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Pushkala Aripaka

John Menzies swings to first-half loss as Europe weakness bites

13 Aug 2019

Aviation services group John Menzies swung to a first-half loss on Tuesday after weakness in Europe, lower cargo volumes and fallout from the global grounding of Boeing's 737 MAX jets hit its business.

Fashion retailer Boohoo seals Karen Millen, Coast deal

06 Aug 2019

Internet-based fashion group Boohoo has bought the online businesses of fashion chains Karen Millen and Coast, leaving a question mark over the fate of the two retailers' stores and concessions in Britain.

UPDATE 2-Majestic Wine sells units to Softbank's Fortress in online push

02 Aug 2019

* Fortress to buy retail and commercial units for 100 mln pounds

UPDATE 2-Virgin Money owner CYBG warns on margins as Brexit, competition take toll

30 Jul 2019

* Shares fall 8% (Adds analyst comment, details on PPI, share movement)

Bayer in frame to win first EU nod for high-precision cancer drug

26 Jul 2019

Europe's drug regulator has recommended approving Bayer's Vitrakvi, putting the medicine on track to become the first in Europe to tackle tumours with a specific genetic mutation regardless of where in the body the disease started.

AstraZeneca raises sales forecast after second quarter cancer drug, China boost

25 Jul 2019

AstraZeneca Plc raised its product sales forecast for 2019 on Thursday after second-quarter results beat analysts' expectations, thanks to strong sales from cancer medicines and emerging markets, especially China.

GSK raises 2019 earnings expectations after standout quarter for Shingrix

24 Jul 2019

GlaxoSmithKline beat second quarter profit expectations with the help of strong demand for its shingles vaccine, prompting the British drugmaker to forecast a smaller fall in profit this year than originally anticipated. | Video

Drugmaker GSK ends chairman search with HSBC's Symonds

24 Jul 2019

GlaxoSmithKline has appointed HSBC's Jonathan Symonds to succeed Philip Hampton as non-executive chairman, ending a six month search as the drugmaker prepares to split its businesses into two.

Aston Martin shares crash on European sales hit

24 Jul 2019

Aston Martin on Wednesday became the latest auto firm to report a hit to its business from a shaky European economic mood, cutting its 2019 volumes forecast after sales to dealers in the region fell by almost a fifth in the first half.

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