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Celadon confident in seeing through funding challenges
Cannabis-based medicines specialist Celadon Pharmaceuticals updated the market on its financial position on Friday, amid ongoing challenges related to delays in expected funding.
Revenue falls, profit improves for Anglo-Eastern Plantations
Anglo-Eastern Plantations, a producer of palm oil and rubber with operations in Indonesia and Malaysia, reported first-half revenue of $166. 7m in its interim results on Friday, down 4% from $173. 4m in the same period last year.
Sound Energy inks bridge finance deal ahead of SEME sale completion
Sound Energy has entered into a bridge financing facility agreement for up to £1. 5m, it announced on Friday.
Dillistone Group warns of 'challenging' market environment, raises £300k
Recruitment software supplier Dillistone Group warned on Friday that the market remained challenging and, if anything, had softened further in the second quarter and into Q3.
Asia report: Markets mixed ahead of Jackson Hole symposium
Asia-Pacific markets showed a mixed performance on Friday, as investors awaited remarks from US Federal Reserve chairman Jerome Powell at the Jackson Hole economic symposium later in the global day.
Corero Network Security strikes new channel partnerships in Latin America
DDoS protection solutions provider Corero Network Security has struck new channel partnerships in Latin America, extending its sales footprint and generating its first new customer win in the area.
UK household energy bills to rise 10pc in October
UK household energy bills will rise by £149 in October as part of industry watchdog Ofgem's new price cap.
Nestle announces CEO departure, shares slump
Nestle slumped on Friday as it announced the departure of chief executive Mark Schneider, who will be replaced by Laurent Freixe.
Europe open: Stocks gain ahead of Powell's Jackson Hole speech
European stocks rose in early trade on Friday as investors eyed a speech by Federal Reserve chair Jerome Powell for further clues on the timing of rate cuts.
London open: Stocks rise as investors eye Powell speech
London stocks rose in early trade on Friday as investors eyed a speech by Federal Reserve chairman Jerome Powell at Jackson Hole.
Evoke expands Romanian operation with Winner.ro acquisition
William Hill owner Evoke announced the acquisition of New Gambling Solutions (NGS on Friday, which operates Winner. ro, Romania’s seventh-largest online betting and gaming platform.
Direct Line finds miscalculation in 2023 Solvency Capital Ratio
Direct Line Insurance Group announced a correction to its previously-reported Solvency Capital Ratio (SCR) for the year ending 2023 on Friday, after it identified a miscalculation.
Hiscox appoints interim chair after Bloomer dies in Bayesian sinking
Hiscox said on Friday that it had appointed senior independent director Colin Keogh as interim chair following the death of Jonathan Bloomer earlier in the week.
London pre-open: Stocks seen up ahead of Powell speech
London stocks were set to gain at the open on Friday as investors eyed a speech by Federal Reserve chairman Jerome Powell at Jackson Hole.
Direct Line corrects Solvency II miscalculation, Evoke acquires Winner.ro
London open The FTSE 100 is expected to open 39 points higher on Friday, having closed up 0. 06% on Thursday at 8,288. 00.
Friday newspaper round-up: Energy bills, listing rules, aircraft deliveries
Households will begin the run-up to winter with a sharp increase in their energy bills after the industry regulator increased its cap on energy prices by 9. 5% from October. Under the new price cap, the average annual energy bill will rise to £1,717 a year for gas and electricity, up £149 from its current level of £1,568, which has been in place since July. The price cap is set every quarter by Ofgem, the energy regulator for Great Britain, and imposes a maximum on how much suppliers can charge their 29 million household customers per unit of gas and electricity.