Economic and Market News for 22 May 2019

Events and business information group Informa said it had agreed to an asset swap with IHS Markit. Informa said it would exchange its agribusiness titles for IHS Market's telecoms, media and...

Software supplier to transport markets 21st Century Technology said it had won a three-yra contract extension to an existing framework agreement with Arriva UK Bus through to April 2022. The...

Bushveld Minerals said ore reserves had more than doubled at its Vametco vanadium mine near Brits in South Africa. Ore reserves had grown to 279,100 tonnes of V2O5 in magnetite, up from 137,152...

Private investment company EPE Special Opportunities said chairman Geoffrey Vero had died. A board meeting had been convened for next week to appoint a successor. The company said Vero had made...

Greatland Gold said it expected to commence a detailed aeromagnetic survey over the entire Paterson Range East licence in Australia in early June. The licence lies approximately 25 kilometres...

Tanfield noted that investee company and aerial work platform business Snorkel International Holdings had posted a deeper first-quarter loss due to rising costs and margin contraction. Sales at...

Eqtec said it had signed a framework agreement with California-based power company Phoenix Biomass Energy. Phoenix builds, owns and operates on-site biomass gasification plants in partnership with...

Rockfire Resources said it had identified clear targets at the Copper Dome prospect in Australia's Queensland state following soil sampling. The sampling returned strongly anomalous results up to...

Budget hotel group EasyHotel confirmed that it had completed the acquisition of its new site in Blackpool. Planning permission for the 104 - room purpose-built hotel had recently been granted...

Inland Homes said planning application at Wilton Park, Beaconsfield was scheduled to go before the planning committee in early June, with an officer's recommendation for approval. Its planning...

Hargreaves Services warned profits could come under pressure if British Steel ceased trading. Hargreaves supplies - supplier of materials handling and other services to British Steel's...

Getech said the Sierra Leone government announced the reopening of its fourth licensing round, paving the way for companies to submit proposals to acquire licences to explore and develop Sierra...

Internet of Things company investor Telit Communications said it had appointed Paolo Dal Pino as its new chief executive. The company had also appointed Simon Duffy as its new chairman. Dal Pino...

Motif Bio said it had signed an agreement with Otto-von-Guericke University Magdeburg to conduct a study evaluating iclaprim in an in-vitro model of ocular toxoplasmosis. The research would focus...

Healthcare technology company Induction Healthcare made its debut on the London Stock Exchange trading under the ticker 'INHC.L'. Upon admission, the company would have a market capitalisation of...

The UK consumer price index rose to 2.1% in April, up from 1.9% in March, according to the Office for National Statistics. The market was expecting a greater rise to 2.2%. Story provided by...

Sound Energy said it had put its Moroccan assets up for sale, a day after it reported disappointing flow results from a new discovery there. The company said it had hired Rothschild to market the...

In-game advertising group Bidstack said it would be providing in-game advertising within Codemasters' forthcoming GRID game. The GRID game delivers racing action in some of the world's most...

Big Yellow sold the part of the Wyvern Industrial Estate in London that it does not occupy for £11.8m. Big Yellow acquired the entire estate for £29m (including costs) in January 2019, giving...

Acaca Mining urged shareholders to 'take no action' after Barrick Gold tabled an offer for the remaining shares in the company. The buyout offer would be in the form of new common shares in...

OptiBiotix Health said it had appointed Extensor as exclusive distributor of its consumer weight management products in Poland. The agreement granted Extensor the exclusive rights to import,...

Omega Diagnostics said it had raised £635k to provide working capital as the company continues to develop its HIV testing kit. New shares in the company were issued at 10p each. 'We are pleased...

People-screening technology supplier Thruvision said it had won two contracts with US customers which amounted to $3.1 million of equipment and support. The first $2.3m will be delivered in the...

Multimedia content producer Zinc Media Group said it had won a number of new commissions totalling £5.1m, including two returning series and a new repeatable series. Manchester-based Blakeway...