Company News
Thursday preview: BoE and ECB meetings in focus
The market spotlight will shift back to the U. K. on Thursday, where the Bank of England's policymakers will meet to decide on rates.
Pfizer shares slump 10% as annual outlook cut
Shares in Pfizer slumped on Wednesday as the US drugs giant said annual revenue and profit would come in below expectations.
Frontier IP's TVG appoints advisory board for herpesvirus vaccine
Intellectual property commercialisation specialist Frontier IP Group announced on Wednesday that its portfolio company, The Vaccine Group (TVG), had appointed an advisory board to facilitate the expansion of its herpesvirus-based vaccine platform.
Ondine raises $3.6m to help commercialise Steriwave
Life sciences company Ondine Biomedical has successfully raised CAD 4. 91m ($3. 62m), it announced on Wednesday, bolstering its efforts to commercialise its photodisinfection technology aimed at reducing healthcare-associated infections (HAIs).
Good Energy's Zapmap expands to mainland Europe
Good Energy announced on Wednesday that its EV charging point mapping subsidiary Zapmap had introduced charge point mapping services in mainland Europe.
Tekcapital investee Lucyd integrates ChatGPT into app
Intellectual property investor Tekcapital updated the market on its portfolio company Innovative Eyewear on Wednesday after the latter unveiled a significant update to the Lucyd app for Android.
Creo launches 'Speedboat Ultraslim' with first UK procedure
Creo Medical Group announced a significant milestone for its Speedboat UltraSlim medical device in the field of surgical endoscopy on Wednesday.
Wishbone confirms visual results from Cottesloe drilling
Wishbone Gold updated the market on its ongoing diamond drill programme on Wednesday at the Cottesloe project in the Paterson Range of Western Australia.
Bushveld gives notice to 40pc of head office staff
Vanadium producer Bushveld Minerals said in an update on Wednesday that it was implementing strategic cost-cutting measures to ensure long-term competitiveness and financial stability, while also right-sizing its head office staff to align with a renewed focus on core operational assets.
Apollo considering £5bn takeover of Pension Insurance Corporation - report
Apollo Global Management is reportedly considering a £5bn takeover of Pension Insurance Corporation, one of the City's biggest specialist insurers.
Seeing Machines upbeat on proposed US driver safety rules
Driver monitoring technology specialist Seeing Machines updated the market on Wednesday, on an announcement from the US National Highway Traffic Safety Administration (NHTSA).
B&M tumbles after SSA Investments sells 27.8m shares in placing
B&M European Value Retail tumbled on Wednesday after SSA investments sold 27. 8m shares in the discount retailer in a placing.
Broadband providers must tackle customer confusion - Ofcom
Broadband providers must give potential customers clearer information before they sign new deals, Ofcom said on Wednesday.
Hutchmed completes trial enrolment, keeps drugs on China funding list
Hutchmed China announced a significant milestone in its clinical trials on Wednesday, as well as the inclusion of two of its drugs on the National Reimbursement Drug List (NRDL) in China.
Royal Mail parents IDS mulling potential €500m Packeta bid - report
The owner of the Royal Mail is considering a potential bid for Czech parcels giant Packeta worth up to €500m, it was reported on Wednesday.
Greatland Gold unveils results of drilling at Scallywag
Greatland Gold announced the results of its 2023 drilling and geophysical exploration programme at its wholly-owned Scallywag tenement in the Paterson Region of Western Australia on Wednesday, next to its flagship Havieron gold-copper project.
NWF Group H1 profitability seen lower YOY
Fuels, food, and feeds distributor NWF Group said on Wednesday that cautioned on Wednesday that overall first-half profitability was behind the previous year.
Zara owner Inditex posts strong holiday sales
Fashion giant Inditex reported a solid start to festive trading on Wednesday, boosted by strong demand for its autumn/winter collections.
BAE Systems secures $8.8bn US Army contract
British defence group BAE Systems has secured an $8. 8bn contract to run an ammunition plant for the US Army.
Revolution Beauty CFO departs as Boohoo saga takes new twist
The long-running saga at cosmetics company Revolution Beauty Group took a new turn on Wednesday when major shareholder Boohoo got its wish with the departure of finance boss Elizabeth Lake.