Aakash B

COVID curbs threaten UK economy, Wetherspoons says, as plunges to loss

16 Oct 2020

LONDON J D Wetherspoon accused the British government of panicking and "shooting from the hip" with new coronavirus restrictions it said could damage the entire economy, after the pubs group reported its first annual loss since 1984.

UPDATE 3-COVID curbs threaten UK economy, Wetherspoons says, as plunges to loss

16 Oct 2020

* Rival Marston's warned this week 2,150 jobs at risk (Adds additional quotes from Martin, updates shares)

Weir Group to sell oil & gas division to Caterpillar, shares surge

05 Oct 2020

Weir Group Plc said on Monday it had agreed to sell its oil and gas division to U.S. heavy equipment maker Caterpillar Inc for $405 million in cash, as the engineering company focuses on its mining business.

G4S rejects $3.81 billion hostile bid from private equity-backed GardaWorld

30 Sep 2020

Security group G4S on Wednesday rejected a cash offer by smaller Canadian rival GardaWorld that valued the British company at 2.97 billion pounds ($3.81 billion), weeks after it turned down a similar proposal.

EU agency recommends AstraZeneca-Merck drug Lynparza for two cancers

21 Sep 2020

The European Medicines Agency (EMA) has recommended approval for Lynparza in patients with a form of prostate cancer and as a first-line maintenance treatment for a form of advanced ovarian cancer, the British drugmaker AstraZeneca said on Monday.

AstraZeneca bolsters COVID-19 vaccine supply with new deal

01 Sep 2020

AstraZeneca has expanded its agreement with cell therapy firm Oxford Biomedica to mass-produce its COVID-19 potential vaccine, as it looks to scale-up supply ahead of a possible U.S. fast-track approval. | Video

AstraZeneca starts trial of COVID-19 antibody treatment

25 Aug 2020

British drugmaker AstraZeneca has begun testing an antibody-based cocktail for the prevention and treatment of COVID-19, adding to recent signs of progress on possible medical solutions to the disease caused by the novel coronavirus. | Video

Tesla woos retail investors with stock split, shares rise

12 Aug 2020

Wall Street analysts praised Tesla Inc's move to split its richly valued stock into smaller chunks, saying it had the potential to extend a 200% rally in its shares this year by making it easier for retail investors to hold the stock.

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