News And Announcements
House prices set to rise in 2025 as cost of borrowing falls - Rightmove
House prices are set to rise by 4% next year, according to an industry forecast published on Thursday, as mortgage rates fall and demand remains strong.
Sweden’s Klarna fined SEK500m for money laundering failures
Buy now, pay later firm Klarna has been fined SEK500m (£35. 7m) by Sweden’s financial regulator for violating anti-money laundering rules.
Exxon Mobil to boost capital spending
Exxon Mobil said on Wednesday that it was planning to lift spending on oil production as it outlined the key elements of its 2030 plan.
Endeavour Mining shares shine as Cote D'Ivoire project advances
Shares in Endeavour Mining spiked on Wednesday as the company said it would conduct a definitive feasibility study (DFS) on its Assafou-Dibibango gold project in Côte d’Ivoire after preliminary assessment confirmed its potential to be a tier one asset.
Macy's shares plunge as FY profit forecast lowered on weak demand
Shares in Macy's fell sharply after the department store chain owner lowered full-year profit forecasts on weak demand ahead of the crucial holiday sales season.
Zanaga inks port infrastructure deal with Arise
Zanaga Iron Ore announced the signing of a memorandum of understanding (MoU) with Arise Integrated Industrial Platforms on Wednesday, to advance the development of onshore and offshore port infrastructure for the Zanaga Iron Ore Project in the Republic of the Congo.
Patient Capital to buy Patterson Companies in $4.1bn deal
Patterson Companies surged on Wednesday as the dental and animal health distributor agreed to be bought by healthcare investment firm Patient Square Capital in a $4. 1bn deal.
Close Brothers given permission to appeal motor finance ruling
Close Brothers shares surged on Wednesday after the Supreme Court agreed that it could appeal a landmark ruling on motor finance commissions.
Sound Energy finalises sale of Morocco East subsidiary
Shares in Sound Energy were surging on Wednesday, after it finalised the sale of its Moroccan subsidiary, Sound Energy Morocco East (SEME), to Managem in a transaction worth up to $45. 2m.
ECR Minerals upbeat on maiden drilling at Tambo Gold Project
ECR Minerals updated the market on its maiden diamond drilling campaign at the Tambo Gold Project in Victoria, Australia on Wednesday, focusing on the Duke of Cornwall prospect.
Tui sees strong summer as holidays boost FY earnings
Travel giant TUI said annual operating profit jumped by more than a third and said it expected more growth next year driven by expanded capacity in its holiday business to meet demand.
Grocery sales edge higher ahead of expected festive surge - NIQ
Grocery sales ticked higher last month, industry research showed on Wednesday, ahead of a likely surge in the weeks leading up to Christmas.
Ascent Resources reports progress in JV partner insolvency claims
Ascent Resources updated the market on the insolvency proceedings of its former Slovenian joint venture partner Geoenergo on Wednesday, confirming progress in its claims to recover funds.
HSBC eyes $3bn in potential cost savings - report
Banking giant HSBC Holdings is mulling plans that could trim costs by at least $3bn, it was reported on Wednesday, as it continues to overhaul its global operations.
Boots could be spun out if Walgreens buyout goes ahead - report
Chemist chain Boots could be put up for sale again should a possible takeover of its US parent go ahead, it was reported on Wednesday.
Heathrow expects record Christmas as passenger traffic continues to rise
Heathrow has said it is preparing for its busiest December in history after monthly traffic statistics continued to set new records.
Eden Research fungicide added to German organics list
Sustainable biopesticides and biocontrol specialist Eden Research announced on Wednesday that its flagship fungicide Mevalone has been added to the Organic Input List by FiBL Germany - a key certification for products used in organic farming.
Power Metal acquires Saskatchewan's Pardoe Uranium Project
Exploration company Power Metal Resources announced the acquisition of the Pardoe Uranium Project in northern Saskatchewan, Canada on Wednesday, through direct mineral claim staking.
Kainos re-appoints Brendan Mooney as CEO
IT provider Kainos said on Wednesday that it has re-appointed Brendan Mooney to the board as chief executive officer.
PCI-PAL reports solid trading momentum
Cloud payment specialist PCI-PAL reported strong trading momentum for the current financial year in an update on Wednesday.