News And Announcements
CMA says Apple's browser policies hinder innovation
The Competition and Markets Authority (CMA) announced on Friday that it has provisionally found that Apple’s policies on mobile browsers hinder innovation, impacting UK businesses and millions of users.
Gemfields sells 30 of 43 lots in emerald auction
Gemfields reported revenues of $16. 1m from its latest auction of higher-quality rough emeralds on Friday, held between 4 and 21 November.
Unilever to separate ice cream business by end 2025
Consumer goods giant and Ben & Jerry’s parent Unilever said on Friday that it remains on track to deliver its €800m productivity programme and to separate its ice cream business by the end of next year.
Games Workshop shares hit record high after lifting H1 guidance
Shares in Warhammer maker Games Workshop surged by 16% and hit a record high on Friday after the company lifted half-year guidance on the back of better-than-expected trading in the last two months.
Ryanair to appeal "baseless" Spanish fine on baggage fees
Ryanair has said it would appeal a €108m fine from Spain's Ministry of Consumer Rights for alleged unnecessary customer charges, like the fees it takes for additional cabin luggage.
Invinity progressing domicile move from Jersey to the UK
Invinity Energy Systems, a manufacturer of utility-grade energy storage solutions, said on Friday that its planned redomiciliation from Jersey to the UK was progressing as outlined in its interim results.
Gatwick Airport terminal evacuated amid 'security incident'
A large part of Gatwick Airport's South Terminal was evacuated on Friday morning due to a “security incident”.
Hutchmed partner launches Fruzaqla in Japan
Hutchmed China announced the launch of ‘Fruzaqla’, or fruquintinib, in Japan on Friday by its partner, Takeda, following approval from Japan’s Ministry of Health, Labour and Welfare in September.
Belluscura US subsidiary secures $4m credit facility
Belluscura, a developer of lightweight, portable oxygen enrichment devices, announced on Friday that its subsidiary Belluscura LLC has secured a $4m credit facility from Sallyport Commercial Finance.
Quadrise reports continued progress across projects
Quadrise reported continued progress across its marine, industrial, and low-carbon fuel projects in an update on Friday, despite challenges earlier in the year.
Michelmersh trading in line with expectations
Specialist brick manufacturer Michelmersh said in a trading update on Friday that its performance for the year ending 31 December remained in line with market expectations.
General Atlantic extends deadline to make offer for Learning Technologies
Learning Technologies announced an extension to the deadline for General Atlantic, through its managed and advised funds, to make a firm offer for the company under the Takeover Code on Friday.
Life insurers need to work quicker to handle bereavements, says FCA
The Financial Conduct Authority has urged life insurers to avoid "unnecessary delays" when settling life insurance claims quicker and improve their customer experience.
Amigo makes progress with wind-down process
Amigo, the former mid-cost credit provider now in run-off, reported its interim financial results on Friday, reflecting significant progress in its wind-down process under the fallback scheme.
DFS hails improved trading, appoints interim CFO
DFS Furniture hailed an improvement in trading on Friday as it announced the appointment of an interim chief financial officer.
Ofgem hikes energy price cap to £1,738 per year
Th energy price cap for the first quarter of 2025 has been raised by 1. 2%, according to a statement on Friday by Ofgem, meaning that the average household could pay up to £1,738 a year on average for electricity and gas.
Workspace hikes dividend after first-half growth
Workspace Group reported a 4. 3% increase in underlying net rental income to £60. 2 for its first half on Friday, driven by strong customer demand and portfolio management.
Tlou reports substantial progress at Lesedi
Tlou Energy announced significant progress at its flagship Lesedi power project in Botswana on Friday, with the on-site electrical substation now over 90% complete.
GSK's Arexvy approved for wider age range in Japan
Biopharma giant GSK has announced that Japanese regulators have expanded the approved use of its Arexvy vaccine for severe respiratory syncytial virus (RSV) disease to a wider age range.