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Lastest Finance News

IN BRIEF: Hutchmed China's sovleplenib designated orphan drug by FDA

5th Nov 2026 14:34

Hutchmed China Ltd - Hong Kong-based biopharmaceutical company - Says its autoimmune hemolytic anemia medication sovleplenib was granted orphan drug designation by the US Food & Drug Administration. Medications are eligible for orphan drug designation if they treat rare diseases or conditions affecting fewer than 200,000 people in the US and, if approved for commercialisation, can have 7 years of market exclusivity in the US. The FDA already granted sovleplenib this designation in October for primary immune thrombocytopenia. Sovleplenib is an oral drug that inhibits the enzyme called spleen tyrosine kinase. Hutchmed says sovleplenib's new drug application for both uses is pending in China. Read More

Next 15 inks sale of Marker Collective to Avenir for GBP70 million

5th Nov 2026 14:33

(Alliance News) - Next 15 Group PLC on Thursday announced it completed the sale of Marker Collective to Montreal, Canada-based holding and management company Avenir Global. Read More

UK shareholder meetings calendar - next 7 days

5th Nov 2026 14:28

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UK dividends calendar - next 7 days

5th Nov 2026 14:28

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UK earnings, trading statements calendar - next 7 days

5th Nov 2026 14:26

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Tate & Lyle profit falls as dragged-out US-Iran war ups cost pressures

5th Nov 2026 14:12

(Alliance News) - Tate & Lyle PLC on Thursday reported a decline in profit as it said the prolonged Middle East conflicted had made the impact felt by inflationary costs more pronounced than anticipated. Read More

IN BRIEF: HSBC sets tender offer for USD1 billion in convertible bonds

5th Nov 2026 14:10

HSBC Holdings PLC - London-based, China-focused bank - Launches tender offer on Thursday for up to USD1.00 billion in bonds. The offer is for the bank's 6.00% perpetual subordinated contingent convertible securities, of which USD3.00 billion are outstanding. The CoCos are callable in May 2027 and every five years thereafter. The purchase price will be 100.50% of face, meaning HSBC will pay up to USD1.01 billion buying back the bonds. HSBC says the tender offer is to proactively manage its Tier 1 capital base. Read More

UPDATE: BoE raises rates as Bailey signals possible second hike

5th Nov 2026 13:59

(Alliance News) - Bank of England Governor Andrew Bailey on Thursday signalled that a second interest rate increase could be necessary unless progress is made towards resolving the conflict in the Middle East, but stressed that a prolonged cycle of monetary tightening was not inevitable. Read More

Bank of England lifts UK growth forecasts for 2026 and 2027

5th Nov 2026 13:54

(Alliance News) - The Bank of England on Thursday raised its forecasts for UK economic growth in 2026 and 2027, despite surging inflation.  Read More

Morgan Advanced names new CFO, opens formal Thermal Products talks

5th Nov 2026 13:33

(Alliance News) - Morgan Advanced Materials PLC on Thursday said it expects operating profit to be towards the high end of guidance after strong trading, and it said formal talks regarding the possible sale of its Thermal Products division have begun. Read More

Prudential says will make up for China life business setback elsewhere

5th Nov 2026 13:25

(Alliance News) - Prudential PLC on Thursday said new business profit edged up in the third quarter and profit margin improved, but it warned that achieving its target for full-year growth is "now more stretching" due to regulatory changes hurting its life operations in mainland China. Read More

OSB Group appoints new chair designate; reconfirms annual guidance

5th Nov 2026 13:21

(Alliance News) - OSB Group PLC on Thursday announced it had appointed Fiona Clutterbuck as chair designate, as it reported a resilient nine-month performance in line with expectations. Read More

Helios Towers tightens guidance and confident of further growth ahead

5th Nov 2026 13:19

(Alliance News) - Helios Towers PLC on Thursday lifted the bottom-end of full-year guidance and set out ambitions for further growth in 2027 after reporting increased earnings and revenue in its third quarter. Read More

RS Group shares jump as half-year profit and sales beat consensus

5th Nov 2026 13:09

(Alliance News) - RS Group PLC on Thursday reported half-year results ahead of forecast and said it was "well positioned" as it enters the second half of the financial year. Read More

Hikma Pharmaceuticals shares down as cuts Injectables outlook

5th Nov 2026 12:55

(Alliance News) - Hikma Pharmaceuticals PLC shares fell on Thursday after the company said it expects lower annual revenue from its Injectables segment, though it has seen an upturn in its Branded business. Read More

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