Market Pulse
Kooth inks partnership with Aetna Better Health of Illinois
Digital mental well-being services provider Kooth said on Tuesday that it had launched an initial one-year partnership with Aetna Better Health of Illinois.
Empresaria swings to first-half operating loss
Specialist staffing firm Empresaria swung to an operating loss in its first half, it reported on Tuesday, reflecting the continued impact of difficult market conditions on its financial performance.
N4 Pharma reports positive progress with SRI collaboration
N4 Pharma, a specialist pharmaceutical company focused on the development of Nuvec, a novel delivery system for cancer treatments, gene therapy, and vaccines, updated the market on its collaboration with SRI International on Tuesday.
Asia report: Markets mixed as China keeps loan prime rates steady
Asia-Pacific markets finished with a mixed performance on Tuesday, following a strong rally on Wall Street overnight.
H&T Group upbeat on first-half growth
Pawnbroker H&T Group reported a 12. 5% increase in first-half profit before tax on Tuesday, to £9. 9m, compared to £8. 8m in the first half of 2023.
BT Group slides as CityFibre strikes deal with Sky
BT Group slumped on Tuesday after competitor CityFibre announced a long-term broadband partnership with Sky.
Triple Point Social Housing transfers leases on 38 properties
Triple Point Social Housing REIT announced on Tuesday that it has successfully transferred the leases of 38 properties, previously leased to Parasol, to Westmoreland Housing Association.
PBOC maintains benchmark lending rates
Chinese central bank The People's Bank of China kept its benchmark lending rates unchanged on Tuesday, in line with market expectations.
London open: Stocks fall as Shell, BP gush lower
London stocks fell in early trade on Tuesday, with energy issues in the red as oil prices declined.
Drax strikes £450m sustainability-linked RCF
Power generation business Drax said on Tuesday that it has struck a new sustainability-linked £450. 0m revolving credit facility.
Gran Tierra agrees £174m acquisition of i3 Energy
Gran Tierra Energy has agreed to acquire i3 Energy, it was announced on Tuesday morning, in a cash and share deal worth £174. 1m.
Trading suspension lifted as MobilityOne reports full-year losses
E-commerce infrastructure payment specialist MobilityOne announced its audited financial results for the year ended 31 December on Tuesday, allowing trading in its shares to resume.
Wood Group swings to H1 operating loss but FY guidance maintained
Wood Group said on Tuesday that it swung to an operating loss in the first half as revenue fell, but the engineering firm backed its outlook for this year and the next.
Diversified Energy acquires $69m package of East Texas gas assets
Diversified Energy announced a conditional agreement to acquire a package of natural gas assets in eastern Texas on Tuesday, for $69m.
GSK lung cancer drug gets FDA breakthrough designation
Pharmaceutical giant GSK announced on Tuesday that the US Food and Drug Administration (FDA) has granted breakthrough therapy designation to its investigational drug, GSK5764227 (GSK'227), for the treatment of patients with extensive-stage small-cell lung cancer (ES-SCLC) who had experienced disease progression following platinum-based chemotherapy.
London pre-open: Stocks seen down despite Wall St gains
London stocks were set to fall at the open on Tuesday despite a solid session on Wall Street.
Tuesday newspaper round-up: Missing yacht, City Airport, energy bills
Morgan Stanley International chairman Jonathan Bloomer is among those missing after a yacht carrying UK tech entrepreneur Mike Lynch sank off the coast of Sicily during a violent storm, an Italian official has said. Salvatore Cocina, head of the civil protection agency in Sicily, said Bloomer and Chris Morvillo, a lawyer at Clifford Chance, were among the six people missing. Lynch and his 18-year-old daughter, Hannah, were also unaccounted for as of late Monday. – Guardian.