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Breaking City News Headlines

Mediclinic approaches Spire about takeover -source

South African private hospitals operator Mediclinic International has approached Spire Healthcare about a deal to take full control of Britain's second-largest healthcare company, according to a person familiar with the matter.

REFILE-Airbus turmoil overshadows bid to rescue CSeries

Airbus's coup in buying a $6 billion Canadian jetliner project for a dollar stunned investors and took the spotlight off a growing ethics row last week, but internal disarray has raised questions over how smoothly it can implement the deal.

UK company profit warnings jump in third quarter-EY

The number of profit warnings issued by British companies jumped to 75 in the third quarter, the biggest quarterly rise in almost six years as economic pressures weighed on retailers and support service companies, business services group EY said on Sunday.

GlaxoSmithKline adult shingles vaccine wins U.S. approval

The U.S. Food and Drug Administration approved GlaxoSmithKline's Shingrix shingles vaccine for use in adults aged 50 and over, a move widely expected after an advisory panel to the agency last month voted unanimously to recommend its approval, the company announced on Friday.

UPDATE 3-Acacia-Tanzania proposed settlement on track -Barrick

Barrick Gold said on Friday a proposed mining settlement it negotiated with Tanzania for its Acacia Mining unit was not under threat, even though Acacia said it could not immediately make a $300 million payment included in the deal. Barrick, which owns 63.9 percent of