01 June

Sticky

Omega Diagnostics highlights positive study data for COVID-19 antigen test By Investing.com

Posted by admin

in News

By Samuel Indyk Investing.com – Omega Diagnostics (LON:ODX) has said that a study of its Mologic lateral flow antigen test has provided “positive” results. The study, titled “Accuracy of the Mologic COVID-19 rapid antigen test: a prospective multi-centre analytical and clinical evaluation”, concluded that the Mologic test has fulfilled the World Health Organization target diagnostic accuracy with a high sensitivity (93.2%-98.4%) detecting individuals with high viral load infections. “This is great news for the Mologic test, which we are now producing under our VISITECT brand,” said Omega Diagnostics CEO Colin King. “It is significant that the...

01 June

0 Comments

Sticky

Miners, oil majors boost FTSE 100 higher ahead of factory activity data By Reuters

Posted by admin

in News

By Devik Jain (Reuters) - London's FTSE 100 index rose on Tuesday, helped by gains in heavyweight commodity stocks, while investors awaited a monthly reading on factory activity to gauge the pace of the country's economic recovery. The blue-chip index climbed 0.7%, with base metal miners gaining 3.1% as they tracked higher copper and iron ore prices. [O/R] Oil majors BP (LON:BP) and Royal Dutch Shell (LON:RDSa) added more than 1.2% each after Brent crude topped $70-mark on favourable demand outlook. [O/R] The domestically focused mid-cap FTSE 250 index advanced 0.6%. "A too rapid...

01 June

0 Comments

Sticky

BoE monitoring UK housing boom as it weighs inflation risk: Deputy Governor By Reuters

Posted by admin

in News

(Reuters) - The Bank of England is carefully monitoring Britain's booming housing market as it weighs up the possibility that a rapid recovery from the COVID-19 pandemic will lead to a sustained period of inflation, Deputy Governor Dave Ramsden said. "There is a risk that demand gets ahead of supply and that will lead to a more generalised pick-up in inflationary pressure. That's something we are absolutely going to guard against. We are looking carefully at the housing market and a raft of real-term indicators", Ramsden said in an interview published on Tuesday in the...

01 June

0 Comments

Sticky

Daimler to pay Nokia patent fees, ending legal fight By Reuters

Posted by admin

in News

By Foo Yun Chee BRUSSELS (Reuters) - Daimler has agreed to pay Nokia (HE:NOKIA) for using its patents, ending a row that highlighted a battle between tech and car companies over royalties for key technologies. Nokia, which makes 1.4 billion euros ($1.7 billion) in licensing revenues every year, and carmaker Daimler had sued each other in German courts in recent years, with mixed results. Tech firms want automakers to pay royalties for technologies used in navigation systems, vehicle communications and self-driving cars but the latter say their suppliers should pay instead, which could reduce the fees...

01 June

0 Comments

Sticky

OPEC, Russia seen gaining more power with Shell Dutch ruling By Reuters

Posted by admin

in News

By Dmitry Zhdannikov LONDON (Reuters) - Climate activists who scored big against Western majors last week had some unlikely cheerleaders in the oil capitals of Saudi Arabia, Abu Dhabi and Russia. Defeats in the courtroom and boardroom mean Royal Dutch Shell (LON:RDSa), ExxonMobil and Chevron are all under pressure to cut carbon emissions faster. That’s good news for the likes of Saudi Arabia’s national oil company Saudi Aramco (SE:2222), Abu Dhabi National Oil Company and Russia's Gazprom (MCX:GAZP) and Rosneft. It means more business for them and the Saudi-led Organization of...

01 June

0 Comments

Sticky

M&C Saatchi swipes up annual forecast on new robust campaigns By Reuters

Posted by admin

in News

(Reuters) - M&C Saatchi on Tuesday forecast annual results ahead of market estimates, as the advertising agency signed new clients ranging from the first digital UK Census campaign to marketing drive for Tinder across Southeast Asia. The company, founded in 1995 by brothers and ad moguls Maurice and Charles Saatchi, said its performance was better than expected in the first four months of the year. It also signed a new loan facility for up to 47 million pounds ($66.82 million). ($1 = 0.7034 pounds) ...

01 June

0 Comments

Sticky

Japan Finance Minister does not expect G7 meet to debate specific tax rates By Reuters

Posted by admin

in News

By Tetsushi Kajimoto TOKYO (Reuters) - Finance leaders from the Group of Seven rich countries have narrowed their difference of opinions over global taxation but they are unlikely to debate specific figures on minimum tax rates at their weekend meeting, Finance Minister Taro Aso said. Aso said he is planning on a bilateral meeting with U.S. Treasury Secretary Janet Yellen on the sidelines of the June 4-5 G7 meeting in Britain, although the details weren't finalised. The G7 will vow this week to support their economies as they emerge from the pandemic and reach an "ambitious"...

01 June

0 Comments

Sticky

Dollar in doldrums as traders ponder Fed policy path; sterling soars By Reuters

Posted by admin

in News

By Kevin Buckland TOKYO (Reuters) - The dollar languished near multi-month lows versus major peers on Tuesday as traders pondered the prospects for early policy normalization by the Federal Reserve ahead of a key jobs report at the end of the week. The British pound rallied to a three-month peak at $1.425 while Canada's loonie hovered near a six-year top, amid market expectations for policy tightening in those countries. Australia's dollar rose for a second day to as high as $0.77605 ahead of a central bank announcement at 0430 GMT on Tuesday, although economists predict no...

01 June

0 Comments

Sticky

Monde Nissin debuts 0.14% lower after $1 billion Philippine IPO By Reuters

Posted by admin

in News

By Neil Jerome Morales and Anshuman Daga MANILA (Reuters) -Monde Nissin Corp saw it shares weaken 0.14% at the opening bell on its stock market debut on Tuesday, after the Philippine food maker raised 48.6 billion pesos ($1 billion) in the country's largest-ever initial public offering (IPO). The IPO, Southeast Asia's second-largest this year after the $1.8 billion IPO of Thailand's PTT Oil and Retail Business PCL in February, heads a pipeline of Philippine share sales. "The new funding will enable us to supercharge our growth," Chief Executive Henry Soesanto said at the listing ceremony....

01 June

0 Comments

Sticky

Asian stocks at month high ahead of U.S. jobs data, gold rises By Reuters

Posted by admin

in News

By Anshuman Daga SINGAPORE (Reuters) - Asian stock markets rose on Tuesday while gold flirted near five-month highs ahead of European and U.S. data this week that will likely offer clues on the health of the global economy. The world's recovery from the COVID-19 pandemic remains patchy with exports reviving but broader economic activity still dampened by new measures to contain fresh outbreaks. China's factory activity expanded at the fastest pace this year in May as domestic and export demand picked up, though sharp rises in raw material prices and strains in supply chains crimped...

Меню

News

Omega Diagnostics highlights positive study data for COVID-19 antigen test By Investing.com

Miners, oil majors boost FTSE 100 higher ahead of factory activity data By Reuters

BoE monitoring UK housing boom as it weighs inflation risk: Deputy Governor By Reuters

Daimler to pay Nokia patent fees, ending legal fight By Reuters

OPEC, Russia seen gaining more power with Shell Dutch ruling By Reuters

M&C Saatchi swipes up annual forecast on new robust campaigns By Reuters

Japan Finance Minister does not expect G7 meet to debate specific tax rates By Reuters

Dollar in doldrums as traders ponder Fed policy path; sterling soars By Reuters

Monde Nissin debuts 0.14% lower after $1 billion Philippine IPO By Reuters

Asian stocks at month high ahead of U.S. jobs data, gold rises By Reuters

FINSPECTION MANAGEMENT LTD

FINSPECTION PLC LTD

FINACOM MANAGEMENT NV