Market Pulse
Salt Lake Potash successfully completes unlined pond trial
Salt Lake Potash confirmed the successful completion of field trials testing an on-lake, unlined evaporation pond model on Monday, which it said would result in “significant” capital expenditure savings for the Goldfields Salt Lakes Project (GSLP).
Zenith Energy confirms another improvement to Jafarli flow rate
Azerbaijan-focussed oil and gas production company Zenith Energy announced a further update on the production from well C-21 in the Jafarli field on Monday.
Realm Therapeutics CEO to present at 2017 Bio Investor Forum
Biopharma group Realm Therapeutics's chief executive officer will present an update on the firm's two lead drug development programmes at the 2017 BIO Investor Forum in California.
Polymetal International hails record production, confirms targets
Russian miner Polymetal International continued to produce strong levels of gold in the third quarter, with production up 26% and revenues for the quarter rising 17%.
London open: Stocks nudge higher as miners gain on China data
London stocks nudged higher in early trade on Monday, with miners lifted by Chinese inflation data, as investors eyed Prime Minister Theresa May’s trip to Brussels for what appears to be a potential Brexit intervention.
Interserve confirms talks with lenders
Interserve on Monday said that it is "engaged in constructive and ongoing discussions with its lenders", confirming rumours that had been mooted in the media.
Jenny Knott stepping down as CEO of NEX Optimisation
Financial technology company NEX Group announced on Monday that - having put into motion the “significant restructure” of NEX's post-trade division 'NEX Optimisation' - Jenny Knott has decided to step down as the division's CEO.
London pre-open: Stocks seen higher, with politics in focus
London stocks were set for a positive open on Monday as investors eye European politics and UK Prime Minister Theresa May’s trip to Brussels to meet with European Central Bank chief Jean-Claude Juncker and EU Brexit negotiator Michel Barnier.
Ultra Electronics awarded $16m fighter jet contracts
Ultra Electronics’ Cheltenham-based Precision Control Systems business has received contracts valued $16m from Boeing and Lockheed Martin.
Monday newspaper round-up: Missing £490bn, May to Brussels, Chancellor's plans
Global banks and international bond strategists have been left stunned by revised ONS figures showing that Britain is £490bn poorer than had been assumed and no longer has any reserve of net foreign assets, depriving the country of its safety margin as Brexit talks reach a crucial juncture. A massive write-down in the UK balance of payments data shows that Britain’s stock of wealth – the net international investment position – has collapsed from a surplus of £469bn to a net deficit of £22bn.