Proactive news headlines: SourceBio International, Record, Mosman Oil and Gas…

Proactive news headlines: SourceBio International, Record, Mosman Oil and Gas…

The PCR COVID-19 testing service from SourceBio International PLC (AIM:SBI) was top of a short-list of four of “the best cheap day two Covid tests for travel” by the Which? consumer organisation. Record PLC (LSE:REC), the specialist currency and derivatives manager, saw client numbers grow by 2% in …

Jam-packed week ahead with Sunak’s Budget, and earnings from Apple, Microsoft, Lloyds, Shell and man

Jam-packed week ahead with Sunak’s Budget, and earnings from Apple, Microsoft, Lloyds, Shell and man

The coming week is jam-packed with company updates in what is the busiest part of results season in Europe and the US, while Rishi Sunak’s Budget, several central bank decisions and finishing with a G20 talks and the Cop26 climate summit. Among the near-50% of US companies and …

Jam-packed week ahead with Sunak’s Budget, Cop26 summit, and results from Apple, Microsoft, Lloyds,

Jam-packed week ahead with Sunak’s Budget, Cop26 summit, and results from Apple, Microsoft, Lloyds,

The coming week is jam-packed with company updates in what is the busiest part of results season in Europe and the US, while Rishi Sunak’s Budget, several central bank decisions and the Cop26 Among the near-50% of US companies and 35% of European companies scheduled to report next …

Budget: Chancellor to keep purse strings tight even with unexpected windfall

Budget: Chancellor to keep purse strings tight even with unexpected windfall

Chancellor Rishi Sunak delivers his third Budget on Wednesday and seemingly still with no definitive indicator on how Britain economically is recovering from coronavirus. At the start of this week, the backdrop was not encouraging. Headlines have been dominated by covid-inspired supply chains issues and shortages, soaring gas …

IPO surge boosts London Stock Exchange but shares fall

IPO surge boosts London Stock Exchange but shares fall

A surge in the number of IPOs buoyed London Stock Exchange’s third quarter. Junior market AIM saw 20 companies list during the period or 16 more than in the same period a year ago. That helped the exchange’s Equities division increase revenues by 15.4%, with the …

ProShares ‘BITO’ ETF nearing contracts limit

ProShares ‘BITO’ ETF nearing contracts limit

ProShares Bitcoin Strategy ETF (NYSE:BITO) is about to hit the limiter, after racing to US$1bn of assets under management in a matter of days. The exchange-traded fund (ETF) is currently holding 1,900 future contracts for the month of October alone, which becomes problematic as the limit, set by …

Ironveld soars as South African group takes 29.9% stake

Ironveld soars as South African group takes 29.9% stake

2.35pm: Ironveld gets strong backing from group of young, black entrepreneurs Ironveld PLC (AIM:IRON) shot up 48% to 0.90p after it received a significant cash injection. Grosvenor Resources, a new South African private company formed by young black entrepreneurs who wish to expand their investments and …

Green bonds get thumbs down from experts due to paltry interest rate

Green bonds get thumbs down from experts due to paltry interest rate

UK green bonds went on sale to the public today in the first issue by National Savings and were immediately hit by a volley of brickbats about the ‘paltry’ interest they are paying. Designed to provide cash for the government’s transition of the UK economy to a greener, …