Full List Of Stories
London close: Markets finish weaker as BoE expands bond-buying
London stocks clawed back some earlier losses during the afternoon on Thursday, but still closed weaker as the Bank of England expanded its bond-buying programme.
Hutchison Chi-Med gets FDA fast track approval for fruquintinib
Hutchison China MediTech, trading as ‘Chi-Med’, announced on Thursday that the US Food and Drug Administration (FDA) has granted ‘fast track designation’ for the development of ‘fruquintinib’.
Duke Royalty puts another £2.3m into Welltel Ireland
Alternative capital provider Duke Royalty announced a follow-on investment of £2. 3m into its existing royalty partner, the Dublin-headquartered telecoms, IT and network specialist Welltel Ireland, on Thursday.
Reabold upbeat on work programme at Parta area
Upstream oil and gas investment company Reabold Resources updated the market ahead of the start of well test operations at the Iecea Mica-1 (IMIC-1) well in Romania on Thursday, as part of the 2020 work programme.
Jubilee Metals secures rights to copper tailings in Zambia
Jubilee Metals Group has secured the rights to around 150 million tonnes of copper-containing surface tailings, targeted to be upgraded at site and refined at its Sable Refinery in Zambia, it announced on Thursday.
Empire progressing with Munni Munni acquisition as drilling begins
Exploration and development company Empire Metals updated the market on the proposed acquisition of a 58. 6% interest in Munni Munni - a subsidiary of ASX-listed Artemis Resources, and the beneficial owner of a 70% interest in the Munni Munni Palladium Project in Western Australia's West Pilbara - on Thursday.
Corero secures five new orders worth $1.5m
Corero Network Security announced five new headline customer wins for its ‘SmartWall’ distributed denial-of-service (DDoS) protection products in the last two months on Thursday, including two new contract wins through its partner Juniper, totaling more than $1. 5m (£1. 2m) over the course of the contracts.
Panther Metals upbeat on review of Marrakai Gold Project
Canada and Australia-focussed mineral exploration company Panther Metals confirmed the completion of its open-file desktop review of its wholly-owned Marrakai Gold Project in Australia’s Northern Territory on Thursday.
Avacta reports promising findings on potential Covid therapy
Avacta Group announced on Thursday that collaborative work with the Centre for Virus Research at the University of Glasgow has shown that its ‘Affimer’ reagents, which bind to the SARS-COV-2 (Covid-19) virus spike protein, prevent infection of human cells by a SARS-COV-2 model virus, and therefore provide a potential therapy for Covid-19 infection.
Cora Gold signs term sheet to fund Sanankoro project
West Africa-focussed Cora Gold has signed a $21m (£16. 82m) mandate and term sheet with investment firm Lionhead Capital Advisors, to fund the future development of its flagship Sanankoro Gold Project in southern Mali, it announced on Thursday.
Asia report: Most markets fall on Covid spread, economic gloom
Most markets in Asia finished weaker on Thursday, as investors digested a fresh economic warning from the Asian Development Bank, and watched a concerning rise in the number of Covid-19 cases in the United States.
National Express to restart some coach services from 1 July
National Express will restart services on its network of coach routes at a reduced frequency on 1 July, it announced on Thursday, with “significant” new measures in place to allow customers to travel in confidence.
Michalis Imellos to step down as Coca-Cola HBC finance chief
Coca-Cola HBC announced on Thursday that its chief financial officer Michalis Imellos has informed the board of his intention to step down from the role at the end of the first quarter of 2021.
Tesco sells Poland business, National Grid to take £400m Covid hit
London open The FTSE 100 is expected to open 35 points lower on Thursday, having closed up 0. 17% at 6,253. 25 on Wednesday.
US close: Stocks mostly lower as Dow snaps three-day streak
Wall Street stocks finished mostly lower on Wednesday, with the Dow managing to snap a three-day winning streak by the closing bell.