FTSE 100 closes day higher, boosted by rise in crude
Brent crude is up over 3% at $81.50 a barrel at the time of writing..
Company
LON:CWR
Ceres Power Holdings PLC is a world-leading developer of electrochemical technologies: fuel cells for power generation, electrolysis for the creation of green hydrogen and energy storage. The company's asset-light, licensing model has seen it establish partnerships with some of the world's largest engineering and technology companies, such Bosch, Doosan, Shell and Weichai, to develop systems and products that address climate change for power generation, transportation, industry, data centres and everyday living.
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Brent crude is up over 3% at $81.50 a barrel at the time of writing..
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A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
A look at the day's movers and shakers, featuring N4 Pharma, Zin Media, Rurelec, Trinity Exploration, Hurricane Energy, Thomas Cook, Gama Aviation, CyanConnode and Mosman
Hardware & electrical equipment
Ceres has issued shares to Bosch, as per the announcement on August 21, so Weichai has pumped in a further £1mln to maintain its holding in the UK fuel cell developer at 10%
The UK blue-chip index lost almost 32 points at 7,458
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A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
Bosch's name has been added to an impressive list of partnerships, which includes tie-ups with firms such as Weichai Power, Nissan, Honda and Cummins
Investments and investor services
A look at some of the top risers and fallers in London today
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A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
At the close, the UK blue chip index was up 54.70 points at 7,718.48, albeit below the session peak of 7,752.08, having recovered from a low of 7,663.20
A look at some of the top risers and fallers in London today
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A glance at some of the day's highlights from the Proactive Investors newswire
Hardware & electrical equipment
The SteelCell technology developed by Ceres continues to attract world-class original equipment manufacturers that are looking to develop an alternative to combustion engine technologies.
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FTSE 100 lost almost 77 points to close the day at 7,575, while FTSE 250 was also down, off over 252 points at 20,548
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the top risers and fallers in London today
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The Footsie finished up almost 48 points at 7,748, but FTSE 250 fell
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A glance at some of the day's highlights from the Proactive Investors newswire
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A look at some of the top rises and fallers in London on Tuesday
Hardware & electrical equipment
The company intends to complete the joint venture and licensing agreement with Weichai Power later this year, which will allow it to work towards a manufacturing joint venture in China