Headline News
Sector movers: Investors breathe sigh of relief after volatile week
Stocks finished a rough and tumble week on the up as markets at least stabilised following the volatility storm of the previous weekend.
Bellway sees return to growth in 2025 as mortgage rates fall
UK house builder Bellway on Friday said it expected to return to growth in fiscal 2025 if market conditions remain stable, as the recent cut in interest rates and higher wages helped to fuel demand.
Hargreaves Lansdown reports record full-year AuA, consortium tables final offer
Hargreaves Lansdown posted record assets under administration and a big increase in net new business for the full-year.
Merck to buy drug targeting B-cell diseases for up to $1.3bn
Merck said on Friday that it has agreed to buy biotech firm Curon’s CN201, a novel investigational clinical-stage bispecific antibody for the treatment of B-cell associated diseases, for up to $1. 3bn.
Shein looking to open UK warehouse - report
Chinese fast fashion giant Shein is reportedly preparing to open its first British warehouse in preparation for a £50bn listing on the London Stock Exchange.
TBC Bank upbeat on solid first-half results
Georgia-based TBC Bank reported robust second-quarter and first-half results on Friday, with significant year-on-year growth in profits and returns on equity (ROE).
China CPI ticks up more than expected in July
Consumer price inflation accelerated more than expected in July, according to figures released on Friday by the National Bureau of Statistics.