FTSE 100

FTSE 100 Market news covers the latest developments for the FTSE 100 Index, which tracks the 100 most highly capitalised blue‑chip companies listed on the London Stock Exchange.

This category includes updates on company admissions and delistings, quarterly and annual results, mergers and acquisitions, board appointments and departures, regulatory news and policy changes.

GlaxoSmithKline and Sanofi initiate Phase 1/2 clinical trial of COVID-19 vaccine

GlaxoSmithKline plc (LON:GSK) and Sanofi have announced the start of the Phase 1/2 clinical trial for their adjuvanted COVID-19 vaccine. The vaccine candidate, developed in partnership by Sanofi and GSK,..

Melrose Industries’ net debt reduced by £93 million

Melrose Industries PLC (LON:MRO) has announced its interim results for the six months ended 30 June 2020. Highlights Continuing operations Adjusted1 results2020£m Adjusted1 results2019£m Statutory results2020£m Statutory results2019£m Revenue 4,359..

Bunzl completes acquisition of MCR Safety

Bunzl plc (LON:BNZL) has announced that, further to the announcement issued on 24 August 2020, it has now completed the acquisition of MCR Safety, a distributor of a variety of..

Barratt Developments reduced completion volumes, increased costs and impacted profit due to COVID-19

Barratt Developments PLC (LON:BDEV) has announced its annual results for the year ended 30 June 2020. Commenting on the results David Thomas, Chief Executive of Barratt Developments PLC said: “While..

Rio Tinto TRQ update on Oyu Tolgoi

Rio Tinto plc (LON:RIO) has noted Turquoise Hill Resources’ publication of its ‘2020 Oyu Tolgoi Technical Report’ in relation to the Oyu Tolgoi project in Mongolia. The 2020 OTTR has..

M&G completes acquisition of UK Wealth Management platform Ascentric

M&G plc (LON:MNG) has announced the completion of its acquisition of the UK Wealth Management platform Ascentric from the Royal London Group. The acquisition, which was announced in May, is..

AstraZeneca’s Farxiga reduces CKD progression and risk of death

Detailed results from the ground-breaking Phase III DAPA-CKD trial showed that AstraZeneca plc (LON:AZN) Farxiga (dapagliflozin) on top of standard of care reduced the composite measure of worsening of renal..

Standard Life Aberdeen new CEO Stephen Bird takes up the role effective today

Standard Life Aberdeen plc (LON:SLA) has confirmed that, following the announcement of 30 June 2020, the relevant regulatory approvals have been received for the appointment of Stephen Bird. Accordingly, Keith..

Ocado Group CFO Duncan Tatton-Brown to step down

Ocado Group plc (LON:OCDO) has announced that after eight years as Chief Financial Officer of the Group, Duncan Tatton-Brown has decided to step down from the Ocado Group Board due..

The Sage Group Chairman Sir Donald Brydon to retire

The Sage Group plc (LON:SGE) has announced that Sir Donald Brydon has indicated his intention to retire from his role as Chairman of Sage, and step down from the Board,..

Flutter Entertainment’s Rafi Ashkenazi steps down as a Non-Executive Director

Flutter Entertainment plc (LON:FLTR) has announced that, effective from 27 August 2020, Rafael (Rafi) Ashkenazi has stepped down as a Non-Executive Directors of Flutter. Rafi joined The Stars Group Inc...

Rolls-Royce CFO Stephen Daintith resigns

Rolls-Royce Holdings plc (LON:RR) has advised that S tephen Daintith has informed the Board that he has decided to leave the Company to take up another opportunity and is therefore..

Polymetal International announces interim dividend of US$0.40 per share

Polymetal International plc (LON:POLY) has announced that on 25 August 2020 the Board of Directors of the Company resolved to pay an interim dividend of US$ 0.40 per share for..

AVEVA Group acquires global leader in real-time industrial data software and services, OSIsoft

AVEVA Group plc (LON:AVV), a global leader in industrial software, announces that it has reached agreement on the terms of an acquisition of OSIsoft, at an enterprise value of $5.0..

AstraZeneca Phase I clinical trial initiated for COVID-19 monoclonal antibody

AstraZeneca plc (LON:AZN) has confirmed that the first participants have been dosed in a Phase I trial of AZD7442, a combination of two monoclonal antibodies (mAbs) in development for the..

Pearson appoints Andy Bird CBE as new Chief Executive

Pearson plc (LON:PSON) has announced the prospective appointment of Andy Bird as its new Chief Executive, starting on 19th October, 2020. It is intended that John Fallon will continue as..

Rio Tinto publishes board review of cultural heritage management following destruction of the Juukan rock shelters

Rio Tinto plc (LON:RIO) has published the board review of cultural heritage management, following the destruction of the Juukan rockshelters in May 2020 (https://www.riotinto.com/news/inquiry-into-juukan-gorge). The review details what elements of..

Bunzl to acquire US-based safety business and flexible packaging distributor in Ireland

Bunzl plc (LON:BNZL), the specialist international distribution and services Group, has announced that it has entered into agreements to acquire a US based safety business and a flexible packaging distributor..

AstraZeneca’s Imfinzi approved in Japan for SCLC

AstraZeneca plc (LON:AZN) has been approved in Japan for the treatment of patients with extensive-stage small cell lung cancer (ES-SCLC), in combination with etoposide plus a choice of platinum chemotherapy..

CRH EBITDA and margin ahead despite lower sales

CRH plc (LON:CRH) has announced its 2020 interim results. Key Highlights ·    Health & safety remains our number one priority ·    Robust performance in a challenging environment ·    Decisive reaction to evolving market..

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