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City of London
Tavistock surges 80% on wealth unit sale

Tavistock jumps nearly 80% after it agrees to sell wealth unit for £40m

James Hester
cancer research
iTeos soars 60% on GSK deal

iTeos Therapeutics surged around 60% after sealing a cancer drug deal with GlaxoSmithKline

James Hester
tap water pouring into glass
Danish cleantech company Aquaporin launches $81m IPO

Aquaporin estimates the total market it addresses will reach about $22bn in 2022

Andrei Chirileasa
India’s Reliance Power looks to raise $181m from parent firm

Anil Ambani’s Reliance Power plans to raise INR13.25bn from parent company to reduce debt

Vinu Lal
Industrial robots welding car
European stocks hit new highs as eurozone industry accelerates in April

The industrial production in the euro area went up 0.8% in April compared to March

Andrei Chirileasa
OIl rigs
Mid-cap oil stocks boosted by rising crude prices

Tullow Oil and Harbour Energy among winners as investors gain from rising oil prices

Neil Dennis

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Two new indices have been launched by the Korea Exchange
Korea Exchange launches two new indices

New indices allow focus on larger Korean corporate names

Debabrata Das
Israeli flag
Israel’s markets unfazed by the end of 12-years of Netanyahu

Political uncertainty as new Israeli coalition clings to single-seat majority

Neil Dennis
Frankfurt Airport terminal building
Frankfurt Airport Group share price hits 12-month high

Transport player Fraport reports strong cargo demand as share price hits 12-month high

Adrian Holliday
Toshiba chairman apologises for corporate governance lapses

Management colluded with government against foreign shareholders

Debabrata Das
Photo of Ted Baker shop front
Ted Baker confirms pre-tax £107.7m loss

Ted Baker confirms a 44% slump in COVID-19-hit revenues but store re-opening sentiment up

Adrian Holliday
Swiss chemical group Clariant has reached a final agreement to sell its Pigments business
Swiss chemical group Clariant sells Pigments business in $950m deal

The buyers are German Heubach Group and US specialised investment fund SK Capital

Andrei Chirileasa
Serco has won a multi-billion pound MoD contract
Serco shares jump after profit guidance raised

Company also announces contract win with the MoD worth several billions of pounds over seven years

Neil Dennis
Japan’s industrial output grew 2.9% month-on-month in April
Japanese industrial output grew 2.9% in April

Revised numbers show a marginal increase over provisional numbers released last month

Debabrata Das
Extended tax break on smaller car engines good news for Indonesian automotive shares
Indonesia automotive stocks up on extension of tax exemption

Government exempts smaller engine cars from luxury tax until August 2021

Debabrata Das