Market news


Babcock reportedly set to flag string of asset writedowns; shares slump

Engineer company Babcock slumped Friday as the defence company is reportedly set to announce a string of asset writedowns costing several hundred million pounds, according...

Fri, 09/04/2021 - 08:46


Enwell Energy production up 1.5% in Q1 as natural field decline offsets output from new wells

Oil and gas company Enwell Energy said production volumes in the first quarter of 2021 increased by approximately 1.5% year-on-year as new production volumes from...

Fri, 09/04/2021 - 08:32


Versarien enters £1.93m strategic investment by Graphene Lab

Advanced materials engineering group Versarien has entered into a wide-ranging series of agreements with Graphene Lab to advance both companies' proposed activities in South Korea....

Fri, 09/04/2021 - 08:06


Directa Plus appoints Giorgio Bonfanti as CFO

Graphene nanoplatelets based-products supplier Directa Plus said it had appointed Giorgio Bonfanti as chief financial officer starting 31 May 2021.

Bonfanti has been employed...

Fri, 09/04/2021 - 08:02


Asos prices convertible bond offering

Online fashion retailer Asos its subsidiary Cornwall (Jersey) Limited priced its offering of £500 million of senior unsecured guaranteed convertible bonds due 2026 at par....

Fri, 09/04/2021 - 07:49


Boohoo's signs lease on new warehouse in Daventry in effort to boost capacity

Online fashion retailer Boohoo said it has agreed a long-term lease for a new warehouse in Daventry, due to become operational in the second quarter...

Fri, 09/04/2021 - 07:46


Frasers flags further asset writedowns as third wave likely to trigger new Covid-19 restrictions

Frasers group, formely Sports Direct, reported flagged a further writedown in excess of £200 million to its assets owing the pandemic impact as it envisaged...

Fri, 09/04/2021 - 07:28


Cambridge Cognition wins £0.5m contract from pharmaceutical client

Cambridge Cognition said it has won a contract, worth approximately £0.5 million, from a new pharmaceutical client to provide cognitive assessments in an at-home clinical...

Thu, 08/04/2021 - 09:43


Diversified Gas & Oil says bank partners reaffirm existing $425m credit facility

Diversified Gas & Oil said its bank lending group, led by KeyBank National Association had reaffirmed the existing $425 million borrowing base of the company's...

Thu, 08/04/2021 - 08:28


Anglo American to demerge thermal coal operations in South Africa

Anglo American said it has demerged its thermal coal operations in South Africa as the mining giant seeks to move away from thermal coal and...

Thu, 08/04/2021 - 07:43


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