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Tiziana partnership scoops innovation award
Clinical stage biotechnology company Tiziana Life Sciences was celebrating on Wednesday, after its partnership with researchers at Cardiff University collected a fresh award.
Coca-Cola to acquire Unilever's AdeS business for $575m
Bottling giant Coca-Cola Co and Mexico's Coca-Cola Femsa SAB said they have agreed to buy Unilever's AdeS soy-based beverage business for about $575m.
US factory activity unexpectedly expands in May
Manufacturing activity in the US unexpectedly grew in May, according to data released on Wednesday.
Director dealings: Hostelworld's McCue dips in after warning
Hostelworld director Andy McCue, who joined the bargain rooms website just before its London flotation last October, has bedded down with the purchase of £45,400 shares after a weak trading update last week.
Donald Trump to visit UK on same day as Brexit result will be announced
Donald Trump, the American multi-millionaire poised to contest the presidential election on the Republican side, has announced he intends to visit Britain on the 24th June, one day after the Brexit referendum, and the expected day in which the final result will be known.
Markit's US manufacturing PMI shows weakest performance since 2009
Markit’s final US manufacturing purchasing managers’ index came in at 50. 7 in May, up from the flash estimate of 50. 5 but down from 50. 8 in April and pointing to the weakest performance since September 2009.
Marks & Spencer pulls the plug on store music
Marks & Spencer is pulling the plug on its in-store piped music after extensive feedback from customers and as it begins plans to revive its clothing and homeware business.
Aureus Mining wins more time at New Liberty
West African gold producer Aureus Mining announced a fresh deferral to its debt repayments on Wednesday, allowing it more time to get its gold processing plant running.
US court rules $24.9bn Dell Inc deal underpriced
The $24. 9bn buyout of Dell Inc by Michael Dell and Silver Lake Partners in 2013 was underpriced by about 22%, meaning they may have to cough up tens of millions of dollars for investors who opposed it, a Delaware court ruled.
FTSE 250 movers: Halfords decelerates; Acacia shines
Glum global outlooks from the OECD led the FTSE 250 index of mid-cap shares into the red on Wednesday.
Credit Suisse wary of M&A expectations building at Royal Mail
Analysts at Credit Suisse hiked their target price on shares of Royal Mail based on their expectation that the firm´s management would be successful in finding the necessary efficiency gains to keep earnings flat.
FTSE 100 movers: Wolseley woes; Shire in rude health
The FTSE 100 index of heavweight shares was in the red in early afternoon trade as the OECD warning on the global outlook and Brexit impact put a dampener on sentiment.
FCA fines CT Capital over PPI complaints failures
The Financial Conduct Authority has fined CT Capital just under £2. 4m for “serious failings” in its historic payment protection insurance complaints handling processes.
CityFibre soars with another partner agreement
CityFibre announced a new partner agreement on Wednesday, signing a deal with Berkshire-based ICT solutions provider Between the Lines Communications (BtL).
Numis cuts De La Rue to 'hold' from 'add'
De La Rue’s shares fell on Wednesday after Numis cut its rating on the stock to ‘hold’ from ‘add but raised its target price to 580p from 563p.
Pro-Brexit campaigners say immigrants "must have good English"
Migrants hoping to gain access to a post-Brexit Britain will have to be able to prove their English level, among other conditions, the leave campaign has said.
Ascent Resources raises £500,000 in discounted placing
Shares in Slovenia-focused Ascent Resources dived about 30% after it raised £500,000 in a discounted placing of 83. 33m shares, giving it sufficient working capital until the end of third-quarter 2016.
Pennant International shares soar on contract wins
Pennant International Group was up more than 40% as it confirmed new Middle East contract wins totalling more than £13m and running through to end-2017.
GoldBridges outlines Sekisovskoye progress
GoldBridges Global Resources is confident of delivering annual gold output of 100,000 oz by 2019, citing progress in terms of financing and implementing its underground expansion.
Vertu Motors acquires five further outlets in Derby
Vertu Motors has acquired five outlets in Derbyshire for £18. 7m, including its first Toyota dealership and sixth with Land Rover.