Market news

Blinken in UK as allies seek way forward on Ukraine, Middle East

US Secretary of State Antony Blinken meets the new UK government on Tuesday, with the close allies expected to share their resolve on Ukraine and...

Tue, 10/09/2024 - 09:39

UK releases thousands of prisoners to ease jail overcrowding

Thousands of prisoners in British jails were due to be released early on Tuesday, as part of government moves to ease overcrowding.

Recently released figures showed...

Tue, 10/09/2024 - 09:36

Schroders promotes CFO Richard Oldfield to CEO from November

Schroders PLC on Tuesday said Chief Financial Officer Richard Oldfield will be promoted to chief executive officer from November.

The London-based asset and wealth manager said...

Tue, 10/09/2024 - 09:35

Essentra hires Rowan Baker from Laing O’Rourke to be CFO

Essentra PLC on Tuesday announced that ‘highly experienced’ finance executive Rowan Baker will succeed CFO Jack Clarke, who is retiring to become a Catholic Church...

Tue, 10/09/2024 - 09:21

Hikma Pharmaceuticals completes acquisition of Xellia’s FDF business

Hikma Pharmaceuticals PLC announced on Tuesday it has completed its acquisition of the US finished dosage form business. Denmark-based Xellia Pharmaceuticals ApS.

Xellia’s FDF business provides...

Tue, 10/09/2024 - 09:09

LONDON MARKET OPEN: Blue chips open lower hit by AstraZeneca weakness

London’s FTSE 100 fell in early trading on Tuesday, underperforming European peers, pegged back by a sharp fall in AstraZeneca shares.

The FTSE 100 index...

Tue, 10/09/2024 - 09:01

UK Prime Minister Keir Starmer firm on winter fuel payment cuts

Keir Starmer said he recognised that scaling back the winter fuel payment was a ‘really tough decision’ but said Labour must ‘secure the foundations’ of...

Tue, 10/09/2024 - 09:01

TOP NEWS: UK grocery price inflation ebbs as Ocado leads sales rose

UK grocery price inflation resumed its slowdown, while Ocado delivered its quickest rate of growth since May 2021, figures on Tuesday showed.

Supermarket prices were 1.7%...

Tue, 10/09/2024 - 08:47

TOP NEWS: Centamin agrees to takeover offer from AngloGold Ashanti

Centamin PLC has agreed to a cash and shares takeover offer from bigger peer AngloGold Ashanti PLC in a deal that values Centamin at about...

Tue, 10/09/2024 - 08:34

TOP NEWS: UK jobless rate declines but wage growth cools

The UK unemployment rate edged lower in the three months to July, but wage growth abated, numbers on Tuesday showed.

According to the Office for...

Tue, 10/09/2024 - 07:24

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