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London close: Stocks mixed amid global political concerns
London’s financial markets ended Wednesday in a mixed state, as investors weighed the upcoming no-confidence vote in France and political tensions in South Korea.
N4 Pharma files for new UK patent
N4 Pharma, a pharmaceutical company specializing in RNA therapeutics, announced the filing of a new patent with the UK patent office on Wednesday, for its oral anti-inflammatory treatment targeting irritable bowel disease (IBD).
Concurrent Technologies unveils new 10Gb ethernet switch product
Advanced computing systems designer and manufacturer Concurrent Technologies unveiled ‘Hermod II’, a rugged 10 gigabit ethernet switch engineered for harsh environments in the defence and heavy industrial sectors, on Wednesday.
Kefi awarded Konso Critical Metals licence in Ethiopia
Kefi Gold and Copper announced on Wednesday that it has been awarded the Konso Critical Metals Area exploration licence in Ethiopia by the Ministry of Mines.
Croma Security reports solid momentum in new financial year
Croma Security Solutions said in an update on Wednesday that it has achieved 6. 3% like-for-like growth and maintained a robust balance sheet, with no debt and £4. 1m in cash as of 30 November.
GreenRoc inks deal with Norwegian battery maker Morrow
GreenRoc Strategic Materials announced the signing of a memorandum of understanding (MoU) with Norwegian battery manufacturer Morrow Batteries on Wednesday, marking a significant step in its development of graphite-based active anode material (AAM) for lithium-ion batteries.
Eco Buildings Group turns over first million euros ahead of schedule
Modular housing specialist Eco Buildings Group announced on Wednesday that it surpassed €1m in revenue as of 2 December, achieving the milestone ahead of schedule.
SWR, c2c and Greater Anglia to be Labour's first renationalised train firms
The government has announced plans to bring train operators South Western Railway (SWR), c2c and Greater Anglia under public ownership next year, as the first parts of its sweeping nationalisation of the UK rail network.
Greatland completes acquisition of Havieron and Telfer projects
Greatland Gold announced the official completion of its acquisition of Newmont Corporation's majority stake in the Havieron gold-copper project, full ownership of the Telfer gold-copper mine, and associated assets in Western Australia’s Paterson region on Wednesday.
IQE finalises sale of closed Pennsylvania site
Advanced compound semiconductor wafer products specialist IQE announced on Wednesday that it has finalised the sale of its decommissioned site in Bethlehem, Pennsylvania.
Amaroq raises £27.5m in oversubscribed placing
Greenland-focussed mining company Amaroq Minerals announced the completion of an oversubscribed fundraising on Wednesday, raising gross proceeds of £27. 5m to be used in accelerating its portfolio of gold and strategic mineral assets.
Asia report: Markets fall as investors watch Korean political turmoil
Markets across the Asia-Pacific region ended mostly in the red on Wednesday, with South Korea underperforming amid political turbulence.
Light Science Technologies flags record full-year revenue
Light Science Technologies reported record full-year revenue in an update on Wednesday, with group sales rising around 29% over the 12 months ended 30 November, to £12m.
Zigup revenue falls in mixed first half
Zigup reported a mixed half-year on Wednesday, with underlying revenues growing 5. 6% to £775m on the back of robust performances in vehicle hire and claims services, although reported revenue slipped 0. 8% to £903. 6m due to weaker vehicle sales.
Rio Tinto raises copper production forecasts, Legal & General maintains profit guidance
London open The FTSE 100 is expected to open 35 points lower on Wednesday, having closed up 0. 56% on Tuesday at 8,359. 41.