News And Announcements
FirstGroup to launch new Carmarthen-London rail service in 2027
Bus and train firm FirstGroup has completed the acquisition of Grand Union, which holds track access rights for a new open access rail service between Carmarthen in Wales and London Paddington.
GSK extends strategic vaccine collaboration with Zhifei
Drugmaker GSK has revised and extended its strategic vaccine collaboration with Chinese firm Chongqing Zhifei Biological Products.
Future FY profits drop, returns to organic growth in H2
Publishing company Future said on Thursday that profits had dropped in the 12 months ended 30 September but stated that it was "well positioned" after H2 momentum had driven a return to organic growth.
AstraZeneca cancer drug secures US approval
AstraZeneca drug Imfinzi has been approved for use in the US for patients with limited stage small cell lung cancer, the biopharmaceutical specialist confirmed on Thursday.
Vistry Group strikes deal to build 950 homes in east London
Vistry Group has agreed to build nearly 950 new homes near London’s Olympic Park, the blue chip announced on Thursday.
Shell, Equinor to form UK oil & gas joint venture
Energy giants Equinor and Shell on Thursday said they were combining their British offshore oil and gas assets to create what they said would be the UK North Sea’s biggest independent oil and gas producer.
Tullow Oil CEO Rahul Dhir to step down in 2025
Tullow Oil said on Thursday that Rahul Dhir will step down as chief executive officer and resign from the board next year "to pursue other business, academic and family interests".
AJ Bell reports record set of full-year results
Investment platform AJ Bell reported record full-year financial results on Thursday, with revenue rising 23% year-on-year to £269. 4m, while profit before tax increased 29% to £113. 3m.
Wood Group secures three engineering, project delivery agreements with BP
Wood Group said on Thursday that it has secured three "major" agreements with BP to provide engineering and project delivery services for their capital projects worldwide.
CMA clears Vodafone-Three merger as firms commit to £11bn 5G investment
The Competition and Markets Authority has cleared the proposed merger between Vodafone and Three on the proviso that the companies promise to invest billions to roll out a combined 5G network across the UK.
Profits slide at DS Smith amid 'challenging' market conditions
DS Smith posted a slide in half-year earnings on Thursday, hit by "challenging" market conditions, including weaker prices and higher costs.