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Senior’s Flexonics business secures $8m contract with Bruce Power
Engineering solutions provider Senior said on Monday that its Flexonics business has been awarded an additional contract from Bruce Power as a key supplier for their Major Component Replacement (MCR) project.
S4 Capital hikes guidance again amid strong first half
Advertising and marketing services company S4 Capital reported a “very busy” year in 2020 on Monday, both organically and through mergers, with that cadence maintained in the first quarter and into the second quarter of 2021, as its raised its growth guidance to 35% from a previously-increased 30%.
Tungsten secures contract with mystery HR software firm
Software firm Tungsten said on Monday that it had secured a contract with an unnamed "global human resources software leader" to support its new e-invoicing initiative in both Europe and the US.
German factory orders unexpectedly fall in April
German factory orders unexpectedly fell in April as domestic demand dropped, according to figures released on Monday by Destatis.
NetScientific subsidiary strikes exclusive licensing deal with AstraZeneca
Life sciences investment company NetScientific announced on Monday that its subsidiary ProAxsis has entered into an exclusive licensing agreement with AstraZeneca.
UK house prices hit fresh record high
UK house prices reached another record high in May, according to Halifax, with the property market remaining "buoyant" headed into the summer.
London open: Stocks nudge up as housebuilders rally
London equity markets nudged higher in early trade on Monday, with strength in the housebuilding sector helping to offset weakness in mining stocks after disappointing Chinese data.
Sirius Real Estate delivers 'strong' results despite 'challenging' backdrop
Property giant Sirius Real Estate delivered "a set of strong results" despite the "challenging backdrop" of the Covid-19 pandemic.
Europe open: Shares muted after weak China data, IWG profits warning
European shares were slightly lower at the opening on Monday as weaker-than-expected China trade data and a profits warning from workspace provider IWG dampened sentiment.
Clipper Logistics lifts expectations, acquires life sciences platform Wippet
Clipper Logistics upgraded its medium-term expectations on Monday, following a solid year of trading, as it also announced the acquisition of life sciences-focussed Wippet and an extension of its Europe contract with Asos.
New data confirms AstraZeneca's confidence in Calquence
AstraZeneca said on Monday that final results from the head-to-head ‘ELEVATE-RR’ phase 3 trial of ‘Calquence’, or acalabrutinib, demonstrated non-inferior progression-free survival (PFS) and statistically significantly fewer events of atrial fibrillation versus ibrutinib in adults with previously-treated chronic lymphocytic leukaemia (CLL), the most common type of leukaemia in adults.
IP Group portfolio co Iksuda raises £42m to develop cancer drug
Intellectual property business developer IP Group said its portfolio company Iksuda Therapeutics had completed a $42m (£29m) financing round to fund human clinical trials of its lead cancer drug.
Reckitt to sell China baby formula business, IWG warns on 2021 earnings
London open The FTSE 100 is expected to open eight points higher on Monday, having closed up 0. 66% on Friday at 7,069. 04.
Reckitt Benckiser sells China baby formula unit for $2.2bn
UK consumer goods group Reckitt Benckiser said it was selling its baby formula business in China to the private equity firm Primavera for $2. 2bn and would incur a £2. 5bn net loss on the deal.
London pre-open: Stocks seen muted after China trade data
London stocks were set for a muted open on Monday after the release of disappointing Chinese trade data.
Monday newspaper round-up: Amazon, retailers, Reckitt Benckiser
Experts have raised concerns that Amazon may escape paying significantly more tax in some of its biggest markets unless world leaders close a large loophole in a historic global deal. Finance ministers in London from the G7 group of wealthy nations, including representatives of the UK, US and EU, on Saturday agreed the landmark deal aimed at making the biggest companies such as Apple, Microsoft, Google and Facebook pay more tax. - Guardian.