Microsaic Systems books annual loss; says coronavirus has hurt sales

Mass spectrometry developer Microsaic Systems posted a full-year loss a rise in revenue was offset by higher R&D spending.

The company, however, said sales had...

Mon, 09/03/2020 - 07:50


Union Jack Oil ups stake in Keddington oil field to 55%

Union Jack Oil said it had acquired an additional 35% economic interest in the Keddington oil field in the UK's east midlands from Terrain Energy....

Mon, 09/03/2020 - 07:44


Abcam mulls dividend change amid plans to boost investments; profit falls as margins compress

Life science research tools provider Abcam reported a fall in profit as a ramp-up in investments weighed on margins offsetting a rise in revenue. The...

Mon, 09/03/2020 - 07:43


Tern raises capital to fund investments, strengthen balance sheet

Internet of things investor Tern said it had raised £0.8m through a share subscription, to facilitate new investments and strengthen its balance sheet.

News shares...

Mon, 09/03/2020 - 07:40


MySale appoints Mats Weiss as CFO

Online retailer MySale said it had appointed Mats Weiss as chief financial officer.

Weiss had held various senior financial and strategy roles at Twentieth Century...

Mon, 09/03/2020 - 07:37


Serica Energy restarts production at Bruce platform earlier than hoped

Oil company Serica Energy said production has restarted from the Bruce platform in the North Sea earlier than it had originally hoped.

Production was halted...

Mon, 09/03/2020 - 07:35


Renewi appoints Ben Verwaayen as chairman

Waste management company Renewi said it had appointed Ben Verwaayen as its new chairman, to replace Colin Matthews from the beginning of April.

Verwaayen had...

Mon, 09/03/2020 - 07:31


Drax secures power contracts worth £37m

Energy company Drax confirmed that it had provisionally secured agreements to provide a total of 2,562 megawatt capacity from its existing gas, pumped storage and...

Mon, 09/03/2020 - 07:28


Phoenix finance director Jim McConville to stand down in May

Insurance company Phoenix said its finance director Jim McConville would stand down in May after having spent eight years with the company.

McConville, who was...

Mon, 09/03/2020 - 07:26


Network International profit rises as transaction volumes swell

Payments technology company Network International booked a 14% rise in annual profit from continuing operations, after it processed a greater volume of transactions in the...

Mon, 09/03/2020 - 07:22


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