Housebuilder Barratt is set to complete its acquisition of Redrow later this week, despite concerns raised by the UK's Competition and Markets Authority (CMA) regarding potential competition issues. The £2.5 billion takeover had been subject to scrutiny by the CMA, which expressed concerns about the potential…
Union Jack Oil plc (AIM: UJO and OTCQB: UJOGF), a UK and US-focused onshore hydrocarbon exploration and production company, has announced a positive update regarding its growing US activities. This news follows the successful drilling and completion of the Andrews 2-17 well, declared a commercial discovery. Andrews Field Expansion: A…
Union Jack Oil plc (LON: UJO and OTCQB: UJOGF), a UK and US-focused onshore hydrocarbon production, development, exploration and investment company, has announced substantial progress in its strategic expansion into the US and its rapidly growing oil and gas production and revenue generation activities. Commercial Discoveries in Andrews Field The…
Bitcoin funding rates on Binance have reached their most negative level in 2024, signifying a shift in market sentiment, according to a recent report from CryptoQuant. This development, particularly significant given Binance's dominance in open interest (OI), could signal a short-term bearish outlook for the cryptocurrency. The report…
Copper, a vital ingredient in the electrification drive, faces a looming supply crunch as demand surges towards a 75% increase by 2050, reaching 56 million tonnes. While new mines are being built, the International Energy Agency warns that they will only meet 80% of copper needs by 2030. However, the…
The Australian Securities and Investments Commission (ASIC) has cancelled the Australian financial services licence (AFSL) of Libertas Financial Planning Pty Ltd, a former national financial advisory firm currently in liquidation. This marks the first instance of ASIC revoking an AFSL following a compensation payout by the Compensation Scheme of Last…
The burgeoning field of cell and gene therapy (CGT) is revolutionising both fundamental research and clinical applications. These innovative therapies offer unprecedented potential to tackle a wide range of diseases, but their complex manufacturing processes pose a significant challenge to their successful development and translation into clinical practice. This complexity,…
Meta Platforms (META) could emerge as the world's leading artificial intelligence (AI) company, according to analysts. The tech giant possesses the resources, ambition, and a strategic business model that positions it for dominance in this rapidly evolving field. The past two years have witnessed a fervent race among…