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WPP plans to cut GBP500 million a year, slashes dividend after slump
(Alliance News) - WPP PLC on Thursday unveiled a multi-year strategic overhaul aimed at simplifying the group and restoring organic growth, as it reported a fall in earnings for 2025...
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Hikma Pharmaceuticals rejigs top team as shares slide on weak outlook
(Alliance News) - Shares in Hikma Pharmaceuticals PLC on Thursday plummeted as it withdrew mid-term guidance and delivered a softer than hoped outlook for the current financial year. ...
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AstraZeneca prices USD2 billion multi-year bond issuance
(Alliance News) - AstraZeneca PLC on Thursday priced a global bond offering worth USD2 billion. ...
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UK's first geothermal power plant switches on to provide electricity
(Alliance News) - The UK's first deep geothermal plant generating power from heat miles underground – and producing lithium for car batteries – is switching on in Cornwall....
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Ocado axes 1,000 jobs as targets GBP150 million cost savings by 2027
(Alliance News) - Ocado Group PLC on Thursday said it is cutting 1,000 jobs as it scales back research & development investment and simplifies its operating model....
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Howden Joinery annual profit outperforms; trading currently in line
(Alliance News) - Howden Joinery Group PLC on Thursday said it was "well placed to outperform our competitors" as it reported a profit that beat expectations and proposed a higher...
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GSK moves towards clearance of two new drugs in China and Japan
(Alliance News) - GSK PLC on Thursday reported positive regulatory momentum in Japan and China, where two of its drugs have been accepted for review....
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LONDON MARKET OPEN: Mixed start in Europe; Rolls-Royce shares climb
(Alliance News) - European stocks were mixed in early dealings on Thursday, with markets awaiting a fresh set of catalysts after Nvidia beat on earnings overnight. ...
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LSEG announces GBP3 billion share buyback as annual profit surges
(Alliance News) - London Stock Exchange Group PLC on Thursday launched a new GBP3 billion share buyback as profit soared on the back of broad-based income growth. ...
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Rolls-Royce raises guidance and plans bumper buyback as profit surge
(Alliance News) - Rolls-Royce Holdings PLC on Thursday set out bullish new mid-term financial targets and launched its first multi-year share buyback programme as it delivered annual results ahead of...
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