Company News
Eden Research applies for Ecovelex approval in the UK
Biopesticide specialist Eden Research announced its application for the authorisation of ‘Ecovelex’ in the United Kingdom on Monday, following its recent application in the European Union.
Tuesday preview: Reserve Bank of Australia, German foreign trade in focus
Tuesday's main risk event was to take place overnight Down Under.
Duke Royalty puts another £1.9m into New Path
Alternative capital specialist Duke Royalty announced a follow-on investment of £1. 9m into its existing royalty partner New Path Fire and Security on Monday.
Director dealings: CLS deputy chair linked to £1.3m buy, Marks Electical CFO invests
On the list of director buys on Monday was CLS Holdings, after a £1. 3m transaction was linked to its deputy chair.
SigmaRoc enters strategic partnership with Mevo
Quarried materials specialist SigmaRoc announced a strategic partnership with Material Evolution (Mevo) on Monday - an advanced materials company that specialises in producing low-carbon cement from industrial waste streams.
CentralNic expands share buyback by £30m
Internet company CentralNic announced a £30m increase in its second share buyback programme on Monday, taking it to a maximum aggregate consideration of £34m.
ITM Power inks strategic partnership with Mott Corporation
Electrolyser technology specialist ITM Power announced a strategic partnership with Mott Corporation on Monday.
FCA warns insurers over treatment of vulnerable customers
The Financial Conduct Authority (FCA) issued a warning to home and motor insurers on Monday, urging them to improve their treatment of vulnerable customers and enhance their claims handling processes.
CMA proposes fuel price monitor as margins widen
The Competition and Markets Authority (CMA) put forth a plan to help drivers access more competitive fuel prices on Monday, in a bid to address weakening competition in the retail petrol market.
JD Sports inks first-ever franchise deal in Middle East
UK sportswear retailer JD Sports Fashion on Monday said it planned to open around 50 stores in the Middle East after agreeing a franchise deal with Dubai-based GMG.
Novacyt to buy Yourgene Health in £16.7m deal
Yourgene Health surged on Monday after it agreed to be bought by Novacyt in a £16. 7m deal.
De Beers, Botswana govt agree 10 year sales deal extension
Anglo American said its De Beers unit and the Botswana government had reached agreement in principle on a new 10-year sales agreement for their Debswana rough diamond joint venture.
Capita extends revolving credit facility to end of 2026
Capita announced on Monday that it has extended the maturity of its revolving credit facility out to 31 December 2026.
AstraZeneca reveals mixed interim findings in lung cancer trial
AstraZeneca announced on Monday that datopotamab deruxtecan, or ‘Dato-DXd’, has shown promising results in a trial in patients with locally-advanced or metastatic non-small cell lung cancer (NSCLC) who had previously received at least one therapy.
Tate & Lyle begins hunt for new board chair
Food ingredients firm Tate & Lyle announced on Monday that Dr Gerry Murphy would be stepping down as its chair after more than six years in the role.
Tesco brings in Gerry Murphy as its new chair
Retail giant Tesco announced on Monday that Dr Gerry Murphy would join its board and assume the role of chair from 1 September.
Kainos buys RapidIT-Cloudbera for undisclosed sum
UK IT group Kainos said it had bought US-based RapidIT-Cloudbera for an undisclosed sum.
Wood Group secures $250m contract extension in Brunei
Wood Group said on Monday that it has secured a $250m contract extension from Brunei Shell Petroleum, Brunei's largest energy producer.
ME Group buys Fujifilm Japan photobooth business for £5.5m
Vending machine company ME Group said it was buying Fujifilm’s automated-photobooth business in Japan for up to £5. 5m.
IG Group CEO to take short period of medical leave
IG Group said chief executive June Felix is taking a short period of medical leave from the business.