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e-Therapeutics narrows interim losses as it eyes commercial viability
Half-year losses at e-Therapeutics have narrowed as the drug discovery and development firm continued to manage costs.
Elegant Hotels unaffected by recent changes to Barbados tax laws
Elegant Hotels has seen trading remain in line with market expectations since the release of its interim results in May despite fears that recently enacted changes to taxation laws in Barbados could have an adverse impact on its performance.
Amazon cuts benefits and bonuses after raising wages
Amazon is eliminating its monthly bonuses and stock awards for workers after the company announced it would increase its minimum wage to at least $15 an hour.
Copper demand from China to surge, BHP predicts
BHP Billiton has predicted China will account for around 7% of global demand for copper, after analysing the country’s international infrastructure spending plans.
Clear Leisure's request to block Mediapolis land sale rejected
Italian-focused investment firm Clear Leisure told investors on Thursday that a judge of in the town of Ivrea has ruled against the company's appeal to reject the auction of 497,884 square metres of land owned by Mediapolis.
Gooch & Housego stays on track with record order book
Optical systems and components manufacturer Gooch & Housego on Thursday reported a record order book after benefiting from “positive market conditions” in the industrial sector.
Nissan warns over hard Brexit impact on Sunderland plant
Carmaker Nissan on Thursday warned the UK government that a hard Brexit would cause serious disruption to its manufacturing operation in the north-east of England.
Cohort subsidiary wins EUR4.8m contract with Portuguese army
AIM-listed technology group Cohort said on Thursday that its subsidiary EID has been awarded a €4. 8m contract to provide communication equipment for the Portuguese army.
Ted Baker revenue rises despite 'challenging' conditions, but profit drops
Fashion retailer Ted Baker posted a rise in interim revenue on Thursday as it benefited from a solid performance from its online segment despite ongoing challenging trading conditions, but profit dropped.
Hot weather and weak demand hit DFS Furniture profits
DFS Furniture posted a near-50% plunge in full-year pre-tax profit on Thursday as the retailer was hit by the heatwave in the fourth quarter.
UK Sept new vehicle registrations crash by 20%
UK vehicle registrations fell by a massive 20. 5% in September, as new emissions testing requirements hit supply, according to figures released on Thursday by the Society of Motor Manufacturers and Traders (SMMT).
Europe open: Stocks drop as markets reassess Fed, Greek banks under spotlight
Stocks on the Continent have started the session lower weighed down by a very positive assessment of the US economy from the head of its central bank that triggered a big move higher in US bond yields overnight and pushed the euro sharply lower.
Redcentric cuts through net debt in first half of trading
British IT services provider Redcentric told investors on Thursday that trading had been in line with expectations throughout the first half of its trading year.
Audioboom earnings take a hit from aborted Triton transaction
Audioboom expects its full-year adjusted operating profits to be below market expectations despite some "significant" year-on-year revenue growth.
Electrocomponents plans Asia investment as profits surge
Electrocomponents, the electronics and industrial components distributor, said it intended to invest more in the Asia Pacific region to "drive faster longer-term growth" after a half year where group profits are expected to grow 27%.
BTG upgrades sales forecasts on back of strong oncology, vascular portfolio
Healthcare company BTG said it had delivered good first half sales growth, driven by the performance of its interventional medicine business as it upgraded its full year sales growth forecast in its oncology and vascular portfolio to 15-17%.
London open: Stocks drop on downbeat Asian cues; Ted Baker tanks
London stocks fell at the open on Thursday, taking their cue from a mostly downbeat Asian session, as ex-dividends took their toll and fashion retailer Ted Baker tanked on the back of its interim results.
CYBG-Virgin Money merger gets FCA and PRA green light
CYBG and Virgin Money will be able to complete their merger later this month after gaining approval from financial regulators.
London pre-open: Stocks to drop on Asian cues as US outperforms
London stocks were set to drop at the open on Thursday, taking their cue from a negative session in Asia, as US markets continue to outperform.
EasyJet September traffic rises but load factor dips
Budget airline EasyJet posted a 14. 2% rise in passenger numbers for September on Thursday, but the load factor ticked lower.