magazine 6 Aug 2020

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Talking about a 5G revolution. The companies and funds exposed to the new era of digital communications.

Also in this week’s magazine: the implications of a commodities comeback and a look at when a big increase in subscribers for Spotify might translate into profit.

FTSE closes higher, WH Smith edges ahead on cost cutting, bid buoys Hastings

UK stocks closed in positive territory on Wednesday, buoyed by strength in miners as the gold price continued to surge and with oil stocks in...

Wed, 05/08/2020 - 17:02


Target Healthcare raises quarterly dividend as performance improves

Care home investor Target Healthcare said its net asset value nudged higher in the fourth quarter amid a rise in the value of its portfolio....

Wed, 05/08/2020 - 15:01


Airtel Africa and Kenya's Telkom terminate merger plan

Africa-focused telecom and payments group Airtel Africa said it was no longer planning to merge with Kenya's Telkom after both parties decided to abort the...

Wed, 05/08/2020 - 14:10


Mosman Oil and Gas poised for start of drilling at Champion project in Texas

Mosman Oil and Gas said site preparation for the Falcon-1 well at the Champion project in Texas was complete.

Drilling was expected to commence shortly...

Wed, 05/08/2020 - 13:53


AfriTin Mining output up in July; continues to address mine bottlenecks

Namibia-focused tin miner AfriTin Mining said output had increased during the month of July and that it was continuing to address bottlenecks at its Uis...

Wed, 05/08/2020 - 13:43


OptiBiotix Health extends licence pact with OptiPharm to include Europe

Dietary supplements group OptiBiotix Health said it had extended the terms of an exclusive licence agreement with Australia's OptiPharm.

The agreement signed in March had...

Wed, 05/08/2020 - 13:37


US non-farm employment rises by a disappointing 167k in July

US non-farm employment rose by 167k in July, according to ADP Research Institute.

The increase was below market expectations for a rise of 1.2m....

Wed, 05/08/2020 - 13:18


Hummingbird Resources quarterly output falls; affirms annual guidance

Mali and Guinea focused miner Hummingbird Resources posted a fall in second-quarter production amid disruptions from the Covid-19 pandemic, though the company stuck to its...

Wed, 05/08/2020 - 13:16


WH Smith to cut up to 1,500 jobs; warns of annual loss

Book and convenience retailer WH Smith said it could make up to around 1,500 roles redundant amid a slump in footfall at its airport and...

Wed, 05/08/2020 - 12:57


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