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Shire drug tests shows first ever effects on reducing prenatal complications
While a drug being tested by Shire failed to a treat a form of infant blindness as hoped, it instead demonstrated positive effects on severe complications related to lung and brain damage.
LSE-Deutsche Boerse tie-up may be on the ropes
Chances are the mooted tie-up between the London Stock Exchange and Deutsche Boerse will not go ahead as planned following the UK´s vote to leave the European Union, according to some financial market measures.
Theresa May: General Election and second referendum not on the cards
Home Secretary Theresa May officially announced on Thursday her intention to run for the leadership of the Conservative party and said that from her perspective, there would be no chance of an early general elction or a second referendum on the UK's relationship with the EU.
Lionsgate agrees to buy Starz for $4.4bn
Film and TV studio Lionsgate has agreed a takeover of cable broadcaster and programming producer Starz for $4. 4bn in cash and stock, the Hunger Games and Twilight producer said on Thursday.
Esure denies buyout report
Insurer Esure said on Thursday that it has not received an approach for the company.
Results round-up
Mercia Technologies reported a full year loss as it expanded its investment portfolio and was cautious about the uncertainty Brexit has bought to the technology investment industry.
US pre-open: Stocks to eke out gains; Bullard in focus
US futures pointed to a marginally higher open on Thursday as investors continued to assess the implications of the UK’s vote to leave the European Union.
Mercia Technologies' cautious about Brexit as revenues fall
Mercia Technologies reported a full year loss as it expanded its investment portfolio and was cautious about the uncertainty Brexit has bought to the technology investment industry.
Gove run for Tory leadership forces Johnson out of contest
The race to succeed David Cameron as leader of the Conservative Party and Prime Minister was blown wide open on Thursday when Justice Secretary Michael Gove made a surprise late bid for the contest forcing the favourite Boris Johnson to stand down.
Europe midday: Stocks turn higher; UK politics in focus
European stocks reversed opening losses to trade higher in choppy markets, with investors continuing to mull over the impact of Brexit as it emerged who would be running for Prime Minister in the UK.
Sprue Aegis reaches agreement over faulty batteries
Home safety products supplier Sprue Aegis announced on Thursday that it has reached agreement with its third-party Chinese battery manufacturer on a warranty claim.
Tau Capital narrows loss, struggles to offload last asset
Tau Capital posted its results for the 2015 calendar year on Thursday, revealing a total operating loss of $1. 04m - much narrower than the $6. 56m in 2014 - as it continued its attempts to offload its last remaining asset.
South Africa approves SABMiller's merger with AB InBev
The Competition Tribunal of South Africa has approved with conditions Anheuser-Busch InBev’s combination with SABMiller.
UBS slashes FTSE 100 and Stoxx 600 year-end targets on Brexit
UBS has slashed its year-end targets for the FTSE 100 and Stoxx 600 indices, and downgraded its forecasts for UK and eurozone growth in the wake of the UK’s vote to leave the European Union.
AB Inbev probe begins over rigging of Belgian beer market
As it looks to seal the acquisition of SAB Miller, Anheuser-Busch InBev will face an antitrust probe the European Commission over possible abuse of its dominant position in the Belgian beer market.
Turkey blames ISIS for Ataturk airport assault
Turkish president Recip Tayyip Erdogan has blamed Islamic State for the attack on Ataturk airport in Istanbul on Tuesday night where 42 people were killed and hundreds injured.
UK current account deficit remains near record high in first quarter
The UK’s current account deficit remained near a record high in the first quarter due to shortfalls in trade.
Eurozone inflation reappears in June
Inflation unexpectedly returned to the eurozone in June after a negative trend that stretched across three of the four prior month.
7 things which sum up Apple Music's first year
Apple Music celebrates its first birthday on Thursday as it plans to release its newest update, having set out the design during the recent WWDC event.
Stobart trucks higher on bumper dividend plans
Stobart Group pledged to hike the level and frequency of its already generous dividend after generating cash from an asset sale and seeing encouraging developments from its three divisions.