Company News
Thursday preview: US jobs data, OPEC meeting in the spotlight
Investors' focus on Thursday will be on the US labour market.
UnitedHealthcare CEO Brian Thompson shot dead in NY
UnitedHealthcare chief executive Brian Thompson has been shot dead outside the Hilton Hotel in midtown Manhattan in an apparent targeted attack, New York police said on Wednesday.
Director dealings: Argentex chairman raises stake
Argentex revealed on Wednesday that chairman Nigel Railton had acquired 693,000 ordinary shares in the AIM-listed currency management and payment solutions provider.
N4 Pharma files for new UK patent
N4 Pharma, a pharmaceutical company specializing in RNA therapeutics, announced the filing of a new patent with the UK patent office on Wednesday, for its oral anti-inflammatory treatment targeting irritable bowel disease (IBD).
AstraZeneca appoints Iskra Reic as vice-president of intl unit
AstraZeneca said it had appointed AstraZeneca today announced the appointment of Iskra Reic as Executive Vice President (EVP), International with responsibility for overall strategy and driving sustainable growth across this broad region. This encompasses China, Asian and Eurasian markets, Middle East & Africa, Latin America, Australia & New Zealand. as executive vice-president of its international division with responsibility for overall strategy and driving sustainable growth across China, Asian and Eurasian markets, Middle East & Africa, Latin America, Australia & New Zealand.
Concurrent Technologies unveils new 10Gb ethernet switch product
Advanced computing systems designer and manufacturer Concurrent Technologies unveiled ‘Hermod II’, a rugged 10 gigabit ethernet switch engineered for harsh environments in the defence and heavy industrial sectors, on Wednesday.
Kefi awarded Konso Critical Metals licence in Ethiopia
Kefi Gold and Copper announced on Wednesday that it has been awarded the Konso Critical Metals Area exploration licence in Ethiopia by the Ministry of Mines.
US private sector adds fewer jobs than expected in November - ADP
Private sector employment in the US rose less than expected in November, according to figures released on Wednesday by ADP.
Eli Lilly weight-loss drug Zepbound beats Wegovy in trial
Eli Lilly said on Wednesday that a clinical trial had shown that patients taking its weight-loss drug Zepbound (tirzepatide) lost 47% more weight than those taking Novo Nordisk’s Wegovy (semaglutide).
UK service economy falters, outlook weakens - PMI
Business optimism across UK service providers sank to a two-year low in November, a closely-watched survey showed on Wednesday, on mounting concerns about higher costs.
Croma Security reports solid momentum in new financial year
Croma Security Solutions said in an update on Wednesday that it has achieved 6. 3% like-for-like growth and maintained a robust balance sheet, with no debt and £4. 1m in cash as of 30 November.
GreenRoc inks deal with Norwegian battery maker Morrow
GreenRoc Strategic Materials announced the signing of a memorandum of understanding (MoU) with Norwegian battery manufacturer Morrow Batteries on Wednesday, marking a significant step in its development of graphite-based active anode material (AAM) for lithium-ion batteries.
Eco Buildings Group turns over first million euros ahead of schedule
Modular housing specialist Eco Buildings Group announced on Wednesday that it surpassed €1m in revenue as of 2 December, achieving the milestone ahead of schedule.
General Atlantic snaps up UK's LTG in £800m deal
AIM’s Learning Technologies Group has agreed to be taken over in a £800m deal, it was confirmed on Wednesday, after being hit by "challenging" conditions.
Vodafone sells remaining 3% stake in Indus Towers
Vodafone said on Wednesday that it was selling its remaining 3% stake in India’s Indus Towers.
SWR, c2c and Greater Anglia to be Labour's first renationalised train firms
The government has announced plans to bring train operators South Western Railway (SWR), c2c and Greater Anglia under public ownership next year, as the first parts of its sweeping nationalisation of the UK rail network.
Greatland completes acquisition of Havieron and Telfer projects
Greatland Gold announced the official completion of its acquisition of Newmont Corporation's majority stake in the Havieron gold-copper project, full ownership of the Telfer gold-copper mine, and associated assets in Western Australia’s Paterson region on Wednesday.
IQE finalises sale of closed Pennsylvania site
Advanced compound semiconductor wafer products specialist IQE announced on Wednesday that it has finalised the sale of its decommissioned site in Bethlehem, Pennsylvania.
Amaroq raises £27.5m in oversubscribed placing
Greenland-focussed mining company Amaroq Minerals announced the completion of an oversubscribed fundraising on Wednesday, raising gross proceeds of £27. 5m to be used in accelerating its portfolio of gold and strategic mineral assets.
Treatt hails strong H2 as full-year profits rise
Ingredients and flavour manufacturer Treatt reported a rise in full-year profit and revenue on Wednesday, as it hailed a particularly strong revenue performance in the second half.