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FTSE 250 movers: Pets at Home gets upgrade boost; Chilly for Baltic
FTSE 250 (MCX) 20,896. 33 0. 80%.
Germany's FTI Group files for insolvency as bookings slump
Europe’s third-largest tour operator FTI Group said it had filed for insolvency in the Munich regional court today, as it suffered from falling bookings.
Europe midday: Shares hold gains with eyes on ECB rate decision
European markets were up as investors look ahead to the European Central Bank’s interest rate decision on Thursday, widely expected to be a 25 basis point cut.
Europe open: Shares make strong start ahead of ECB rate call
European markets made a strong start to the week as investors look ahead to a European Central Bank interest rate decision on Thursday, widely expected to be a 25 basis point cut.
GSK shares slump as US judge says experts can testify in Zantac cases
GSK shares were down almost 10% on Monday after a US court ruled that jury trials could hear expert witnesses in 70,000 cases brought by cancer sufferers claiming its Zantac heartburn drug caused their condition.
Asia report: Shares rally on rate cut hopes, China Caixin PMI
Asian share markets rallied on Monday, as investors awaited an expected rate cut from the European Central Bank, while a positive factory activity survey in China also boosted sentiment.
Hollywood Bowl profits jump on record revenues
Hollywood Bowl reported a 10. 5% rise in half-year earnings and lifted its dividend by a fifth on the back of record revenues, driven by strong trading in the UK and Canada.