Page 25 - Big Caps News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The CMA has opened an invitation to comment until 3 June for parties involved. The FTSE 100 pharma giant has received approval in the US, Canada, Brazil, Russia but was still waiting for the green light from the UK, the EU and Japan. The megadeal was announced in December so the Anglo-Swedish group could boost its growing presence in immunology. The deal will see Alexion shareholders paid US$175 for each share, made up of US$60 in cash and 2.1243 American depositary shares (ADSs), which each represent one-half of one ordinary AstraZeneca share. Shares in the firm were flat at 8,111p on Tuesda...

Move over, cows: plant-based food is making a killing The market is becoming increasingly crowded as consumers are concerned about the health and environmental impact of their diets Oatly Group AB’s (NASDAQ:OTLY) stellar debut last week was a sign that the plant-based trend is much more than a fad, although experts say it will be another few decades before it takes over animal-derived products. Nonetheless, more and more companies are joining this crowded market, which is becoming increasingly competitive and more attractive for investors. There's even a dedicated cruelty-free fund, US Ve...

Leasing activity has recovered to close to pre-pandemic levels Shafesbury is based around Chinatown and the West End Shaftesbury PLC (LON:SHB) said it was seeing an encouraging increase in demand for space and lettings in London’s West End since shops started to reopen on 12 April. Leasing activity over the six months to 31 March 2021 recovered to close to the level seen in the first half of last year, which was largely unaffected by the pandemic, the property owner said in a statement alongside its interim results. First-half results reflected the problems caused by the pandemi...

LGIM is the UK’s largest fund manager with £1.2 trillion of assets Legal & General Investment Management (LGIM), the UK’s largest fund manager, has emerged as one of the shareholders objecting to Royal Dutch Shell PLC’s (LON:RDSB) climate plans, saying they do not go far enough. LGIM, the investment arm of Legal & General PLC (LON:LGEN) and with £1.2 trillion of assets, voted against the oiler’s own energy transition strategy at its AGM last week. “We remain concerned that the strength of interim targets (up to 2035) and disclosed plans for oil and gas production fall short of th...

Britain to triple number of electric vehicle charging points with £300mln programme The £300mln investment will see 1,800 new motorway points and 1,750 installations in other places "Drivers need to be confident that they can charge their car quickly when they need to" Britain is to more than triple its electric vehicle charging capacity with 1,800 new ultra-fast points to be installed at motorway service stations and a further 1,750 in cities. UK regulator Ofgem said the electricity distribution companies will invest £300mln into the project as part of a £40bn investment p...