Company News
EasyJet acquisition of Air Berlin assets approved by European Commission
UK budget airline easyJet cleared a major regulatory hurdle on Tuesday as its proposed acquisition of airport slots and aircraft from Air Berlin was approved by the European Commission.
GSK given green light for Churg-Strauss syndrome treatment
GlaxoSmithKline has been given approval by the US drug regulator for a first targeted treatment for eosinophilic granulomatosis with polyangiitis (EGPA), previously known as Churg-Strauss syndrome.
GlaxoSmithKline upbeat on 'promising' data from Dreamm-1 blood cancer study
GlaxoSmithKline has presented promising new data from the dose expansion phase of the Dreamm-1 study of GSK2857916, an anti-B-cell maturation antigen (BCMA) antibody-drug conjugate to treat blood cancer.
Petrofac awarded $800m contract by BP
FTSE 250 oilfield services group Petrofac has been awarded a lump-sum contract worth around $800m by BP for the Phase 2 central processing facility (CPF) at the Khazzan Phase 2 gas development in the Sultanate of Oman.
Plant Health Care upbeat about future of its Innatus 3G product
Novel patent-protected biological agriculture products provider Plant Health Care updated the market on its ‘new technology’ business on Tuesday, confirming a fifth major agricultural/seed company had now signed an agreement to evaluate its ‘Innatus 3G’ product.
K3 Business Tech trades in line as new clients sign on
Business software, cloud solutions and managed services provider K3 Business Technology updated the market on its trading for the 17 months to 30 November on Tuesday, as well as the results of its operational resource review.
Synectics to finish year in line with forecasts
Surveillance technology designer, integrator and manager Synectics updated the market on its trading for the year to 30 November on Tuesday, reporting that consolidated profits were anticipated to be in line with market expectations.
Centrica rallies as gas prices rise on Austrian plant explosion, Forties pipeline closure
British Gas owner Centrica was the standout gainer on the FTSE 100 on Tuesday as gas prices surged after an explosion at a natural gas facility near Austria's border with Slovakia and as Britain's Forties pipeline - which carries 40% of North Sea oil and gas - was closed for repair due to a crack.
Weatherly to acquire Kitumba copper project in Zambia
Weatherly has entered into a binding agreement to purchase 100% of the Kitumba copper project in Zambia from ASX-listed Intrepid Mines, it announced on Tuesday.
Wednesday preview: Fed hike and Trump tax speech expected; Dixons and Wood update
Retailer Dixons Carphone could offer early drama with an update after its summer profit warning, before attention move to UK labour market data and a later focus on the US as the Fed is a widely expected to hike interest rates and President Donald Trump to make a speech on his tax reforms.
Ambrian still facing cement sales difficulties
Ambrian updated the market on its cement production activities in Beira, Mozambique and on its current financial position on Tuesday.
Directors top-up working capital at The People's Operator
Ethics-focussed mobile virtual network operator, The People's Operator, confirmed it had received a total of £0. 25m from two of its directors to meet working capital requirements on Tuesday.
Atos jumps on proposed all-cash takeover offer for Gemalto
Atos has launched a "friendly" all-cash bid for Dutch cybersecurity specialist Gemalto with the backing of France's state investment bank, Bpifrance Financement SA, one of the takeover target's largest shareholders.
BHP Billiton moves closer to US shale sale or spin-off
BHP Billiton has hired external advisers to help prepare its sale or spin-off of it US shale oil unit, according to reports on Tuesday.
Belvoir boosted by Brook Financial acquisition
Belvoir Lettings, the UK's largest property franchise group, updated the market on the performance and assimilation of Brook Financial Services on Tuesday, following its recent acquisition by Belvoir in July.
Westfield shopping centres to be bought by France's Unibail-Rodamco
Shopping centre owner Westfield has accepted a US$24. 7bn (£18. 5bn) takeover offer from European rival Unibail-Rodamco as part of a wave of sector consolidation that saw UK rivals agree a similar merger last week.
OptiBiotix strikes manufacturing and supply deal with Cereal Ingredients
Life sciences business OptiBiotix Health has entered into a manufacturing and supply agreement with Cereal Ingredients, it announced on Tuesday.
Robert Walters sees full-year profit 'materially ahead' of market views
Robert Walters said on Tuesday that full-year profit is expected to be "materially ahead" of current market expectations.
Balfour Beatty's confidence increases on margins, debts
Balfour Beatty is "increasingly confident" of improving margins this year as it continues to win new business on better terms.
British Airways cancels hundreds of flights as cold snap hits
UK airline British Airways cancelled a new raft of flights on Tuesday at Heathrow in addition to hundreds of cancellations it has made since Sunday as ice and snow hit Britain.