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UBS has upgraded its rating on Moneysupermarket Group and boosted earnings forecasts, arguing that the price comparison site is gearing up to enter a “virtuous circle”.
A US judge has ruled that tech giant Qualcomm unlawfully suppressed competition in the market for mobile phone chips, and has ordered it to renegotiate contracts.
Inflation crept above the Bank of England’s target in April, pushed upwards by rising energy and transport costs, but remained below consensus forecasts, official data showed on Wednesday.
Plumbing and heating products distributor Ferguson has named former Ashtead chief executive Geoff Drabble as its new chairman.
American drugs giant Merck has agreed to buy Peloton Therapeutics in a deal that could eventually be worth more than $2bn.
The restaurant group fronted by celebrity chef Jamie Olivier has collapsed, putting up to 1,300 jobs at risk.
Northern Ireland’s First Derivatives said the current year had got off to a strong start as it reported a jump in both revenues and profits.
Manufacturing order books have slumped to their lowest level since October 2016, the Confederation of British Industry said on Tuesday, as Brexit-related stockpiling started to ease.
Nationwide saw underlying profits tumble last year after it increased investment in digital services, and warned that its core mortgage and savings markets remained competitive, despite a surge in the size of its loan book.
The number of scams involving cryptoassets and foreign exchange investments tripled last year, with victims losing more than £27m in total, according to research published on Tuesday by the regulator.
Lumentum has ceased shipments to Huawei, the Chinese telecoms giant, forcing the US technology company to slash its quarterly outlook.
American satellite TV broadcaster DISH Network has acquired a swathe of assets from EchoStar in a deal worth $800m.
The global headquarters of BP has been shut down by Greenpeace, after the campaigning charity blockaded the oil giant’s west London office.
HSBC has downgraded its rating on Merlin Entertainments, citing concerns about the leisure group’s long-term growth plans.
British households are becoming increasingly pessimistic about their financial wellbeing, despite record levels of employment, a survey showed on Monday.
Aim’s Clinigen Group is taking back control of two oncology drugs from US partner Cumberland Pharmaceuticals.
PureCircle has raised more than £26m through a share placing, as it looks to expand its product portfolio and ramp up growth.
Supermarket chain Asda could be floated, staff were told on Wednesday, after the competition authorities derailed its proposed tie-up with rival J Sainsbury.
China’s economy stumbled last month, as retail sales grew at their weakest pace for 16 years and industrial production fell sharply.
Energean Oil and Gas said its flagship project off the coast of Israel was on track to start delivering gas by 2021.