The FTSE 100 underperformed its European counterparts on Thursday, weighed down by a steep decline in pharmaceutical giant AstraZeneca (AZN.L). AstraZeneca shares tumbled 6.2%, shedding 886p to close at 13,354p, after the
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US financial markets are contending with growing concerns over rising leverage, as traders and institutions increase their exposure amid shifting economic conditions. Leverage across US markets has been climbing steadily, raising alarm
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Wall Street advanced as strong performances from chip stocks helped investors look past growing concerns over instability in the Middle East. The technology sector led the broader market higher, with semiconductor companies
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London’s FTSE 100 index slipped into negative territory as ongoing tensions across the Middle East continued to unsettle investor sentiment and dampen appetite for risk assets. AstraZeneca, one of the index’s most
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City lawyer Ian Rosenblatt has filed a legal claim against music mogul Simon Cowell in London’s High Court over fees he alleges were wrongfully withheld. The lawsuit follows Rosenblatt’s departure as a
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A California appeals court has delivered a significant ruling on the Fair Credit Reporting Act, finding that plaintiffs do not need to show a concrete injury to establish legal standing. The case,
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The California Supreme Court has moved to restrict the use of a legal provision that allowed parties to disqualify judges without judicial scrutiny of their claims. The ruling centres on California Code
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Latham & Watkins is positioning itself as a dominant force in the booming market for energy and power company IPOs driven by the rapid expansion of AI data centres. The firm’s Houston
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AstraZeneca (AZN.L) has suffered a dramatic stock market collapse, shedding more than £20 billion in value after a major clinical trial setback. The FTSE 100 pharmaceutical giant’s shares plunged by as much
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Traders across global markets have continued to maintain long positions tied to the TACO trade, reflecting sustained confidence despite ongoing macroeconomic uncertainty. The TACO acronym, which stands for “Trump Always Chickens Out,”
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