Skip to main content
The Markets by Proactive
Go to Proactive Australia

Financial Services

FIVE at FIVE: GSK not guilty; abrdn boss Stphn Brd qts; Energy bills to drop; FTSE 100 falls; Retail sales down

1. GSK found not guilty in Zantac trial

A jury determined that Zantac was not responsible for the plaintiff’s colon cancer, with the judge rejecting a request for $640 million in damages.

Read more

2. Abrdn and chief executive part company after four years

In a statement, abdrn said that he and the group’s board had agreed the time was right for Bird to hand over the reins.

Read more

3. Energy bills to fall by £122 in July

The energy price cap will be set at £1,568 for direct debit customers from July to the end of September, down from £1,690 currently, Ofgem said on Friday.

Read more

4. FTSE 100 live

London's blue-chip index fell on Friday.

Read more

5. Retail sales fall far short of forecasts

Sales at non-food stores were down 4.1%, including clothing retailers, sports equipment, games and toys stores, and furniture stores.

Read more

In the small-cap space:

Trident hails first gold from Greenstone mine

Union Jack Oil’s Yorkshire project gets AA rating for carbon intensity