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Motif Bio looking at US offering and listing
Clinical stage biopharmaceutical company Motif Bio announced on Wednesday that it has filed a registration statement with the US Securities and Exchange Commission relating to a proposed public offering of American depositary shares.
FTSE 250 movers: Playtech surges on acquisition; Go-Ahead slips
London’s FTSE 250 index was up 0. 3% to 16,857. 47 in afternoon trade, as Theresa May took over as Prime Minister from David Cameron, removing the political instability that had rattled markets.
Amphion draws down on loan, notes possible Motif Bio offering
Medical, life science and technology business developer Amphion Innovations announced on Wednesday that it has agreed terms for the drawdown of an additional tranche of $0. 75m under the loan facility first announced on 5 June 2014.
Aberdeen Asset Management lifts property fund suspension
Aberdeen Asset Management has lifted the suspension of its £3. 2bn UK property fund.
Samsung Galaxy Note 7 set for August 2 release
Samsung are set to release their new Galaxy Note 7 on August 2, the successor to the Note 5, and the South Korean company have even revealed why they have skipped a number ahead of the device's debut.
Jefferies tips Inmarsat on read-across from AirAsia connectivity deal
Broker Jefferies reiterated its 'buy' recommendation on Inmarsat, sparked by reports that AirAsia has chosen the satellite company as a 'connectivity provider' for the carrier's newly announced Airbus fleet.
FTSE 100 movers: Antofagasta leads miners' rise and Barratt the builders' fall
The FTSE 100 index was scuttling crabwise on Wednesday, as markets held their powder dry as Britain appointed a new Prime Minister later in the day and a day ahead of the Bank of England expected policy tinkering.
Whitbread to withdraw Premier Inn operations in India, South East Asia
Whitbread will begin a phased withdrawal of its Premier Inn operations in India and South East Asia as part pf the strategy announced in April to focus on markets where it can generate good long-term sustainable returns.
STM client numbers below expectations in Brexit aftermath
STM Group, an international financial services provider, has had fewer clients sign up to their pension schemes than expected due to the uncertainty surrounding Brexit.
Wizz Air agrees engine deal with Pratt & Whitney
Low-cost airline Wizz Air has agreed to equip its 110 Airbus A321neo aircraft with US aerospace manufacturer Pratt & Whitney’s PurePower Geared Turbofan engines.
Bloomsbury Publishing plots expansion into B2B market
Harry Potter publisher Bloomsbury Publishing held a capital markets day for investors and analysts on Wednesday to present plans to enter the business-to-business market, while also confirming first-quarter trading remained in line with full year expectations.
Xaar revenues continue decline in first half
Digital printing group Xaar said it expects to report £44m sales for the first half of the year, down 8% on the previous year and 27% on the year before that.
Cameron makes digs at Labour in final PMQs
David Cameron on Wednesday urged successor Theresa May to ensure Britain remains close as possible to the EU after Brexit as he delivered his final Prime Minister's Questions (PMQ).
Capital & Regional portfolio mostly ahead in first half
Specialist property real estate investment trust Capital & Regional updated the market on its trading in the first half of 2016 on Wednesday, ahead of its half-year results announcement on 18 August.
Financial lobbying group TheCityUK appoints new CEO
Lobbying group TheCityUK has appointed Miles Celic as its new chief executive, succeeding Chris Cummings who will leave later this year.
Jaguar Land Rover set to test at least 100 self-driving cars in UK
The United Kingdom's biggest car manufacturer Jaguar Land Rover looks primed to unveil over 100 research vehicles in order to test the company's self-driving technology, with the first cars on the way before the end of the year.
Trading in Berkeley Energia stock halted on ASX
Berkeley Energia advised the market on Wednesday that trading in its shares had been halted on the Australian Securities Exchange (ASX), effective immediately.
Housing for service families poor, says MPs
The Ministry of Defence (MoD) and its housing contractor CarillionAmey are letting down service families by providing them with poor accommodation, MPs said in a Public Accounts Report on Wednesday.
Europe midday: Equity markets edge higher
European stocks edged tentatively higher after a flat start, with the UK in focus again as Theresa May takes over from David Cameron as Prime Minister.
US court decision on password sharing could have long-reaching consequences
An appeal court in the United States has ruled that password sharing is illegal, and could set a precednt for other judicial decisions that have masssive consequences for accessing online accounts.