Ian is the editor and a director of Proactive Investors. He oversees all editorial output and is also heavily involved with business development. He moved to Proactive from the Daily Mail, where he was City News Editor and Investment Editor and brings with him a wealth of experience in business and finance. At the Mail he directed the coverage of some of the biggest stories ever to emerge from the City as the credit crunch and banking crisis felled some of the nation's best known financial institutions. In his 20 years as a business reporter and editor Ian has worked for Dow Jones, writing stories for the international news wire and the Wall Street Journal. He also led the London company coverage for AFX News, now part of Reuters.
An injection of £3.4mln of new funds will be used to bankroll overseas growth.
The JV will be used as an “incubator” for the technology to develop other functional foods that help tackle obesity.
“The idea is to create a link, a bridge, a conduit for Asian money looking for investments in Europe or vice versa,” said Tsang.
The are is now estimated to be host to the equivalent of 3.43mln ounces of gold, which is a near 70% increase on the last updated figure of just under 2mln ounces gold equivalent.
“The group will also continue to benefit from a stronger dollar in the second half if the dollar-sterling rate remains at current levels,” the firm said.
Michelmersh is on track to deliver its targets for the full-year, chairman Eric Gadsden said, and is “well positioned” to manage the impact of the EU referendum on the building trade.
Clevegen is part of the new generation of drugs being developed to stimulate the body’s immune system into fighting cancers.
The AIM-listed company, which is working with Tangent Reprofiling, said it had received a positive opinion recommending the trial protocol.
A look at some broker upgrades and downgrades on the day
On a week in which retailers came to the market, largely warned on trading and profitability and definitely failed to conquer, Barclays provided an antidote to the gloom with an upgrade to shares in Britain's largest grocer.
A company owned by one of Russia's richest men become a significant shareholder in Petropavlovsk.
Associated British Food, Soco, Rotork, Premier Oil, Kaz Minerals and BHP Billiton were in Friday's broker spotlight