Economic and Market News for 14 November 2018

Germany-focused investor Sirius Real Estate said it had completed the sale of its Bremen Hag business park for €3.8m. The company also said it had notarised the sale of its Bremen...

Marketing company Mporium said it had raised around £2.3m from a share issue to provide working capital and 'support the continued momentum of the business'. New shares in the company were issued...

Neuroscience technology developer Cambridge Cognition Holdings said it had won a one-year clinical trial contract worth over $750k from a specialty pharmaceutical developer. The contract, for a...

Faroe Petroleum said it failed to discover commercial volumes of hydrocarbons at its Rungne exploration well in the Norwegian North Sea. The well only encountered a water-bearing reservoir in the...

Arc Minerals said it had intersected significantly higher cobalt grades from drilling at its Kalaba project in Zambia. Short holes were drilled to confirm the grade of the oxide material intended...

African Battery Metals said it had commenced exploration work on licences in Cameroon acquired as part of its purchase of Cobalt Blue Holdings. The licences were close to and in part contiguous...

Asiamet Resources said it had kicked off additional drilling and geotechnical work as part of finalising feasibility studies at its Beruang Kanan Main copper project in central Kalimantan,...

The US consumer price index rose 0.3% in October, up from a 0.1% rise in September, according to the Bureau of Labor Statistics. The reading was in line with market expectations. Story...

Rockfire Resources said it had completed a drilling program at the Double Event gold prospect in Australia's Queensland state on time and within budget. Drilling had encountered sulphides,...

Galileo Resources said a 'conceptual' estimate at its Star zinc project in Zambia indicated it could contained up to 900k tonnes of the base metal. The conceptual grade and tonnage estimate used...

Dual-listed mining group Polymetal International said its shares would be added to the MSCI Russia index for the first time since its listing on the Moscow Exchange in June 2013. The change would...

Business integration platform provider Maestrano Group said it had successfully gone live with a platform for a major US-based banking customer, which it didn't identify. Maestrano said it had...

Regency Mines said it had received interest from third parties wanting to participate in the development of its Mambare nickel-cobalt joint venture in Papua New Guinea. Options proposed by the...

Lighthouse Group said Wednesday it had entered into a strategic relationship with Tavistock Investments to expand the company's investment solutions. The agreement would enable Lighthouse and its...

Pesticide supplier Plant Health Care said the grower responses in Brazil to the launch of its H2Copla sugarcane protection product had been 'very positive'. The company said it had applied on some...

Craven House said Wednesday it had acquired LM Funding America for about $1.5m. Craven House acquired 640,000 LM Funding American shares at a price of $2.40 a share, taking its stake in the...

Tavistock Investments said it had entered into a strategic agreement with Lighthouse Group to establish an investment management service. This business would develop and distribute investment...

The UK consumer price index -- a key measure of inflation -- remained steady at 2.4% in October, according to the Office for National Statistics. The market had expected CPI to rise to 2.5%. The...

Out-of-hospital service provider Totally said one of its care centres had turned an 'inadequate' rating by regulators into a 'good' one. The Royal Stoke Urgent Care Centre, part of its Vocare...

Education provider Wilmington said it had entered into an equal joint venture agreement with Singaore's The Digital Insurer. The JV, to be called Axco Digital Insurer Ratings and be based in...

MaxCyte said it had entered into a non-exclusive, clinical and commercial license agreement with Precision BioSciences. The pact would allow Precision to use MaxCyte's technologies to deliver its...

Sports nutrition group Science in Sport said it had agreed to acquire protein brand PhD Nutrition for £32.0m and would issue new shares to help fund the deal. Science in Sport said it planned to...

Retail property developer Intu Properties said Wednesday the date by which a consortium backed by Peel Group, the Olayan Group and Brookfield Property Group were required to make a firm offer for...

Power utility SSE, while reporting a first-half loss, said it planned to create a new separate company holding its renewable energy assets. SSE Renewables would have its own management team and...