Headline News
Bank holidays help UK retail sales inch higher in May
UK retail sales inched higher in May, staging a minor rebound after a disappointing performance in April, according to figures out on Tuesday from the British Retail Consortium and KPMG.
Moody's lifts 2024 China growth forecast
Moody’s lifted its 2024 growth forecast for China on Monday to 4. 5% from 4% as it pointed out that first-quarter growth was boosted by trade and manufacturing activity.
GSK shares slump as US judge says experts can testify in Zantac cases
GSK shares were down almost 10% on Monday after a US court ruled that jury trials could hear expert witnesses in 70,000 cases brought by cancer sufferers claiming its Zantac heartburn drug caused their condition.
UK manufacturing sector returns to growth in May
The UK manufacturing sector returned to growth in May, with output growing at the fastest pace in more than two years, according to a survey released on Monday.
Baltic Classifieds slumps as Antler sells 40m shares in placing
Baltic Classifieds slumped on Monday after Antler, which is controlled by funds advised by Apax, sold 40m shares in a placing.
China manufacturing PMI ticks up more than expected - Caixin
Activity in China's manufacturing sector grew in May at the fastest rate in two years, according to data released on Monday.
UK private sector tentatively optimistic as economy stabilises - CBI
Private sector activity stabilised in May, industry research showed on Monday, with further growth forecast for the months ahead.