Market Report
Reabold Resources updates market on plans for West Newton A-2 well
Upstream oil and gas investment company Reabold Resources updated the market on the initial drilling results of the West Newton A-2 appraisal well on Wednesday.
Futura Medical recruits 1,000 patients for erectile treatment trial
Pharmaceutical company Futura Medical announced the completion of patient recruitment for the first European phase 3 study of MED2005, ‘FM57’, on Wednesday, adding that it remained on track to deliver headline data by the end of 2019.
Gillian Wilmot to chair Zoo Digital board
Cloud-based entertainment localisation and digital distribution provider Zoo Digital Group announced the appointment of Gillian Wilmot to the board as its new chairman on Wednesday, with effect from 1 July.
Surgical Innovations makes management changes as CFO quits
Surgery technology company Surgical Innovations announced a number of changes to its board, management structure and responsibilities on Wednesday, confirming that chief financial officer Melanie Ross had decided to leave the group, with effect from 30 June.
Europe open: Investors catch their breath ahead of slew of central bank decisions
Stocks on the Continent were taking a breather early on Wednesday morning following the very sharp gains seen during the previous session, with investors also wary ahead of the US central bank's policy announcement due out after the market close in Frankfurt.
London open: Stocks steady as investors eye inflation figures, Fed announcement
London stocks were steady in early trade on Wednesday as investors eyed the latest UK inflation data and a policy announcement from the Federal Reserve.
AstraZeneca gets three new drug approvals in Japan
AstraZeneca announced three new drug approvals in Japan on Wednesday, with the first for ‘Breztri Aerosphere’ (budesonide/glycopyrronium/ formoterol fumarate) - formerly PT010 - as a triple-combination therapy to relieve symptoms of chronic obstructive pulmonary disease (COPD).
Capital & Counties chief investment officer to step down
Capital & Counties said on Wednesday that managing director and chief investment officer Gary Yardley will leave the company on 30 June.
Mulberry swings to loss, cites 'challenging' UK market and HoF collapse
Luxury handbag maker Mulberry said on Wednesday that it swung to a full-year loss amid a "challenging" UK retail market and as it took a hit from the collapse of House of Fraser.
London pre-open: Stocks to edge up ahead of inflation data
London stocks were set to edge up on Wednesday as investors eyed the latest UK inflation data and a policy announcement from the Federal Reserve.
Berkeley anticipates further decline in profits, AstraZeneca announces three new drug approvals
London open.
Wednesday newspaper round-up: Debt, tax havens, FCA, cyberattack
People struggling with serious debt are to benefit from a new two-month “breathing space” during which they cannot be hassled by debt collectors and bailiffs, the government has said. During the 60-day period, those eligible will be protected from enforcement action from creditors, and will also see their interest, fees and charges frozen. – Guardian.
Wednesday newspaper round-up: Second referendum, Boris Johnson, Federal Reserve
Jeremy Corbyn will back a move today for Labour to change its Brexit policy and support a second referendum in all circumstances. The shadow cabinet is due to discuss the plan to make Labour’s stance decisively pro-Remain. A paper drawn up by Andrew Fisher, Mr Corbyn’s head of policy, recommends that Labour support a second referendum on any deal negotiated with Brussels. A senior Labour source confirmed that Mr Corbyn was endorsing the shift in policy, adding: “It is a moment.