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News
ab dynamics

AB Dynamics shares rise 5pc on revenue increase

Automotive testing system manufacturer AB Dynamics (LON:ABDP) reported a steep rise in revenue over the last half of the year, sending shares up 5.5...
philips

2018 “started well” for Philips, despite 27pc hit to profits

Electronics giant Philips (AMT:PHIA) reported a 27 percent drop in first quarter profits on Monday morning, as the company starts streamlining into a high-end...
shire

Shire reject Takeda bid as Allergan backs away

The bidding war for pharmaceutical company Shire (LON:SHP) took another unexpected turn last night, with Dublin-based Allergan U-turning on its interest in the company. Shire...
royal mail

Royal Mail CEO Moya Greene to step down

Royal Mail (LON:RMG) has announced that its chief executive officer, Moya Greene, will retire in September, to be replaced by the boss of the...
st james place

UK inflation falls to one-year low

UK inflation unexpectedly fell to 2.5 percent in March, marking the lowest in level in a year. UK inflation fell from 2.7 percent record in...
JD Wetherspoon

Wetherspoons to quit all social media

JD Wetherspoon (LON: JDW) has announced that it is quitting all social media including Facebook (NASDAQ: FB) and Twitter (NYSE: TWTR). The move comes in response...
spending

Househould spending drops to weakest level since 2012

Household spending fell to its weakest level since 2012 during the first quarter of the year, as poor weather and waning consumer confidence discouraged shoppers from spending...
indivior

Servier buys Shire arm for £2.4 billion

FTSE 100 biotech company Shire (LON:SHP) has made a $2.4 billion deal with international pharmaceutical company Servier for the sale of its Oncology business. Shire...

Sir Martin Sorrell steps down from WPP after misconduct allegations

Shares in advertising agency WPP (LON:WPP) sunk over 5 percent at market open on Monday, after its chief executive announced his resignation over misconduct...

London Stock Exchange confirms David Schwimmer as new chief

The London Stock Exchange named ex-Goldman Sachs banker David Schwimmer as its new CEO, after Xavier Rolet stepped down in November. Schwimmer has spent the...