Company News
Porvair records pre-tax profits ahead of expectations
Filtration and environmental technologies specialists Porvair announced on Tuesday that it had seen continued good progress in the nine months leading to 31 August, growing its revenue and increasing pre-tax profits.
Clear Leisure clarifies goals in negotiations with Mediapolis creditors
Clear Leisure issued an update clarifying the position in relation to ongoing negotiations with creditors of its subsidiary, Mediapolis, on Tuesday.
Toys 'R' Us files for bankruptcy in US
American toy maker Toys 'R' Us has filed for bankruptcy protection in the US and Canada as it attempts to restructure its debts with the help of various lenders.
MySQUAR integrates with mobile network Ooredoo's billing services
Myanmar-language social media, entertainment and payments platform MySQUAR announced on Tuesday that it has successfully integrated Ooredoo Myanmar's billing services, whereby MySQUAR will use Ooredoo's carrier billing service for its mobile applications and games.
IAG joins fray for all or part of Air Berlin
IAG has joined the fray for all or part of bankrupt German peer Air Berlin, two people familiar with the matter told Reuters.
Ocado hit by cost comments but sales and order numbers surge
Online grocery specialist Ocado reported a slight acceleration of growth in the third quarter of the year but comments about a short-term spike in costs hit the shares on Tuesday.
Reckitt Benckiser pencils in ex-Pepsi man Sinclair as chairman
Reckitt Benckiser Group has chosen Chris Sinclair to be its next chairman after Adrian Bellamy decided he will retire from the role next year.
FDA approves Trelegy Ellipta inhaler for GlaxoSmithKline, Innoviva
GlaxoSmithKline, alongside Innoviva, announced on Tuesday that the US Food and Drug Administration has approved once-daily, single inhaler triple therapy fluticasone furoate/umeclidinium/vilanterol under the brand name Trelegy Ellipta, for the long-term, once-daily, maintenance treatment of patients with chronic obstructive pulmonary disease (COPD).
ConvaTec launches new intermittent catheter in Europe
Medical products and technology company ConvaTec Group announced the European introduction of GentleCath Glide on Monday, which it described as an “intermittent catheter” developed to provide convenient hydrophilic catheterisation for daily users.