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New distribution agreement sees Microsaic expand in key Asia-Pacific region
Microsaic Systems has signed a distribution agreement with CM Corporation (CM-C) for the exclusive distribution of the Microsaic 4500 MiD MS detector in South Korea.
Deutsche Bank downgrades Sage, sees slowdown in recurring revenue growth
Deutsche Bank downgraded its stance on shares of software group Sage to 'sell' from 'hold' on Friday as it pointed to a slowdown in recurring revenue growth.
Theresa May prepares to step down as Tory leader
UK Prime Minister Theresa May prepared on Friday to step down as Conservative leader as the Labour opposition held off a challenge from the Brexit Party in the Peterborough by-election.
ReAssure plans London flotation
ReAssure Group is planning an initial public offering in London to raise funds for further expansion of its closed life book business.
UK house prices up 0.5% in May despite Brexit concerns, says Halifax
Average UK house prices rose 0. 5% in May despite Brexit worries, according to the latest Halifax House Price Index survey.
US approves self administration for GlaxoSmithKline asthma drug
GlaxoSmithKline said on Friday that US regulators had approved two new methods for self-administering its Nucala asthma treatment.
Bundesbank cuts growth forecasts as industry lags
Germany's central bank has cut its forecast for growth in 2019 and 2020, blaming an industrial downturn in Europe's biggest economy.
Invesco sells 9.3% stake in AJ Bell
Invesco Asset Management has sold a 9. 3% stake in investment platform AJ Bell.
ThinkSmart shares boosted as ClearPay goes live in the UK
Software firm ThinkSmart saw its shares soar on Friday after it revealed that ClearPay was now live and processing transactions across the UK.
EU govts reportedly back second Brexit delay
Germany and most other EU governments will back another delay to Brexit regardless of who becomes the next UK prime minister, the Times reported on Friday, citing an unnamed source.
PHSC earnings boosted by disposal
Consultancy outfit PHSC saw revenues slip in its last trading year but still managed to carve out an improved set of earnings on the back of a property disposal.
Smiths Group appoints JehanZeb Noor as CEO of medical division
Smiths Group has appointed JehanZeb Noor as chief executive officer of its medical division.
London open: Stocks edge up on US-Mexico hopes; payrolls in focus
London stocks edged higher in early trade on Friday, taking their cue from a positive close on Wall Street amid rate cut hopes and optimism over trade talks between the US and Mexico, as investors eyed the release of the latest non-farm payrolls report.
AG Barr makes £1m investment in Elegantly Spirited
Irn-Bru and Rubicon maker A. G. Barr has made an initial £1m investment for a 20% stake in start-up business Elegantly Spirited, which owns zero-proof spirits brand STRYYK.
Ferrexpo sees 'material rise' in H1 earnings
Iron ore pellet producer Ferrexpo on Friday said group first half underlying earnings were expected to increase “materially”, due to higher prices and sales.
Games Workshop maintains profit growth
Games Workshop said sales and profit growth extended to the end of its financial year as the miniature wargame maker reiterated guidance for annual results.
London pre-open: Stocks to rise as investors eye non-farm payrolls
London stocks were set to rise at the open on Friday, taking their cue from a positive close on Wall Street amid rate cut hopes and optimism over trade talks between the US and Mexico, as investors eye the release of the latest non-farm payrolls report.
Friday newspaper round-up: Huawei, Ford, Renault-Fiat
China’s Huawei Technologies needs to raise its “shoddy” security standards which fall below rivals, a senior British cyber security official said on Thursday, as the company came under increasing pressure internationally. The US has led allegations that Huawei’s equipment can be used by Beijing for espionage operations, with Washington urging allies to bar the companyfrom 5G networks. – Guardian.
Ferrexpo sees H1 EBITDA 'materially' higher; Glaxo gets FDA approval for asthma treatment
London open The FTSE 100 was called to open 20 points higher at 7,279.