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ObsEva SA's (OBSV) phase III study of Linzagolix for the treatment of heavy menstrual bleeding due to uterine fibroids, dubbed PRIMROSE 2, has yielded positive results.

The pound drifted higher against its major counterparts in pre-European deals on Monday. The pound rose to near a 7-month high of 1.3057 versus the franc and more than an 8-month high of 1.3181 against the dollar, from its early lows of 1.2999 and 1.3132, respectively. The pound firmed to 0.8392...

Pharma services company hVIVO plc announced Monday that it has reached an agreement on the terms of a recommended offer to be made by Open Orphan Plc for the entire share capital of hVIVO. Under the terms of the Offer, each hVIVO shareholder will be entitled to receive 2.47 new Open Orphan shares. The...

Prosus NV announced the terms of an increased cash offer for the entire issued and to be issued share capital of Just Eat (JE.L) by MIH Food Delivery Holdings, a wholly-owned indirect subsidiary of Prosus. Under the terms, Just Eat shareholders will be entitled to receive 740 pence in cash for each Just...

Tullow Oil plc (TLW.L) said that Paul McDade, Chief Executive Officer, and Angus McCoss, Exploration Director, have resigned from the Board of the company by mutual agreement and with immediate effect. The company said it has initiated a process to find a new Group Chief Executive. The company noted...

Germany's exports expanded unexpectedly, while imports remained flat in October, figures from Destatis revealed Monday. Exports grew 1.2 percent on a monthly basis in October, confounding expectations for a decline of 0.3 percent. However, the monthly growth eased from 1.5 percent in September. At...

Provident Financial plc (PFG.L) announced the appointment of Neeraj Kapur as Chief Finance Officer. Neeraj Kapur is Group Chief Financial Officer of Secure Trust Bank plc, a UK retail and SME bank. The appointment will be effective 1 April 2020. Malcolm Le May, CEO, Provident Financial said: "Neeraj...

Senior plc (SNR.L), a manufacturer of high technology components and systems, Monday confirmed that it has been reviewing all strategic options for its Aerostructures business. This includes an early stage assessment of a potential divestment of the division. The company issued the statement in response...

National Grid plc (NG.L, NGG) has submitted its final business plans to Ofgem for its UK Electricity and Gas Transmission businesses, as well as the Electricity System Operator, for the 2021-2026 RIIO-2 period. The Electricity Transmission plan has a baseline totex spend of 7.1 billion pounds over the...

Following the release of German trade data at 2.00 am ET Monday, the euro changed little against its major rivals. The euro was trading at 1.1062 against the greenback, 120.12 against the yen, 1.0958 against the franc and 0.8400 against the pound around 2:04 am ET.

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