Tekcapital shares were 4% higher on Friday after the company announced that its portfolio company, Innovative Eyewear, had placed its ChatGPT-enabled smart eyewear in ten New Look stores in Canada and on newlook.ca. New Look is the largest optical group in Canada and has over 450 stores across the US and Canada. With Innovative Eyewear being placed […] The post Innovative Eyewear expands distribution network with Canada’s biggest optical group appeared first on UK Investor Magazine ..read more

According to the 8th Southeast Asia Digital Economy Report, Vietnam had the fastest-growing digital economy for the second year in a row in 2022. It is expected to retain this title through 2025. This growth comes as the government aims for the digital economy to make up 20% of total GDP by the end of […] The post Vietnam’s e-commerce – an awakening dragon appeared first on UK Investor Magazine ..read more

Equity bulls were in the driving seat on Friday as the FTSE 100 continued to break to new highs. Concerns about interest rates and geopolitical risks are fading into the background as London’s leading index chalks up another day of gains. The FTSE 100 was 0.45% higher at the time of writing, trading at 8,115. […] The post FTSE 100: bulls in the driving seat with the index comfortably above 8,100 appeared first on UK Investor Magazine ..read more

Shares in life sciences and aerospace components supplier Carclo (LON: CAR) jumped 62.3% to 12.05p after a better than expected trading performance in the second half. Carclo is on course to return to profit in 2024-25. There was a particularly strong fourth quarter, which reflects the focus on improving margins and the financial status of […] The post Carclo shares bounce back appeared first on UK Investor Magazine ..read more

Anglo American has rejected BHP’s unsolicited offer just a day after announcing it has received interest from the world’s largest mining company. The company said in a statement that BHP’s bid ‘significantly undervalues Anglo American and its future prospects’. Anglo American shares were down, but only marginally. This suggests the market thinks BHP will be back with […] The post Anglo American rejects BHP bid appeared first on UK Investor Magazine ..read more

Drug development services provider Proteome Sciences (LON: PRM) has won a £500,000 contract from a US biopharma company. This is for mass spectrometry services for the analysis of samples for an ongoing critical trial. There is an increased interest in the services. There are four buys this morning. The share price rose 18.2% to 4.15p. […] The post AIM movers: Proteome Sciences contract and Aukett Swanke delays appeared first on UK Investor Magazine ..read more

NatWest wrapped up Q1 2024 earnings from the FTSE 100’s UK-focused banks with solid numbers across the board as profits and income fell, but beat analyst expectations. Total income was better than expected at £3.5bn, and Net Interest Margins were flying high at 2.05% compared to 1.98% expected. In the context of last year’s performance, […] The post NatWest shares jump on solid Q1 update appeared first on UK Investor Magazine ..read more

Tekcapital portfolio company Innovative Eyewear has recently received notices of allowance on three new design patents covering its forthcoming Lucyd Armor smart safety glasses product. The allowed design patents (application Nos. 29/806,204, 29/806/207, 29/806/209) protect the ornamental design of the AR-enabled protective eyewear. The company has also filed new utility and design patent applications specifically […] The post Tekcapital Innovative Eyewear addresses $4bn safety glasses market with new patents appeared first on UK Investor Magazine ..read more

The FTSE 100 maintained its positive tone on Thursday, with corporate earnings providing investors the impetus to buy into London’s leading equities.  London’s leading index briefly traded above 8,100 – a new intraday high – before falling back to trade at 8,077 at the time of writing. “The FTSE 100 is having the time of […] The post FTSE 100 breaks above 8,100 as BHP bids for Anglo American appeared first on UK Investor Magazine ..read more

Data analysis and information publisher Merit Group (LON: MRIT) has conformed that it made a sharp improvement in profitability in the year to March 2024. Cost control and positive foreign exchange movements helped pre-tax profit reach £1.2m. A further improvement to £1.7m is expected for 2024-25. The share price increased 19.6% to 64p. Transport infrastructure […] The post AIM movers: Merit profit recovery and ex-dividends appeared first on UK Investor Magazine ..read more