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Reabold maintains holding in Corallian Energy after latest funding round

Oil and gas investment company Reabold Resources has participated in the second tranche of Corallian Energy’s recently-completed round six fundraise, it announced on Friday.

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Bango subsidiary meets targets with two months spare

Mobile commerce company Bango on Friday said that its subsidiary, Audiens, has met targets ahead of plan following a number of European sales wins.

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Condor Gold submits assessments for La India feeder pits

Condor Gold announced on Friday that, following its announcement on 28 January of an updated mineral resource estimate on its 100%-owned La India Project, which included a new, high-grade open pit on the Mestiza Vein Set, and the announcement on 5 March that it had begun the permitting process for two high grade feeder pits, it has submitted environmental and social impact assessments to the Ministry of Environment and Natural Resources.

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Berenberg raises target price on Frontier Developments

Analysts at Berenberg raised their target price on shares of British video games group Frontier Developments to 1,600p from 1,350p on Friday, saying the company appears to be nearing an inflection point.

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Brooks Macdonald to buy Edinburgh-based Cornelian for up to £39m

Brooks Macdonald has agreed to buy Edinburgh-based wealth and asset manager, Cornelian, for up to £39m.

UK business activity hits worst level since July 2016

Business activity in the UK fell to its lowest level in November since after the referendum in July 2016 as Brexit uncertainty and the upcoming general election took their toll, according to data released on Friday.

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Chesnara buys portfolio of life and savings policies

Life and pensions company Chesnara has acquired a portfolio of term life and savings policies from the Dutch branch of Belgian-owned Argenta Bank-en Verzekeringsgroep.

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Galantas Gold shares tumble as loss widens, blasting restrictions bite

Shares in Galantas Gold dived on Friday as it reported a widened third-quarter loss and said blasting restrictions in Northern Ireland have begun to significantly drain its financial resources.

Nationwide interim profit slumps 33%

Nationwide posted a 33% slump in interim profit on Friday as it took a hit from payment protection insurance claims.

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Eurozone economy remains close to stagnation in November

The eurozone economy remained close to stagnation in November, according to preliminary figures released on Friday.

Hochschild Mining on track for 2019; cuts Pallancata forecasts

Hochschild Mining said it was “firmly” on track to meet 2019 output guidance, but cut 2020 production forecasts for its Pallancata operation due to permit issues.

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Live Company expands Nickelodeon and zoo-based partnerships

Live Company Group has reached an agreement for the expansion of the territories in which it can produce and exhibit themed tours associated with the Nickelodeon brand, including Nick Jr, as well as an update on its ‘BRICKLIVE Zoo’ programme on Friday.

SDX Energy revenues slip as it continues development strategy

Middle East and North Africa-focussed oil and gas company SDX Energy released its third quarter financial and operating results on Friday, reporting that production for the nine months ended 30 September increased to 3,501 barrels of oil equivalent per day net to SDX, compared with 3,455 barrels per day for the same period in 2018.

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Ariana Resources sees record revenue at Kiziltepe in third quarter

Turkey-focussed exploration and development company Ariana Resources updated the market on the quarter ended 30 September at its Kiziltepe Mine on Friday.

Europe open: Markets higher after Xi's trade optimism, PMIs in focus

European stocks were higher on Friday morning as investors' trade war worries were alleviated by comments from Chinese President Xi Jinping.

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Science in Sport to report 'small' full-year loss

Sports nutrition business Science in Sport said on Friday that it now expects to record a "small" underlying loss for the full year despite sales growth being projected to come in "slightly ahead" of expectations.

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Playtech issues profit warning as TradeTech struggles

Playtech warned on profits on Friday as it highlighted "challenging" conditions in its financial trading division, TradeTech.

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London open: Stocks recover ahead of manufacturing, services PMIs

London stocks rose in early trade on Friday, recovering from losses in the previous session as investors eyed readings on the UK manufacturing and services sectors and continued to keep an eye on trade developments.

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Mark Allan confirmed as next Land Securities CEO

Land Securities Group announced on Friday that Mark Allan is to be appointed as its next chief executive officer.

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Germany avoids recession in third quarter

The German economy avoided a recession in the third quarter, data released by Destatis confirmed on Friday.