FTSE 100 up 0.7% amid M&A news and China rate cut

The FTSE 100 was up 0.7% to 7,596.80 by midday on Monday after China cut interest rates overnight in response to slowing growth while there...

Mon, 17/01/2022 - 12:06


Unilever and Glaxo shares move in opposite directions on unit bid news, FTSE 100 up, and Taylor Wimpey reassures on cladding costs

Unilever / GlaxoSmithKline

“The market has given a thumbs down to news that Unilever has bid for GlaxoSmithKline’s consumer goods division. The negative...

Mon, 17/01/2022 - 10:11


CIP Merchant Capital mulling improved offer from Corporation Financiere Europeenne

CIP Merchant Capital said it was mulling an improved offer of 55 pence per share offer for the company from Corporation Financiere Europeenne, though flagged...

Mon, 17/01/2022 - 10:01


Palace Capital acquires office building in Maidenhead, Berkshire for £10.3m

Property investor Palace Capital said it had acquired an office building in the centre of Maidenhead, Berkshire for £10.3 million.

The purchase price reflected a...

Mon, 17/01/2022 - 09:53


Drumz's Acuity Risk Management wins several new customer for cyber security product

Drumz said its investee company Acuity Risk Management had recently won several new customers.

The business wins were for Acuity Risk Management's Steam integrated...

Mon, 17/01/2022 - 09:48


PetroNeft to leave loan in place after exploring potential refinancing

Russia focused oil company PetroNeft said it had decided to to leave a financing facility as is, following talks to potentially refinance the loan.

PetroNeft...

Mon, 17/01/2022 - 09:46


CentralNic sees annual performance topping market expectations 'accelerated' Q4 growth

Internet services group CentralNic said it expected annual performance to top market expectations as growth accelerated in the final quarter of the year.

Revenue was...

Mon, 17/01/2022 - 09:41


Vela Technologies invests £0.75m in EnSilica

Investment group Vela Technologies said it had poured £0.75 million into EnSilica, a fabless semiconductor design business.

The investment was made in form of convertible...

Mon, 17/01/2022 - 09:34


Iofina meets iodine production target in H2

Iodine explorer and producer Iofina said it had met its production target in the second half of the year.

During H2 2021, the company...

Mon, 17/01/2022 - 09:33


Inland Homes to proceed with Hillingdon plans after legal challenge quashed

Brownfield developer and housebuilder Inland Homes said a legal review launched by the London Borough of Hillingdon to challenge the company's plans to build 513...

Mon, 17/01/2022 - 09:28


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