The Finnish builder YIT reported a fall in third-quarter profits to €57m (£45.2m), from €82m last time, citing the market shake-up and weakening demand, and said it has halted the construction of 2,400 flats in Russia.
Next has pulled out of the race to buy Topshop yesterday as it failed to match rival bids.
The NHS and universities should work more closely with the public and private sectors to unlock land banks to create life sciences campuses, according to panellists at a RealX Global event this week.
The new chief executive of U+I says the business could be back in the black by the end of the year, despite this week posting its third pre-tax loss in 18 months.
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