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London open: Stocks gain after US tech rally
ShareCast· 4 days agoLondon stocks rose in early trade on Wednesday, taking their cue from a tech rally on Wall Street, which saw the Nasdaq end 1.3% higher.
Nearly £5bn wiped off value of GSK as US restricts RSV vaccine jabs
This Is Money· 2 days agoNearly £5billion was wiped off the value of GSK after a top US health agency limited the scope of its blockbuster respiratory vaccine. In a further setback for the UK pharmaceutical giant, the ...
MARKET REPORT: £440bn wiped off Nvidia in share price bloodbath
This Is Money· 5 days agoShares in artificial intelligence chip designer Nvidia tumbled again last night – taking losses...
Shamed former LV boss Mark Hartigan ousted from latest venture
This Is Money· 3 days agoThe discredited former boss of LV who tried to sell the British mutual insurer to a US buy-out firm has been ousted from his latest venture after a similar plan to sell the business was rejected ...
Sales slump takes the sparkle off diamond miner De Beers
This Is Money· 3 days agoDe Beers - where Black Panther star Lupita Nyong'o (pictured) is a global ambassador - has struggled with a slump in sales and prices.
TV and tumble dryer boom lifts electrical gods firm AO World profits
This Is Money· 3 days agoOnline electrical goods firm AO World has enjoyed a near-tripling of profits after a long wet winter boosted sales of tumble dryers. The company, which has undertaken a massive cost- cutting ...
Fresh deals agreed as takeover frenzy intensifies
This Is Money· 1 day agoTwo London-listed companies have moved a step closer to foreign ownership after backing revised – but lower – takeover offers from overseas bidders. On...
Mixed views as UK recession escape recalculated
The Herald· 1 day agoUK gross domestic product (GDP) stagnated between March and April, ONS figures showed earlier this month. While services and production output rose significantly in the first quarter, there ...
Week ahead: US inflation data could bolster case for Fed rate cut in September
CityAM via Yahoo Finance UK· 7 days agoThe US Federal Reserve's preferred measure of inflation is expected to show its coolest monthly...
Royal Mail boss to scoop £5m from sale of Britain's postal service
This Is Money· 3 days agoThe boss of Royal Mail’s owner could rake in more than £5million from the sale of the postal service...