News And Announcements
Oxford Biomedica swings to profit on Covid-19 vaccine sales
Covid-19 vaccine producer Oxford Biomedica swung to a profit in the half year on the back of a surge in revenues through its partnership deal with AstraZeneca and announced that Serum Institute of India has agreed to invest £50m in the group in return for a 3. 9% stake in the company.
Carnival's Princess and P&O brands extend pause in Australia to mid-January
Cruise operator Carnival said on Wednesday that both its Princess and P&O brands had paused vacations in Australia until mid-January 2022.
Saga posts small H1 pre-tax profit, withholds FY guidance amid continued pandemic uncertainty
Over 50s specialist Saga posted a small interim pre-tax profit on Wednesday but opted to issue no guidance as a result of the ongoing Covid-19 pandemic.
Netflix snaps up works of Roald Dahl
Netflix has secured the rights to the work of children’s favourite Roald Dahl, author of Charlie and the Chocolate Factory, Matilda and the Big Friendly Giant.
Clinigen to distribute 'Copiktra' in most of Europe
Pharmaceutical products and services provider Clinigen has signed an exclusive agreement with Secura Bio for the supply and distribution of ‘Copiktra’ in most of Europe, it announced on Wednesday.
Plant Health Care to launch 'Saori' with Brazil partner
Biological agriculture products company Plant Health Care announced a “key milestone” on Wednesday, through a new partnership with Nutrien Ag Solutions to launch its novel ‘Saori’ soybean seed treatment in Brazil.
Alba makes progress at Clogau-St David's
Alba Mineral Resources updated the market on progress of its development plans at the Clogau-St David's Gold Mine on Wednesday, for the extension of underground workings to key production targets Llechfraith Payshoot and Jack Williams, New Branch, 7-10 and Grandfathers Lodes.
Alien Metals pleased with maiden resource at Hancock
Minerals exploration and development company Alien Metals updated the market on its Hancock Iron Ore Project in the Pilbara region of Western Australia on Wednesday, specifically the publication of a maiden inferred resource of more than 10 million tonnes.
Pret A Manger to double in size after securing £100m
Pret a Manger plans to double in size after securing £100m in fresh funding, the sandwich chain said on Wednesday.
LSE to wind down derivatives exchange CurveGlobal Markets
The London Stock Exchange has announced plans to shut down its loss-making derivatives exchange, CurveGlobal Markets, just five years after the platform was launched.
Ifo Institute cuts German growth forecasts
The ifo Institute has slashed its economic growth forecasts for Germany after a hoped-for summer recovery failed to emerge.
Helios Underwriting acquires Lloyd's vehicle North Breache
Helios Underwriting announced on Wednesday that, in line with its strategy of increasing underwriting capacity through acquisition, it has acquired North Breache Underwriting, a limited liability member of Lloyd's of London.
Arc Minerals surges on latest drilling in Zambia
Arc Minerals confirmed on Wednesday that the diamond drilling programme on its majority-controlled licences in north-western Zambia had intersected massive sulphide copper mineralisation at Cheyeza East.
President Energy progresses in Argentina, faces delays in Louisiana
President Energy announced a drilling and workover update on a number of its assets on Wednesday, reporting that at the Puesto Guardian concession in Argentina’s Salta province, it has signed a drilling services contract for three firm wells to be drilled before the end of the year.
Advance Energy makes progress with Buffalo-10 well
Energy investment company Advance Energy updated the market on the Buffalo project offshore Timor-Leste on Wednesday, ahead of the drilling of the Buffalo-10 well.
Ten Entertainment scores post-lockdown as sales surge
Ten Entertainment hailed an historic summer on Wednesday, after lockdown restrictions eased and sales surged.
Quantum Blockchain losses widen as it pursues crypto strategy
Quantum Blockchain Technologies reported revenue from continuing operations of €6,000 in its interim results on Wednesday, down from €32,000 year-on-year, as its operating loss widened to €0. 71m from €0. 23m.
PZ Cussons Q1 revenues fall on lower hygiene sales; FY profits rise
Soap maker PZ Cussons posted higher full-year profits as sales of hygiene products soared, but said first quarter sales had fallen against tough comparators during the height of the Covid pandemic.
Strix reports 'significant' increase in first-half revenues
Kettle safety and water filtration technology company Strix reported revenue of £54. 7m in its first half on Wednesday, making for a “significant” increase of 57. 6% over 2020, and of 24. 6% over 2019.
Urban Logistics makes several acquisitions following fundraise
Urban Logistics updated the market on its recent acquisitions on Wednesday, reporting that since its July equity raise of £109m, it has deployed, or committed to deploy, £88m of it on 771,748 square feet of logistics units in six “off-market” transactions.