ReNeuron Group HY Loss Narrows

‘How Much Was That?’

A family obsessed with the cost of things learns a stark lesson in what’s priceless.

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By Taryn Englehart

Target Recalls Cloud Island 4-Piece Plush Toy Sets

Discount retailer Target Corp. is recalling about 23,400 units of Cloud Island 4-Piece Plush Toy Sets citing choking risk, the U.S. Consumer Product Safety Commission said.

The recall involves toy vehicle sets, which are a soft, knitted construction and include a blue car, a yellow bus, a red tractor, and a green truck each with a rattle inside. Item number 030-02-1042 is printed on the fabric tag attached to the bottom each vehicle.

The toy sets, manufactured in China, were sold at Target stores nationwide and online at from March 2022 through August 2022 for about $20.

According to the agency, the tires on the toy vehicles can detach, posing a choking hazard to children.

The recall was initiated after the Minneapolis, Minnesota-based firm received four reports of tires detaching from toy vehicles. However, no injuries have been reported to date related to the recalled product.

Consumers are urged to immediately take the recalled plush toys away from young children and return them to any Target store for a full refund.

Target in October had recalled about 12,800 tea kettles due to fire and burn hazards.

GSK Plc: Jemperli RUBY Phase III Trial Meets Primary Endpoint – Quick Facts

GSK plc (GSK,GSK.L) reported positive headline results from the planned interim analysis of part 1 of the RUBY/ENGOT-EN6/GOG3031/NSGO phase III trial investigating Jemperli plus standard-of-care chemotherapy followed by Jemperli compared to chemotherapy plus placebo followed by placebo in adult patients with primary advanced or recurrent endometrial cancer. The trial met its primary endpoint of investigator-assessed progression-free survival. While the overall survival data were immature, a favourable trend was observed in the overall population, the company noted. The safety and tolerability profile of dostarlimab was consistent with clinical trials of similar regimens.

The company expects regulatory submissions based on the trial results in the first half of 2023.

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More than 8 million UK households could be in fuel poverty from April

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The number in fuel poverty will increase from 4.5 million last October, according to National Energy Action. It said that would include 1.8 million carers, 5.9 million low-income and financially vulnerable households and 3.6 million disabled people.

A home is considered to be in fuel poverty if households need to spend 10 per cent or more of their income on energy to properly heat their property.

Eighty-one per cent of homeowners told an NEA survey they will ration heating over the next three months, 55 per cent are already cutting back on hot water and 13 per cent are reducing use of medical equipment.

In April, the cap on household energy bills will mean average bills will rise from £2,500 to £3,000 a year.

Chancellor Jeremy Hunt said the energy price guarantee per unit will continue for a further year to help cash-strapped people.

Meanwhile, the End Fuel Poverty Coalition said more frail and older people could die next winter without further action to cut bills for the most vulnerable.

Over 2 million Britons unable to afford energy may unplug from grid

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Bill Bullen sent a “red flag” white paper to business ministers and regulator Ofgem calling for urgent support to avoid people “suffering in silence” because some homes on energy meters have self-disconnected.

It focuses on the 2.25 million households – 50 per cent of all homes who pay as you go (PAYG) for their energy – who remain on legacy meters which have no digital connection.

In the event these households are unable to add credit to meters, their supplier will not know they have self-disconnected.

Mr Bullen said: “I cannot just sit by knowing there are 2.25 million legacy PAYG households who are currently under-served and at risk of self-disconnecting.”

ReNeuron Group HY Loss Narrows

ReNeuron Group plc. (RENE.L) reported that its loss for the six months ended 30 September 2022 narrowed to 3.2 million pounds or 5.6 pence per share from last year’s 5.2 million pounds or 9.2 pence per share hurt by lower costs, increased revenue and foreign exchange gains.

Total operating expenses reduced in the period to 4.7 million pounds from 6.1 million pounds in the prior year. The reduction in costs followed a review of program priorities and resource requirements, with the Group having made the decision to primarily focus its resources on its proprietary exosome platform, the company said.

Revenue for the period grew to 438,000 pounds from last year’s 58,000 pounds related to income from partner funded development activities and royalty income.