News

Trump looking into possibility of firing Fed's Powell: White House
US President Donald Trump and his administration are studying whether dismissing independent Federal Reserve Chair Jerome Powell is an option, his top economic aide said on Friday. "The president and ...
UK's Reeves says cutting ties with China would be "foolish"
(Alliance News) - The UK Chancellor has said it would be "foolish" to stop engaging with China. Rachel Reeves is due to hold talks with the US next week amid efforts to strike a trade deal, which the ...
GSK receives approval from UK MHRA for Blenrep combination
The London-based pharmaceutical company said Blenrep, or belantamab mafodotin, was approved for the treatment of adult patients with multiple myeloma in combination with bortezomib plus dexamethasone, ...
GSK gets US advisory panel backing for RSV and Meningitis vaccines
Arexvy, already approved in over 60 countries, was supported by trial data showing safety and immune response in the 50–59 age group. GSK said more than 13 million adults in the US fall into this ...
London midday: FTSE extends losses after Powell comments
(Sharecast News) - London stocks had fallen further by midday on Thursday after Federal Reserve chair Jerome Powell warned that Trump's tariffs could cause a spike in inflation. The FTSE 100 was down ...
Deliveroo backs annual outlook as first-quarter revenue improves
Overall, Deliveroo reported a 4.5% increase in monthly average users in the first quarter to 7.0 million from 6.7 million the prior year. Its shares were up 2.6% at 133.50 pence on Thursday morning in ...
London open: Stocks fall after Powell comments; Sainsbury's bucks trend
(Sharecast News) - London stocks fell in early trade on Thursday after Federal Reserve chair Jerome Powell warned that Trump's tariffs could cause a spike in inflation. At 0900 BST, the FTSE 100 was ...
London close: Stocks finish flat ahead of Easter break
(Sharecast News) - London stocks ended flat to lower on Thursday as investors weighed mixed global signals ahead of the long Easter weekend. The FTSE 100 index closed pretty much flat at 8,275.66 ...
Man Group assets rise to USD172.6 billion but slip in April
The London-based investment manager in public and private markets said AuM rose to USD172.6 billion at March 31 from USD168.6 billion at the end of December. The increase was driven by USD3.6 billion ...
Bunzl shares fall as cuts outlook and halts buyback amid soft US trade
In response, shares in Bunzl dropped 24% to 2,354.00 pence each in London on Wednesday morning, hitting an intraday low of 2,252.00p. It has a market value of GBP7.69 billion.
CleanTech Lithium partners with DuPont to test lithium processing tech
(Alliance News) - CleanTech Lithium PLC on Thursday said it has partnered with DuPont Water Solutions on the testing of lithium processing technology. CleanTech Lithium is a Jersey-based lithium ...
RC Fornax eyes higher UK defence spending as first half earnings rise
RC Fornax said its higher revenue in the first half of the year was generated from contracts with six customers. Four of the customers are in the top 10 suppliers to the Ministry of Defence and one is ...