AstraZeneca stock jumps after surprise trial win for lung disease drug where rivals have failed
[ad_1] AstraZeneca‘s stock jumped nearly 5% after Britain’s most valuable company said its experimental lung disease medicine met its target in two late-stage clinical trials. The respiratory treatment tozorakimab, reduced flare-ups of chronic obstructive pulmonary disease (COPD) in both former smokers and in the overall population versus placebo, the company said. “This marks a notable […]
Government bonds face ‘perfect storm’ as Iran war rattles Europe’s central banks
[ad_1] Europe’s sovereign bonds are facing “a perfect storm” after new inflation fears sparked by the Iran conflict forced the region’s central banks to signal a new course for interest rates on Thursday, sending yields soaring. The Bank of England left interest rates unchanged at 3.75% on Thursday, with the European Central Bank also holding […]
CNBC’s UK Exchange newsletter: FTSE 100’s defensive slant comes into its own
[ad_1] This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch It was no surprise, when equity markets first reacted to news of the strikes on Iran, that the U.K.’s FTSE 100 fell by less than all of its major continental European peers. What is often seen as the Footsie’s […]
UK companies seek deeper ties with Europe as Trump tariffs fuel uncertainty, business groups say
[ad_1] The MSC Emma container ship on the dockside at the Port of Felixstowe in Felixstowe, UK, on Thursday, Nov. 20, 2025. Bloomberg | Bloomberg | Getty Images British companies are seeking deeper trade ties with Europe, business groups told CNBC, as U.S. President Donald Trump unveiled a sweeping 15% tariff on all imports after […]
U.S. trading partners cheer Supreme Court tariff ruling — but businesses must still navigate ‘murky waters’
[ad_1] World leaders during the G7 Leaders’ Summit in Kananaskis, in Alberta, Canada, June 17, 2025. Amber Bracken |Reuters U.S. trading partners offered a cautious welcome to the U.S. Supreme Court’s decision Friday to strike down large parts of President Donald Trump’s flagship trade policy on global tariffs — but global trade bodies warned of […]
Bayer falls 7% after proposing $7.25 billion settlement in Roundup case; European markets open higher
[ad_1] Traders work at the New York Stock Exchange on Feb. 10, 2026. NYSE LONDON — European stocks opened higher on Wednesday as investors weighed the latest U.K. inflation data and monitored global market developments. The pan-European Stoxx 600 was roughly 0.5% higher shortly after the open, and the U.K.’s FTSE 100 and France’s CAC […]
UK inflation cools markedly in January, boosting odds of Bank of England rate cut
[ad_1] A customer looks at goods on a shelf in a supermarket on January 15, 2025 in London, England. Dan Kitwood | Getty Images News | Getty Images The U.K. inflation rate cooled to 3% in January, according to the latest figures from the Office for National Statistics (ONS). Economists polled by Reuters had expected the consumer […]