Full List Of Stories
FTSE 100 movers: Beazley gains again; Burberry in the red
London’s FTSE 100 was up 0. 3% at 8,173. 07 in afternoon trade on Friday.
Merck to buy drug targeting B-cell diseases for up to $1.3bn
Merck said on Friday that it has agreed to buy biotech firm Curon’s CN201, a novel investigational clinical-stage bispecific antibody for the treatment of B-cell associated diseases, for up to $1. 3bn.
Shein looking to open UK warehouse - report
Chinese fast fashion giant Shein is reportedly preparing to open its first British warehouse in preparation for a £50bn listing on the London Stock Exchange.
London midday: FTSE rises as jobless claims calm nerves
London stocks were still in the black by midday on Friday as stronger-than-expected jobless claims numbers eased concerns about the US economy.
Canaccord Genuity downgrades Future, says risk/reward ‘mismatched’
Canaccord Genuity downgraded Future on Friday to ‘sell’ from ‘hold’ following a strong share price increase of around 100% from the lows.
Citi cuts Fever-Tree price target, keeps ‘neutral’ rating
Citi cut its price target on Fever-Tree on Friday to 950p from 1,115p citing slight model changes and an adjustment to its price-to-earnings valuation method.
London open: Stocks gain as US jobless claims allay fears
London stocks gained in early trade on Friday following a positive session on Wall Street, as stronger-than-expected jobless claims numbers eased concerns about the US economy.
China CPI ticks up more than expected in July
Consumer price inflation accelerated more than expected in July, according to figures released on Friday by the National Bureau of Statistics.
London pre-open: Stocks to gain on positive US cues
London stocks were set to gain at the open on Friday following a positive session on Wall Street, as better-than-expected jobless claims eased concerns about the US economy.
Friday newspaper round-up: Drax, X, Lord Saatchi
The Drax power station was responsible for four times more carbon emissions than the UK’s last remaining coal-fired plant last year, despite taking more than £0. 5bn in clean-energy subsidies in 2023, according to a report. The North Yorkshire power plant, which burns wood pellets imported from North America to generate electricity, was revealed as Britain’s single largest carbon emitter in 2023 by a report from the climate thinktank Ember. – Guardian.