Company News
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).
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.
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.
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.
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.
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.
Renew Holdings trades as expected in first half
Engineering services provider Renew Holdings said in an update on Tuesday that its first half trading performance matched management's projections, with robust demand across all its primary markets.
Hutchmed endometrial cancer treatment gets priority review in China
Hutchmed China announced the acceptance and granting of priority review by the China National Medical Products Administration (NMPA) for a new drug application combining fruquintinib and sintilimab for the treatment of advanced endometrial cancer on Tuesday.
Software Circle agrees sale of Printing.com domain
Software Circle announced the sale of the domain name Printing. com to JAL Equity, a prominent owner and operator of marketing, printing, signage, and promotion businesses in the US, for $2. 27m (£1. 8m) on Tuesday.
United Oil upbeat on extension of Waddock Cross licence
United Oil & Gas updated the market on the Waddock Cross oil field on Tuesday, in which it holds a 26. 25% working interest, announcing the extension of the PL090 licence, the home of the Waddock Cross field, for an additional five years.
UBS to launch new $2bn buyback
Swiss banking giant UBS on Tuesday announced plans to launch a new $2bn share buyback programme following the completion of its merger with Credit Suisse.
Sunrise Resources agrees sale of 29 Nevada mining claims
Sunrise Resources announced an agreement for the sale of 29 mining claims dedicated to diatomite in the Crow Springs area of Nevada on Tuesday, to Dicalite Management Group.
DSW Capital appoints Pete Fendall as COO, interim CFO
DSW Capital announced the appointment of Peter ‘Pete’ Fendall to its board on Tuesday, as its chief operating officer.
Renewi shares rise on new Dutch facility opening
Shares in Renewi rose strongly on Tuesday after the FTSE 250-listed recycling firm announced the opening of a new hard plastics sorting facility in The Netherlands which it said will help deliver on its sustainable organic growth objectives.
Bank of Georgia gets green light for Ameriabank acquisition
Bank of Georgia announced a milestone in its expansion plans involving the acquisition of Ameriabank on Tuesday.
RHI Magnesita buys US group Resco for $430m
RHI Magnesita said it was buying Resco Group, a US-based producer of alumina monolithics and refractories, for up to $430m.