|Bid||9.74 x 50000|
|Ask||9.84 x 50000|
|Day's range||9.59 - 9.59|
|52-week range||7.63 - 16.38|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Whereas GKN employed thousands of skilled British workers, Shire employs fewer than 500 people in the UK, out of a global workforce of more than 24,000. It is, though, a remarkable success story. Shire was founded as recently as 1986 by the pharmaceuticals entrepreneur Harry Stratford and his wife Caroline.
Lloyds has reported a surge in first quarter pre-tax profits to £1.6bn, prompting a business group to call on the bank to "rethink" branch closures amid its digital investment drive. Lloyds pointed to resilience in the UK economy for its first quarter profit growth - which represented a rise of 23% compared with the first three months of 2017. The bottom-line growth was seized upon by the Federation of Small Businesses (FSB) as evidence it could easily afford to maintain branch services for its members.
The takeover of a mid-cap company doesn't always have long-term consequences on the competitiveness of the UK economy. Access to ultrafast broadband, delivered by the industry gold standard of "fibre to the premises" (FTTP), is seen as a key way of boosting productivity in the economy. The company, which was only founded in 2011 and which builds fibre-optic broadband networks, is being snapped up by a consortium of infrastructure investors.
The takeover of a mid-cap company doesn't always have long-term consequences on the competitiveness of the UK economy. Access to ultrafast broadband, delivered by the industry gold standard of 'Fibre to the premises' (FTTP), is seen as a key way of boosting productivity in the economy. The company, which was only founded in 2011 and which builds fibre-optic broadband networks, is being snapped up by a consortium of infrastructure investors.
Britain's markets watchog urged his European counterparts on Tuesday to work jointly to address risks from Brexit, saying unilateral action by the United (Shenzhen: 000925.SZ - news) Kingdom would only offer second-best measures. Regulators in Britain are worried about potential disruption to financial stability unless mechanisms are in place to ensure that cross-border derivatives contracts and insurance policies remain enforceable after Britain leaves the bloc next March. "Now (Frankfurt: 11N.F - news) is the time for the UK and EU authorities to come together and work on the solutions to reduce the risks to financial stability that Brexit could pose," Financial Conduct Authority Chief Executive Andrew Bailey told the City Week conference.
Like many Americans, Shirley Lee fell in love with Meghan Markle and Britain's Prince Harry the day they announced their engagement last November. Now (Frankfurt: 11N.F - news) she is selling to royal fans worldwide dolls dressed in outfits she designed and made that she thinks Prince Harry and his biracial bride might wear when they walk down the aisle at Windsor Castle in England on May 19. Lee, 64, said that growing up as a black woman she had no royals to look up to.
Oil prices edged up on Friday, stabilizing after an earlier slide driven by U.S. President Donald Trump's criticism of OPEC's role in pushing up global oil prices. Brent crude oil futures gained 28 cents, or 0.4 percent, to settle at $74.06 per barrel. "Looks like OPEC is at it again," Trump tweeted.
The Queen Elizabeth 2 (QE2) ocean liner has been given a new lease of life as a floating hotel in Dubai, 10 years after the Gulf Arab emirate bought it for $100 million. State-owned Dubai World bought the QE2 from Cunard Line in 2007, but the 2008 financial crisis delayed any plans for the 40-year-old vessel, one of the world's most famous ships. Now (Frankfurt: 11N.F - news) the QE2, permanently moored at Mina Rashid port, has been refurbished based on the original design, from its carpets to the theatre and even restaurant menus featuring dishes served in the liner's heyday.
A European decision to exclude Britain from the EU's drug approval system from March 30 2019 - the day after Brexit - has raised alarm among drugmakers, who fear the abrupt change could disrupt medicine supplies to patients. The move confounds hopes for continued joint cooperation via the European Medicines Agency (EMA), at least during a transition or implementation period until the end of 2020 when the UK will remain closely tied to the European Union. Prime Minister Theresa May said in a speech on March 2 that London wanted to explore ways to keep Britain a part of EU agencies, such as the EMA.
The RMS St. Helena, Britain's last working postal ship, was for nearly three decades the main source of contact between one of humanity's remotest islands and the outside world. Now (Frankfurt: 11N.F - news) the ship, cherished by the 4,500 residents of British-ruled St. Helena, will start a new life as a floating armoury, packed with automatic weapons, bullet-proof jackets and night vision goggles, all stored for maritime security operatives. "The ship is good to go with a few adjustments," said Mark Gray, a former British Royal Marine and founder of floating armoury firm MNG Maritime.
Prime Minister Theresa May apologised to representatives from 12 Caribbean countries on Tuesday over recent harsh treatment by immigration bureaucrats of people who arrived in Britain as children after World War Two. The "Windrush generation," whose parents were invited to Britain to plug labour shortfalls between 1948 and 1971, have been caught up in a tightening of immigration rules overseen by May in 2012 when she was interior minister. "I want to apologise to you today because we are genuinely sorry for any anxiety that has been caused," May told leaders and diplomats from the Caribbean countries, who were in London for a summit of Commonwealth heads of government.
Wall Street closed higher on Monday as investors appeared less concerned about possible retaliation for U.S.-led missile strikes on Syria, and the yield curve reached its flattest level in over a decade. The bombing in Syria looks to be an event rather than an ongoing thing and it was a coalition," said Jeffrey Carbone, managing partner, Cornerstone Wealth, in Huntersville, North Carolina. The news flattened the spread between five- and 30-year Treasury bonds to 34.6 basis points, the lowest in over 10 years.
Two days ago, after a tweet from Donald Trump, it looked like the United States and key European allies were on the verge of launching strikes on Syria for a suspected chemical weapons attack by the government of Bashar al-Assad on the town of Douma. Now (Frankfurt: 11N.F - news) the timing is less clear and political cracks are emerging in Europe. Earlier this week, the leader of Italy’s far-right League denounced the reports of the attack as “fake news”, forcing the country’s president to seek assurances from deadlocked political parties there that they fully supported NATO.
Among Ron Grantham's happiest memories are the days he spent fly-fishing with his beloved dog, Spot. Now (Frankfurt: 11N.F - news) those memories are being revived by visits from his new best friend, Biscuit - a robotic dog. Grantham is 99 years old and lives in Templeman House, a British care home, which brought in Biscuit.
New Zealand is stopping all new offshore oil and gas exploration to fight climate change. The Labour Party leader, who came to power vowing to reduce the country's net greenhouse gas emissions to zero by 2050, said existing exploration permits would not be affected. There are currently 31 oil and gas exploration permits, 22 of them offshore.
There's a chance you've already visited one of the most infamous sites in modern economic history - without even knowing it. If you've been to the Natural History Museum in London, you've unwittingly stepped through the room where the fight to end the great trade war of the 1930s was lost. The great hall of what was once the Geological Museum has now become a vast exhibition room - the Earth Hall, as it's known.
Workers will have to pay more into their pension pots from today as the latest stage in a "quiet revolution" gets under way. The minimum amount that can be put into a saver's retirement pot under automatic enrolment has increased to a combined 5% of earnings. This is made up of a minimum 2% from a person's employer and 3% from the employee.
China has struck back in its trade dispute with the Trump administration, imposing tariffs on $50bn of US goods. Beijing is targeting 106 US products, including aircraft, cars and soybeans, after Washington imposed its own tariffs on Chinese goods. "China has taken out big guns to answer Trump's tariff, the trade war is here," Naseem Aslam, chief market analyst at Think Markets said.
Apple (NasdaqGS: AAPL - news) has hired John Giannandrea, the former head of search and artificial intelligence at Google, in what may signal a major change in the company's approach towards AI. Mr Giannandrea is an engineer by training and will run Apple's machine learning and AI strategy, according to The New York Times. At Google, Mr Giannandrea was responsible for integrating the ability for the search bar to answer questions directly into the search results.
Four times world champion Lewis Hamilton is Britain's sole representative on the Formula One starting grid this season but it may not be long before the Mercedes (Xetra: 710000 - news) driver is joined by another. The F2 season that starts in Bahrain this weekend sees three of his compatriots, all official reserve drivers for Formula One teams, step up for what could be a springboard to a grand prix future. Two are team mates -- GP3 champion and Mercedes reserve George Russell lining up alongside Renault F1's Jack Aitken at ART -- while McLaren's rising star Lando Norris is in the Carlin cockpit.
U.S. Treasury yields rose on Tuesday as stock markets firmed and as investors looked ahead to Friday’s closely watched employment report for March. Yields fell to two-month lows on Monday, boosted by safety buying as stocks tumbled. Now (Frankfurt: 11N.F - news) , “I think it’s more a reversal of what we saw yesterday,” said Subadra Rajappa, head of U.S. rates strategy at Societe Generale (Swiss: 519928.SW - news) in New York.
Stock indexes tracked by the 47-country MSCI (Frankfurt: 3HM.F - news) index glided 0.61 percent higher, as trading opened in New York with Facebook Inc (NasdaqGS: FB - news) , Apple Inc (NasdaqGS: AAPL - news) , Google parent Alphabet Inc (Xetra: ABEA.DE - news) retaking the market's leadership mantle. On Wall Street, the Dow Jones Industrial Average rose 239.46 points, or 1 percent, to 24,087.88, the S&P 500 gained 25.23 points, or 0.97 percent, to 2,630.23 and the Nasdaq Composite added 68.75 points, or 0.99 percent, to 7,017.98. The turbulent start to 2018 in financial markets has brought an end to one of the longest quarterly bull runs, and there have been few places to hide.
Stock markets and other riskier assets steadied on Thursday as investors dusted themselves down after a woeful week for the tech sector, readying for what was set to be the first quarterly drop in global equities in two years. For currencies traders, the dollar steadied too after a stronger-than-expected revision to Q4 growth data and hopes a nuclear standoff with North Korea has been averted gave it its largest daily gain in six months on Wednesday. The 10-year U.S. Treasury yield was at 2.773 percent after touching a near two-month low of 2.743 percent overnight amid the strains on Wall Street.
China's launch of a crude oil contract this week on the Shanghai Futures Exchange (ShFE) allows investors for the first time to take advantage of differences in supply-demand dynamics across world oil markets. Oil markets have until now been dominated by two financial futures instruments: U.S. West Texas Intermediate (WTI) and Europe's Brent crude. WTI is the main benchmark for U.S. crude grades and a crucial hedging tool for the U.S. oil industry.
It's not often that a chief executive splurging nearly £10bn is rewarded with a 6% rise in the share price. GSK is buying out Novartis (IOB: 0QLR.IL - news) , the Swiss drug-maker, from the pair's consumer healthcare joint venture for £9.2bn. Previously, GSK owned 63.5% of the business and Novartis the other 36.5%.