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GSK to spin off consumer healthcare unit in July
GlaxoSmithKline confirmed on Monday plans to float its consumer healthcare business this summer, just weeks after rebuffing a £50bn approach from Unilever.
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Greencoat upbeat as portfolio grows
Greencoat Renewables struck an upbeat note for the current year on Monday after the infrastructure investor widened its portfolio of assets.
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HSBC tells staff to wind down dealings with Russian banks - report
HSBC has told staff to start winding down relations with a number of Russian banks, including VTB, the country’s second-largest lender, it was reported on Monday.
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CRH sells Oldcastle Building Envelope in $3.8bn deal
Building materials firm CRH has agreed to sell its Oldcastle Building Envelope unit in a $3. 8bn deal.
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Russia hikes interest rates as rouble plunges
Russia’s central bank has doubled interest rates to 20%, as the rouble crashed to historic lows against the dollar.
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BP to offload stake in Russia's Rosneft
BP is to exit its near-20% holding in state-owned oil giant Rosneft in response to Russia’s invasion of Ukraine, at an expected cost of around $25bn.
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BoE governor urges restraint in face of surging inflation
Bank of England governor Andrew Bailey insisted on Wednesday that both workers and companies must show restraint in the face of surging inflation.
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Shares in Danone spark on strong end to year
Danone reported full-year sales narrowly ahead of forecasts on Wednesday, sending shares in the French food group higher.
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Government to discuss Russia sanctions with City firms
The government is to discuss the imposition of potentially tougher financial sanctions on Russia with key City institutions, it was reported on Wednesday.
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GSK and Sanofi seek approval for Covid-19 jab
GlaxoSmithKline and Sanofi are to seek regulatory approval for their Covid-19 vaccine candidate following successful efficacy trials.
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UK will stop Russia selling sovereign debt in London - Truss
The UK will stop Russia from selling sovereign debt in London, foreign secretary Liz Truss confirmed on Wednesday.
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Ted Baker shrugs off Omicron hit as sales jump
Ted Baker reported a surge in year-end sales on Wednesday, despite the impact of Omicron, sending its shares higher.
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Macy's sees strong end to the year
Macy’s reported a stronger-than-expected end to the year on Tuesday.
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UK imposes sanctions on Russian banks and individuals
Five Russian banks and three high-net worth individuals have been sanctioned by the UK after Vladimir Putin sent tanks into rebel-held regions in eastern Ukraine.
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AstraZeneca chair to step down next year
AstraZeneca chair Leif Johansson is to retire next year, it was announced on Tuesday, taking his time in the role to over a decade.
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Oil hits fresh highs as Ukraine crisis escalates
Oil came close to touching $100 a barrel on Tuesday after Russian tanks entered Ukraine.
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German business sentiment strengthens
Business sentiment has strengthened in Germany, a closely-watched survey showed on Tuesday, as the economy emerged from the worst of the Covid-19 pandemic.
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Bad weather hits half-term shopping - Springboard
UK retail footfall slumped last week after the severe weather kept shoppers at home, industry data showed on Monday.
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German economy likely to shrink in the first quarter - Bundesbank
The German economy is likely to shrink in the current quarter, the Bundesbank said on Monday, before rebounding in the spring.
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China leaves cost of borrowing unchanged
China left two core benchmark interest rates unchanged on Monday, a move widely-expected following recent cuts.