News And Announcements
UK retailers see sales lift ahead of crucial festive season
Retail sales jumped last month, industry data showed on Tuesday, as consumers splashed out on Halloween and got festive shopping underway.
Touchstone Exploration pleased with first test at Royston-1
Touchstone Exploration announced the results of the first of three planned production tests at its Royston-1 exploration well on Monday, which confirmed a light oil discovery in the lowermost section.
Wealth manager Succession Wealth said to plan £400m sale
Independent wealth manager Succession Wealth is reportedly preparing to put itself up for sale for around £400m.
Johnson Matthey appoints BASF’s Giovanzana as MD of Catalyst Technologies
Johnson Matthey said on Monday that it has appointed Alberto Giovanzana as managing director of its catalyst technologies division.
CyanConnode revenue rockets ahead in first half
Narrowband mesh network technology company CyanConnode reported a 172% improvement in first-half revenue on Monday, to £4. 1m.
Ariana upbeat on recent drilling at Apliki
Europe-focussed exploration and development company Ariana Resources announced recent due diligence drilling results from the Apliki Project on Monday.
Sydney Airport agrees $17.5bn takeover
Sydney Airport has agreed to be taken over in a $17. 5bn deal, it was announced on Monday, as international travel resumed after more than a year of strict lockdown restrictions.
UK/US flights resume with Virgin, BA jets in synchronised takeoff
The first leisure flights from London to the US since the start of the Covid-19 pandemic took off from Heathrow on Monday morning after President Joe Biden reopened American borders to travellers.
Viasat to buy UK's Inmarsat in $7.3bn deal
California-based Viasat has agreed to buy British mobile satellite communications group Inmarsat in a $7. 3bn deal.
Bradda Head gets conditional permission for Wikieup drilling
North America-focussed lithium developer Bradda Head has received conditional permission to begin exploration drilling at its Wikieup sedimentary claims in central Arizona, it announced on Monday, pending bond payment adjudication, which was expected in the fourth quarter.
Angling Direct tackling cyber attack
Tackle and equipment retailer Angling Direct found itself caught in a different kind of net on Monday after a phishing attack.
Cake Box serves up strong growth in first half
Specialist cake retailer Cake Box reported “strong growth” across all of its financial metrics in its half-year results on Monday, with revenue up 91. 8% year-on-year at £16. 47m, and EBITDA leaping 109. 1% to £4. 14m.
Elon Musk urged to offload 10% of Tesla stock following Twitter poll
Elon Musk has committed to selling 10% of his stake in Tesla, sending the stock lower, after a Twitter poll voted in favour of the move.
Zenova fire-resistant paint gets specified by Enfield council
Safety and heat management technology company Zenova Group announced on Monday that its ‘Zenova FP’ fire-resistant paint has been approved for use by the London Borough of Enfield, with its first use to be in a 14-story residential tower block.
THG CEO Moulding suggests he could take business private again
THG shares rallied on Monday after chief executive officer Matt Moulding appeared to suggest he could take the company private.
Europa Metals draws down second tranche of Spanish grant
Europe-focussed lead-zinc and silver developer Europa Metals said on Monday that all of the requisite work documentation submitted to the Spanish Government’s Centre for the Development of Industrial Technology (CDTI) in relation to the first stage milestone of its €0. 47m (£0. 4m) innovation grant had been approved.
Rolls-Royce to unveil funding for smaller nuclear reactor - report
Rolls-Royce and a consortium of investors are close to announcing funding for a small-scale nuclear reactor, it was reported on Monday.
Dignity trading boosted by heightened death rate in Q3
Funeral services provider Dignity said on Monday that solid trading continued into the third quarter, with the death rate 10% higher year-on-year but 3% lower year-to-date.
Petrofac wins $96m Petronas contract
Petrofac said it had won a $96m contract with Malaysia’s Petronas to build a new onshore gas plant in the state of Sarawak.
Card Factory hails improvement in sales performance
Greeting cards retailer Card Factory reported an improvement in sales on Monday, with customers responding well to its Christmas offering.