Headline News
German inflation edges up to 2.4% in April
German inflation registered a slight rise in April as food prices rose while energy costs fell less than expected, according to preliminary data published on Monday.
Gatemore calls on Elementis to replace CEO
Activist investor Gatemore Capital Management said on Monday that Elementis was an attractive company that has "lost its direction" as it called for the chief executive to be replaced.
Blackstone ups bid for Hipgnosis with $1.57bn offer
Music rights owner Hipgnosis said it it agreed terms on a $1. 57bn (£1. 26bn) takeover by private equity investor Blackstone, in the latest tit-for-tat battle with rival Concord.
Petrofac delays results, says it may need to convert existing debt to equity
Petrofac tumbled on Monday as it announced a delay to the publication of its full-year results and said it may have to convert a significant proportion of its existing debt to equity.
N Brown chairman Ron McMillan to retire
N Brown said on Monday that chairman Ron McMillan will be retiring and stepping down from the board with effect from 30 April for personal reasons.
Supermarket Income REIT buys portfolio of Carrefour supermarkets for €75.3m
Supermarket Income REIT said on Monday that it has bought a portfolio of Carrefour supermarkets in France through a sale and leaseback transaction for €75. 3m.
AstraZeneca makes progress with two breast cancer treatments
AstraZeneca issued favourable updates on two of its breast cancer treatments on Monday - ‘Truqap’, or capivasertib, and ‘Enhertu’, or trastuzumab deruxtecan - following encouraging results from respective phase three trials.
Demand for smaller homes pushes up house prices - Halifax
UK house prices jumped by nearly 2% over the last year, industry data showed on Monday, driven by demand for smaller homes.