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Emerging markets gain as oil pressure eases and AI demand supports stocks

Emerging markets are gaining investor attention as lower oil prices and AI-linked demand support stocks, currencies and broader risk appetite.

Biotech Growth Trust outperforms benchmark in April

Biotech Growth Trust’s NAV and share price rose 0.8% in April, outperforming the NASDAQ Biotechnology Index, which fell 2.3%, supported by stock-specific gains and continued biotech M&A activity.

Serco retains £270m facilities management contract at NNUH

Serco has renewed its facilities management contract at Norfolk and Norwich University Hospital, extending integrated service delivery and support for hospital operations over the next 10 years.

CVS Group refinances £350m debt and launches £50m share buyback

CVS has refinanced its £350m bank facilities on improved terms, launched a £50m share buyback and acquired another small animal practice in Australia.

Kingfisher confirms full-year guidance after resilient Q1

Kingfisher said it remains on track to meet full-year guidance after a resilient first quarter, with growth in e-commerce, trade sales and marketplace activity offsetting softer seasonal demand.

Melrose Industries’ GKN Garden Grove MMA tank incident update

Melrose Industries' GKN Aerospace continues to work with emergency services and authorities following a thermal issue involving an MMA storage tank at its Garden Grove facility. Authorities have confirmed reduced evacuation orders and no injuries, leaks or contamination.

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