German industrial production unexpectedly falls in July
German industrial production fell unexpectedly in July, dragged lower by a sharp drop in automotive output, according to figures from the Federal Statistics Office on Monday.
German businesses drive H1 profit, revenue at Gamma Communications
Gamma Communications posted a rise in first-half profit and revenue on Monday, underpinned by strength in its German businesses.
London open: FTSE dips amid higher oil prices
London stocks dipped in early trade on Monday, with oil prices higher as tensions between the US and Iran ramped up, and as investors continued mull last week’s blowout US non-farm payrolls report.
Europe open: Shares down, oil up as US-Iran attacks on shipping continue
European shares were lower and oil prices rose at the open on Monday as the US and Iran continued military exchanges on vessels in the Strait of Hormuz.
AstraZeneca's breast cancer drug granted accelerated approval in the US
Drugmaker AstraZeneca said on Monday that its breast cancer drug Etcamah (camizestrant), used alongside a CDK4/6 inhibitor, has been granted accelerated approval in the US for patients with a common form of advanced breast cancer who show signs of developing resistance to standard hormone therapy.
Standard Life interims beat forecasts
Standard Life posted a stronger‑than‑expected 25% jump in first‑half profit, lifted by solid new business flows and buoyant demand in the pension‑risk transfer market.
UK annual house prices fall in August for first time since November 2023
UK annual house prices fell in August for the first time since November 2023 as the market remained subdued, according to the latest data from Lloyds.
Spire Healthcare agrees to £1.03bn takeover
Spire Healthcare has agreed to be taken over by Tulip UK Bidco, a new company which comprises investment firm Toscafund, London-based private equity firm Three Hills and US investment manager Ares, for £1. 03bn.
London pre-open: Stocks seen flat; UK house prices see first annual drop since 2023
London stocks were set for a flat open on Monday as investors mulled the latest UK house price data and as oil prices continued to rise.
AstraZeneca's breast cancer drug gets accelerated US approval, Spire Healthcare agrees to £1.03bn takeover bid
LONDON PRE-OPEN The FTSE 100 was expected to open 18. 3 points lower ahead of the opening bell on Monday, after wrapping up the previous session flat at 10,831. 09.
Monday newspaper round-up: JLR, family-owned manufacturing businesses, airline passengers
Professional designers should not feel “threatened” by the rapid growth of generative AI, according to business leaders, despite fears over job losses in the sector. With design and film production companies and manufacturers all adopting AI at an accelerating pace, industry bodies said the technology would be used to enhance the work of designers rather than replace them. – Guardian.