Economic and Market News for 15 January 2021
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15 Jan
09:46Osirium Technologies expects revenue to be in line with market expectationsCloud-based cybersecurity software vendor Osirium Technologies said revenue for the 12 months to 31 December 2020 in line with market expectations at £1.4 million. Cash balances as at 31 December...
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15 Jan
09:33Edenville Energy reaches revised repayment terms with Lind Partners; launches £900K equity placingEdenville Energy said it had reached an agreement on revised terms for the repayment of $580,000 with its shareholder Lind Partners. Under the revised terms, the company will pay Lind US$116,000...
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15 Jan
09:22Bluejay Mining says Enonkoski project JV with Rio Tinto gets underwayExploration and development company Bluejay Mining said exploration activity at the Enonkoski joint-venture project with Rio Tinto got underway after the remaining conditions to kick off operations...
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15 Jan
09:21Serabi Gold reports slight increase in fourth quarter gold productionSerabi Gold reported fourth quarter gold production of 7,254 ounces, a small improvement on the third quarter, resulting in an annual total of 32,003 ounces. The Brazilian focused gold mining and...
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15 Jan
07:57Urban Logistics makes £16m acquisition and posts rent updateUrban Logistics has acquired an off-market a logistics site in Bromborough, Wirral for £16.3 million at a 5.0% NIY, as part of the deployment of capital raised from the company's recent...
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15 Jan
07:48Meggitt expects 2020 results to be in line with guidanceMeggitt said it expects to deliver full year results for the group in line with guidance and that with the vaccine rollout it remains well placed for a recovery in 2021. The UK supplier of...
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15 Jan
07:38British American Tobacco says Serious Fraud Office ends corruption probeTobacco giant British American Tobacco said the Serious Fraud Office had ended its probe into suspicions of corruption activity carried out by the company. The SFO would not be taking no...
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15 Jan
07:26TRIG acquires interest in offshore windfarmThe Renewables Infrastructure Group Limited (TRIG) said it has exchanged contracts to acquire an equity interest of 17.5% in the Beatrice offshore wind farm from Copenhagen Infrastructure Partners....
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15 Jan
07:21Hammerson's CFO James Lenton to step downShopping centre owner Hammerson said that James Lenton would step down as chief financial officer. 'The board has commenced a search for his successor and James [Lenton] will continue as chief...
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15 Jan
07:17AstraZeneca non-small cell lung cancer drug wins approval for new dosing in EUPharmaceutical giant AstraZeneca said its non-small cell lung cancer drug Imfinzi had been approved in the European Union and the UK for an additional dosing option. The approval from the...
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15 Jan
07:09Segro reports strong rent collectionProperty group Segro said it had collected 98% of all rents for the year ending 31 December 2020. As at 14 January, the company had received 88% of the £63 million of rent due in respect of UK...
