FTSE losses accelerate on inflation concern

The impact of the energy crisis on inflation spooked investors with the FTSE 100 sinking 1.6% to 6,967.48.

Tesco jumped 5.0% to 265.55p, having reported...

Wed, 06/10/2021 - 12:49


Oriole Resources identifies gold targets in Cameroon

Mining company Oriole Resources said it had indented multiple gold targets at its 90%-owned Central Licence Package in Cameroon.

The said assay results for the...

Wed, 06/10/2021 - 10:17


IP Group's CEO, CIO to retire

Intellectual property-based businesses developer IP Group said Alan Aubrey, chief executive officer, and Mike Townend, chief investment officer, were retiring.

Greg Smith, chief financial officer,...

Wed, 06/10/2021 - 10:04


Tesco’s sales and profits are ahead of expectation, and TUI lines up €1.1 billion rights issue

“A continuing surge in energy prices means the sceptre of inflation is looming large over the markets again with the FTSE 100 down more than...

Wed, 06/10/2021 - 09:56


President Energy executive chairman convert part of loan into shares

Argentina-focused oil group President Energy said executive chairman Peter Levine had converted some a loan to the company into shares.

The company had in 2018...

Wed, 06/10/2021 - 09:52


Saint-Gobain unveils 2021-to-2025 plan to accelerate growth

Construction material company Saint-Gobain said it would target sales growth of 3% to 5%, and €2 billion buyback programme over the 2021 to 2025 period...

Wed, 06/10/2021 - 09:45


Karelian Diamond Resources sees diamond potential in Lahtojoki area

Karelian Diamond Resources said results from a geological survey of Finland indicated potential for the presence of diamonds from the kimberlite source at the company's...

Wed, 06/10/2021 - 09:35


Manolete Partners says performing in line despite insolvency protections

Insolvency litigation financing specialist Manolete Partners said it had performed well in the half despite insolvencies being kept at bay by government support measures for...

Wed, 06/10/2021 - 09:35


Arix Bioscience appoints Robert Lyne as permanent CEO

venture capital company Arix Bioscience said it had appointed Robert Lyne as permanent chief executive officer following six months as interim CEO.

The company...

Wed, 06/10/2021 - 09:32


Alpha FMC reports 'strong' net fee income growth in H1 amid rising demand

Financial services company Alpha FMC said increased client demand had delivered 'strong' double-digit organic net fee income growth compared to the first half of the...

Wed, 06/10/2021 - 09:30


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