Economic and Market News for 11 February 2021

Customised electronics maker DiscoverIE said it had completed the acquisition of Limitor for up to €18 million. The acquisition of Limitor was announced on 4 December 2020, and was conditional on...

Mortgage advice company LSL Property Services said it had acquired a 60% stake in Direct Life Quote for £1.8 million, and Mortgage Gym for £2.4 million, as part of its digital strategy to drive...

Upstream oil and gas company Jersey Oil & Gas said the Oil and Gas Authority had confirmed award of the merged licence P2498 to the company. The award during the 32nd offshore licensing...

Altus Strategies made a new gold discovery at its Diba gold deposit in western Mali, and reported encouraging assay data from the deposit. The shallow dipping gold discovery was made 1.5km...

The FTSE 100 opened flat today, up a modest 4.4 points to 6535.32, following the strong pound that stifled momentum during later trading on Wednesday. Close attention will be paid to oil firms...

Wafer products and material solutions company IQE said its multifacted intellectual property legal dispute had been settled after it was awarded a payment of $2.5 million. Since the Tribunal...

Energy and natural resources company Ascent Resources said it had raised £1 million gross by way of a discounted equity placing. Ascent Resources also included ESG Metals as a new target sector...

Cruise company Carnival Corporation said it had priced the private offering of $3.5 billion aggregate principal amount of 5.75% senior unsecured notes due 2027 and upsized the offering to $3.5...

Real Estate investment company LXi REIT raised its annual dividend target, citing successive quarters of strong rent collection and rental growth. The company said it was targeting an annual...