News And Announcements
Journeo inks three-year CCTV deal with Arriva UK Bus
Transport information systems and technical services company Journeo announced a three-year software-as-a-service (SaaS) contract for CCTV technology management with Arriva UK Bus on Wednesday.
MyHealthChecked launches two new Covid-19 test services
MyHealthChecked announced the launch of two home testing services for travellers entering and departing the UK on Wednesday.
Snapchat owner to more than double London office space - report
Snap Inc, the owner of photo messaging app Snapchat, has reportedly signed a deal that will more than double its London office footprint.
Landsec in talks to buy further stake in Bluewater - report
Landsec is reportedly in talks with Lendlease about the acquisition of a 25% stake in the Bluewater Shopping Centre in Kent in a £200m deal.
JP Morgan's Dimon retracts Chinese Communist party jibe
JP Morgan boss Jamie Dimon has expressed regret for saying his bank would outlast the Chinese Communist party.
Alien Metals agrees to buy JV interest in Munni Munni project
Minerals exploration and development company Alien Metals has entered into a binding heads of agreement with ASX-listed Platina Resources, it announced on Wednesday, to conditionally acquire Platina's 30% joint venture interest in the Munni Munni platinum group metals and gold project in the West Pilbara region of Western Australia.
UK asks court to keep failed Bulb running
The UK's energy regulator has applied for Bulb, the failed energy supplier, to be put into special administration so that it can continue running.
Ontario court dismisses lawsuit motion against Trident Royalties
Mining royalty company Trident Royalties announced on Wednesday that a judge of the Ontario Superior Court of Justice has granted a motion to stay a lawsuit brought against it by Lithium Royalty Corporation (LRC), effectively dismissing the litigation against Trident.
JP Morgan ups Deliveroo and Just Eat to 'overweight'
Deliveroo's sales could beat expectations and Just Eat Takeaway may be a takeover target, JP Morgan said as it upgraded both food delivery groups' shares to 'overweight'.
Seeing Machines turns in good performance as OEMs ramp-up production
Computer vision technology company Seeing Machines reported an 18% improvement in revenue in its year-end results on Wednesday, to AUD 47. 2m (£25. 46m).
Jadestone buys defaulting partner out of Lemang project
Asia-Pacific focussed oil and gas production company Jadestone Energy announced the acquisition of a 10% interest in the Lemang production sharing contract (PSC) on Wednesday.
Revenue and earnings rise 39pc as Revolution Beauty expands
Revolution Beauty reported a 39% improvement in group revenue in its first half on Wednesday, to £78. 6m, which it said provided a platform for growth ahead of the peak trading season.
Johnson Matthey to sell glass tech business, unveils £200m buyback
Chemicals company Johnson Matthey on Wednesday said it had sold its advanced glass technologies business to Fenzi Holdings for £178m as it reported a half-year loss and announced a £200m share buyback.
Revenue rises, earnings fall for AB Dynamics
Automotive measurement and testing systems company AB Dynamics reported a 6% year-on-year improvement in revenue in its final results on Wednesday, to £65. 4m, as its gross margin narrowed by 160 basis points to 56. 89%.
Breedon lifts expectations as strong trading continues
Construction materials company Breedon said in a trading update on Wednesday that group revenue was up 31% year-on-year for the first 10 months of the year, to £1. 05bn, as it raised its earnings expectations for the full year.
Lidl lifts UK stores target to 1,100 by 2025
German discount supermarket chain Lidl said it planned to increase the number of its UK stores to 1,100 by 2025 as it swung to a full-year profit.
Altitude replaces Keith Edelman as chairman
Altitude said it was trading in line with expectations as the personal product technology group announced the appointment of a new chairman to replace Keith Edelman.
Tintra shares jump on AI joint venture
Tintra has signed a joint venture deal with an artificial intelligence company to develop an international payments system based AI.
LXi REIT sees growth across sub-sectors in first half
LXi REIT reported a total net asset value return of 9% for its first half on Wednesday, swinging from a negative return of -0. 6% in the first half of last year.
Chip maker IQE warns on profits, shares tumble
Chip maker IQE warned on profits on Wednesday due to softening demand in the fourth quarter.