Company News
Atome reports positive progress at Villeta project
Green fertiliser project developer Atome reported progress on its flagship 145MW Villeta project in Paraguay on Friday.
No cheer for retailers ahead of Christmas, says CBI
UK retailers were struggling to find any cheer in the run up to Christmas as sales fell amid worries over rising costs next year, according to the Confederation of British Industry.
Boohoo shareholders vote down Mike Ashley board appointment
Boohoo said on Friday that its shareholders had voted overwhelmingly against the appointment of Frasers Group’s Mike Ashley and restructuring expert Mike Lennon to the board.
ITM Power wins EU FEED contract
Energy storage and clean fuel company ITM Power said on Friday that it has been selected as the technology provider and awarded a Front-End Engineering Design contract for a 50-megawatt EU green hydrogen production site.
Oracle Power appoints Apex for Blue Rocks Valley exploration
Oracle Power announced on Friday that it has appointed Apex Geoscience to lead exploration activities at the Blue Rocks Valley Copper and Silver Project in Western Australia’s Ashburton Basin.
Novo Nordisk shares slide despite promising weight loss trial results
Novo Nordisk has announced promising results from its REDEFINE 1 phase three trial of CagriSema, a combination of cagrilintide and semaglutide designed for weight loss in adults with obesity or overweight and comorbidities.
Tekcapital's Guident awarded European AI patent
Intellectual property investor Tekcapital announced on Friday that its portfolio company Guident had been awarded a European patent, titled ‘Artificial Intelligence Method and Apparatus for Remote Monitoring and Control of Autonomous Vehicles’.
Ariana Resources revises timeline for ASX dual listing
Mineral explorer and developer Ariana Resources revised the timeline for its proposed dual-listing on the Australian Securities Exchange (ASX) on Friday, now targeting completion in the first half of 2025.
Elixirr declared interim dividend for payment in February
Consultancy Elixirr International declared an interim dividend of 6. 3p per share for the year ending 31 December on Friday.
European Metals Holdings ups planned lithium production at Cinovec
European Metals Holdings announced a significant increase in the planned annual production of battery-grade lithium chemicals at its flagship Cinovec Project in the Czech Republic on Friday.
Somero CEO to retire, chair to step down
Somero Enterprises announced significant leadership changes on Friday, with chief executive officer and president Jack Cooney set to retire on 31 March after 27 years with the company.
Headlam makes £54m from property sales, announces chair succession
Floorcoverings distributor Headlam Group announced progress in its ongoing transformation plan on Friday, with property sales generating £53. 9m in cash proceeds.
Eden Research gets approval for Novellus+ in Mexico
Biopesticides and biocontrol products developer Eden Research announced on Friday that it has received regulatory approval in Mexico for ‘Novellus+’, an enhanced version of its flagship fungicide ‘Mevalone’.
Petra lowers pricing forecasts after mixed third diamond tender
Petra Diamonds reported the final results for its third tender of the 2025 financial year on Friday, revealing a mixed performance as volumes increased but sales and prices declined.
Santander sells Caceis stake back to Credit Agricole
Banco Santander has offloaded its 30. 5% stake in asset servicing provider Caceis back to Crédit Agricole, the Spanish and French banks have announced.
Two IP Group investees receive cash offers
Science investor IP Group announced on Friday that two of its quoted life sciences portfolio companies have received cash offers, with anticipated proceeds of £13. 8m.
Judges Scientific chairman Alexander Hambro to retire at end of year
Judges Scientific said on Friday that chairman Alexander Hambro has decided to retire at the end of 2024.
EP Group IDS takeover clears UK national security law
The UK government has cleared the £3. 6bn sale of Royal Mail parent company International Distribution Services to Czech billionaire Daniel Kretinsky's EP Group.
GSK reports positive results from ovarian cancer drug trial
GSK has announced positive results from a phase III trial of its ovarian cancer treatment, which met its primary endpoint of progression free survival.
Director dealings: Abrdn CEO snaps up shares
Abrdn revealed on Thursday that chief executive Jason Windsor had acquired 357,635 ordinary shares in the FTSE 250-listed investment firm.