Kosmos Energy swings to profit in Q4; forecast fall in 2021 output

Kosmos Energy swung to profit in the fourth quarter of 2020 as cost cuts offset a fall in revenue. The company, however, forecast a fall...

Mon, 22/02/2021 - 09:10


Reabold Resources offers £1m convertible loan to Corallian Energy

Oil company Reabold Resources said it had entered into a conditional convertible loan instrument that would see it advance £1 million to Corallian Energy.

The...

Mon, 22/02/2021 - 09:06


RTC profit slumps 51%; pays no dividend

Recruitment business RTC scrapped its dividend after its annual profit slumped 51%.

Pre-tax profit for the year through December dropped to £0.87 million, down from...

Mon, 22/02/2021 - 08:56


Chariot Oil & Gas teams up with Subsea Integration Alliance on Anchois gas project in Morocco

Energy company Chariot Oil & Gas said it had signed a collaboration agreement with Subsea Integration Alliance to work together to enable the construct and...

Mon, 22/02/2021 - 08:56


OnTheMarket upgrades annual earnings, revenue guidance

Property portal OnTheMarket upgraded its earnings and revenue guidance, citing a strong performance over Christmas and through January.

Adjusted operating profit for the year to...

Mon, 22/02/2021 - 08:51


Maestrano forms advisory board for Cordel business

Transport corridor analytics group Maestrano said it had set up an international advisory board for its Cordel automated infrastructure monitoring subsidiary.

Maestrano said it had...

Mon, 22/02/2021 - 08:46


Ridgecrest says trading of shares on AIM restored

Cash shell Ridgecrest said trading of its shares on AIM had been restored.

Trading had been suspended since 28 January.

The company noted that the...

Mon, 22/02/2021 - 08:43


Phoenix Copper draws down on debt facility for Empire mine in Idaho

Mining company Phoenix Copper said it had drawn down on a £2 million debt facility to accelerate development of the Empire mine open pit project...

Mon, 22/02/2021 - 08:40


Finsbury Foods profit falls in H1 on pandemic impact

Bakery goods manufacturer Finsbury Foods reported a fall in first-half profit as revenue was hurt by a pandemic fueled hit to foodservice amid ongoing government...

Mon, 22/02/2021 - 08:39


FTSE opens 0.9% lower as US bond yields rise

UK stocks opened lower on Monday as rising US bond yields and inflation fears tempered Covid vaccine optimism.

At 0824, the benchmark FTSE 100 index...

Mon, 22/02/2021 - 08:36


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