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☆ GSK's blood cancer drug fails main goal of trial, shares fall
▼ + stars: | 2022-11-07 | by ( Pushkala Aripaka | ) www.reuters.com time to read: +2 min

SummarySummary Companies Data calls into question existing drug approval -analystsGSK in talks with health authorities, other trials continuingShares fall 3%Nov 7 (Reuters) - GSK's (GSK.L) blood cancer drug Blenrep failed the main goal of a late-stage study designed to show it was better than an existing treatment on the market, the company said on Monday. In April, the company agreed to buy U.S. drug developer Sierra Oncology, gaining access to its main experimental drug for a rare blood cancer and complementing GSK's Blenrep. In the trial, Blenrep was compared with a combination of pomalidomide and low doses of the steroid dexamethasone. Pomalidomide was developed by Celgene, now part of Bristol-Myers Squibb , and was approved in 2013 as a treatment for multiple myeloma. The drug belongs to a promising category of treatments called antibody drug conjugates, which are engineered antibodies that bind to tumour cells and then release cell-killing chemicals.

☆ UK new car sales up by nearly a quarter in October - SMMT
▼ + stars: | 2022-11-04 | by ( ) www.reuters.com time to read: 1 min

[1/2] New cars are pictured at a car dealership, as Britain's car industry body releases monthly new car sales figures, in Cheshire, Britain October 5, 2020 REUTERS/Jason CairnduffNov 4 (Reuters) - British new car registrations rose for the third consecutive month in October, up by around a quarter, according to preliminary industry data released on Friday. The Society of Motor Manufacturers and Traders (SMMT) said it expects a market recovery in 2023. The SMMT will provide the final figures for the month at 0900 GMT. Reporting by Amna Karimi in Bengaluru; Editing by Maju SamuelOur Standards: The Thomson Reuters Trust Principles.

☆ UK's Made.com terminates talks with interested parties for potential sale
▼ + stars: | 2022-10-25 | by ( ) www.reuters.com time to read: 1 min

Oct 25 (Reuters) - British online furniture retailer Made.com Group (MADE.L) said on Tuesday talks with a number of interested parties for a potential sale of the company have been terminated after they were unable to meet the timetable. The company added it is no longer in receipt of funding proposals or any possible offers for a potential sale. "The company may determine that it is appropriate to request a suspension of listing of the company's ordinary shares on the London Stock Exchange's Main Market for listed securities," Made.com said in a statement. Reporting by Amna Karimi in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.

☆ Robert Walters posts higher profit on strong hiring trends
▼ + stars: | 2022-10-11 | by ( ) www.reuters.com time to read: +1 min

Oct 11 (Reuters) - British recruitment firm Robert Walters (RWA.L) on Tuesday reported a 22% jump in its third-quarter gross profit, as hiring stayed robust amid intense competition to fill up vacancies. Register now for FREE unlimited access to Reuters.com RegisterThe company's gross profit rose to 112 million pounds ($123.5 million) for the quarter ended Sept. 30, compared with 91.8 million pounds a year earlier. Its quarterly gross profit for UK, however, fell 6%, owing to more challenging market conditions across technology recruitment and resource solutions. Peers PageGroup (PAGE.L) and Hays (HAYS.L), which have also seen a combination of talent shortages and wage hike leading to sharp increase in their net fees, are expected to report their quarterly results this week. Robert Walters, which forecast its annual profit to be in line with current market expectations, also named Leslie Van de Walle as non-executive chair.

☆ British pub group Mitchells & Butlers warns on costs, shares drop
▼ + stars: | 2022-09-29 | by ( ) www.reuters.com time to read: +2 min

SummarySummary Companies Q4 LfL sales up 1.5% vs 2019Flags higher energy and utility costsShares down ~7%Sept 29 (Reuters) - Mitchells & Butlers (MAB.L) warned of tighter margins in its new financial year as costs rise, driving shares in the British pub operator to two-year lows. Energy and utility costs have risen to roughly 150 million pounds ($161.6 million) in the year ending September 2022, from 80 million pounds in the 2019 period, and could rise further next year, it said in a statement on Thursday. Shares in the company, which have nearly halved in value this year, fell nearly 7% to their lowest since Oct. 2020. read moreBritain has tried to ease the pressure of soaring energy costs, saying it would cap wholesale electricity and gas costs for businesses at less than half the market rate from the coming month until the end of March. Like-for-like sales were up 1.5% for the fourth quarter ended Sept. 24, against 2019 levels, amid rail strikes and extreme heat.

☆ UK's Saga shares drop 20% after profit warning
▼ + stars: | 2022-09-27 | by ( ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterSept 27 (Reuters) - British holidays group Saga Plc (SAGA.L) cut its full-year profit forecast on Tuesday, after reporting a loss for the first half of the year as its insurance unit struggles with inflationary woes, sending its shares 20% lower. Saga said its underwriting business has experienced high levels of claims inflation, currently around 13%, increasing the cost of insurance claims and hitting profitability. "Trading conditions in the UK insurance market continue to be challenging," Chief Executive Officer Euan Sutherland said in a statement. Saga posted a first-half pretax loss of 257.5 million pounds, as compared to a profit of 0.7 million pounds a year earlier. ($1 = 0.9275 pounds)Register now for FREE unlimited access to Reuters.com RegisterReporting by Amna Karimi in Bengaluru; Editing by Savio D'Souza and Rashmi AichOur Standards: The Thomson Reuters Trust Principles.

☆ GSK picks Burberry's Brown as CFO
▼ + stars: | 2022-09-26 | by ( ) www.reuters.com time to read: +2 min

Register now for FREE unlimited access to Reuters.com RegisterGSK (GlaxoSmithKline) logo is seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration/SummarySummary Companies Brown to join GSK in April, start as CFO in MayCFO Iain Mackay to retireSept 26 (Reuters) - GSK (GSK.L) named luxury fashion brand Burberry's (BRBY.L) Julie Brown as its new chief financial officer on Monday to succeed Iain Mackay, at a time when the British drugmaker is sharpening focus on its core business. The change comes after GSK spun off its large consumer business, Haleon (HLN.L), to focus on prescription drugs and vaccines. Burberry had said on Friday that Brown would step down as its CFO and chief operating officer in April to take up a role outside the luxury industry. Register now for FREE unlimited access to Reuters.com RegisterReporting by Amna Karimi and Pushkala Aripaka in Bengaluru; Editing by Subhranshu Sahu and Louise HeavensOur Standards: The Thomson Reuters Trust Principles.

Mackay, 60, will be retiring next year after serving as GSK's finance chief for nearly four years, following an eight-year stint as group finance director at the bank HSBC. Register now for FREE unlimited access to Reuters.com RegisterBrown, also 60, will join GSK in April and take up the job in May. She also served in several finance roles at AstraZeneca (AZN.L), which last year also appointed a female CFO, Aradhana Sarin. With Emma Walmsley as GSK's chief executive officer, Brown's appointment also creates a rare, all-female top management at a blue-chip (.FTSE) British company and a global pharma major. Brown will receive an annual base salary of more than 900,000 pounds at GSK, the company said.

Register now for FREE unlimited access to Reuters.com RegisterGSK (GlaxoSmithKline) logo is seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration/SummarySummary Companies Brown to join GSK in AprilIain Mackay to retire in MaySept 26 (Reuters) - Britain's GSK (GSK.L) has appointed its first female chief financial officer, Julie Brown, to succeed Iain Mackay, as the drugmaker focuses on its core pharmaceuticals business. With Emma Walmsley as GSK's chief executive, Brown's appointment also creates a rare, all-female top management at a blue-chip (.FTSE) British company and a global pharma major. Mackay, 60, will retire next year after almost four years as GSK's finance chief, before which he completed an eight-year stint as group finance director at HSBC. She also served in several finance roles at AstraZeneca (AZN.L), which last year appointed a female CFO, Aradhana Sarin.

Made.com web site is seen on a smartphone in front of a displayed logo in this illustration taken June 16, 2021. Made.com employs around 700 people, indicating more than 200 jobs could be cut. In the past year supply chain disruptions, made worse by Russia's invasion of Ukraine, have also pushed up costs for companies, including Made.com. Made.com appointed PricewaterhouseCoopers (PwC) as its financial adviser to the strategic review and formal sale process. British retailer DFS Furniture (DFSD.L)last week also warned of a challenging outlook for the furniture sector, saying volumes have fallen as demand wanes.

☆ В Греции вводятся новые правила для путешествий на пароме
▼ + stars: | 2021-07-05 | by ( Mld Media Srl | ) noi.md time to read: +1 min

Новые меры против распространения коронавируса в Греции начали применяться с понедельника, 5 июля, сообщает AMNA. Несовершеннолетние в возрасте от 12 до 17 лет должны предоставить один из вышеперечисленных документов или, в качестве альтернативы, пройти самотестирование за 24 часа до времени вылета. Пассажиры, совершающие посадку на корабли на острова и обратно, должны сначала заполнить Анкету-декларацию о состоянии здоровья. Заместитель министра гражданской защиты и управления кризисными ситуациями Никос Хардалиас рекомендовал всем лицам старше 12 лет пройти самотестирование и на обратном пути. Для тех, кто пользуется паромами регулярно по работе, правила скорректированы.

Persons: Никос Хардалиас Locations: Греция, Справка

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