Standard Chartered's underlying profit rose 44% in the third quarter as the emerging markets-focused bank's income rose and bad debts fell sharply.