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Empyrean Energy (LON: EME) says the farm-down of a 75% non-operated Participating Interest in the Duyung PSC to PT Nations Natuna Barat (NNB) has been completed. This has triggered a second payment of $4m. There is $7m of the total payment of $16m payable when production commences. First gas is targeted for the end of […]
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Specialist engineering company Time to ACT (LON: TTA) has sent notice of its AGM on 30 September, even though the accounts have still not been finalised. The share price rebounded 129% to 27.5p. Incanthera (LON: INC) has secured an exclusive bioactive creams supply agreement with LED light therapy skincare manufacturer iSmart Developments. This is for […]
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Softcat, the UK’s largest reseller of IT infrastructure technology and services, appears on track to enter the FTSE 100 as revenue and profits continue to grow through the deployment and use of AI. The company upgraded its full-year profit expectations for the second time in three months earlier this year, citing sustained demand for AI-enabled […]
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Anthropic CEO Dario Amodei has called for a slowdown in the development of frontier models such as the ones developed by his own company. Amodei argues that leading AI developers should deliberately slow the pace of advancing model capabilities to maintain better human control. “We must slow the pace at which we improve the capabilities […]
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The FTSE 100 rose on Friday as a rare domestic boost lifted spirits after a soggy week for UK stocks, which have suffered from rising oil prices. A better-than-expected GDP reading helped lift the mood, with the FTSE 100 rising 0.6% driven by consumer-facing stocks, banks and financials. “Today’s data shows GDP grew by 0.4% […]
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