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FTSE 100 movers: Shell gushes lower; Melrose gains on JPM note
London’s FTSE 100 was down 0. 1% at 7,680. 11 in afternoon trade on Monday.
Johnson & Johnson to buy Ambrx for $2bn
Johnson & Johnson said on Monday that it has agreed to buy clinical-stage biopharmaceutical company Ambrx for around $2bn.
London midday: FTSE in the red as miners retreat; US inflation eyed
London stocks were still in the red by midday on Monday amid weakness in the mining sector, as investors eyed the release of the latest US inflation reading this week.
Drax to get approval for net zero carbon capture plan - report
Drax surged on Monday following a report that the UK government is set to approve a multibillion-pound CO2 capture scheme.
London open: Stocks edge lower as investors eye US inflation reading
London stocks edged lower in early trade on Monday following a mostly downbeat Asian session, as investors eyed the release of the latest US inflation reading this week.
CMC Markets lifts FY net operating income guidance after strong Q3
Online trading platform CMC Markets lifted its full-year net operating income guidance on Monday as it hailed a strong performance in the third quarter.
Merck in talks to buy Harpoon Therapeutics for about $700m - report
Merck & Co is reportedly in advanced talks to buy cancer drugmaker Harpoon Therapeutics for about $700m.
London pre-open: Stocks seen weaker as investors eye US inflation print
London stocks were set to fall at the open on Monday following a mostly downbeat Asian session, as investors eyed the release of the latest US inflation reading this week.
Monday newspaper round-up: Post Office, Channel 4, Rolls-Royce
The Post Office is suspected of wrongly prosecuting dozens more operators who took part in a pilot scheme of the faulty Horizon system, the Guardian has been told. Amid growing anger over the treatment of postmasters whose lives have been ruined in the scandal, Whitehall sources have confirmed that a precursor scheme was rolled out in 1995 and 1996 to hundreds of branches in north-east England. – Guardian.