Full List Of Stories
London close: Travel stocks drag benchmark lower
London stocks closed well into the red on Thursday, as a downbeat outlook from the US Federal Reserve and concerns about a second wave of Covid-19 weighed on sentiment.
Inspiration Healthcare awarded grant towards cost of trials
Medical technology company Inspiration Healthcare Group announced on Thursday that ‘Project Wave’, which is developing a novel technology for a respiratory device designed to be used in neonatal intensive care, has been awarded a grant towards the cost of trials.
Cohort subsidiary wins air base protection contract
Independent technology group Cohort said on Thursday that its wholly-owned subsidiary Chess Dynamics has been awarded a €7. 5m (£6. 72m) contract for its ‘Air Guard Counter-Unmanned Aerial Systems’ (C-UAS).
Le Pain Quotidien to close 10 UK locations in pre-pack administration
Most UK branches of Le Pain Quotidien have been saved from the brink of closure, it was revealed on Thursday, though around 200 people would lose their jobs in the deal.
O'Mahony to retire as CEO of Origin Enterprises
Agricultural services provider Origin Enterprises said on Thursday that group chief executive officer Tom O'Mahony had told the board that after 13 years as group CEO, he would retire from his role and from the board by the end of the 2020 financial year.
Faron receives EIC grant for 'MATINS' study
Clinical-stage biopharmaceuticals company Faron Pharmaceuticals has been selected to receive a €2. 5m (£2. 24m) grant from the European Innovation Council’s ‘Accelerator’ pilot scheme, it announced on Thursday, to progress the ‘MATINS’ study, and related business activities.
Agronomics co-leads second seed round for lab-grown meat firm Meatable
Agronomics has co-led lab-grown meat developer Meatable’s seed 2 financing round of around €6m (£5. 38m), it announced on Thursday.
Ironveld and IIG apply for project funding in South Africa
Ironveld and its prospective strategic partner Inclusive Investment Group (IIG) announced on Thursday that they have made an application to an unnamed “major South African funding institution” for project development funding which, if successful, would provide it with sufficient funds to start mining and production at its magnetite project in South Africa.
Churchill China reports serious slowdown, flags redundancies
Churchill China updated the market on its operations amid the Covid-19 crisis on Thursday, reporting that the impact of lockdowns on its sales to hospitality markets had been “significant”.
Europa acquiring offshore Ireland gas prospect for 'nominal fee'
UK, Ireland and Morocco-focussed exploration, development and production company Europa Oil & Gas announced the conditional acquisition of a 100% interest in Frontier Exploration Licence (FEL) 3/19, offshore Ireland, from DNO on Thursday.
Greatland Gold upbeat on latest drilling at Havieron
Precious and base metals exploration and development company Greatland Gold updated the market on Newcrest's drilling campaign at its Havieron deposit, in the Paterson region of Western Australia, on Thursday, reporting “exceptional” drill results.
Diaceutics raising £20.5m ahead of launch of new platform
Diagnostics commercialisation company Diaceutics has conditionally raised £20. 5m before expenses, through a placing of 14,137,931 new shares at 145p each to existing and new investors in two tranches, it announced on Thursday.
RBS appoints Robert Begbie as permanent CEO of NatWest Markets
Royal Bank of Scotland Group announced fresh appointments to the executive management team and board of its subsidiary NatWest Markets on Thursday.
Asia report: Markets fall as investors digest Fed forecasts
Markets in Asia finished weaker across the board on Thursday, after the US Federal Reserve poured cold water on sentiment as it indicated it would keep interest rates near zero through to 2022.
Covid lockdowns see Grafton revenues slide
Building materials distributor Grafton Group updated the market on its trading on Thursday, reporting that group revenue in continuing operations was down 26% to £810. 9m in the five months to 31 May, from £1. 09bn at the same time last year, due to the impact of the Covid-19 pandemic.
Ocado raises just over £1bn, TalkTalk pulls guidance
London open The FTSE 100 is expected to open 114 points lower on Thursday, having closed down 0. 1% at 6,329. 13 on Wednesday.