UPDATE: Royal Mail owner IDS shuns ‘opportunistic’ bid from Kretinsky

International Distributions Services PLC, the owner of Royal Mail, on Wednesday confirmed it had rejected an ‘opportunistic’ offer from EP Corporate Group AS.

IDS said it...

Wed, 17/04/2024 - 18:10


UK stocks fight back, Royal Mail bid approach, Tesla returns to $56 billion pay deal for Elon Musk days after big workforce cull and travel sector flies on United Airlines’ results

“After a slow start, the UK stock market eventually burst into life and the FTSE 100 headed back on the right path towards the all-important...

Wed, 17/04/2024 - 17:56


LONDON MARKET CLOSE: Stocks mostly up despite hawkish Fed, UK inflation

Stock prices in London closed largely up on Wednesday, as the FTSE 100 shrugged off hotter-than-expected UK inflation data.

The FTSE 100 index closed up 27.63...

Wed, 17/04/2024 - 17:01


IN BRIEF: Visum Technologies ends negotiations to acquire two firms

Visum Technologies PLC - London-based provider of video technology for the leisure sector - Says all parties have agreed to end negotiations and terminate a...

Wed, 17/04/2024 - 15:35


Marula Mining on track to double capacity at Larisoro project in Kenya

Marula Mining PLC on Tuesday said it had secured a mineral dealer’s trading licence for manganese ore in Kenya.

In March, the African-focused mining and development...

Wed, 17/04/2024 - 14:33


Union Jack Oil in ‘excellent financial health’ as Wressle impresses

Union Jack Oil PLC on Wednesday said its latest drilling and development campaign will commence at the earliest opportunity once approved by regulators.

Union Jack, an...

Wed, 17/04/2024 - 14:28


IN BRIEF: AltynGold shares up as processing plant progresses to plan

AltynGold PLC - London-based exploration and development company with assets in Kazakhstan - Announces expansion of processing plant at Sekisovskoye is progressing as scheduled. Notes...

Wed, 17/04/2024 - 14:25


IN BRIEF: ENAV inks €720,000 contract with Fiji Airports

ENAV Spa - Rome-based provider of air traffic management services - Subsidiary IDS AirNav wins €720,000 contract with Fiji Airports Ltd for the supply, installation,...

Wed, 17/04/2024 - 14:16


Aura Energy amends offtake agreement with Curzon for Tiris project

Aura Energy Ltd on Tuesday said it has amdended its offtake agreement with Curzon Uranium Ltd regarding the development of the Tiris uranium project in...

Wed, 17/04/2024 - 14:15


IN BRIEF: Hummingbird issues step-in notice regarding Kouroussa mine

Hummingbird Resources PLC - gold producer with operations in Mali, Guinea and Liberia - Says continued to engage with Ivory Coast-based Corica Mining Services, which...

Wed, 17/04/2024 - 14:11


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