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18 January 2021 | 07:33am StockMarketWire.com - Alternative fuel group Velocys said Shell had withdrawn from a joint venture formed to develop sustainable aviation fuel. Velocys said it would continued to work with British Airways, the other partner in the Altalto joint venture, to secure finance for the Altalto Immingham plant. Velocys and British Airways also would continue discussions with potential sources of finance for the project, which had been underway for several months and indicate strong interest in this sector, the company added. Velocys and British Airways are grateful for Shell s support during the initial stages of the Altalto project, Velocys said. ....
18 January 2021 | 16:38pm StockMarketWire.com - The FTSE 100 was off its lows but still down for the day, closing 0.2% lower at 6,720.65 as the lack of any US trading thanks to Martin Luther King Day saw it struggle for direction Device testing and analytics group Spirent Communications fell 1% to 260p even its annual revenue rose 4%, helping it to achieve a strong rise in earnings in line with its expectations. Spirent Communications said it may return excess cash to shareholders, but warned that an ongoing Covid-19 impact on customer spending patterns meant growth in 2021 was expected to be second-half weighted. Pharmaceutical giants AstraZeneca gained 1.1% to £76.78 on news that it and Daiichi Sankyo had received US approval for their gastric cancer drug. ....