Economic and Market News for 26 November 2020
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26 Nov
10:02Jersey Oil & Gas to acquire CIECO V&C from ITOCHU CorporationOil and gas company Jersey Oil & Gas said it had entered into a conditional sale and purchase agreement to acquire CIECO V&C from ITOCHU Corporation. The acquisition secured an additional...
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26 Nov
09:54Remote Monitored Systems provides update on P2F anti-viral mask production lineSurvey and inspection services group Remote Monitored Systems has received an update from its subsidiary Pharm 2 Farm (P2F) about the delivery of its new anti-viral mask production line. In an...
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26 Nov
09:36Amigo swings to H1 loss as weaker lending activity dents performanceGuarantor loans provider Amigo swung to a loss in the first half of the year as a pause in all new lending activity to key workers and the impact of Covid-19 payment holidays hurt performance....
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26 Nov
09:17VR Education confirms launch date for Shuttle Commander on PC VR platformsVirtual reality software provider VR Education has announced that its 'showcase experience', Shuttle Commander, will be released on 30 November 2020 at 6pm CET for all PC based VR platforms....
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26 Nov
09:03Norman Broadbent secures £250,000 loan facility under Business Interruption SchemeExecutive recruitment firm Norman Broadbent has secured a £250,000 six-year term loan facility under the British Business Bank's Coronavirus Business Interruption Loans Scheme (CBILS) from Metro...
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26 Nov
09:02Actual Experience wins order for human experience management offeringActual Experience said it had won an order for its human experience management offering from an unnamed energy supplier. Under the contract, the company will undertake a business impact...
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26 Nov
08:56Atlas Mara to sell banking assets in Rwanda and Tanzania to KCBFinancial services company Atlas Mara said it had entered into definitive agreements to sell its banking assets in Rwanda and Tanzania to KCB. As part of the transaction, KCB would acquire Atlas...
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26 Nov
08:50Chesterfield Resources gets £2.1 million investment from PolymetalMining company Chesterfield Resources said that Polymetal International had agreed to invest £2.1 million in the company for a 22.5% stake. The transaction required approval from Financial...
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26 Nov
08:38Vodafone completes Indus Towers and Bharti Infratel mergerTelecom company Vodafone has announced that the merger of Indus Towers and Bharti Infratel has completed. It said the combined company is listed on the National Stock Exchange of India and the...
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26 Nov
08:13LXi REIT acquires 11 foodstores and two discount stores for £61 millionReal estate investment company LXi REIT said it had acquired 11 foodstores and two discount stores from five different vendors and developers for £61 million. The acquisitions had been acquired...
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26 Nov
08:09Aviva cuts dividend in effort to pay down debt as pandemic impact continuesAviva cut its dividend by almost a third as the insurance company persisted with efforts to pay down debt and bolser its balance sheet. The company declared a 7.0 pence per share interim...
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26 Nov
07:44PZ Cussons appoints CFO from Nomad FoodsConsumer goods group PZ Cussons has announced the appointment of Sarah Pollard as chief financial officer and member of the board of directors with effect from 4 January 2021. Pollard joins PZ...
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26 Nov
07:37SSE Renewables and Equinor achieve financial close for first two phases of Dogger Bank Wind FarmPower utility SSE has announced that SSE Renewables, with its 50:50 joint venture partner Equinor, has reached financial close on the first two phases of Dogger Bank Wind Farm. The two companies...
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26 Nov
07:22Bodycote sees recovery underway; revenue falls in four months through OctoberHeat treatment company Bodycote reported that revenue fell by fifth in the four months through October from the same period last year, though there were signs a recovery was underway following a...
