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Asia report: Markets finish higher on fresh vaccine hopes
Markets in Asia closed green across the board on Thursday, as investors reacted to positive reports from Covid-19 vaccine trials being conducted by Pfizer and BioNTech.
DS Smith annual profit rises on e-commerce demand; revenue dips
Packaging company DS Smith reported a 5% increase in full-year profit on Thursday as strong e-commerce demand offset weaker demand from industrial customers, but revenue dipped amid weak paper pricing in Europe and North America.
Gamma Communications acquires 'strategically important' stake in HFO
Communications services business Gamma Communications has acquired a "strategically important" stake in German outfit HFO.
Omega Diagnostics' ELISA antibody test gets approval in India
Medical diagnostics company Omega revealed on Thursday that its CE-Marked Mologic ELISA antibody test had been approved for Covid-19 testing in India.
OnTheMarket secures 500 more estate agent branches
Nearly 500 estate agent branches have signed up to OnTheMarket, the property portal said on Thursday, as leads continued to grow following the easing of lockdown rules.
Lekoil agrees prepayment facility with Shell subsidiary
Nigeria and West Africa-focussed oil and gas exploration and production company Lekoil announced on Thursday that Lekoil Oil and Gas Investments (LOGL), in which it has a 90% economic interest, has executed a prepayment facility agreement with Shell Western Supply and Trading (SWST) - a member of the Royal Dutch Shell group of companies.
VR Education rolls flagship platform out to Android devices
Education and training-focussed virtual reality (VR) technology company VR Education announced the launch of ‘Engage Mobile’ on Thursday, which it described as an Android phone and tablet-supported version of its proprietary VR communications, events and training platform.
US House moves to sanction Chinese banks over new HK security law
Lawmakers in the US moved a step closer to retaliating against Beijing's decision to change Hong Kong's security laws to clamp down on dissent.
Some on FOMC think US economy will need help 'for some time', minutes show
Policymakers at the US central bank, the Federal Reserve, believe that the economy may require government support for some time and are not yet convinced of the cost-benefit trade-off of using so-called yield curve control measures.
Wizz Air passenger numbers showing signs of recovery
Wizz Air’s fortunes looked to be starting to turn around on Thursday, as the low-cost airline reported an improvement to the Covid-19 related fall in passenger numbers seen in recent months.
Appreciate Group sees trading 'gradually' improve
Multi-retailer redemption product provider Appreciate Group said on Thursday that it has seen trading "gradually improve" in its new financial year, with total billings starting to recover.
Primark sees profit slump as Covid-19 lockdowns hit sales
Associated British Foods said it expected a two-third slump in annual profits at its Primark unit as it felt the impact of closures during the coronavirus pandemic.
Meggitt profits impacted by Covid-19 travel restrictions
Engineering company Meggitt warned on Thursday that first-half profits were set to fall due to impacts stemming from coronavirus-related travel restrictions.
London open: Stocks rise on Covid vaccines hopes, ahead of payrolls
London stocks rose in early trade on Thursday amid hopes of a potential coronavirus vaccine, as investors eyed the release of the latest US non-farm payrolls report.
Oxford Covid-19 vaccine reportedly triggers 'correct' immune response
Oxford University's Covid-19 vaccine candidate has successfully induced the correct type of immune response in clinical trials.
Mitchells & Butlers swings to loss on Covid lockdown closures
Pub group Mitchells & Butlers swung a to a first-half pre-tax loss as the coronavirus pandemic hurt revenue.
LXi REIT says 84% of June to September rent collected
LXi REIT said on Thursday that so far it has received 84% of its rent for the June to September quarter.
Ryanair traffic slides 97% in June
Ryanair passenger numbers tumbled in June as the coronavirus pandemic continued to take its toll on the airline industry.
Avon Rubber sells Milkrite business to DeLaval
Avon Rubber has signed an agreement to sell its ‘Milkrite InterPuls’ business to DeLaval Holding, it announced on Thursday, for a cash consideration of £180m on a cash and debt free basis.
LondonMetric to raise dividend after 'strong' rent collection
LondonMetric Property said on Thursday that 95% of advance rental payments due up to 24 June had been collected, or was being collected monthly.