Novo Nordisk shares slide after Ozempic pill fails
Novo Nordisk shares slumped over 10% after its Ozempic pill failed to slow Alzheimer's progression in major trials. Read the latest on the pharmaceutical giant's market struggles.
Novo Nordisk shares slumped over 10% after its Ozempic pill failed to slow Alzheimer's progression in major trials. Read the latest on the pharmaceutical giant's market struggles.
Nando's has returned to profit for the first time since 2016 with £38.2m, but warns Rachel Reeves' tax hikes threaten future performance. Discover the full financial turnaround.
Mining giant BHP has abandoned its latest attempt to acquire rival Anglo American, following a rejected approach. The failed bid reshapes the mining sector's consolidation landscape. Read the full analysis.
Mining giant BHP has ended its pursuit of Anglo American, leaving the path clear for Anglo's planned £39bn copper merger with Teck Resources. Discover the implications for the global mining sector.
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RecommendedDiscover how a former cryptocurrency executive is now creating businesses specifically designed for acquisition by major private equity firms like KKR and Apollo. Learn about this innovative investment strategy.
IDC Ventures files High Court petition to block Curve's £125m sale to Lloyds, alleging governance failures wiped out £670m shareholder value. Read the latest developments.
Two senior capital markets partners depart Ashurst for Baker McKenzie, marking significant recruitment win for the global firm's London practice.
Chris Cummings announces departure from Investment Association after transformative seven-year tenure. Search for successor begins as industry faces regulatory challenges.
Magic circle law firm Clifford Chance is making 55 London business services roles redundant, citing AI adoption and work moving to hubs. Read the full analysis.
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RecommendedTwo funeral directors are on trial after leaving a pensioner's decomposing body in a leaky, unrefrigerated mortuary for over a month, a court hears. Discover the full story.
JPMorgan appoints new UK private banking head as wealth management expands. Discover the strategic moves shaping London's financial landscape.
Outsourcing giant Mitie reports a 10.4% revenue surge to £2.7bn, driven by a shoplifting 'epidemic' boosting security services and soaring AI data centre projects. Discover the key figures.
MHA reports impressive 13% revenue growth to £56.1m following its London stock market debut. Discover how the accounting firm plans to expand its private equity and international services.
LionTrust Asset Management reports 45% profit drop in H1 2024, launching strategic cost-cutting initiative targeting £1.5m annual savings amid market challenges.
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RecommendedFormer Chancellor George Osborne is a candidate to chair HSBC. Could his political ties and advisory experience usher in a golden era for the banking giant? Read the full analysis.
Investment bank PJT Partners is launching a significant Nordic expansion, hiring 10 senior dealmakers to capitalise on the region's growing M&A activity. Discover their strategic move.
Former WH Smith finance director Robert Moorhead withdraws from Greggs board position following damning audit report. CEO Carl Cowling steps down after profits overstated by £30m.
Cravath Swaine & Moore offers London lawyers special bonuses up to $150k as US law firms intensify competition for UK legal talent. Discover the impact.
Hedge fund billionaire Bill Ackman's viral pickup line 'May I meet you?' claims to solve population decline. Critics argue addressing social inequality would prove more effective than billionaire dating tips.
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RecommendedMichael Jackson's daughter Paris alleges estate executors mismanaged $464 million and took excessive fees. Read the latest court filing details and responses.
Asset manager Jupiter appoints Nathan Bostock, former Santander UK CEO, as new chairman effective immediately. Key leadership change signals strategic shift.
London-based investment firm Preservation Capital launches ambitious £700 million fund targeting established businesses. Discover their unique investment strategy and market focus.
WH Smith boss Carl Cowling resigns immediately after an accounting failure slashes profit forecasts by £30m. Read the full story on the retail giant's turmoil.
Spencer Matthews and Vogue Williams have separated their business ventures in a surprising move. Spencer joins new agents while Vogue enters I'm A Celebrity jungle. Read the full story.
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RecommendedWH Smith's chief executive departs immediately following a major accounting failure in its North American division that slashed profits and wiped nearly £600m from market value.
US private equity giant Bain Capital remains in active negotiations to acquire London wealth manager Amber River as the bidding process extends. Discover the latest developments.
A US judge rules Meta does not hold a social networking monopoly, rejecting the FTC's bid to force the breakup of Instagram and WhatsApp. Read the full analysis.
Ubisoft's UK report suggests traditional game sales are falling, favouring live service models. Discover the data and conflicting player survey results.
A federal judge has approved a $7bn opioid settlement requiring the Sackler family to pay over 15 years. The deal directs funds to combat the US opioid crisis and provide compensation to victims.
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RecommendedDiscover how Harry Young's Executive MBA at Bayes Business School equipped him with the strategic toolkit to steer his company's international expansion and M&A strategy.