GSK sells rabies and ticks vaccines for nearly €1bn
The Aquafresh and Panadol drugs business GSK has sold two of its travel vaccines for up to €955m, the company has announced.
The Aquafresh and Panadol drugs business GSK has sold two of its travel vaccines for up to €955m, the company has announced.
Sterling fell as much as 0.5pc after Britain's parliament delayed a crucial vote on the government's new Brexit plan, while the dollar, which is on course for its worst month since...
European shares opened slightly higher on Monday, indicating that investors remained hopeful that Britain would be able to avoid a disorderly exit from the European Union, even as British...
Just Eat has posted rapidly growing sales in the third quarter despite a backdrop of "softer consumer spending".
Online fashion giant Asos has seen a 13pc jump in sales to £2.73bn (€3.2bn), although pretax profits plunged 68pc to just £33.1m (€38m) in the year to August 31 in a year that has seen two profit warnings.
The UK published a revised temporary tariff regime on Tuesday to come into force if it leaves the European Union without a deal, saying that 88pc of total imports by value would be eligible for tariff free access.
Budget airline EasyJet has hailed solid trading in the final quarter as demand was driven higher by strikes at rival airlines Ryanair and British Airways.
Hong Kong Exchanges and Clearing (HKEX) has dropped its £32bn (€36bn) takeover approach for the London Stock Exchange Group (LSE).
HSBC Holdings is planning to cut up to 10,000 jobs, more than 4pc of its workforce, as interim chief executive officer Noel Quinn seeks to reduce costs across the banking group, the Financial Times reported on Sunday.
Ted Baker has slumped to a £23m (€25.8m) loss in the six months to August 11, as bosses said restructuring the fashion brand's Asia businesses, heavy promotions in the UK and the scandal that led to the resignation of founder and chief executive Ray Kelvin all took their toll.
Dixons Carphone said it was "on track" with trading for the year despite being weighed down by continued heavy decline in its loss-making mobile business.
European stocks were slightly lower in early trading on Thursday, as fears of a global recession and the impact of a disorderly Brexit kept investors away from risky assets.
The pound fell nearly 1pc against the US dollar and euro following reports that Prime Minister Boris Johnson will ask the Queen to suspend parliament shortly after MPs return in September.
European shares were trading lower in early deals on Wednesday, led by losses in technology stocks, as fears that major economies might be on the brink of recession intensified.
A group of philanthropies working with Facebook to study the social network's impact on democracy threatened on Tuesday to quit, saying the...
A slide in China's exports picked up pace in September while imports contracted for a fifth straight month, pointing to further weakness in the economy and underlining the need for more stimulus as the Sino-US trade war drags on.
Britain's exporter-heavy FTSE 100 lagged a trade sentiment-induced rally in global stocks on Friday, as hopes that a Brexit deal may be clinched by the end of the month lifted the pound and hit international firms.
Fast-fashion retailer Quiz has stumbled to lower sales in the first half of the year on the back of "very challenging" high street conditions.
European Union finance ministers agreed to remove the United Arab Emirates (UAE) and Switzerland from the bloc's lists of countries deemed to be acting as tax havens, according to a statement on Thursday.
Ladbrokes owner GVC Holdings has said online gaming growth means the gambling firm's earnings for 2019 will be higher than previously forecast but held firm on plans to shut 900 stores over the next two years.
Supermarket giant Tesco has said chief executive Dave Lewis plans to step down next summer.
London's FTSE 100 fell for the fifth straight session on Thursday as profit warnings from tobacco firm Imperial Brands, Aer Lingus owner IAG and education company Pearson weighed down the blue-chip index.
Sofa chain DFS Furniture has reported a 31pc hike in underlying annual profits but cautioned over "subdued" recent trading amid Brexit uncertainty and a slowdown in the housing market.
JD Sports has defied the high street gloom by revealing a 10pc jump in like-for-like sales in the UK and Ireland for its stores.
German industrial orders fell more than expected in July on weak demand from abroad, data showed on Thursday, suggesting that struggling manufacturers could tip Europe's biggest economy into a recession in the third quarter.
London-listed stocks pushed European shares lower in early dealings on Tuesday, but signs of easing trade tensions between United States and China limited market losses.
Technology stocks led a tumble in European equities in early deals on Monday as investors fled from riskier assets after another exchange of blows by the United States and China over trade at the end of last week.
Nearly 100 companies have relocated from Britain to the Netherlands or set up offices there to be within the European Union due to the United Kingdom's planned departure from the bloc, a Dutch government agency said on Monday.
Ted Baker's finance director is to leave the company after 17 years to join luxury brand Mulberry.
European shares traded close to flat on Thursday as upbeat surveys on Germany and the euro zone offset signs that US policymakers had not intended to start a cycle of interest rate cuts with last month's move.
Discount supermarket Aldi has been crowned Ireland's top brand for reputation and value in research from polling group YouGov.
European shares rebounded from the previous session's sharp falls on Wednesday, with brokers pointing to an Italian report on continuing merger talks between Fiat Chrysler and Renault as pushing car industry shares higher.
Hammerson, which owns half of the Dundrum Town Centre, has appointed AIG executive James Lenton as its new finance chief, months after saying Timon Drakesmith would step down from the role this year.
Euro zone rates edged lower on Tuesday as markets continued to focus on the prospect of fiscal stimulus in Germany and verbal easing from ECB policymaker Olli Rehn.
The administrators of Harland and Wolff in Belfast have allowed further time to explore potential rescue deals for the famous shipyard.
Ted Baker has ended its relationship to create and sell clothes and accessories for children with Debenhams, opting to work with Next for five years instead.
Ladbrokes owner GVC pushed its profit forecasts higher as its UK high street stores performed strongly despite the clampdown on Fixed Odds Betting Terminals (FOBTs).
Holiday giant Tui has reported a 46pc plunge in underlying earnings after taking a hit from the grounding of Boeing's 737 Max 8 aeroplane.
Troubled travel company Thomas Cook is in advanced talks to raise £150m (€161m) from bondholders after making "progress" over the terms of a rescue deal.
The UK's economy shrank for the first time since 2012 in the second quarter of this year, as the manufacturing and construction sectors both slumped.
China's exports unexpectedly returned to growth in July on improved global demand despite escalating US trade pressure, but the rebound may be short-lived as Washington prepares to slap even more tariffs on Chinese goods.
David Wild, chief executive of Domino's Pizza, and chairman Stephen Hemsley have both announced they plan to quit the company, the takeaway business has revealed.
Fast fashion online retail giant Boohoo confirmed it has made an offer to buy high street brands Karen Millen and Coast from Icelandic bank owners Kaupthing, but said the bid "may or may not result in agreement of a transaction".
Global stocks extended already substantial losses on Tuesday, after Washington tagged China a currency manipulator, shaking fragile investor sentiment in a rapid escalation of the US-China trade war.
Luxury carmaker Aston Martin Lagonda has swung to a £78.8m (€86m) loss in its first half as it said the "more challenging global" economy was impacting the firm.
Irish government bond yield spreads over Germany hit their widest levels in over a month on Tuesday, as worries grow over the potential impact of a no-deal Brexit on Europe in general and Ireland in particular.
China's Huawei Technologies said on Tuesday revenue in the first half of the year grew 23.2pc - faster than a year ago - despite an intense United States campaign against it that ultimately became a trade ban from mid-May.
Greggs, the British baker and food-on-the-go retailer, posted a 58pc rise in first-half profit on Tuesday, driven by a boost to sales from the popularity of its vegan sausage rolls.
German airline Lufthansa has posted a decline in second-quarter earnings, hurt by price competition on short-haul routes and rising fuel costs, adding the European market would likely remain challenging until at least the year’s end.
Amsterdam-based online food delivery firm Takeaway.com has agreed to buy Just Eat in an all-share deal valuing the combined group, which will be one of the sector's largest, at about £8.2bn (€9bn).
Nissan said on Thursday it would slash 12,500 jobs globally by 2022 and cut output to rein in costs as it suffers from sluggish sales and rising costs and tries to recover from a scandal surrounding ousted chairman Carlos Ghosn.
Guinness owner Diageo has posted a rise in profits for the year as the gin boom continued to drive sales growth in the UK.
ITV has reported a fall in revenues and earnings for the past six months, despite hailing a strong performance by Love Island.
A wave of central bank easing and positive soundings from the earnings season buoyed world stocks on Tuesday, while Britain's pound fell before the expected confirmation of hard-Brexit advocate Boris Johnson as the country's prime minister.
Tonic maker Fevertree fizzed to sales and earnings growth in the first half of the year, despite being weighed down by gloomy UK weather.
Core European government bond yields steadied on Monday after posting their biggest weekly drop in seven weeks as investors consolidated positions before a central bank policy meeting this week where policymakers might unveil plans of more rate cuts.
German 10-year bond yields were set for their biggest weekly drop in seven weeks on Friday, while Italian yields were set for a seventh straight week of declines as expectations for central bank easing bolstered euro zone bond markets.
Aviation manufacturer Boeing has said it is booking a $4.9bn (€4.4bn) charge to cover possible compensation to airlines that have cancelled thousands of flights since the 737 Max jet was grounded after two deadly accidents.
Ross McEwan, outgoing chief executive of the Royal Bank of Scotland, has been appointed the next boss of the National Australia Bank, the companies have announced.
British online fashion retailer Asos warned on profit for the third time in eight months on Thursday, blaming operational issues as it overhauls its warehouses in the United States and Europe.
Amazon on Wednesday became the target of an antitrust investigation by the European Union over its use of merchants' data, underlining the increasing regulatory scrutiny over how tech companies exploit customers' information.
US online retailer Amazon said on Wednesday that it would cooperate fully with EU antitrust regulators investigating its use of merchants' data.
A coalition of British industry groups and education bodies, worried by the prospect of Brexit worsening skills and labour shortages, has called for the next prime minister to relax proposed reforms of the immigration system.
Renault has formed a joint venture partnership with Jiangling Motors Corporation Group (JMCG) to target the Chinese electric vehicles market, in a deal which will also see Renault take a 50pc stake in the new venture.
Philip Green's fashion empire Arcadia Group said on Tuesday it received applications from legal entities of US-based property group Vornado challenging two of its seven planned Company Voluntary Agreements (CVAs).
The pound sank to a six-month low against the euro on Tuesday after a debate between the two candidates vying to be Britain's next prime minister re-ignited worries about a no-deal Brexit.
Luxury fashion label Burberry benefited from the weak pound as tourists flocked to its UK stores to snap up new designs by its creative director Riccardo Tisci, the company said.
China's economic growth slowed to 6.2pc in the second quarter, its weakest pace in at least 27 years, as demand at home and abroad faltered in the face of mounting US trade pressure.
Sports Direct has delayed publishing its annual results, blaming problems integrating its purchase of House of Fraser stores and increased scrutiny of its accounts, adding this could affect its financial forecasts.
Ireland has today borrowed €1bn at an all-time-low as bond investors prepare for a renewed transatlantic stimulus boost.
Peter Bellew, Ryanair's chief operations officer, is stepping down from the group at the end of December.
Bjoern Kjos stepped down on Thursday as chief executive of Norwegian Air, the airline said on Thursday.
The euro held near a three-week low against the dollar on Wednesday as investors trimmed expectations of aggressive rate cuts from the US Federal Reserve later this month, pushing US Treasury yields and the greenback higher.
JD Wetherspoon has posted a solid rise in sales, bucking the trend in a pub market struggling to beat last year's World Cup summer.
The UK's biggest housebuilder Barratt Developments has upped its full-year earnings outlook after it said completions have surged to an 11-year high.
Whole teams within Deutsche Bank AG have been told their positions were gone on Monday, as the lender began axing 18,000 jobs globally in one of the biggest overhauls to an investment bank since the aftermath of the financial crisis.
British Airways is set to be fined more than £183m (€204m) by the UK’s Information Commissioner's Office over a customer data breach, the company said.
Jaguar Land Rover is making a multi-million pound investment to build electric vehicles in Britain, in a major boost for the UK government and a sector hit by the slump in diesel sales and Brexit uncertainty.
Aer Lingus and Iberia owner IAG said on Friday it was not interested in Norwegian Air, responding to a Spanish media report that it was planning to make an offer for the budget carrier.
Italy's government bond yields were set on Friday for their best week in over a year thanks to heightened expectations of European Central Bank monetary easing soon and relief that Rome has avoided EU disciplinary action over its fiscal position.
Amazon and Deliveroo are under investigation by the UK competition watchdog following the US giant buying a significant stake in the food delivery platform.
Penneys owner Associated British Foods (ABF) has reported revenue growth in the financial year so far, on the back of a jump in sales for the value fashion retailer.
JD Sports has said it is on track to at least match its profit expectations for the year, on the back of a raft of new store openings.
US real estate services firm CBRE has agreed to buy London-focused housebuilder Telford Homes in a deal worth £267.4m (€299m).
Euro zone bond yields hit new record lows on Wednesday after a decision by European Union leaders to pick France's Christine Lagarde as next European Central Bank chief reassured markets that the central bank's dovish stance would remain in place.
Trainline, which headed by Dublin woman Clare Gilmartin, reported a 20pc jump in sales for the past three months in its first trading update since floating on the stock market last month.
Five of the biggest gambling companies in the UK have committed to a series of measures to address problem gambling, including a major increase in funding for addiction, following criticism from the UK government.
DP World, one of the world's largest port operators, has snapped up Dubai-based offshore vessel business Topaz in a deal worth £1.1bn (€1.2bn).
The European Union proposed on Thursday easing restrictions on imports of some food from Japanese regions hit by the Fukushima nuclear disaster in 2011, Japanese officials said.
Betting companies in the UK have paid out £19.6m (€21.8m) in penalties over the course of a year for failing to protect problem gamblers and stop money launderers.
Ryanair will change the way it conducts a €700m share buyback programme due to fears over a no-deal Brexit, the company said.
Norwegian oil and gas rig operator Dolphin Drilling said it would file for bankruptcy on Wednesday after failing to reach a deal with creditors, falling victim to a prolonged downturn in the oil services sector.
Union officials in the UK have described Kerry Foods' planned closure of its factory in Burton-on-Trent, with the loss of 900 jobs, as a "crushing blow" for the area.
Fashion chain New Look has reported widened pre-tax losses of £522.2m (€584m) for the year to March 30, against losses of £190.2m (€213m) the previous year.
A profit warning from Mercedes-Benz maker Daimler dampened European stock markets early on Monday, as investors looked for direction to a keenly awaited G20 summit this week that brings US and Chinese leaders together after a long lull in talks.
European stocks rose to six-week highs in early deals on Thursday, as signs Brussels will hold off on disciplinary action over Italy's budget added to the latest signals of monetary stimulus on the way from the world's big central banks.
Premier Inn owner Whitbread has said UK accommodation sales dropped 4.6pc in its first quarter as Brexit uncertainty hit demand for hotel stays.
After much rumour, Facebook has officially revealed details about its cryptocurrency, which it is aiming to launch next year, working with a number of key players in finance and beyond.
London's Gatwick Airport has reported a 7.3pc rise in annual underlying earnings to £441.4m (€495m) as it saw passenger numbers rise to 46.4 million.
Technology shares led European shares lower on Friday after US chipmaker Broadcom warned of a broad slowdown in demand due to trade tensions and the US ban on Chinese tech and mobile phone company Huawei Technologies.
European Union finance ministers failed to agree in overnight talks on Thursday and Friday on some of the key features of a future euro zone budget and decided to continue discussions in the coming months, a euro zone official said.
Philip Green has rejected suggestions that his Arcadia retail empire came close to collapse before a restructuring plan was clinched with regulators and landlords.
Supermarket giant Tesco has reported Republic of Ireland like-for-like sales growth of 1.3pc for its first quarter to May 25.
Online fashion retailer Boohoo has posted a 39pc jump in sales to £254.3m (€285m) for its first quarter to May 31.
Consumer giant Reckitt Benckiser, which owns brands such as Cillit Bang and Gaviscon, has announced the appointment of Laxman Narasimhan as its new chief.
The European Union should allow Italy to cut tax and invest in the green economy to boost the country's economy, Deputy Prime Minister Luigi Di Maio said on Monday.
Asian shares, European and US stock futures rose on Monday after the United States shelved plans to impose tariffs on Mexico and as global investors hoped for lower US interest rates on the back of lacklustre jobs data.
The Bundesbank slashed its growth projections for Germany on Friday, saying industrial groups in the euro zone's biggest economy would suffer from weak demand through the rest of the year.
The European Central Bank pushed back the timing of its first post-crisis interest rate hike again on Thursday and said it would continue paying banks for lending in its latest effort to revive a slowing euro zone economy.
Ford said it would close its plant in Bridgend, south Wales, next year because of falling demand for some if its engines, putting 1,700 jobs at risk in a further blow to Britain's once booming car industry.
Shares in carmakers Renault and Fiat Chrysler (FCA) both fell sharply on Thursday after Fiat Chrysler abandoned its $35bn (€31bn) merger offer.
The European Commission will launch disciplinary procedures against Italy on Wednesday with a letter stating that Rome's fiscal policies lack prudence and could expose the nation to a shock loss of market confidence, newspaper La Repubblica said.
Royal Dutch Shell is set to hand out $125bn (€111.5bn) in dividend payments to shareholders over four years, the company said.
Tesco Bank is to sell off its mortgage portfolio after halting new lending, in a move which could affect more than 23,000 customers.
Ambrose Loughlin and Stephen Rae have been appointed to the board of Shannon Group.