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GSK Plc Announces $10.6B Nuvalent Acquisition to Boost Lung Cancer Pipeline; Stock Falls 3.24%
GSK Plc moved decisively on June 9, 2026. The British drugmaker agreed to acquire US-listed cancer drug developer Nuvalent for $10.6 billion in an all-cash deal, valuing Nuvalent at approximately $124 per share, a 40% premium to its last closing price. Net of cash acquired, GSK’s actual upfront investment totals $9.4 billion. GSK Plc stock…
NVDA Stock Update: NVIDIA Corp at $205.10, Down 6.20% (-$13.56) as Lunit Joins AI Ecosystem Meeting in Korea
NVDA stock closed Friday, June 6, at $205.10, its worst single-day drop since February. The stock fell 6.20%, moving from $218.66 to $205.10, with a session range of $204.34 to $214.87. Total volume hit 216 million shares, 47 million above the daily average, exchanging approximately $44.23 billion in a single session. NVDA’s all-time high of…
Reeves Backs UK Growth Plan With £470m Industrial Fund, June 08
Reeves announces £350m chemicals fund and £120m ceramics support amid UK manufacturing energy cost crisis and political uncertainty.
American Express Falls 0.6% as Credit Stress Concerns Weigh, June 06
AXP stock fell 0.6% to $310.66 as Q1 delinquency rates hit 13.1%, offsetting strong earnings beat and revenue growth.
Shell Repurchases 1.22M Shares at £32.14 Average Price, June 05
Shell repurchased 1.22M shares at £32.14 average price on June 4, 2026, under buyback programme through July 24.
Lloyds Banking Group Suffers Banking App Outage, Leaving Customers Unable To Access Accounts
Lloyds Banking Group (LON: LLOY) suffered a significant technology failure on June 3, 2026, its second major IT incident in less than three months. The disruption hit Lloyds Bank, Halifax, and Bank of Scotland simultaneously, with Downdetector logging complaint spikes at around 11:15 BST as users reported issues across the group. More than 5,000 customers…
Rajesh Exports Scandal: SEBI Flags ₹15 Lakh Crore Revenue Discrepancy Allegations
One of India’s most closely watched corporate fraud cases broke wide open on June 4, 2026. SEBI passed an interim order against Rajesh Exports Limited (NSE: RAJESHEXPO), the world’s largest gold processor, alleging it misrepresented consolidated revenues worth ₹15.15 lakh crore between FY21 and FY25. The alleged misrepresentation accounts for 99.80% of all revenues generated…
Partners Group Shares Plunge 17% on Fund Redemption Cap, June 04
Partners Group caps redemptions at $8.6B fund after 9.8% withdrawal requests, triggering 5% quarterly limit and 17% share decline.
Barclays PLC 465.50 GBX: 20,000 UK Staff Get 5.35% Pay Increase
Barclays PLC has announced a fresh 5.35% pay increase for around 20,000 UK employees, reflecting growing pressure on employers to support workers during a high-cost economic environment. The bank’s shares recently traded around 465.50 GBX, showing that investors are closely watching how rising staff costs may impact profitability. This move comes at a time when…