Headline News
Wood Group tanks as Sidara walks away
Wood Group tumbled on Monday after Dubai-based engineering and consultancy firm Sidara said it won’t be making a firm takeover offer for the company due to "geopolitical risks and financial market uncertainty".
BioNTech losses more-than-quadruple in second quarter
German pharmaceutical company BioNTech reported a sharp increase in losses for its second quarter on Monday, as it pivoted away from its Covid-19 vaccine business towards cancer drug development.
Hargreaves Lansdown extends takeover deadline again
Hargreaves Lansdown said on Monday that it has once again extended the deadline for a consortium led by CVC Advisers and the Abu Dhabi Investment Authority to make a firm offer for the investment platform.
Mars exploring acquisition of Pringles owner Kellanova - report
Food giant Mars is reportedly exploring a potential acquisition of snack maker and Pringles owner Kellanova.
UK services sector growth accelerates in July
Growth in the UK services sector accelerated in July, with the strongest upturn in demand since May 2023, according to a survey released on Monday.
Eurozone economy stalls in July
The eurozone economy stalled in July as demand for goods and services deteriorated, according to a survey released on Monday.
SocGen to sell Swiss, UK private banking arms to UBP in €900m deal
Societe Generale said on Monday that it has agreed to sell its Swiss and UK private banking arms to Union Bancaire Privée (UBP), a Swiss bank specialised in wealth and asset management, for around €900m (£770. 50m).
Senior confident after mixed first half
Senior reported what it called a “robust” set of interim results on Monday, despite mixed performances across some metrics.
Clarksons posts drop in interim profits but lifts dividend, backs FY outlook
Shipping services firm Clarksons reiterated its expectations for the full year on Monday even as it posted a drop in interim profit and revenue.
China services sector growth picks up in July - Caixin
Activity in China’s services sector picked up in July, according to a survey released on Monday.