Headlines from the Proactive UK newsroom.
The FTSE 100 is expected to open strongly this morning on hopes of an easing in the coronavirus crisis and despite a slump overnight in oil prices to a twenty-year low.
US light crude dropped below US$15 a barrel with reports supertankers are being used to store the oil glut.
Around 35 companies are planning fundraisings in London according to a report this morning. DFS Furniture's confirmed it is looking for nearly £55mln.
Mr Kipling owner Premier Foods meanwhile enjoyed a bumper march as people stockpiled ahead of the lockdown. Sales jumped 10.5% in the month, helping profits rise to the top end of forecasts.
AIM-listed Feedback (LON:FDBK) is to roll out its mobile-based medical imaging platform Bleepa across the Pennine Acute Hospitals NHS Trust to help manage the peak of the coronavirus outbreak. Referrals of COVID-19 cases will be managed through Bleepa.
The neuroscience data specialist IXICO’s (LON:IXI) sales rose by a third to £4.6mln in the half year to March. Orders have also risen to £22.5mln.
Genedrive (LON:GDR) has entered into an agreement with Cytiva - formerly GE Healthcare Life Sciences - for the development of its rapid mass coronavirus test. This lab-based test is one of two assay programmes Genedrive is developing and is aiming for 10,000 tests an hour.