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aurobindo: Aurobindo puts its injectables business on the block, again

Aurobindo Pharma promoters have begun the process of selling a majority stake in its injectables business, Eugia Pharma Specialities, after negotiations with potential suitors failed to meet valuation expectations. The promoters have hired investment bank Moelis to manage the sale. ....

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Hiscox Shares Fall After Earnings Missed Consensus, Retail Growth Slowed

Hiscox Shares Fall After Earnings Missed Consensus, Retail Growth Slowed

0733 GMT - Hiscox shares fall 3.5% and is one of the FTSE 100 worst performers in morning trade after the specialist. ....

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London Stocks Seen Opening Higher

London Stocks Seen Opening Higher

0651 GMT - The FTSE 100 is expected to open 46.7 points higher, according to IG, having closed on Tuesday at 7527.42, as European shares rebound from losses.. ....

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FTSE 100 Rises on Hopes of Chinese Economic Stimulus

FTSE 100 Rises on Hopes of Chinese Economic Stimulus

0931 GMT - The FTSE 100 rises 0.8% to 7588 points, supported by China-linked companies as investors hope that the Chinese government will. ....

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Pound Expected to Stay Firm Versus Euro on BOE Rate Expectations

Pound Expected to Stay Firm Versus Euro on BOE Rate Expectations

1102 GMT - The pound should remain firm against the euro in the coming weeks due to high U.K. inflation and expectations that. ....

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