Company News
Property market slows amid political and economic worries, RICS says
Britain's property market is slowing as political and economic uncertainty take their toll on sales, buyer demand and prices, a closely watched survey has shown.
BowLeven narrows losses
Edinburgh-based oil and gas company Bowleven cut back on losses in its last financial year despite not having generated any revenue throughout the period.
Thursday preview: Astra, Burberry, Sainsbury's, National Grid results due
Thursday is due to see the latest round of Brexit talks kick off again in Brussels, UK industrial and trade data and results from the likes of AstraZeneca, Burberry, Halfords, National Grid and Sainsbury's.
Vp acquires tool and equipment firm Brandon Hire Group
British equipment rental and services company Vp announced on Wednesday that it had acquired the entire issued share capital of Bristol-based firm Brandon Hire Group Holdings.
AECI agrees to acquire agrochemicals firm Schirm from Imperial
AECI announced on Wednesday that, via a wholly owned subsidiary, it had reached an agreement with Imperial Chemical Logistics (ICL) to acquire 100% of the issued share capital in Schirm, itself a subsidiary of ICL for a cash consideration of €110. 5m.
N4 Pharma upbeat on latest 'nuvec' study results
Specialist pharmaceutical company N4 Pharma announced the results of its latest study for its ‘nuvec’ silica nanoparticles (SiNPs) delivery system.
OptiBiotix reveals new, improved SlimBiome platform
Life sciences business OptiBiotix Health issued a product development and commercial update on its ‘SlimBiome’ product platform on Thursday, reporting that it was launching a new improved version of the platform following the announcement of the manufacturing and supply agreement with Knighton Foods on 1 November.
Fulcrum's electricity assets unit gets crucial Ofgem licence
Multi-utility infrastructure and services provider Fulcrum Utility Services announced on Wednesday that its operating subsidiary Fulcrum Electricity Assets has been granted an independent distribution network operator (iDNO) licence by the Office of Gas and Electricity Markets - Ofgem.
Craneware starts year well, investors told
Investors in healthcare software and supporting services supplier Craneware were told on Wednesday that the company has experienced a “positive start” to trading in the first four months of the year, as they gathered for the annual general meeting.
GKN lining up China joint venture - report
Engineer GKN is close to setting up a joint venture with Chinese state aerospace manufacturer Comac, according to a report on Wednesday.
Duke Royalty enters advisory agreement with Partners Value Investments
Diversified royalty company Duke Royalty announced a new advisory agreement with Partners Value Investments on Wednesday.
Stadium Group warns on profits as transition progresses slowly
Design-led technology supplier Stadium Group updated the market on its trading in Wednesday, reporting that “significant progress” was continuing to be made in transitioning from a purely electronic assemblies business to a design-led technology business.
GlaxoSmithKline appoints Hal Barron as R&D boss, replacing Vallance
GlaxoSmithKline has appointed Hal Barron - currently president of research & development at Alphabet-funded Calico - as chief scientific officer and president of R&D, replacing Patrick Vallance.
Paul Haworth joins GetBusy as CFO
GetBusy announced on Wednesday that Paul Haworth has joined the company as chief financial officer, initially in a non-board position.
ReNeuron makes solid progress with hRPC trials
Cell-based therapeutics developer ReNeuron Group updated the market on Wednesday on its ongoing Phase I/II clinical trial of its hRPC cell therapy candidate for the blindness-causing disease retinitis pigmentosa.
Genedrive COO Allan Brown to leave
AIM-listed Genedrive has announced the departure of chief operating officer, Allan Brown, with immediate effect.
Rio Tinto eyeing £4bn stake in Chilean lithium producer - reports
Rio Tinto is said to be mulling the acquisition of a $5bn (£3. 8bn) stake in a Chilean lithium producer as demand for the metal surges due to its use in electric car batteries.
Snoozebox appoints administrators
Snoozebox has appointed administrators after discussions with its primary lender failed to bear fruit.
Ricardo orders rise on electric and hybrid vehicle projects
Ricardo has made a strong start to its financial year after an increase in orders connected with electric or hybrid vehicles.
Sky News future in doubt if Fox deal is blocked
Broadcaster Sky has said it would have to review the future of its Sky News operation if regulators were to block a proposed move for 21st Century Fox to purchase the 61% of the company it does not currently own.