News

Trump looking into possibility of firing Fed's Powell: White House
US President Donald Trump and his administration are studying whether dismissing independent Federal Reserve Chair Jerome Powell is an option, his top economic aide said on Friday. "The president and ...
UK's Reeves says cutting ties with China would be "foolish"
(Alliance News) - The UK Chancellor has said it would be "foolish" to stop engaging with China. Rachel Reeves is due to hold talks with the US next week amid efforts to strike a trade deal, which the ...
GSK receives approval from UK MHRA for Blenrep combination
The London-based pharmaceutical company said Blenrep, or belantamab mafodotin, was approved for the treatment of adult patients with multiple myeloma in combination with bortezomib plus dexamethasone, ...
London midday: FTSE extends losses after Powell comments
(Sharecast News) - London stocks had fallen further by midday on Thursday after Federal Reserve chair Jerome Powell warned that Trump's tariffs could cause a spike in inflation. The FTSE 100 was down ...
Integrated Diagnostics expects margin recovery after profits rise 95%
(Alliance News) - Integrated Diagnostics PLC on Thursday said profit nearly doubled during 2024, and that it expects to see "further recovery in margins" throughout 2025. Integrated is a Cairo, ...
TRADING UPDATES: BP Marsh's new buyback; Iofina lowers production view
BP Marsh & Partners PLC - London-based private equity firm, investing in early-stage financial services businesses - Announces up to GBP2 million share buyback to be run by Singer Capital Markets.
SulNOx granted patent covering further eight African countries
(Alliance News) - SulNOx Group PLC on Thursday said it has secured a patent covering a further eight countries in Africa from the African Regional Intellectual Property Organization. The London-based ...
LONDON MARKET CLOSE: FTSE 100 outshines Europe after ECB lowers rates
(Alliance News) - London's FTSE 100 ended little changed on Thursday, outperforming European peers, as investors weighed an as expected interest rate cut by the European Central Bank.
Franklin Global Trust falls short of benchmark in "disappointing" year
(Alliance News) - Franklin Global Trust PLC on Thursday reported a "disappointing" total return during its most recent financial year, falling significantly short of its benchmark, but looks to the ...
GSK gets US advisory panel backing for RSV and Meningitis vaccines
Arexvy, already approved in over 60 countries, was supported by trial data showing safety and immune response in the 50–59 age group. GSK said more than 13 million adults in the US fall into this ...
Alphawave IP loss narrows despite revenue decline on contract delays
(Alliance News) - Alphawave IP PLC said on Thursday it saw a narrowed pretax loss and "record" high bookings during 2024, despite revenue declining on the delayed realisation of long-term contracts.
RC Fornax eyes higher UK defence spending as first half earnings rise
RC Fornax said its higher revenue in the first half of the year was generated from contracts with six customers. Four of the customers are in the top 10 suppliers to the Ministry of Defence and one is ...