Edition:
United Kingdom

Noor Zainab Hussain

UK Plc pension insurance deals to build on record year in 2019

16 Nov 2018

LONDON UK companies are expected to try and offload a record amount of risk linked to their pension schemes in 2019 as growth in life expectancy eases and interest rates rise, making deals more attractive for insurance firms.

Key AstraZeneca lung cancer treatment misses study goal

16 Nov 2018

AstraZeneca said on Friday its immunotherapy drug Imfinzi did not meet the main goal of improving survival rates for patients with the most advanced form of lung cancer, putting pressure on its shares.

UK builder Kier set to meet full-year expectations

16 Nov 2018

British builder Kier Group said on Friday it would meet its expectations for the full year on the back of a strong second half, suggesting that it was able to shrug off a hit to the construction sector from Britain's imminent exit from the European Union.

Britain's Smiths to spin off healthcare, focus on industrial technology

14 Nov 2018

British engineer Smiths Group plans to spin off its healthcare business to focus on industrial technology, two months after a 7 billion pound ($9.1 billion) deal to merge it with U.S.-based ICU Medical collapsed.

Euronext beats profit expectations, earnings from growth projects disappoint

12 Nov 2018

Euronext's acquisition of the Irish Stock Exchange and a higher number of companies listing helped the pan-European exchange beat quarterly profit estimates, although it warned some of its recent growth initiatives had failed.

Hiscox shares fall after it warns on slowing growth

05 Nov 2018

Hiscox on Monday warned of slowing growth in the final three months of the year, sending shares in the Lloyd's of London underwriter down almost 8 percent and eclipsing a rise in nine-month gross written premiums.

Cost cuts help drugmaker Indivior as it battles cheap rival

01 Nov 2018

Embattled drugmaker Indivior said on Thursday the hit to revenue this year from a cheap copy of its top-selling opium addiction drug would be less than feared, as cost cutting helped it to deliver a 22 percent rise in quarterly profit.

UPDATE 2-Cost cuts help drugmaker Indivior as it battles cheap rival

01 Nov 2018

* Shares give back early gains to trade lower (Adds details on the company's drugs, background, comments)

Britain approves CME's $5 billion NEX trading platform takeover

31 Oct 2018

Britain's competition watchdog on Wednesday cleared exchange group CME's 3.9 billion pound ($4.96 billion) deal to buy Michael Spencer's NEX trading platform.

UPDATE 2-UK's SFO says ex-Afren executives sentenced for fraud, money-laundering

29 Oct 2018

* Ex-CEO Shahenshah to appeal conviction- solicitor (Adds Shahenshah to appeal, SFO spokeswoman comment)

World News

Trump briefed on Khashoggi murder by CIA, Pompeo

U.S. President Donald Trump, while flying to California on Saturday, was briefed on the murder of Saudi journalist Jamal Khashoggi after a CIA assessment that Saudi Crown Prince Mohammed bin Salman ordered the killing, the White House said.