Economic and Market News for 22 May 2019
-
22 May
14:32Informa acquires technology, media brands in asset swap with IHS MarkitEvents 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...
-
22 May
13:5821st Century Technology inks three-year contract extension with Arriva UK BusSoftware 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...
-
22 May
13:56Bushveld Minerals doubles ore reserve estimate at Vametco vanadium mineBushveld 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...
-
22 May
13:50EPE Special Opportunities chairman diesPrivate 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...
-
22 May
13:46Greatland Gold to commence aerial survey in Australia next monthGreatland 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...
-
22 May
13:44Tanfield investee company Snorkel posts wider lossesTanfield 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...
-
22 May
13:34Eqtec signs joint venture agreement with Phoenix Biomass EnergyEqtec 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...
-
22 May
13:30Rockfire Resources identifies targets from soil sampling at Copper Dome playRockfire 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...
-
22 May
10:08EasyHotel completes acquisition of new site in BlackpoolBudget 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...
-
22 May
10:06Inland Homes says planing application at Wilton Park to go before planning committee in early JuneInland 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...
-
22 May
10:02Hargreaves Services warns collapse of British Steel could hurt profitsHargreaves 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...
-
22 May
09:52Sierra Leone offshore waters re-opened to tender, Getech saysGetech 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...
-
22 May
09:43Telit Communications appoints Paolo Dal Pino as CEOInternet 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...
-
22 May
09:39Motif Bio forms research agreement with Otto-von-Guericke University MagdeburgMotif 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...
-
22 May
09:37Induction Healthcare makes stock market debutHealthcare 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...
-
22 May
09:32UK consumer price index rises to 2.1% in AprilThe 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...
-
22 May
09:30Sound Energy puts Moroccan assets up for saleSound 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...
-
22 May
09:25Bidstack to provide in-game advertising for Codemasters fourth GRID gameIn-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...
-
22 May
09:20Big Yellow sells part of Wyvern Industrial Estate for £11.8mBig 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...
-
22 May
09:14Acaca Mining urges shareholders to 'take no action' after Barrick Gold tables buyout offerAcaca 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...
-
22 May
09:14OptiBiotix Health signs up Extensor as Poland distribution partnerOptiBiotix 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,...
-
22 May
08:25Omega Diagnostics raises capital to support HIV testing kit developmentOmega 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...
-
22 May
07:59Thruvision wins two US contracts worth $3.1mPeople-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...
-
22 May
07:56Zinc Media wins new commissions worth £5.1mMultimedia 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...
-
22 May
07:42Superdry appoints Wiggle finance head as its new CFOFashion retailer Superdry said it had appointed Nick Gresham as its interim chief financial officer. Gresham was currently CFO of online sports and cycling retailer Wiggle and had previously...