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Citi reiterates 'buy' on AstraZeneca on the back of trial results for Enhertu against breast cancer
Analysts at Citi reiterated their 'buy' recommendation for shares of AstraZeneca following the release of the results of the DESTINY-Breast 04 clinical trial using its Enhertu treatment against metastatic breast cancer.
Learning Technologies acquisition of GP Strategies 'ahead of plan'
Learning Technologies said in an update on Wednesday that the acquisition of GP Strategies was still progressing ahead of plan.
Frasers Group ups stake in Hugo Boss
Retailer Fraser Group said on Wednesday that it had recently increased its investment in fashion designer Hugo Boss.
Savannah starts gas sales to Trans Amadi plant in Nigeria
Savannah Energy announced on Wednesday that its 80%-owned subsidiary Accugas has started gas sales to First Independent Power Limited's (FIPL) Trans Amadi power plant in Port-Harcourt, Nigeria.
IQE signs multi-year supply deal with Lumentum
Semiconductor wafer and advanced materials supplier IQE announced the signing of a multi-year deal with Lumentum on Wednesday.
Supply constraints underpin margins at Vertu Motors
Vertu Motors said in an update on Wednesday that constrained supply of new vehicles in the UK was continuing, due to “dislocation” in global supply chains and the impact on vehicle production.
Anglo American reports solid diamond sales cycle at De Beers
Anglo American reported provisional rough diamond sales at De Beers of $650m (£533. 13m) in its fifth cycle on Wednesday, up from $604m in cycle four of this year, and $477m in the same cycle of 2021.
Micro Focus underlying earnings fall in H1
Software and information technology business Micro Focus posted a drop in first-half underlying earnings on Wednesday as revenues slipped on the back of an unstable macro-economic environment.
UK inflation hits fresh 40-year high in May
UK inflation rose to a fresh 40-year high in May as energy and food prices continued to surge, according to figures released on Wednesday by the Office for National Statistics.
London open: Stocks slump as inflation hits fresh 40-year high
London stocks slumped in early trade on Wednesday after data showed that UK inflation hit a fresh 40-year high in May as energy and food prices continued to surge.
Berkeley Group FY profits grow, JD Sports more than doubles annual profits
London pre-open The FTSE 100 was being called to open 80. 9 points lower ahead of the bell on Wednesday after closing 0. 42% higher in the previous session at 7,152. 05.
London pre-open: Stocks seen lower as inflation hits fresh 40-year high
London stocks were set to slump at the open on Wednesday as investors digest the latest UK inflation data.