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Profits shine at Gem on higher diamond prices
Specialist producer Gem Diamonds reported improved annual profits on Thursday, after prices strengthened in the second half. The London-listed firm, which owns…
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Glaxo, Vir stop Covid trial early after drug shows 85% efficacy
Drug companies GlaxoSmithKline and Vir Biotechnology have been advised to finish a final trial of their Covid-19 drug early due to its…
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Renewi upgrades earnings forecasts, shares jump
Renewi expects full-year earnings to be “significantly” ahead of forecasts, the recycling specialist said on Thursday, boosting the shares. London-listed Renewi, which…
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London midday: Stocks turn lower as investors eye ECB; ex-divs weigh
London equity markets had moved into the red by midday on Thursday as investors eyed the latest policy announcement from the European…
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HSBC pledges to end coal financing under shareholder pressure
HSBC has pledged to phase out financing of coal by 2040 under pressure from a $2.4trn coalition of shareholders. The bank has…
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Sosandar to join forces with M&S as retailer boosts brand offering
Women’s fashion brand Sosandar has agreed a partnership with Marks & Spencer, part of a concerted effort by the high street retailer…
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Denmark halts AstraZeneca jab over blood clot concern
Denmark has suspended use of AstraZeneca’s Covid-19 vaccine after a Danish person was one of several cases of blood clots among vaccinated…
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Asia report: Most markets higher as Democrats pass US stimulus
Most markets in Asia finished in positive territory on Thursday, with stocks in China and Korea leading the gains, following a solid…
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Volution sees FY earnings ahead of market expectations
Volution posted a rise in interim profit and revenue on Thursday as it said full-year earnings are set to be ahead of…
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John Lewis plunges to annual loss, warns of further store closures
John Lewis & Partners has plunged to a record £517m annual loss and warned of further store closures after enduring “one of…
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