U.K. pharmaceutical giant GlaxoSmithKline has dropped plans to put its HIV medicines business up for sale; meanwhile, it's reducing a payout to shareholders to invest more in the company's future.
Better than expected purchasing managers’ indices from Markit Economics and a slew of strong, or at least reasonable, corporate earnings help European indices recover from yesterday’s selloff.
European markets rebounded from Tuesday's selloff thanks to better-than-expected data and some strong corporate earnings.
Russia's Eurocement Holding has thrown its weight behind the $40 billion merger of construction materials giants Holcim and Lafarge, just a week before a Holcim shareholder vote on the deal.
European stock markets are little changed on Wednesday ahead of news from the Federal Open Market Committee on monetary policy.
European stock markets were little changed after steep losses on Tuesday, with better-than-expected earnings releases from some major companies limiting further declines.
Elliott withdrew its three proposed resolutions and said it would support the Alliance board on other measures, and both sides agreed to non-disparagement.
European stock markets fall, as Federal Reserve rate setters prepared to begin a meeting and preliminary figures showed UK economic growth slowed more than expected in the first quarter.
European stock markets fell ahead of a U.S. Federal Reserve rate-setting meeting and as figures showed U.K. economic growth slowed more than expected in the first quarter.
The merger was designed to better equip the companies to meet growing demand for chips used in smartphones, tablets and other personal electronics devices.