As it happened: Stocks rise despite new tensions in Strait of Hormuz; Oil price climbs August 7, 2026 Welcome back to the City AM liveblog. New tensions in the Strait of Hormuz this morning are leaving markets on edge and handing a blow to earlier optimism around a peace deal between the US and Iran. Oil is moving higher, reversing some of the drawback from the beginning of this week, after an attack [...]
Allianz Delivers Record Result and Is Well on Track to Achieve Its Targets August 7, 2026 2Q 2026 This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260806509750/en/ Total business volume at 45.6 billion euros, an internal growth of 5.7 percent1, with contributions from all segments. Asset Management delivers excellent growth. Operating profit rises 10.6 percent to a record level of 4.9 billion euros. Shareholders’ core net income at 2.6 [...]
Prothena Reports Second Quarter 2026 Financial Results and Business Highlights August 6, 2026 Net cash used in operating and investing activities was $25.7 million in the second quarter and net cash provided by operating and investing activities was $3.2 million for the first six months of 2026; quarter-end cash and restricted cash position was $289.1 million Guidance updated to include shares repurchased through July 30, 2026 and now expects to end the year with approximately $259 million (midpoint) in cash, cash equivalents and restricted cash Results from partner Roche evaluating prasinezumab in patients with early Parkinson’s disease from the Phase 2b PADOVA clinical trial published in The Lancet Multiple research collaborations with industry partners ongoing to explore the potential of our CYTOPE® technology over the next 12 to 24 months
Vercel Appoints Amit Agarwal, Standard Template Labs CEO and former Datadog President, to Board of Directors August 6, 2026 The product leader who helped scale Datadog from early-stage startup through IPO brings deep product expertise to Vercel's board
Citi chief’s cowed Trump comments reveal corporate America’s tightrope August 6, 2026 Citi has become a favourite of President Trump during his second term. Chief executive Dame Jane Fraser’s comments in London yesterday may show why, writes Charlie Conchie I sat across the table from Citi’s boss Dame Jane Fraser yesterday as she delivered a blistering warning to Andy Burnham and the new Labour government. For an [...]
Mary Kay’s Pink Changing Lives® Program Turns Purpose Into Measurable Impact for Women Around the World August 6, 2026 More than 4 million women have benefited through nonprofit organizations supported by the program since its launch.
This Is the Moment Everything Changed: Ascensia Launches Global Art and Photography Competition for World Diabetes Day August 6, 2026 Global competition invites people to share the defining moment in their diabetes journey through original artwork and photography.
CoStar Data Shows Strong Prelet Activity Driving UK Lab Space Demand to a Record High August 6, 2026 GSK’s landmark life sciences prelet drove UK laboratory space demand to a new record, according to data from CoStar, a global leading provider of online real estate marketplaces, information and analytics in the property markets. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260806333297/en/ Rolling four-quarter take-up exceeded 1.2 million square feet in [...]
Neurodiversity, employment law and ‘reasonable adjustments’ – the new HR headache August 6, 2026 The death of the ‘one-size-fits-all’ policy in HR departments is a result of businesses being caught between a rock and a hard place when it comes to neurodiversity in the workplace, as corporations battle to support staff within the bounds of very complex employment laws – and very personal interpretations of them. Over recent years, [...]
Leeds NHS Innovation to Accelerate Global Adoption of AI-enabled Pathology for Cancer Diagnostics Through Epredia Partnership August 5, 2026 A pioneering pathology technology developed by Leeds Teaching Hospitals NHS Trust is set for international deployment after securing a commercial agreement with Epredia, a global leader in precision cancer diagnostics solutions. NHS is the UK’s National Health Service. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260805546533/en/ The technology, known as TANGO, is [...]