Company News
Roche's 'MabThera' gets European approval
Roche announced on Friday that the European Commission has approved ‘MabThera’ (rituximab) for the treatment of adults with moderate-to-severe pemphigus vulgaris (PV).
Proton Power Systems to work with Skoda Electric on fuel cell buses
Proton Power Systems has signed a letter of intent with Skoda Electric in the Czech Republic, it announced on Friday, with the objective of entering into a cooperation to develop, sell and service fuel cell electric buses using Proton's modular ‘HyRange’ systems.
Investec on track for demerger amid 'challenging' operating environment
Investec updated shareholders on developments for the financial year ending 31 March on Friday, reporting that the operating environment remained “challenging” over the period.
SThree Q1 profit rises as international strength offsets UK weakness
First-quarter profit at recruiter SThree rose as strength in the international divisions offset a weaker UK performance.
Oxford Metrics inks virtual reality partnership deal
Oxford Metrics on Friday announced that its subsidiary Vicon has agreed a strategic partnership with Sandbox VR which will target the "fast-growing" Location-based Virtual Reality ('LBVR') market.
PageGroup CEO taking leave of absence after skiing accident
Recruiter PageGroup said on Friday that chief executive Steve Ingham will take a leave of absence for "a number of weeks" after a skiing accident left him with a severe back injury.
LightwaveRF shares light up on E.ON deal for Berkeley Homes
LightwaveRF's shares climbed on Friday after the company signed a supply agreement with international energy company E. ON and housebuilder Berkeley Group for the latest range of 'smart home' series lighting and power devices.
Restaurant Group profits dip but beat expectations
Restaurant Group shares surged on Friday as its full-year pre-tax profit came in ahead of expectations despite an 8% drop, and the company reported an uptick in total sales.
Wetherspoon's profits leak lower as labour costs mount
Profits at JD Wetherspoon fell 18. 9% in the first half of its trading year as a big jump in labour costs outweighed an increase in sales for the pro-Brexit pub chain.
National Grid wants Ofgem to retain incentive-based regulation
National Grid confirmed on Friday that it had submitted its response to Ofgem on the sector specific methodology consultation for ‘RIIO-T2’.
Berkeley says housing market remains stable
House-builder Berkeley said the trading environment over the four months to end-February had remained "consistent with that experienced over the last two years".