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Silence Therapeutics gets $2m milestone payment from Mallinckrodt
Silence Therapeutics has achieved another research milestone as part of its ongoing RNAi collaboration with Mallinckrodt for complement-mediated diseases, it announced on Wednesday, triggering a further $2m payment.
Berenberg raises target price on IMI
Analyst at Berenberg raised their target price on flow control specialist IMI from 995. 0p to 1,485. 0p, stating the group was "quick off the mark".
Carlsberg raises toast to strong Asian sales
Carlsberg upped its full-year outlook on Wednesday, after strong demand in China helped mitigate the hit from lockdown restrictions elsewhere in the world.
GSK sticks to guidance after crisis hits profit and revenue
GlaxoSmithKline stuck to its annual guidance after the Covid-19 crisis caused profit and revenue to fall in the first quarter of 2021.
UK government announces 'self-driving' cars could be allowed on motorways in 2021
Self-driving cars could be seen on British motorways later in 2021 announced the UK government on Wednesday.
Shares spark as Deutsche sees quarterly profits jump
Shares in Deutsche Bank rallied on Wednesday, after the German lender posted its highest quarterly profits for seven years.
London midday: Stocks off lows ahead of Fed, US President's stimulus speech
Stocks are extending their gains even as investors wait on the Federal Reserve's policy decision.
US pre-open: Futures mixed ahead of earnings, Fed decision
Wall Street futures were mixed ahead of the bell on Wednesday following earnings from some big-name tech firms overnight and ahead of the latest Federal Reserve policy announcement.
Europe midday: Shares sluggish ahead of Fed announcement
European stocks were sluggish at midday on Wednesday as investors eyed news from the US Federal Reserve later in the day, with strong results from Deutsche Bank, Lloyds Banking Group and Santander boosting local markets.
Warpaint London flags better trading after annual loss
Warpaint London swung to an annual loss as revenue fell sharply during the Covid-19 crisis but the makeup company said trading had improved.
Santander sees earnings surge, shakes up European management
Spanish lender Santander has announced a shake-up of its senior management team, as it posted a surge in first-quarter profits.
Trakm8 FY revenues 'materially impacted' by Covid-19 lockdowns
Telematics and data insight firm Trakm8 said on Wednesday that revenues for the full year ended 31 March were in line with previous guidance, with Covid-19 "materially impacted" trading throughout the last quarter.
Saudi Arabia in talks to sell 1% of Aramco to 'leading global energy firm'
Saudi Arabia is in discussions to sell 1% of state-backed oil giant Saudi Aramco to a “leading global energy company,” the kingdom’s crown prince, Mohammed bin Salman, said on a Saudi-owned news channel this week.
Samsung heirs to pay record inheritance tax
The family of Samsung Electronics chairman Lee Kun-hee will pay a record amount of inheritance tax of over $10. 78bn.
Alphabet profits rocket on lockdown boom
Google-owner Alphabet has reported a surge in quarterly profits, after the Covid-19 pandemic powered demand for online services.
John Laing hails premium realisation values, investment commitments 'strong'
John Laing Group expressed confidence in the outlook as governments around the world prepared to rebuild their economies stronger and better after the pandemic and reiterated its target for full-year underlying net asset value growth.
Nichols makes 'solid start' to the year
Soft drinks group Nichols said on Wednesday that "strong growth" achieved by the Vimto brand in the UK and a "solid start to the year" for its international business had largely offset "significant declines" in the UK out-of-home route to market.
Stagecoach founders sell 11m shares in plan to cut stake
Stagecoach's founders have sold more than 11 million shares in the bus company as part of a plan to drastically reduce their stake over the next decade.
Dixons Carphone to repay furlough money as online sales soar
British retailer Dixons Carphone said it was repaying £73m in government furlough money after online sales of electrical goods more than doubled in the year to April 25 offsetting the impact of store closures during the Covid lockdowns.
Asia report: Markets mostly higher, Japan retail sales beat forecasts
Stock markets in Asia closed mostly higher on Wednesday, as investors spent much of the day poring through economic data out of Japan and Australia and reacted to some decent big tech earnings stateside.