British Steel to cut 400 jobs as ‘weak pound’ sparks streamlining September 14, 2018 British Steel has announced plans to cut 400 jobs as part of a streamlining process after being hit by the “weakening of the pound”. The steel manufacturer said its raw materials were traded in dollars and a weaker pound and euro meant it needed to adapt. It said no closures were being considered but that [...]
British Steel to cut 400 jobs as ‘weak pound’ sparks streamlining September 14, 2018 British Steel has announced plans to cut 400 jobs as part of a streamlining process after being hit by the “weakening of the pound”. The steel manufacturer said its raw materials were traded in dollars and a weaker pound and euro meant it needed to adapt. It said no closures were being considered but that [...]
Sirius shares climb after $250m deal plugs funding gap on Yorkshire mine project September 14, 2018 Sirius Minerals has struck a $250m (£190m) deal to plug a funding gap after its Yorkshire mine project costs rose. The company's shares tumbled more than 18 per cent earlier this month when the miner said it may need an extra $600m to construct its mine under the North York Moors. It said the initial $3bn [...]
Sirius shares climb after $250m deal plugs funding gap on Yorkshire mine project September 14, 2018 Sirius Minerals has struck a $250m (£190m) deal to plug a funding gap after its Yorkshire mine project costs rose. The company's shares tumbled more than 18 per cent earlier this month when the miner said it may need an extra $600m to construct its mine under the North York Moors. It said the initial $3bn [...]
Co-op profits soar after supermarket sells 180 pizzas for every minute of football during the World Cup September 14, 2018 Co-op's profits soared in the first half of the year after the supermarket sold more than 180 pizzas for every minute of football played during the World Cup. Sales increased to £5bn, up 10 per cent on the first half of 2017, also driven by its £143m acquisition of Nisa in May. Pre-tax profits almost [...]
Co-op profits soar after supermarket sells 180 pizzas for every minute of football during the World Cup September 14, 2018 Co-op's profits soared in the first half of the year after the supermarket sold more than 180 pizzas for every minute of football played during the World Cup. Sales increased to £5bn, up 10 per cent on the first half of 2017, also driven by its £143m acquisition of Nisa in May. Pre-tax profits almost [...]
UK ‘would be mad’ to restrict flow of scientists into the country after Brexit, Oxford Biomedica exec warns after $842m deal boosts profits September 13, 2018 Growing pharmaceutical firm Oxford Biomedica has said the UK “would be mad” to restrict the flow of scientists as it reported a profit swing after landing an $842m (£643m) deal. The London-listed biopharmaceutical firm signed the multi-million-dollar deal with Axovant Science for its Parkinson's disease treatment in June. It also penned a $105m agreement giving Bioverativ [...]
UK ‘would be mad’ to restrict flow of scientists into the country after Brexit, Oxford Biomedica exec warns after $842m deal boosts profits September 13, 2018 Growing pharmaceutical firm Oxford Biomedica has said the UK “would be mad” to restrict the flow of scientists as it reported a profit swing after landing an $842m (£643m) deal. The London-listed biopharmaceutical firm signed the multi-million-dollar deal with Axovant Science for its Parkinson's disease treatment in June. It also penned a $105m agreement giving Bioverativ [...]
Trump claims 3,000 people did not die in Puerto Rico as he defends Hurricane Maria response September 13, 2018 Donald Trump has defended his response to Hurricane Maria and claimed 3,000 did not die in the storm which devastated Puerto Rico last year. An independent study found an estimated 2,975 people died in the category 5 hurricane that hit Puerto Rico and Dominica in September last year. But President Trump has claimed only six [...]
Trump claims 3,000 people did not die in Puerto Rico as he defends Hurricane Maria response September 13, 2018 Donald Trump has defended his response to Hurricane Maria and claimed 3,000 did not die in the storm which devastated Puerto Rico last year. An independent study found an estimated 2,975 people died in the category 5 hurricane that hit Puerto Rico and Dominica in September last year. But President Trump has claimed only six [...]
