Latest News
London close: Stocks edge down in quiet trade; jobless claims in focus
London stocks ended a little lower on Thursday, underperforming their European and US peers after hitting a 22-month high in the previous session.
Europe close: Stocks cling to gains in year's penultimate session
European shares managed to cling to positive territory on 2021’s penultimate day on Thursday, taking a cue from Wall Street’s sixth successive positive session overnight despite a continuing surge in Omicron cases.
Challenger bank Shawbrook said to be exploring £1bn London listing
The owners of challenger bank Shawbrook are reportedly exploring plans to list it on the London Stock Exchange less than five years after taking it private.
US open: Stocks rise after jobless claims data
US stocks rose on Thursday in holiday-thinned trade, as investors digested the latest jobless claims, with the Dow and the S&P hitting record highs.
Director dealings: IQGeo director buys, Wheaton director sells on quiet Thursday
IQGeo non-executive director Max Royde was the only name on the list of buyers amid very thin trading on the penultimate day of 2021 on Thursday.
Beximco launches generic version of Pfizer's Covid-19 pill
Generic drug manufacturer Beximco Pharmaceuticals announced the launch of the world's first generic version of Pfizer's Covid-19 treatment ‘Paxlovid’, or nirmatrelvir and ritonavir tablets co-packaged for oral use, on Thursday.
Globaltrans extends Metalloinvest contract for two years
Globaltrans announced on Thursday that it has extended its service contract with global producer and supplier of HBI and iron ore products Metalloinvest for a two-year period.
Sure Ventures portfolio firm CameraMatics completes series B round
Early-stage software venture capital fund Sure Ventures announced a series B funding round for portfolio company Mysafedrive on Thursday, which trades as CameraMatics.
Vaalco Energy registered to make possible future US offerings
Vaalco Energy filed a $150m shelf registration statement on Thursday, with the US Securities and Exchange Commission (SEC).
Tufton Oceanic Assets buys product tanker, handysize bulker
Tufton Oceanic Assets has agreed to acquire a product tanker for $30. 9m and a handysize bulker for $23. 6m, it announced on Thursday.
Elbit Imaging offloads more shares in Plaza Centers
Eastern Europe and India-focussed shopping centre operator Plaza Centers announced a further diminishing in the ownership of its major shareholder Elbit Imaging on Friday.
Directors lend Ironveld £0.2m ahead of expected Grosvenor investment
Ironveld announced on Thursday that it has entered into loan facility agreements with directors Giles Clarke and Nick Harrison for up to £0. 2m, to allow it “flexibility” in meeting its operating costs before the planned investment from Grosvenor Resources completed.
Galileo enters joint venture deal over possible Zambia project
Galileo Resources has entered into a joint venture agreement with private Zambian company Statunga Investments, it announced on Thursday, which holds the Luansobe Project.
President Energy shares plunge as Atome is admitted to AIM
President Energy shares plunged on Thursday afternoon, following the admission of Atome Energy to trading on AIM and completion of the dividend in specie in relation to Atome.
Record energy prices see Prospex receive repayment from El Romeral
Europe-focussed gas and power project investor Prospex Energy updated the market on the El Romeral power plant in southern Spain on Thursday, which it said was currently providing a “very healthy income” from selling electricity into the Spanish spot market at record levels.
US weekly jobless claims lower than expected
US weekly jobless claims came in at 198,000 for the week to December 25, according to data published by the US Department of Labor on Thursday and below expectations of 208,000.
Car and home insurers to be banned from penalising loyal customers
Customers renewing their home or motor insurance from 1 January will be charged no more than new customers under rules being implemented by the Financial Conduct Authority in the new year.
London midday: Stocks steady in thin holiday trade
London stocks were steady by midday on Thursday in holiday-thinned trade, having hit a 22-month high a day earlier, .
Santander accidentally pays out £130m in Christmas blunder - report
Santander was reportedly scrambling on Wednesday night to recover £130m accidentally paid out to tens of thousands of people and businesses on Christmas Day.
Asia report: Markets mixed, SenseTime jumps 7pc on delayed debut
Markets were mixed in Asia on Thursday, as stocks struggled for direction in the globally quiet period between the Christmas and New Year holidays.
Important Legal Notice about News Sources: Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news and we may not share the views of the author or publisher. We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.