UPDATE: BoE’s Bailey says too soon to be mulling interest rate cuts

Bank of England Governor Andrew Bailey on Thursday pushed back on hope that it will soon cut rates, believing there is still some ‘distance to...

Thu, 02/11/2023 - 13:32


LONDON MARKET MIDDAY: BoE follows Fed script and decides against hike

Investors banked on the Bank of England holding interest rates on Thursday and the central bank did just that, though Threadneedle Street did play to...

Thu, 02/11/2023 - 12:28


REA Holdings shares surge on new $50 million investment

REA Holdings PLC on Thursday said backer PT Dharma Satya Nusantara Tbk plans to invest a further $50 million in PT REA Kaltim plantations, and...

Thu, 02/11/2023 - 12:23


TOP NEWS: BoE leaves UK rates unmoved as warns of higher for longer

The Bank of England maintained UK interest rates at a 15-year high on Thursday, in a slightly less split vote by policymakers, as Threadneedle Street...

Thu, 02/11/2023 - 12:17


Southern Energy shares topple after completing fundraise

Southern Energy Corp on Thursday said it had raised £4.1 million in a placing of 26.6 million shares at 15.5 pence.

Shares in the Calgary, Canada-based...

Thu, 02/11/2023 - 12:12


Cerillion hails ‘major’ new customer win worth €12 million

Cerillion PLC on Thursday said it signed a ‘major’ new contract with an unnamed tier-1 telecommunications provider based in Europe.

The London-based billing, charging and customer...

Thu, 02/11/2023 - 12:11


Kin & Carta expects ‘modest’ growth this year after widened loss

Kin & Carta PLC on Thursday said its pretax loss widened and revenue decreased in its latest financial year, but that business has now stabilised...

Thu, 02/11/2023 - 12:04


Sabien Technology annual loss narrows slightly; eyes cost reductions

Sabien Technology Group PLC on Thursday said it is anticipating cost cuts of up to 50% via combining three devices into one as it reported...

Thu, 02/11/2023 - 11:55


IN BRIEF: Cordiant Digital Infrastructure buys Norkring Belgie

Cordiant Digital Infrastructure Ltd - Digital infrastructure investor - Agrees to buy Belgian operator of communication and broadcast towers, Norkring Belgie NV, from shareholders Telenor...

Thu, 02/11/2023 - 11:43


Baillie Gifford Japan raises final dividend despite investment losses

Baillie Gifford Japan Trust PLC on Thursday reported a negative total return and an albeit narrowed investments loss in its latest year, but still declared...

Thu, 02/11/2023 - 11:38


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