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Midatech Pharma receives upfront access fee
International speciality pharmaceutical company Midatech Pharma said it has received an upfront technology access fee and option payment of £450,000.
FinnAust Mining in talks over share placing
AIM-listed FinnAust Mining said it is in discussions with investors to potentially raise up to £5m from a placing of new ordinary shares to fund feasibility studies, among other things.
Shares in Medtronic slump after poor quarterly sales growth
US medical device maker Medtronic fell around 6% in pre-market trading on Wall Street after reporting its quarterly results on Tuesday before the bell.
Manufacturing orders rise despite fall in exports, CBI finds
Orders for manufactured products in the UK improved more than expected in November, however exports orders fell as the effect of the low pound fails to stimulate consistent, widespread overseas demand.
HSBC now sees two Fed rate hikes in 2017
Strategists at HSBC revised their call for US interest rates in 2017 higher, telling clients to expect two more 25 basis point hikes following the one at December´s policy meeting and another in 2018.
CityFibre welcomes Chancellor's £1bn broadband investment
AIM-listed CityFibre, a builder and operator of fibre optic infrastructure, said it welcomes the Treasury's £1bn fund to fast-track the rollout of pure fibre and 5G infrastructure.
EU´s Verhofstadt says agreement reached on 2019 end for Brexit negotiations
Britain and the European Union must begin formal talks soon in order to conclude the Brexit process by mid-2019, according to the latter's designated head for the negotiations, Guy Verhofstadt.
Focusrite improves FY pre-tax profit, hikes total dividend
Global music and audio products company Focusrite has posted an improved full-year pre-tax profit and hiked its total dividend.
Ashtead buys Hewden assets for £29m as Manchester-based firm goes into administration
Ashtead has bought some of fellow equipment rental company Hewden’s assets and the brand name from its administrators, EY, for £29m.
London midday: FTSE powers ahead, led by mining and oil stocks
London stocks moved sharply higher to midday, powered by gains in mining stocks after commodity prices saw across-the-board gains during Asian trading hours.
Downing Street rejects Trump's call for Farage to be US ambassador
Downing Street has rejected calls, including from president-elect Donald Trump, for former Ukip leader Nigel Farage to become the British ambassador to the United States.
AIG mulling moving European headquarters out of London due to Brexit
US insurance giant AIG could move its European headquarters out of London to the continent or Ireland should the UK's planned departure from the EU go ahead, a senior executive for the firm has said.
Europe midday: Stocks in the black as basic resources rally
European equity markets were in the black as mining shares advanced on the back of rising metals prices.
Cambria warns on sterling volatility as it posts gains in FY profit, dividend
Shares in franchised motor retailer Cambria are down almost 9% as it warned on sterling's volatility after posting double-digit gains in full-year revenue, pre-tax profit and dividend.
Inmarsat gains as Deutsche Bank starts stock at 'buy'
Inmarsat got a boost as Deutsche Bank initiated coverage of the stock at ‘buy’ with a 1,030p price target.
UK electoral commission opens probe into UKIP funding claims
The UK Electoral Commission said it had started an investigation into the United Kingdom Independence Party (UKIP) over allegations that it accepted donations it was not entitled to.
ULS Technology lifts H1 profit, upbeat on growth prospects
ULS Technology has upped its first-half pre-tax profit to £1. 7m, from £1. 5m, and issued an upbeat commentary on its growth prospects.
Scapa Group flags ahead-of-views FY results after strong H1
Scapa Group has turned in a strong first-half set of results with growth in revenue, trading profit and margins, and at the same time flagged ahead-of-expectations full-year numbers.
CYBG's maiden profit fails to impress as tax charge hits
In its first annual results as an independent public company, CYBG, the holding company of Clydesdale and Yorkshire Banks, reported lower annual income than expected but managed to lift profits strongly higher.
US pre-open: Stocks set for more gains as oil rallies
US stocks looked set to hit fresh record highs on Tuesday as the oil price rally underpinned sentiment.