News And Announcements
Warner Music in talks to buy Bowie songwriting catalogue - report
Warner Music is reportedly in talks to buy David Bowie’s songwriting catalogue and is raising $535m in debt to support the potential acquisition and others.
Numis said to have referred itself to FCA over THG note
Investment bank Numis has reportedly referred itself to the Financial Conduct Authority after an employee circulated a bearish note to institutional clients last week accusing online beauty and nutrition retailer THG of "a lack of clarity" and casting doubt over its Ingenuity division.
OptiBiotix Health forms operating subsidiary in India
Life sciences company OptiBiotix Health announced the formation of its new India subsidiary OptiBiotix Health India (OHI) on Wednesday.
Pantheon gets $1.5m from shareholder as it seeks funding solution
Pantheon Resources has entered into a short-term draw down facility of $1. 5m with an existing shareholder, it announced on Wednesday.
Strategic Minerals finds more high-grade tin in pit samples
Producing mineral company Strategic Minerals announced on Wednesday that its wholly-owned subsidiary Cornwall Resources (CRL) has identified further significant high-grade tin in four pit samples taken to the west of its main Redmoor deposit.
Amte Power making 'excellent progress' towards production
Lithium- and sodium-ion battery technology company Amte Power said on Wednesday that it was making “excellent progress” in line with its planned pathway to production.
Kingswood to buy Kent-based Smythe and Walter
Wealth and investment management company Kingswood has agreed to acquire, subject to completion, the business assets of Smythe and Walter, an independent financial planning business servicing clients across Kent.
Pfizer CFO Frank D'Amelio to retire
Pfizer said on Wednesday that Frank D’Amelio will retire as chief financial officer and executive vice president of global supply after nearly 15 years at the company.
Camellia buys out remaining 20pc of Bardsley England
Agriculture group Camellia announced the purchase of the remaining 20% stake in fruit farming company Bardsley England on Wednesday, for £1. 7m, from Bardsley Limited.
Greggs' vegan sausage roll becomes victim of supply chain crunch
The vegan sausage roll became the latest victim of the supply chain crunch on Wednesday, as Greggs warned the popular snack was being affected by “temporary interruptions”.
Rambler Metals upbeat on latest drilling results from Ming
Copper and gold explorer, developer and producer Rambler Metals and Mining updated the market on its ongoing underground infill diamond drill programme at the Ming Copper-Gold Mine in the Canadian province of Newfoundland and Labrador on Wednesday.
Amazon to ban Visa cards in row over fees
A row broke out on Wednesday between Amazon and Visa after the online retail giant told customers that it would stop accepting payments made with UK-issued Visa credit cards from next year.
Jefferies cuts M&S to 'hold' as valuation catches up
Jefferies cut its rating on Marks & Spencer shares to 'hold' with the company's turnaround "finally recognised" by the market.
Barclays investors question terms of Staley exit - report
Some of Barclays' leading shareholders have raised concerns about the terms of former chief executive Jes Staley's abrupt departure from the bank, according to a report.
SSE to ramp up green capex as interims rise 30%
Interim profits at renewable energy company SSE on Wednesday rose by a third as the company pledged to invest £12. 5bn in green capital expenditure in an apparent rebuff to calls from activist investor Elliott to split the group.
Jubilee Metals reports period of 'significant' progress
Jubilee Metals updated the market on its Roan copper project and its Inyoni platinum group metals (PGM) project in South Africa following a period of “significant” progress on Wednesday.
US secures $1bn of GSK-Vir Covid-19 treatment - report
The United States has signed about $1bn of contracts to buy the antibody-based Covid-19 treatment developed by GlaxoSmithKline and Vir Technology of the US, according to a report.
Wincanton wins five-year contract with Primark
Wincanton has won a five-year contract with fashion retailer Primark for the provision of transport services to all its UK stores.
Alibaba is frontrunner to buy Unigroup - report
A consortium led by Alibaba is the frontrunner to buy Tsinghua Unigroup in a deal to rescue the struggling semiconductor group, according to a report.
Speedy Hire lifts expectations after positive first half
Speedy Hire reported continued momentum in its half-year results on Wednesday, with underlying revenue from continuing operations rising 28. 2% to £186. 6m, as it lifted its expectations for the full year.