Headline News
China moves to spark housing market with offer to buy empty homes
The Chinese central bank moved again to help the struggling property sector on Friday by relaxing lending rules and offering to buy commercial real estate, as data showed house prices in major cities fell last month.
Eurozone inflation steady in April
Eurozone inflation was unchanged in April, as expected, according to figures released by Eurostat on Friday.
Sainsbury's enters five-year AI partnership with Microsoft
J Sainsbury announced a five-year partnership with Microsoft on Friday, aimed at enhancing customer and colleague experiences through artificial intelligence (AI).
GSK raises £1.25bn from sale of remaining Haleon stake
GSK said on Friday that it has sold its remaining 4. 2% stake in consumer health business Haleon, which it spun off in July 2022.
Unilever licks off first tranche of share buyback programme
Unilever announced the start of its €1. 5bn share buyback programme on Friday, kicking off the first tranche of up to €850m worth of shares.
Sirius Real Estate raises €59.9m in bond tap for acquisitions
Business park owner Sirius Real Estate said it had raised €59. 9m through a bond note issue to fund a “significant pipeline” of potential acquisitions.