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Latest News
29 Aug
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GSK's RSV vaccine gets expanded approval in Europe

GSK announced on Thursday that the European Commission had granted approval for Arexvy, a respiratory syncytial virus (RSV) vaccine, to be used in adults aged 50 to 59 who were at heightened risk of severe RSV-related illness.

29 Aug
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Hunting H1 revenue and profits grow, secures 'significant' North Sea contracts

Precision engineering firm Hunting said on Thursday that both revenue and profits had grown in the six months ended 30 June as its order book rose to record levels.

29 Aug
Europe open: Shares up as investors mull Nvidia results, await German CPI

European shares opened higher on Thursday as investors awaited flash inflation numbers from Germany and regular eurozone sentiment data and also mulled the impact of earnings overnight from chip giant Nvidia.

29 Aug
Pernod Ricard to return to growth this year but predicts "soft" Q1

Pernod Ricard said it expects to return to organic growth this new financial year after small dip in sales in the 12 months to 30 June, but that first-quarter trading would be held back by inventory reductions and a "very weak" environment in China.

29 Aug
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Gem Diamonds lifts output guidance as H1 profits more than double

Underlying profits at Gem Diamonds more than doubled in the first half as increases in production, as well as the number of larger gemstones recovered, was able to offset a dip in the average price per carat.

29 Aug
Greencore extends buyback by £10m

UK convenience food supplier Greencore Group said it was extending its current share buyback programme by £10m resulting in a total maximum of £40m being allocated.

29 Aug
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Tastytrade co-founders Sosnoff and Sheridan sell 6.5m shares in IG Group

Jefferies said late on Wednesday that Tom Sosnoff and Scott Sheridan had sold 6. 5m IG Group shares in a placing to a limited number of institutional investors.

29 Aug
PPHE profits up despite art'hotel delays

Hotels group PPHE posted a jump in half-yearly profits and held guidance despite supply chain issues holding up full openings of new art’hotel properties in London and Rome.

29 Aug
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Grafton Group launches £30m buyback as first-half profits fall

Grafton Group has unveiled a £30m share buyback as the building materials distributor and DIY retailer shows confidence in its full-year outlook despite a dip in profits and cashflow in the first half of 2024.

29 Aug
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London pre-open: Stocks seen higher as investors mull Nvidia results

London stocks were set to rise at the open on Thursday as investors mulled results from US chip maker Nvidia overnight.

29 Aug
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Ofgem closes probe into Drax reporting data

Ofgem has closed its probe into the biomass profiling data of Drax after investigating whether or not the power station group failed to meet sustainability criteria of so-called Renewable Obligation Certificates (ROCs).

29 Aug
PPHE profits jump, EU approval for GSK's RSV vaccine expands

London open The FTSE 100 is expected to open 10 points higher on Thursday, having closed down 0. 02% on Wednesday at 8,343. 85.

29 Aug
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Thursday newspaper round-up: Energy bills, Qantas, CrowdStrike

Ministers have committed to help households struggling with their gas and electricity bills this winter after energy industry bosses warned that consumer debt had climbed to more than £3bn. With Labour under fire for scrapping universal winter fuel payments to pensioners, ministers met energy industry bosses on Wednesday to discuss ways of supporting struggling households through the coming colder months. – Guardian.