Full List Of Stories
Europe close: Markets firmly in the red as Suez lies wounded
European shares finished lower on Wednesday, as the utilities sector was hit by a profits warning at France's Suez.
Sector movers: LSE leads financial pack as software slumps with Sage
Financial services were the top moving sector on the London bourse on Wednesday, led higher by LSE after Morgan Stanley said in an earnings preview that it sees upside surprise as we head into FY17 results on 2 March.
Faron's Traumakine approved as investigational new drug
Clinical-stage biopharmaceutical company Faron Pharmaceuticals announced on Wednesday that the US Food and Drug Administration (FDA) has approved the investigational new drug (IND) application for ‘Traumakine’ - its wholly-owned product for the treatment of acute respiratory distress syndrome (ARDS), which is part of the regulatory process towards Biologics License Application (BLA) submission.
Surge in pulp prices cripples James Cropper
Advanced materials and paper products group James Cropper issued a trading update on Wednesday, as it faced further headwinds in the rising cost of pulp.
Simplified business leads to reduced loss for cloudBuy
Cloud-based e-commerce marketplace and business-to-business buyer and supplier solutions provider cloudBuy updated the market on trading on Wednesday, ahead of its full-year results expected on 16 March.
Markets help propel Time Out Group in 2017
Global media and entertainment business Time Out Group updated the market on trading for the 12 months to 31 December on Wednesday, reporting that revenue and adjusted EBITDA were anticipated to be in line with its expectations for the full year.
Asia report: Most markets higher as dollar continues decline
Most markets in Asia finished higher on Wednesday, as the dollar slipped against many of the region’s currencies, and as concerns around trade were heightened amid new Trump administration tariffs in the US.
Tri-Star puts an extra $2.8m into Oman Antimony Roaster project
Tri-Star Resources announced on Wednesday that it has invested a further $2. 8m (£2. 05m ) via additional mezzanine loan to Strategic & Precious Metals Processing (SPMP), to assist in further development of the Oman Antimony Roaster (OAR) project.
PPHE buys out partner at Hoxton hotel development site
Full-service upscale and lifestyle hotel company PPHE Hotel Group announced on Wednesday that one of its wholly-owned subsidiaries has exchanged contracts to buy from its joint venture partner its 50% interest in its joint venture company, Aspirations, for a consideration of £35m, subject to working capital adjustments to be made on completion.
ImmuPharma raises £10m following investor demans
Specialist drug discovery and development company ImmuPharma announced on Wednesday that, in response to institutional demand, it has completed a fundraise totalling £10m before expenses via a placing of 6,944,445 new ordinary shares at a price of 144p per share, with new and existing investors.
McCarthy & Stone 'resilient' amid ground rent uncertainty
Retirement housebuilder McCarthy & Stone reported a continuation of ‘resilient’ trading in an update on Wednesday, as investors gathered in London for the group’s annual general meeting.
Bodycote set to commission new 'mega' hot isostatic pressing unit
Heat treatment and specialist thermal processing services provider Bodycote announced on Wednesday that its hot isostatic pressing (HIP) location in Sint Niklaas, Belgium will take delivery of a new ‘Mega-HIP’ unit, which will be operational by the end of 2018.
Record annual silver production for Fresnillo
Mexico-based precious metals mining company Fresnillo reported record annual silver production in its fourth quarter production update on Wednesday, totalling 58. 7 moz including Silverstream.