london-stock-exchange
Top StoriesDepositary Receipt Holders of Russia’s Sberbank, Vtb Face Conversion Headache
Top StoriesLeave post-Brexit Shift in Euro Clearing to Markets, Industry Tells EU
InvestingCommodity Prices Boost London Shares; Melrose Jumps on Ergotron Unit Sale
Top StoriesArrests Made After Queen Elizabeth’s Military Parade Interrupted
Pfizer to Sell Stake in GSK’s Consumer Health Business After It Lists
Date: June 1, 2022
By Natalie Grover and Ludwig Burger LONDON (Reuters) -Pfizer plans to sell its 32% stake in Haleon, its consumer health venture with British drugmaker GSK, after the business lists as an independent company in July, GSK said on Wednesday. GSK is spinning off Haleon, which makes Sensodyne toothpaste and Advil painkillers, so it can focus...
Trades in Russian Shares Show Investors Testing the Exits
Date: June 1, 2022
By Sinead Cruise and Huw Jones LONDON (Reuters) – A handful of attempts to privately trade depositary receipts in VTB and Gazprom show how some Western investors are still seeking ways to buy and sell stock in Russian companies rendered near untouchable due to sanctions. Europe, the United States and Canada blocked certain banks’ access...
FTSE 100 Slips Ahead of Long Weekend as Ex-Dividend Trades Weigh
Date: June 1, 2022
(Reuters) -UK stocks were set for a long weekend with mild losses on Wednesday, as ex-dividend trading impacted shares of National Grid and Vodafone, while Dr. Martens surged more than 20% after the footwear brand lifted its annual revenue forecast. The blue-chip FTSE 100 snapped a five-session winning streak to drop 0.4%, with National Grid...
Why the Road to Global Growth Runs Through London
Date: May 30, 2022
By Andrew Boni, CEO & Co-Founder of Iterable When Silicon Valley casts its eyes abroad, one destination stands out amongst the rest: London. For years, London has risen up in the ranks of emerging tech hubs, on par with New York and Berlin. Despite economic and political hurdles, London has continued its upward momentum, and...
Artist Carne Griffiths to Release 70 Prints of ‘The Platinum Queen’
Date: May 30, 2022
LONDON (Reuters) – In a London studio, British artist Carne Griffiths adds the final fluorescent pink touches to “The Platinum Queen”, a portrait depicting the young Queen Elizabeth shortly before her coronation almost seven decades ago. Griffiths, known for using tea, ink and alcohol in his work, is releasing 70 limited edition prints – as...
FTSE 100 Hits One-Month High, Countryside Soars After Takeover Approach
Date: May 30, 2022
(Reuters) -UK’s FTSE 100 hit over one-month highs on Monday, as an easing of China’s COVID-19 curbs lifted spirits across Asian and European markets, while Countryside soared after its shareholder made a second approach to buy the homebuilder. The blue-chip FTSE 100 climbed 0.4% to hit its highest level since April 22, while the midcap...