Merck & Co snaps up respiratory drug maker Verona for $10 billion

Merck & Co Inc on Wednesday said it has struck a deal to acquire Verona Pharma PLC, bolstering its respiratory diseases offering.

Merck will fork...

Thu, 10/07/2025 - 09:06

Early market roundup: Miners power FTSE 100 to new record high

London’s FTSE 100 hit its best-ever level on Thursday, as investors shrugged off tariff worries amid optimism that an EU-US deal is close.

The FTSE...

Thu, 10/07/2025 - 09:02

WPP hires Microsoft executive Cindy Rose as new chief executive

WPP PLC on Thursday announced Microsoft Corp executive Cindy Rose as its new chief executive a day after shares fell heavily in the wake of...

Thu, 10/07/2025 - 08:49

Severn Trent on course to meet targets with improved leakage efforts

Severn Trent PLC on Thursday said it expects to perform in line with guidance, with investment plans on track, alongside expected ‘improvements in leakage’.

In...

Thu, 10/07/2025 - 08:28

The next phase of tariffs is here: what investors can learn from past market turbulence

The Trump administration has moved to the next phase of its tariff regime, sending letters to various countries detailing the rates that will apply to...

Thu, 10/07/2025 - 08:26

Jubilee Metals working to finalise sale of chrome and PGM assets

Jubilee Metals Group PLC on Thursday said it is working to finalise the sale of its chrome and platinum group metal operations in South Africa....

Thu, 10/07/2025 - 07:43

IN BRIEF: Richmond Hill reverse takeover hit by administrative delay

Richmond Hill Resources PLC - holding company formerly named Rogue Baron PLC - The company’s planned reverse takeover of Three Mile Beach Ltd aimed at...

Thu, 10/07/2025 - 06:51

Musk risks alienating supporters with new political intervention

Elon Musk could face boardroom revolt if the Tesla (TSLA:NASDAQ) chief executive presses ahead with plans to launch a new political party, and analysts are...

Thu, 10/07/2025 - 00:00

Stock markets react with relief as tariff deadlines extended

An extension to the 9 July deadline for a previous pause on ‘Liberation Day’ tariffs, now shifted until the beginning of August, is overshadowing the...

Thu, 10/07/2025 - 00:00

Building products firm Genuit has great growth potential

Genuit Group (GEN) 373p

Market cap: £928 million

At the beginning of March, we highlighted three mid-cap stocks which for one reason or another...

Thu, 10/07/2025 - 00:00

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