News And Announcements
Duke Capital recurring cash revenue rises, total declines
Duke Capital, a hybrid capital provider for small to medium enterprises in Europe and North America, reported a 4% year-on-year increase in recurring cash revenue to £12. 7m in its interim results on Monday.
EZ composite PMI improves in December
Eurozone business sentiment remained in the doldrums but there were signs of an easing of tougher conditions as the services industry returned to growth, according to preliminary survey data published on Monday.
Standard Investments calls for strategic review of Johnson Matthey
Johnson Matthey's largest shareholder has called for a strategic review into the chemicals firm that could result in the sale of "part or all" of the group.
NatWest retail banking boss Lindberg to step down next year - report
The boss of NatWest Group’s high street branch network will reportedly step down early next year as the company prepares for a return to full private sector ownership.
Drilling permit approved for Bradda Head's Dragon Target
Bradda Head Lithium announced the approval of a drilling permit for its Dragon Target at the San Domingo Pegmatite Project in Arizona on Monday.
Powerhouse mechanically completes feedstock testing unit
Powerhouse Energy Group announced the mechanical completion of its feedstock testing unit (FTU) on Monday, a key milestone in the development of its proprietary DMG Technology, which converts non-recyclable waste into low-carbon energy.
Titon completed Korea disposal, plans to write down excess stock
Titon Holdings announced on Monday that it has completed the disposal of its interests in its South Korean operations, ceasing activities in the region.
Quadrise inks trial agreement with Panama's Sparkle Energy
Quadrise has entered into a material transfer and trial agreement with Sparkle Power, a thermal power producer based in Colón, Panama, it announced on Monday.
Panthera subsidiary IGPL has first arbitration hearing against India
Panthera Resources updated the market on the arbitration process initiated by its Australian subsidiary Indo Gold (IGPL) against the Republic of India, concerning India's alleged breach of a bilateral investment treaty relating to the Bhukia gold project in Rajasthan.
Canal+ shares tumble on London debut
Shares of French broadcaster Canal+ tumbled nearly 16% during its London Stock Exchange debut on Monday, marking a rocky start for the largest new listing in the UK this year.
Tristel on track despite US market delays
Infection prevention product manufacturer Tristel said in an update on Monday that, after achieving a record first half, it was on track to meet or exceed its three-year revenue growth target of 10% to 15% by June next year.
Computacenter shares slide on CFO's sudden departure
Computacenter announced on Monday that Christian Jehle has stepped down as group chief financial officer and as an executive director of the board with immediate effect.
Oxford Biodynamics CEO resigns as it seeks short-term funding
Clinical diagnostics specialist Oxford BioDynamics announced on Monday that Dr Jon Burrows had resigned from his positions as chief executive officer and board member, with immediate effect.
Manufacturing recession sees German economy contract further
Germany’s economy continued to contract in December, marking the sixth consecutive month of declining business activity, according to the latest HCOB flash purchasing managers’ index (PMI).
Amaroq Minerals announces delay to settlement of fundraise
Amaroq Minerals, a mining company with significant gold and strategic mineral assets in southern Greenland, announced a brief delay in the settlement of its recent fundraising initiative.
Ageas to buy Saga's underwriting business as part of 20-year partnership
Saga said on Monday that it has entered into an agreement with Ageas to establish a 20-year partnership for motor and home insurance which includes the acquisition of its underwriting business.
Graft Polymer to buy Awakn in £4.98m deal
Biotech firm Graft Polymer said on Monday that it has agreed to buy Awakn Life Sciences Corp, a clinical-stage biotechnology company developing therapeutics for substance use and mental health disorders, for £4. 98m.
PureTech hails "exciting" results from lung disease trial
Clinical-stage biotech group Puretech Health has announced promising results from the trial of its lung disease treatment deupirfenidone, which the lead investigator hailed as "extremely exciting".
Ricardo to sell Defense business, buy 85% stake in E3 Advisory
Strategic, environmental, and engineering consulting firm Ricardo said on Monday that it has agreed the sale of its Defense business to Proteus Enterprises and Gladstone Investment Corporation for $85m (£67. 5m).
Videndum shares drop on slow market recovery
Shares in media group Videndum tanked on Monday after the company warned of a slower-than-expected recovery in end-markets.