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ValiRx awarded US patent for endometriosis treatment
Clinical stage biotechnology company ValiRx has been granted a US Patent for VAL301, its therapeutic compound for the treatment of endometriosis.
British Land makes 'active start' to year, though retail still a struggle
Investors in British Land heard how the company made an “active start” to the year on Monday, with the board saying that along with its joint venture partner, it completed on the sale of 5 Broadgate for £1bn, in line with book value.
Image Scan to acquire Todd Research
X-ray imaging specialist Image Scan has entered into a conditional agreement to acquire British developer and manufacturer of X-ray systems for security purposes, Todd Research, from Supply 999 for £3. 25m.
Europe open: Stocks slip as investors eye Powell testimony
European stocks slipped in early trade on Tuesday following uninspiring US and Asian sessions, as investors eyed a speech by Federal Reserve chairman Jerome Powell later in the day.
London open: Stocks steady as investors eye jobs data; housebuilders rally
London stocks were steady at the open on Tuesday as investors eyed a slew of key jobs data, but housebuilders racked up healthy gains following a well-received update from Galliford Try.
More air passengers boost SSP trading in third quarter
SSP said it had a good third quarter and was upbeat about its outlook as the operator of airport and rail station food outlets benefited from increased air travel.
Dairy Crest Q1 trading in line, maintains full-year guidance
Dairy Crest maintained its outlook for the year on Tuesday as it said trading in the first quarter has been in line with its expectations.
New data regulation affecting Royal Mail postal volumes, Galliford Try expecting 'strong' full-year results
London open The FTSE 100 is expected to open 10 points higher on Tuesday, having closed down 0. 8% at 7,600. 45 on Monday.
Fintech firm Revolut reports suspected money laundering to UK authorities
Revolut, the UK’s fastest-growing financial technology company, has reported a spate of suspected money laundering to the UK authorities, the Financial Times reported.
London pre-open: Stocks seen muted ahead of jobs data
London stocks were set for a muted open on Tuesday, steadying after the previous session's losses as investors eye a slew of key jobs data.
Tuesday newspaper round-up: Netflix, equality, Brexit, investment platforms
Netflix, the streaming giant behind hits like The Crown and Stranger Things, missed its own forecasts by more than a million subscribers, sending its shares down sharply. The company second-quarter results, announced on Monday, spooked investors and suggested the company’s explosive subscriber growth may now be slowing. Netflix shares fell 14% to $346. 05 in after-hours trading in New York. For the second quarter, Netflix reported a profit of $384. 3m, or 85 cents a share, up from $65.
US close: Markets mixed as Trump bizarrely defends Russia
Stocks on Wall Street finished mixed on Monday as investors digested earnings from Bank of America and BlackRock, and reacted to a bizarre summit between Donald Trump and Russia's Vladimir Putin, in which the former blamed his own country for rigging the 2016 election which led to his presidency.