HSBC reveals better than expected dividend, and InterContinental Hotels looks to the future

“European and Asia markets managed to escape the hangover that US investors are now nursing after last night’s big tech sell-off on Wall Street,”...

Tue, 23/02/2021 - 10:48


Kosmos Energy plans $400 billion bond offering to fund debt repayment

Oil and gas company Kosmos Energy said it intended to offer $400 million aggregate principal amount of senior notes due 2028.

The net proceeds...

Tue, 23/02/2021 - 09:59


Rainbow Rare Earths says Gakara processing plant to cost $35.2m

Mining group Rainbow Rare Earths said an updated feasibility study had pegged the construction cost of a processing facility in South Africa for its Gakara...

Tue, 23/02/2021 - 09:58


Goldplat touts progress on sale of Kilimapesa mine to Mayflower Gold

Gold producer Goldplat touted progress on efforts to conclude its sale of the Kilimapesa gold mine in Kenya to Mayflower Gold Investments.

The formal legal...

Tue, 23/02/2021 - 09:49


Springfield Properties first-half profit jumps; upgrades annual guidance

Scottish housebuilder Springfield Properties booked a 42% rise in first-half profit and upgraded its annual guidance, after construction bounced back following lockdowns.

Pre-tax profit for...

Tue, 23/02/2021 - 09:41


Feedback losses widen in H1 on costs to roll out, improve flagship product

Medical imaging company Feedback reported wider first-half losses on increased investment to develop and roll out its flagship medical messaging device.

For the six...

Tue, 23/02/2021 - 09:40


First Derivatives makes £10m gain on sale of Quantile Technologies

Technology provider First Derivatives said it had agreed to sell part of its investment in Quantile Technologies to Spectrum Equity for £11 million.

The...

Tue, 23/02/2021 - 09:35


Strategic Minerals investigates possible extensions at Redmoor play

Mining group Strategic Minerals said its Cornwall Resources unit was investigating the possible presence of extensions of mineralisation to the west of the presently established...

Tue, 23/02/2021 - 09:34


Diurnal losses widen in H1 on higher costs; eyes Chronocort European launch in Q3

Pharmaceutical group Diurnal reported a wider losses the first half of the year on higher expenses.

For the six months ended 31 December 2020,...

Tue, 23/02/2021 - 09:32


SimplyBiz says Zahid Bilgrami standing down; John Milliken to lead Defaqto

Fintech group SimplyBiz said Zahid Bilgrami, the head of its recently acquired research business Defaqto, was standing down.

Bilgrami had been working on his departure...

Tue, 23/02/2021 - 09:30


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