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US FDA gives green light for use of AstraZeneca's Voydeya
America's drug regulator gave the green light to AstraZeneca's for the add-on use of Voydeya in the treatment of extravascular haemolysis (EVH) in patients with paroxysmal nocturnal haemoglobinuria (PNH).
US close: Stocks slip on first day of second quarter
Wall Street closed in the red on the first trading day of the second quarter on Tuesday, as some robust economic data sparked speculation about potential delays in anticipated Federal Reserve rate cuts.
Directors dealings: United Utilities director picks up some shares
United Utilities non-executive director Michael Lewis and his spouse bought a large amount of shares in the water group just before the Easter break.
US open: Stocks start Q2 on back foot, data and geopolitics weigh
Shares on Wall Street were trading on the back foot on their first trading day of the second quarter in response to solid economic data that had some observers musing out loud that the Fed might postpone its anticipated rate cuts.
London close: Stocks turn red on return from Easter break
UK stocks experienced a downturn by the end of trading on Tuesday, as investors resumed activity following the extended weekend, with initial gains reversed by the close ahead of a week marked by a number of key economic data releases.
FTSE 250 movers: Miners in favour; Mobico on the skids again
FTSE 250 (MCX) 19,739. 87 -0. 73%.
US job openings little changed in February
The number of job openings in the U. S. was little changed in February from the month before, reflecting no further easing yet in the jobs market.
Royal Mail appoints Heathrow executive as new CEO
Royal Mail has appointed a senior executive from Heathrow to become its next boss as parent company International Distribution Services looks to turn its fortunes around.
FTSE 100 movers: Mining and oil stocks jump, housebuilders fall
London's benchmark index was trading slightly in the red on Tuesday afternoon as impressive gains in the mining and oil sectors were outweighed by consumer-products stocks and property developers.
MTI Wireless Edge secures $1.2m antenna order
Communications and radiofrequency technology specialist MTI Wireless Edge announced on Tuesday that its antenna division had secured a significant repeat order for the production of military antennas.
Agronomics investee Onego Bio raises EUR 27m
Cellular agriculture investor Agronomics announced on Tuesday that its portfolio company Onego Bio has secured €27m in its series A financing round.
Superdry tanks as CEO decides against rescue bid
Shares in Superdry tanked by more than half on Tuesday after the struggling fashion retailer revealed that chief executive Julian Dunkerton had decided against making an offer for company.
Wednesday preview: Fed's Powell, US services PMI in focus
Investors' focus in the middle of the week will be on Fedspeak, not least a speech by U. S. central bank governor Jerome Powell.
UK factory activity expands in March for the first time since mid-2022
Factory sector activity expanded last month for the first time since July 2022, according to the results of a closely followed survey.
Naked Wines confirms start-of-year management changes
Naked Wines confirmed the appointment of Rodrigo Maza as group chief executive officer on Tuesday, as it entered its 2025 financial year.
London midday: FTSE 100 hits 14-month high but gains modest
UK stocks were at their highest in 14 months Tuesday as investors returned to their desks after the long weekend, though gains were only modest ahead of a busy week for economic data which could decide on course for monetary policy in the short term.
Mission Group confident despite fall in operating profit
Digital marketing and communications specialist, the Mission Group reported revenue of £86. 3m in its final results for 2023 on Tuesday, reflecting an increase of £6. 7m.
Europe midday: Shares pare gains after EZ PMI data
European shares returned to action from the Easter break and had pared gains by lunchtime on the back of weaker eurozone manufacturing survey data for March.
US pre-open: Profit taking set to continue as data pulls focus
US stock futures were pointing to a weak start on Wall Street on Tuesday as investors continued to treat cautiously in light of recent resilient data ahead of another busy few days for economic indicators.
Cordel reports solid operational progress
Transport technology specialist Cordel Group said in an update on Tuesday that the $6. 7m contract with Amtrak was progressing favourably.