Latest News
Glaxo’s ViiV starts phase III studies for HIV-1
Specialist HIV company ViiV Healthcare, which is majority-owned by GlaxoSmithKline with Pfizer and Shionogi Limited as shareholders, has started two phase III studies to evaluate an investigational long-acting, injectable regimen of cabotegravir and rilpivirine for the treatment of HIV-1 infection.
Mission Marketing collects slew of Drum Cream Awards
Marketing communications and advertising company The Mission Marketing Group announced on Friday that two of its agencies, bigdog and Chapter, collectively scooped a record 17 wins at The Drum Cream Awards held on 16 November.
MPs call for cut in UK air travel duty
A group of UK MPs is urging the government to halve air passenger duty in next week's Autumn Statement, the BBC reported.
Stobart agrees to buy remaining stake in Propius Holdings
Stobart had agreed to buy the remaining 33% it does not already own in Propius Holdings from Aer Lingus for $14. 7m.
Record unfazed by currency fluctuations post Brexit vote
Record, a specialist currency manager, has seen net inflows of $1. 4bn across all product lines during the first half despite currency fluctuations post Brexit vote.
Scotland, Wales lawyers to address Supreme Court over Brexit case
Scotland and Wales will be allowed to intervene in the case on whether Prime Minister Theresa May needs approval from the Parliament to trigger Article 50 and start the UK's formal exit from the European Union.
FTSE 250: Electrocomponents on the rise while gold miners suffer
The FTSE 250 index was up 0. 43% to 17,677. 07 in the later afternoon.
Emirates unhappy with Rolls Royce over A380 engines - report
Long haul airline Emirates said it was unhappy with performance shortfalls afflicting $6. 1bn's worth of Rolls-Royce engines ordered to power a batch of 50 Airbus Group SE A380 superjumbos, Bloomberg reported.
Abercrombie share price tumbles after disappointing Q3 results
Fashion retailer Abercrombie and Fitch saw a significant fall in sales during the third quarter of 2016, sending shares in the Ohio-based company plummeting on Friday.
Broker tips: Premier Oil, Flybe, St James's Place
Jefferies upgraded Premier Oil to ‘buy’ from ‘hold’, keeping the price target at 88p, as it reckons the company’s full debt refinancing will go through.
Bacanora Minerals makes solid progress in first quarter
Mexico lithium and borates-focused company Bacanora Minerals posted an update for the first quarter 30 September on Friday - a period in which the infill drilling programme to upgrade the resource classifications was completed.
iPhone production could be shifted to the United States
Apple is considering moving production of its flagship iPhone model of smartphones to the United States, according to a report from the Nikkei Asian Review.
FTSE 100 movers: Miners lose their lustre; TUI, Royal Mail bounce back
Resources stocks led the Footsie lower on Friday as gold futures continued to come under pressure as the US dollar hovered near 13 year highs.
Clear Leisure agrees €300,000 loan facility
AIM-listed investment company Clear Leisure has entered into an unsecured convertible loan facility agreement with Swiss investor and major shareholder Eufingest S. A.
ECB´s Draghi calls for greater regulatory certainty for banks
Monetary policy needs to and will remain accomodative, the president of the European Central Bank said, while calling for a halt to ever-higher capital requirements for banks and on other policymakers to do their bit in fostering a sustainable recovery.
Fed´s Bullard leans toward December rate hike
A top US central banker said he was leaning towards a rate hike when monetary policymakers next met, in December, and welcomed the rise in bond yields and inflation expectations since Donald Trump´s election victory.
Tesco warns suppliers not to use weak pound as excuse for price hikes
UK supermarket giant Tesco has warned suppliers not to inflate prices to compensate for the slump in sterling so they can report healthier profits.
Mirland Development to list in Tel Aviv as part of bondholder settlement
Mirland Development Corporation announced on Friday that it has satisfied a further procedural condition precedent to the settlement plan between the company and the holders of its Series A-F bonds.
Article 50 Brexit case will not be appealed to EU court, says Gina Miller
The result of a government appeal against a judicial ruling that it could not trigger Brexit without parliamentary consent will be the last word on the matter, according to the fund manager who first brought the issue to court.
London midday: Miners weigh on Footsie amid US dollar strength
London shares were moderately lower at midday, with investors focusing on speeches from central bankers on both sides of the Atlantic ahead of the holiday-shortened Thanksgiving trading week in the US.