Sovereign Metals gets Rio Tinto backing to tune of £21 million

Rio Tinto PLC has snapped up a 15% stake in Sovereign Metals Ltd, the AIM-listed exploration and development company said on Monday.

Rio has invested...

Mon, 17/07/2023 - 09:24


Gore Street Energy Fund annual loss widens, net asset value grows

Gore Street Energy Storage Fund PLC on Monday reported a higher net asset value, but said its annual loss widened on increased costs.

The London-based...

Mon, 17/07/2023 - 09:22


LONDON BROKER RATINGS: JPMorgan cuts Spectris; Berenberg likes Victrex

The following London-listed shares received analyst recommendations Monday morning:

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FTSE 100

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RBC raises abrdn price target to 155 (145) pence - ’underperform’

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Barclays raises Land Securities price target...

Mon, 17/07/2023 - 09:20


Futura Medical agrees US licensing deal with Haleon for Med3000 gel

Futura Medical PLC on Monday said it agreed a licensing deal with Haleon PLC for the rights to exclusively commercialise Futura’s erectile dysfunction treatment Med3000...

Mon, 17/07/2023 - 09:13


LONDON MARKET OPEN: Stocks in the red as China data disappoints

Stock prices in London fell at Monday’s open, after lower-than-expected gross domestic product growth in China, and before earnings from big US companies.

The FTSE 100...

Mon, 17/07/2023 - 08:57


IN BRIEF: LXi REIT investment advisor’s CFO steps down

LXi REIT PLC - London-based commercial real estate-focused investment trust - Says investment advisor LXi REIT Advisors Ltd’s Chief Financial Officer Freddie Brooks has decided...

Mon, 17/07/2023 - 08:55


Ruffer Investment says it ‘miscalibrated’ as asset value falls in year

Ruffer Investment Co Ltd on Monday said its net asset value decreased over the past year, blaming both economic headwinds and its own mistakes, but...

Mon, 17/07/2023 - 08:45


Oxford Nanopore maintains outlook after ‘strong’ half-year growth

Oxford Nanopore Technologies PLC on Monday said it expects to report half-year growth and the nanopore sequencing firm backed yearly guidance.

Oxford Nanopore said revenue...

Mon, 17/07/2023 - 08:40


Trustpilot names former Just Eat operating chief as chief executive

Trustpilot Group PLC on Monday named Adrian Blair as its new chief executive officer, effective from September 13.

The Copenhagen-based online consumer reviews platform said Blair...

Mon, 17/07/2023 - 08:33


Diversified Energy sells ‘undeveloped’ assets for $16 million

Diversified Energy Co PLC on Monday reported that it had sold assets in Oklahoma for a net $16 million to an undisclosed buyer.

The Alabama,...

Mon, 17/07/2023 - 08:21


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