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, ...
Sainsbury ups dividend as profit tops forecast amid competitive threat
Sainsbury will pay a final dividend of 9.7 pence per share, up from 9.2p a year ago, taking the total payout for the financial year to 13.6p, up 3.8% from 13.1p.
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 ...
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 ...
Integrated Diagnostics expects margin recovery after profits rise 95%
(Alliance News) - Integrated Diagnostics PLC on Thursday said profit nearly doubled during 2024, and that it expects to see "further recovery in margins" throughout 2025. Integrated is a Cairo, ...
Alphawave IP loss narrows despite revenue decline on contract delays
(Alliance News) - Alphawave IP PLC said on Thursday it saw a narrowed pretax loss and "record" high bookings during 2024, despite revenue declining on the delayed realisation of long-term contracts.
Tate & Lyle says CP Kelco integration progressing as planned
(Alliance News) - Tate & Lyle PLC on Tuesday said that the integration of CP Kelco Ltd is progressing smoothly, with the two companies now operating as a single business unit since April 1.
REA swings to profit on higher prices despite production decline
(Alliance News) - REA Holdings PLC on Thursday reported a swing to profit during 2024 as a result of reduced expenses and higher prices, though noted a decrease in production amid dry weather.
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 ...
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.