Company News
Boohoo gets lender consent for latest fundraising efforts
Online fashion retailer Boohoo Group announced on Monday it has secured lender consent for its latest fundraising effort, following earlier announcements detailing an oversubscribed placing, subscription, and retail offer on 14 and 18 November.
Europe open: Stoxx up with UniCredit bid for BPM in focus
European shares opened higher on Monday, extending gains from Friday, with bank stocks in focus after Italy’s UniCredit offered to buy rival Banco BPM for around €10bn.
GSK's Blenrep treatment accepted for review by FDA
Pharma titan GSK has announced that US regulators have accepted for review Blenrep combinations for the treatment of relapsed or refractory multiple myeloma.
AstraZeneca reports positive results from prostate cancer trial
AstraZeneca announced positive results from a phase three prostate cancer trial on Monday, reporting that its AKT inhibitor ‘Truqap’, or capivasertib, in combination with abiraterone and androgen deprivation therapy (ADT), significantly improved radiographic progression-free survival (rPFS) in patients with PTEN-deficient metastatic hormone-sensitive prostate cancer (mHSPC).
IHG to provide Chase credit cards to US loyalty members
Hotels group InterContinental has signed a new agreement with JPMorgan Chase Bank to launch new co-branded credit cards to its IHG One Rewards scheme members in the US.
Rentokil appoints Paul Edgecliffe-Johnson as CFO
Rentokil Initial said on Monday that it has appointed Paul Edgecliffe-Johnson as chief financial officer with effect from 1 January 2025.
Anglo American sells steelmaking coal unit to Peabody for $3.77bn
Anglo American has agreed to sell its portfolio of steelmaking coal mines that it operates in Australia to Peabody Energy for $3. 77bn in cash as part of its pivot to be a copper, premium iron ore and crop nutrients business.