Technology
TI Fluid Systems revenue falls in third quarter
TI Fluid Systems reported a 2. 9% decline in revenue at constant currency for the first nine months of the year on Tuesday, citing reduced market volumes and economic headwinds in the third quarter, which alone saw a revenue drop of 5. 9%.
Morgan Advanced Materials lowers outlook, launches £40m buyback
Morgan Advanced Materials reported a 3. 8% rise in organic sales for the first nine months of 2024 on Tuesday, driven primarily by strong demand in its performance carbon segment, which saw a 12. 6% increase.
CMA says Vodafone-Three merger could proceed with remedies
The Competition and Markets Authority (CMA) provisionally indicated that the proposed merger between Vodafone and Three could move forward on Tuesday, if the companies implemented significant network investments and customer safeguards.
Futura Medical reports progress with R&D pipeline
Futura Medical announced encouraging progress in its product development pipeline on Monday, with successful proof-of-concept results for two new treatments addressing sexual dysfunction.
Zotefoams confident in meeting full-year expectations
Zotefoams reported a robust trading performance for the first nine months of the year on Monday, with year-to-date sales ahead 23% at £110. 7m, compared to the same period last year.
AFC Energy ends year ahead of expectations
AFC Energy reported solid trading for the financial year just ended on Monday, underscoring growth in its hydrogen power solutions and expanding presence in the Middle East.
Croma Security Solutions reports solid final results
Croma Security Solutions Group reported solid financial results for the year ended 30 June on Monday, with group revenue rising 8. 9% to £8. 74m, after the first full year under its new strategic direction.
Physiomics announces new modelling and data sciences manager
Physiomics announced the appointment of Mark Davies as its head of quantitative pharmacology and data science on Monday.
Chemring wins major contracts worth £278m
Chemring Group announced two major contract wins valued at a combined £278m on Monday, through its subsidiaries Chemring Nobel in Norway and Chemring Energetic Devices (CED) in the United States.
Apple to expand iPhone satellite capability with £1.5bn commitment
Apple strengthened its partnership with satellite communications firm Globalstar, it was reported on Friday, by committing around $1. 5bn to expand iPhone satellite services, according to a recent securities filing.
CMC Markets enters partnership with New Zealand's ASB
CMC Markets announced a strategic partnership with New Zealand bank ASB on Friday, marking a significant expansion into the Australia-New Zealand region.