Full List Of Stories
Merck in global license agreement with Hansoh Pharma for weight-loss drug
Merck said on Wednesday that it has signed an exclusive global licensee agreement with Chinese biopharmaceutical firm Hansoh Pharma for weight-loss drug HS-10535.
Peel Hunt downgrades OSB Group, shares drop
OSB Group tumbled on Wednesday as Peel Hunt downgraded the shares to ‘hold’ from ‘add’ but lifted the price target to 414p from 395p.
Factory output falls at fastest rate since mid-2020 - CBI
Output volumes in the manufacturing sector fell in the quarter to December at the fastest pace since mid-2020, according to the latest Industrial Trends survey from the Confederation of British Industry.
FTSE 100 movers: IAG flies higher on broker note; National Grid falls
London’s FTSE 100 was flat at 8,193. 76 in afternoon trade on Wednesday.
London midday: FTSE maintains gains after UK inflation, ahead of Fed
London stocks were still firmer by midday on Wednesday as in-line UK inflation data added to expectations the Bank of England will hold rates this week, and as investors eyed a policy announcement from the Federal Reserve.
Shoe Zone cites Budget changes as it warns on profits, shares tank
Shoe Zone warned on profits on Wednesday and said it would be forced to close some stores due to changes announced in the Budget, sending shares in the retailer tumbling.
Jefferies hikes price target on BA and Iberia owner IAG
Jefferies hiked its price target on BA and Iberia owner IAG on Wednesday to 350p from 270p saying it expects the fourth quarter to deliver similar trends to Q3, driving confidence in the short-term macro and travel environment.
London open: FTSE edges up after UK inflation data, ahead of Fed
London stocks edged higher in early trade on Wednesday as the latest UK inflation figures met expectations, and as investors eyed a policy announcement from the US Federal Reserve.
London pre-open: Stocks to nudge up after UK inflation, ahead of Fed announcement
London stocks were set to nudge higher at the open on Wednesday as investors mulled the latest UK inflation figures and looked ahead to a policy announcement from the Federal Reserve.
Wednesday newspaper round-up: Amazon, Lloyds Banking, Heathrow
Amazon is to settle a group claim from delivery drivers that it deprived them of thousands of pounds, the Guardian has learned, ending a suit that lawyers had said could cost the company £140m. Drivers who deliver for the internet marketplace through its “delivery service partners” (DSPs) are classed as self-employed, meaning they are not entitled to benefits such as holiday pay and the minimum wage, while they also do not have an employment contract. – Guardian.