Economic and Market News for 4 February 2021
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04 Feb
10:01Fox Marble receives second order to supply paving tiles under Poduyeva contractMarble quarrying and processing company Fox Marble said it had received a new order for the supply of cut and polished paving tiles as part of phase 2 of the contract for the Municipality of...
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04 Feb
09:54Good Energy CEO Juliet Davenport to step downRenewable electricity supplier and services provider Good Energy said that chief executive officer Juliet Davenport would step down. Davenport had decided to transition from her role as CEO and...
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04 Feb
09:51Checkit acquires Tutela Monitoring Systems for $0.85mCheckit said it had acquired its US based sole distributor Tutela Monitoring Systems for $0.85m. The acquisition serves to 'accelerate the group's US expansion plans, providing a footprint and an...
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04 Feb
09:43Beximco Pharmaceuticals supply of Covid-19 vaccine from Serum Institute of India suffers delayBeximco Pharmaceuticals said the first instalment of supply of Covid-19 vaccines from its partner Serum Institute of India had been delayed. It remained unclear how long this delay will last, the...
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04 Feb
09:31Conroy Gold makes further gold discoveries on its Glenish gold licence areaGold exploration and development company Conroy Gold said it had made further gold discoveries on its Glenish gold licence area. Rock chip sampling in the Glenish licence area had discovered gold...
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04 Feb
09:13FTSE climbs higher ahead of Bank of England decisionThe FTSE 100 opened tentatively this morning, as investors await a wealth of corporate earnings news, as well as the Bank of England's monetary policy announcement, both due later today. On...
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04 Feb
09:10Duke Royalty generate record revenue in Q3 on gains from exit of WelltelAlternative capital solutions provider Duke Royalty said it had generate a record revenue in the fourth quarter, thanks to returns from the sale of its investment in Welltel. Cash revenue for Q3...
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04 Feb
08:45Argo invests £1m in Pluto Digital AssetsCryptocurrency miner Argo acquired a 25% stake in Pluto Digital Assets for £1 million to become the lead investor in the company. Pluto is a crypto venture capital and technology company that...
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04 Feb
08:21JLEN acquires Codford Biogas for at least £19.8mListed environmental infrastructure fund JLEN said it had acquired Codford Biogas for an initial £19.8 million. Codford Biogas held the rights and operational assets that make up the Codford...
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04 Feb
07:37Compass organic revenue falls 33.7% in Q1 as virus lockdowns biteFoodservice company Compass said organic revenue in its first fiscal quarter fell by more than a third, in line with its expectations, owing to impact of a protracted lockdown measures to contain...
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04 Feb
07:12AstraZeneca diabetes drug wins regulatory nod in China to treat heart failurePharmaceutical company AstraZeneca said its diabetes drug Forxiga had been approved in China to reduce the heart failure with reduced ejection fraction in adult patients with and without type-2...