United Kingdom

Pushkala Aripaka

Food fight: UK regulator probes Takeaway.com's takeover of Just Eat

24 Jan 2020

Britain's competition watchdog will probe Takeaway.com's buyout of Just Eat , possibly delaying completion of the multi-billion dollar deal to create one of the world's largest meal delivery companies.

SIG slumps as construction weakness leads to fresh profit warning

09 Jan 2020

SIG Plc shares tumbled as much 26% on Thursday as the building materials supplier warned on 2019 profit for the second time in three months, after December sales were hit by a long-running weakness in European construction markets.

NMC Health, Finablr stocks tumble after major investors dump shares

08 Jan 2020

Shares in NMC Health and Finablr plunged on Wednesday after two major shareholders launched a discounted share sale in the London-listed groups, weeks after NMC was hit by a short-selling attack by U.S. firm Muddy Waters.

Aston Martin shaken and stirred as rivals power ahead

07 Jan 2020

Aston Martin warned its 2019 profits would almost halve due to weak European markets, sending its shares sharply lower as rivals Bentley and Rolls-Royce powered ahead. | Video

Power suppliers to pay £10.5 million fine for UK outage in August

03 Jan 2020

LONDON Britain's energy regulator said on Friday it has fined three electricity suppliers a total of 10.5 million pounds for a power outage last August which affected one million customers and caused transport chaos.

AstraZeneca, Merck score win with Lynparza approval for pancreatic cancer

30 Dec 2019

AstraZeneca and Merck's ovarian cancer drug Lynparza has received U.S. regulatory approval for the treatment of advanced pancreatic cancer, cementing its lead in a niche category of cancer treatments.

Amazon's Deliveroo deal faces in-depth UK competition probe

27 Dec 2019

Britain's competition regulator is launching an in-depth investigation into Amazon.com Inc's purchase of a stake in online food delivery group Deliveroo after the companies failed to assuage its initial concerns.

Shell writes down up to $2.3 billion on weaker economic outlook

20 Dec 2019

Royal Dutch Shell said on Friday it expected to write down up to $2.3 billion in the fourth quarter, the latest major energy company forced to shrink estimates for sector values due to a weaker economic outlook. | Video

World News

China virus death toll rises to 41, more than 1,000 infected

China confirmed another 15 deaths in the province at the centre of the deadly coronavirus outbreak that has now infected more than 1,000 people globally, highlighting the challenges for health authorities around the world working to prevent a global pandemic.