FTSE 100 opened modestly higher as investors keep their powder dry ahead of the latest Federal Reserve pronouncements and Jackson Hole talkathon. London’s leading index was up 9 points to 7,135 in early trading.
Just Eat Takeaway.com (LON:JET) is opening a customer service centre in the north-east that will create 1,500 new jobs. It’s part of a £100mln investment programme in the region.
Former boss of Marks and Spencer plc (LON:MKS) Lord Rose of Monewden is reportedly being considered as the next chairman of Asda. He already holds the same role at EG Group, the petrol station business of Asda owners the Issa brothers
Clipper Logistics PLC (LSE:CLG, FRA:3UC) (LSE:CLG, FRA:3UC) has made a strong start to the new financial year and expects more new business wins. The logistics group has benefited from the shift to e-commerce during the pandemic.
Faron Pharmaceuticals (AIM:FARN, OTC:FPHAF) says researchers have begun dosing its first patient as part of a phase II/III trial of a Covid treatment. The HIBISCUS study will be conducted across 10-15 sites in the US and will enrol 140 patients who require low flow oxygen support, but not mechanical ventilation.
Next Fifteen Communications Group PLC (AIM:NFC, FRA:8LS) (AIM:NFC, FRA:8LS) expects full-year results will be ahead of previous expectations after a strong second quarter. The three months to the end of July saw revenues rise by 40% year-on-year, with organic growth of 29%.
Great Western Mining has discovered gold at shallow depths in multiple holes in its first exploration drilling at the Rock House project in Nevada. Deeper drilling beneath the two holes with the best results will establish the extent of the mineralisation.