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Advanced Medical Solutions inks new US partnership
Tissue-healing technology specialist Advanced Medical Solutions announced a partnership with TELA Bio on Monday, which it described as a pioneering medical technology company renowned for its innovative soft-tissue reconstruction solutions.
Missguided sale could be huge for Frasers Group, says Shore Capital
A deal to sell online retailer Missguided to Chinese fast fashion giant Shein could present more opportunities for owner Frasers Group than just an asset disposal, according to broker Shore Capital.
Elixirr posts strong growth, announces Responsum acquisition
Challenger consultancy Elixirr International reported strong first-half growth in its interim results and announced the acquisition of US-based AI specialist Responsum on Monday.
Tuesday preview: Euro area CPI, US housing starts in the spotlight
The market spotlight on Tuesday will fall on the euro area.
Bitcoin rises with confidence in volatile week marked by Fed decision
There´s been a rebound in the cryptocurrency market. Bitcoin (BTC) rises 0. 7% in the last 24 hours to above $26,700, while Ethereum (ETH) advances slightly less at $1,630.
Europe open: Shares down as rate decisions loom; S4 Capital tanks
European shares opened lower on Monday as investors awaited key interest rate decisions this week and eyed the latest developments in China's struggling property market.
Asia report: Stocks mixed ahead of key central bank events
Asia-Pacific markets finished with a mixed performance on Monday, as investors focused on several impending central bank events.
Canaccord sees scope for £500m of share buybacks at Trainline
Analysts at Canaccord Genuity reiterated their 'buy' recommendation and 271. 0p target price on shares of Trainline due to their "depressed" valuation despite the "materially" improving outlook and potential for share buybacks.
GCP Infrastructure terminates merger discussions with GABI
GCP Infrastructure Investments has ceased discussions about a proposed merger with GCP Asset Backed Income Fund (GABI), it announced on Monday, with the initial heads of terms (HoTs) between the two entities terminated.
London open: Stocks flat as risk appetite declines ahead of central bank decisions
London stocks opened more or less flat on Monday morning, pausing at a four-month high as investors exercised caution ahead of some pivotal monetary policy decisions later in the week.
Diversified Energy shuffles executives as finance chief steps down
Diversified Energy announced a number of changes to its executive leadership structure on Monday, as its executive vice-president and chief financial officer Eric Williams stepped down with immediate effect to explore new professional avenues.
Phoenix Group smashes forecasts with cash generation
Savings and retirement group Phoenix lifted its interim dividend by 5% after smashing forecasts with cash generation in the first half.
Pendragon sells UK motor, leasing arm for £250m
Car dealership operator Pendragon on Monday said it was selling its UK motor and leasing business to US firm Lithia for £250m.
HICL Infrastructure sells interest in Bradford schools PFI
HICL Infrastructure announced the sale of its equity interests in the ‘Bradford Building Schools for the Future’ (BSF) first and second phase public finance initiative projects on Monday, for an estimated £37m.
US FDA approves GSK treatment for myelofibrosis
GSK announced on Monday that the US Food and Drug Administration (FDA) has granted approval for ‘Ojjaara’, or momelotinib, as a treatment for adults suffering from intermediate or high-risk myelofibrosis with anaemia, including cases of primary myelofibrosis or secondary myelofibrosis.
GSK gets US approval for myelofibrosis drug, Mondi sells last Russian facility
London open The FTSE 100 is expected to open 23 points lower on Monday, having closed up 0. 5% on Friday at 7,711. 38.
London pre-open: Stocks set to retreat from four-month high
UK markets were expected to open the new week on the back foot as investors exercised caution after some big gains over previous sessions.
Monday newspaper round-up: Rents,.Manufacturers, BAE Systems
Residential rents across Britain are rising at their fastest on record as high interest rates shut would-be buyers out of the property market. Monthly rental costs are on average 12 per cent higher than they were this time last year, up £140 to breach £1,300 for the first time, according to the estate agent Hamptons. Separate research from the property website Rightmove suggests that more than a third of homes for sale have had their asking prices reduced as vendors try to drum up demand.
Mondi signs €775m deal to complete Russia exit
Paper and packaging group Mondi said it had sold its last remaining facility in Russia to Sezar Invest for 80bn roubles (€775m).
Subdued August weighs on UK house prices
A subdued August left UK house prices largely unchanged, industry research showed on Monday.