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Belluscura inks first US distribution agreement
Medical device developer Belluscura has signed its first US distribution agreement for the firm's X-PLO2R portable oxygen concentrator portfolio.
Touchstar exceeding expectations in year so far
Mobile and access control system company Touchstar updated the market on its trading on Wednesday, reporting that recent encouraging trends had continued across the business, with its performance for the year-to-date exceeding its own expectations.
Chinese EV maker Xpeng Motors gets approval for Hong Kong listing
Chinese electric carmaker Xpeng Motors got approval on Wednesday to carry out an initial public offering (IPO) in Hong Kong.
Mercantile Ports & Logistics secures new multi-year contract
Mercantile Ports & Logistics has secured a new multi-year contract with cargo logistics solutions provider Esquire Shipping and Trading and Mumbai-based bulk cargo handler Sai Om Petro Specialties.
Asia report: Markets mixed as Japan manufacturing growth slips
Markets in Asia closed in a mixed state on Wednesday, as investors pored over the latest minutes from the Bank of Japan’s policymakers.
Deutsche Bank ups Travis Perkins to ‘buy’, highlights strong trading
Deutsche Bank upgraded its recommendation on shares of builders’ merchant Travis Perkins to ‘buy’ from ‘hold’ on Wednesday, lifting the price target to 2,056p from 1,707p as it noted that trading remains strong.
Aviva, Persimmon agree 'landmark' commitments for leaseholders - CMA
The Competition and Markets Authority said on Wednesday that Aviva and Persimmon have agreed to "landmark" commitments for leaseholders.
Victoria acquires US flooring firm Cali Bamboo
Flooring group Victoria has further expanded its existing North American distribution business with the acquisition of US flooring distributor Cali Bamboo Holdings.
London open: Stocks little changed ahead of PMIs
London stocks were little changed in early trade on Wednesday as investors eyed the latest reading on the UK services and manufacturing sectors.
Europe open: Shares slip as eurozone PMIs reveal rising prices
European shares slipped lower on Wednesday as investors fretted over eurozone business activity surveys showing rising prices for goods and services, fuelling inflationary worries.
Expansion underpins growth at Marlowe
Safety and regulatory software and services company Marlowe reported a 15% improvement in group revenue in its final results on Wednesday, to £192m.
Babcock to push forward on Ukrainian naval enhancement project
Engineering services company Babcock has signed a tripartite memorandum of implementation in Odesa with the Ministry of Defence of Ukraine and the UK Government.
Liontrust profits rise as assets under management surge
Independent fund manager Liontrust Asset Management reported adjusted profit before tax of £64. 3m in its final results on Wednesday, up 69% year-on-year.
Vodafone to power all European operations from renewable sources
Telecommunications firm Vodafone said on Wednesday that it will power all of its European operations from renewable sources, starting 1 July.
Swiss Re offloads half of its Phoenix Group holding
Phoenix Group said on Wednesday that Swiss Re has sold 66,199,917 shares in Phoenix, representing about 6. 6% of its total issued share capital.
Vertu Motors ups FY profit guidance, highlights strong used car market
Vertu Motors said on Wednesday that in light of its strong performance to date, it now expects full-year profit to beat current expectations.
Synthomer names Michael Willome as next CEO
Chemicals company Stynthomer tapped Michael Willome to succeed Calum MacLean as its next group chief executive officer on Wednesday.
Workspace appoints JPM executive director of strategy & corporate development
Office space provider Workspace has appointed Paul Hewlett to the executive team as director of strategy and corporate development.
Mondi plans €125m upgrade to Finland mill
Paper and packaging maker Mondi said it has approved a €125m investment project to upgrade its semi-chemical fluting mill in Kuopio, Finland.
AstraZeneca's 'Orpathys' gets conditional approval in China
AstraZeneca announced on Wednesday that ‘Orpathys’, or savolitinib, has been granted conditional approval in China to treat patients with non-small cell lung cancer (NSCLC), with MET exon 14 skipping alterations who have progressed following prior systemic therapy or were unable to receive chemotherapy.