Latest News
OptiBiotix launches 'WellBiome' prebiotic ingredient
OptiBiotix Health announced the launch of its ‘WellBiome’ product on Monday, which it described as a proprietary blend of prebiotic functional fibres, functional dietary fibres and minerals, optimised for health and wellbeing by promoting the diversity of the gut microbiome.
Oilex makes progress with Bhandut sale
Oilex announced on Monday that the sale of its 40% participating interest in the Bhandut production sharing contract (PSC) has “substantially” progressed.
K3 raises £30.5m to buy Randd and other targets
K3 Capital said it had raised £30. 5m to fund the purchase of Randd, an arranger of research and development tax credits for businesses, for up to £16. 8m and further acquisitions.
Monday broker round-up
Balfour Beatty: Jefferies downgrades to hold with a target price of 260. 0p.
Europe midday: Slight gains for stocks as German Covid-19 infections drop
Share are rising across the Continent with investors apparently cheered by some positive news on the pandemic front.
Boeing jumps as FAA clears 737 Max to resume flight testing
The Federation Aviation Administration cleared the Boeing 737 Max for test flights one year after its grounding.
Single course of Covid-19 treatment to cost $2,340 per patient - Gilead
Gilead Sciences has announced it will charge developed countries $390 a vial for remdesivir, its antiviral drug currently being investigated for use in Covid-19 patients.
US pre-open: Dow futures higher despite flurry of negative Covid-19 headlines
Wall Street futures were pointing to a somewhat mixed open on Monday amid spiking coronavirus cases in certain US states over the weekend.
Two-thirds of small firms face late payments during Covid crisis - FSB
Nearly two-thirds of small businesses have been hit by late or frozen payments during the coronavirus pandemic, the Federation of Small Businesses (FSB) said on Monday.
Coty to splash out $200m on stake in Kim Kardashian beauty business
US cosmetics group Coty is to take a 20% stake in Kim Kardashian West’s beauty empire after striking a $200m deal with the reality television star.
Catalyst Media's SIS acquires stake in virtual horse racing operator
Sports marketing firm Catalyst Media's portfolio business Sports Information Services acquired a 20. 54% interest in virtual horse racing operator 49's on Monday.
EU to publish list of Covid-safe nations on Tuesday
The European Union will have a list of Covid-safe countries for travel purposes ready by Tuesday at the latest, Spanish Foreign Minister, Arancha Gonzalez Laya, said on Monday.
UK mortgage approvals collapse - Bank of England
Mortgage approvals tumbled to a fresh low in May, figures from the Bank of England showed on Monday, as the Covid-19 pandemic continued to weigh heavily on the UK property sector.
Mountfield hit hard by Covid-19, delays FY results
Flooring and construction company Mountfield delayed publication of its full-year results on Monday after having been hit hard by the Covid-19 pandemic.
Costain walks away from National Grid contract
Infrastructure solutions group Costain said on Monday that both it and National Grid had mutually agreed to terminate a contract between the pair.
Hunting cuts workforce by a quarter
Energy services group Hunting cut its workforce by 25% on Monday as a result of lower oil prices due to the Covid-19 pandemic.
Maestrano subsidiary secures grant under Innovate UK project
Data management firm Maestrano has been awarded a £50,000 grant under the Innovate UK "Business-led innovation in response to global disruption" competition.
UN rights chief asks Israel to stop ‘illegal’ annexation of the West Bank
The United Nations' top human rights official Michelle Bachelet asked Israel on Monday to put a stop to its “illegal” plan to annex part of the Palestinian occupied territory in the West Bank.
London midday: Stocks edge up despite Covid-19 concerns
London stocks had edged a little higher by midday on Monday despite growing concerns about rising coronavirus infections in the US.
Stanley Gibbons sees 'volatile but defined improvement' to trading
Stamp dealer and philatelic publisher Stanley Gibbons said on Monday that it has seen "some volatile but defined improvement" in trading of late.