Toyota and Volkswagen will not be among the car manufacturers to cut CO2 emissions in new cars by 2040. A group of big names in the industry is due to announce the pledge at COP26 in Glasgow today.
Marks and Spencer Group PLC (LSE:MKS) has upgraded full-year guidance after swinging back to interim profits. The retailer expects strong demand to be driven by a post-pandemic bounce back and the turnaround of its brand.
JD Wetherspoon Plc (LSE:JDW) has seen a dip in sales as older customers are going to the pub less to avoid the risk of COVID-19. Demand for breakfasts and coffee has been much lower due to more people working from home.
Among the small caps, Emmerson PLC (AIM:EML) has received new investment from Singaporean group GSM, which has bought a stake at the Khemisset potash project in Morocco. Emmerson said this was a “major endorsement” of the project.
Fellow miner Ferro-Alloy Resources Limited has made its first commercial sale of ferro-molybdenum. The group is operating a vanadium deposit in Kazakhstan.
Evgen Pharma PLC (AIM:EVG) has welcomed a peer-reviewed article in the academic journal ‘Pharmaceuticals’ that highlights the potential of its lead asset, SFX-01. It’s being studied to treat an aggressive form of brain tumour.
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