News And Announcements
Mondelez exploring Hershey takeover - report
Snacks and sweets company Mondelez International is reportedly exploring an acquisition of US chocolate maker Hershey Co, in a potential deal that would create a food giant with combined sales of almost $5bn.
Chinese regulators launch probe into Nvidia
Chipmaker Nvidia was under the cosh early on Monday after Chinese regulators announced they had launched an investigation into the firm over possible violations of the country's antimonopoly laws.
Renishaw co-founder Sir David McMurtry dies
Engineering firm Renishaw said on Monday that co-founder and non-executive director Sir David McMurtry has died suddenly.
Unilever makes appointments under new divisional strategy
Consumer conglomerate Unilever said it had appointed Reginaldo Ecclissato as president of its new “One Unilever Markets”, reporting to chief executive officer Hein Schumacher.
Woodbois secures purchase orders as it focuses on efficiency
Woodbois said in an update on Monday that it has secured substantial purchase orders and implemented measures to enhance production continuity and financial efficiency.
Chill Brands sees hit to single-use vape sales ahead of UK ban
Troubled Vape maker Chill Brands has said a planned government ban on single-use vapes had already started to hit UK sales, and said court case over claims of fraud and theft by former executives was due to start next week.
EnergyPathways enters strategic partnership with Wood Group
EnergyPathways announced a strategic partnership with Wood Group UK on Monday, to act as the lead engineering partner for its Marram Energy Storage Hub (MESH) project in the UK Irish Sea.
Shareholder advisory group ISS backs Boohoo in Mike Ashley board spat
Boohoo said on Monday that international shareholder advisory group ISS has recommended that its shareholders vote against resolutions seeking board representation from Mike Ashley’ Frasers Group.
BP and JERA to merge offshore wind businesses in new joint venture
Shares in BP shot up on Monday after the energy giant said it had partnered with Japan's largest power generation company to combine their offshore wind operations.
Empire Metals reports solid testwork results from Pitfield
Empire Metals has solid exceptional results from metallurgical testwork on titanium-rich heavy mineral concentrates from its Pitfield Project in Western Australia on Monday.
ValiRx shares tank on £1.6m fundraising plan to support R&D
Shares in life sciences firm ValiRx plummeted on Monday after the AIM-listed firm announced plans to raise £1. 57m to increase its R&D efforts as it continues the development of breast cancer treatment CytoLytix.
Synectics set to beat profit expectations for 2024 financial year
Advanced security and surveillance specialist Synectics announced on Monday that profit before tax for the financial year ended 30 November was expected to be materially ahead of market expectations.
Orosur reports strong drilling results from Anza Project
Orosur Mining updated the market on its flagship Anzá Project in Colombia on Monday, highlighting strong drilling results and the completion of its acquisition of the project’s former joint venture partner, Minera Monte Aguila (MMA).
Plexus confident after solid full-year performance
Wellhead service provider Plexus reported a significant improvement in financial performance for the year ended 30 June in an update on Monday.
Brave Bison acquires Engage Digital Partners for £10.6m
Digital advertising and technology service specialist Brave Bison Group announced the acquisition of Engage Digital Partners, a global sports marketing business, for up to £10. 6m in cash and shares over three years on Monday.
Omnicom in mega-merger talks with Interpublic - reports
Two of the biggest global advertising players, Omnicom and Interpublic, are in discussions over a $30bn merger that would create the world’s largest advertising group, it emerged on Monday.
Gunsynd reports exploration progress at Bear-Twit
Gunsynd reported significant progress at its Bear-Twit VMS project in Canada on Monday, where recent analysis of historical data revealed extensive high-grade zinc mineralisation alongside promising new exploration targets.
Greatland pours first gold under its ownership at Telfer
Greatland Gold announced significant operational progress at its recently-acquired Telfer gold-copper mine in Western Australia on Monday.
Pantheon Resources losses widen as development continues
Pantheon Resources, an oil and gas developer focused on the Kodiak and Ahpun oil fields on Alaska's North Slope, reported a total comprehensive loss of $11. 6m for the year ended 30 June on Monday, widening from $4. 6m a year earlier, primarily due to non-cash items.
MaxCyte upgrades revenue guidance after operational review
Cell engineering technology specialist MaxCyte announced upgraded revenue guidance on Monday, following an operational review under its new chief executive officer Maher Masoud.