Headline News
Futura Medical due $5m milestone payment from Haleon
Futura Medical, the consumer healthcare company behind Eroxon, announced on Monday that a $5m milestone payment had been triggered under its agreement with consumer products giant Haleon.
BP abandons oil and gas output target - report
BP has abandoned a target to cut oil and gas output by 2030 as chief executive Murray Auchincloss scales back the firm's energy transition strategy to regain investor confidence, according to three sources cited by Reuters.
Applied Nutrition confirms London IPO later this month
Applied Nutrition confirmed on Monday that it plans to float on the London Stock Exchange this month.
Consumer veteran Shapland to replace Boddy as Hollywood Bowl chair
Hollywood Bowl Group, the UK and Canada’s largest ten-pin bowling operator, announced on Monday that Peter Boddy would retire as chairman and step down as a director at the end of its annual general meeting on 30 January, after 10 years with the company.
3i Infrastructure gets binding offer for Valorem stake
3i Infrastructure said on Monday that it has received a binding offer for its circa 33% stake in Valorem, an independent European renewable energy developer and power producer, from funds managed by AIP Management P/S and from certain other co-investors.
Sirius Real Estate rent roll grows in first half
Germany and UK-focussed business park owner and operator Sirius Real Estate reported a 5. 5% like-for-like increase in rent roll for the six months ended 30 September on Monday.
Shell shares rise slightly on third-quarter outlook
Shell released its third-quarter 2024 outlook on Monday, reporting that in the integrated gas segment, it expected production to range between 920,000 and 960,000 barrels of oil equivalent per day, with LNG liquefaction volumes between 7. 3 million and 7. 7 million tonnes.
Grainger reports solid end to financial year
Grainger, the UK’s largest listed provider of private rental homes, flagged a robust full-year performance in an update on Monday, supported by portfolio expansion and strong rental growth.
House prices rise again in September, near record highs - Halifax
UK house prices rose in September for the third month in a row and were close to record highs amid cheaper mortgage rates, according to figures released on Monday by Halifax.