News And Announcements
Hiscox estimates hurricane claims at $225m
Hiscox said on Monday that net claims from hurricanes Harvey and Irma were likely to total around $225mm based on an insured market loss of $35bn.
Tritax Big Box agrees to buy £49m Royal Mail site from LondonMetric
Tritax Big Box has exchanged contracts with LondonMetric to acquire a national distribution centre on Danes Way at the Daventry International Rail Freight Terminal in Northamptonshire, currently let to Royal Mail Group, the two firms announced on Monday.
NEX Group warns on lower first-half margins
Electronic trading services provider NEX Group has warned that first-half profit margins will be hit by increased investment in its Optimisations business and ongoing low volatility on its Reset business.
Kaz Minerals Aktogay sulphide plant declared commercial.
Kaz Minerals said on Monday that following continued commissioning progress, the Aktogay sulphide plant has been declared commercial.
Vodafone signs fibre deal with NOS in Portugal
Vodafone Group announced on Monday that its Vodafone Portugal division, and Portuguese telecommunications and media conglomerate NOS, have signed an agreement to deploy and share a fibre-to-the-home network which would be marketable to around 2. 6 million homes and businesses in Portugal.
Indivior applies for US FDA approval for schizophrenia drug, buys rival patent rights
Indivior has submitted a new drug application in the US for a once-monthly injectable schizophrenia treatment and agreed to buy out patent rights from a manufacturer of similar antipsychotic medication.