GSK shares sink after FDA panel rejects Blenrep cancer drug, raising doubts over turnaround strategy. GSK (LSE: GSK) investors took a sharp knock on Friday after its much-hyped blood cancer drug, ...

The Burberry turnaround is very much in its opening chapters, but the worst of the sales collapse may be in the rear-view mirror. The next big test will be whether fresh collections can tempt shoppers ...

Gold rebounds as dollar eases but remains on course for weekly loss after strong US data. Gold (XAU/USD) prices rose on Friday, clawing back some of the previous session’s losses as the dollar ...

GSK was the standout laggard on the FTSE 100, sinking 6.2% after a US Food & Drug Administration advisory panel voted against approving its cancer drug Blenrep at the proposed dosage. Although the FDA ...

JLR slashes 500 UK jobs, blaming US tariffs and plunging sales in a tough global market. Jaguar Land Rover is culling up to 500 UK management jobs as the carmaker scrambles to offset damage from ...

The FTSE 100 rose 0.5% to 8,972.64, while the FTSE 250 gained 0.8% to 21,766.43. The AIM All-Share edged 0.4% lower. European markets mirrored the upbeat tone, with Paris’ CAC 40 closing 1.2% higher ...

Ocado jumped 11%, topping the FTSE 250, after swinging to a pro-forma first-half pretax profit of £607 million. This reflected accounting changes around its retail joint venture with Marks & Spencer.

Jet (LSE: EZJ) shares tumbled 8% on Thursday morning after the airline reported a solid third-quarter profit increase but warned of headwinds from strike-related costs. Headline pretax profit rose 21% ...

The upbeat update made Diploma the best performer on the FTSE 100 on Thursday morning, with the broader index up 0.5%. Full-year results are scheduled for release on 18 November.

Bitcoin holds firm despite Powell sacking rumours and ex-NCA officer jailed for stealing seized cryptocurrency.

Wise shares slump despite strong growth update, as investors eye lower margins and US listing. Shares in Wise (LSE: WISE) plunged 10% on Thursday morning after the money transfer company reported a ...

Gold had rallied after Bloomberg reported Trump was considering firing Powell amid frustration with the Fed’s reluctance to cut interest rates. But the mood cooled after Trump stated it was “highly ...