Aviva Share News (AV.)

IN BRIEF: Watchstone interim loss widens on costs of claim against PwC

Watchstone Group PLC - former insurance software provider originally called Quindell; now cash shell pursuing litigation claims - Pretax loss widens to GBP6.0 million in six months that ended June 30 from GBP2.1 million a year before. Has no revenue, so loss is due to higher administrative expenses. These primarily are legal costs, including GBP4.9 million for Watchstone's claim against PricewaterhouseCoopers LLP. The High Court dismissed Watchstone's claim, and while it seeks permission to appeal, Watchstone must pay PwC's legal costs, as well as its own. Other outstanding claims are against Aviva Canada, part of Aviva PLC, and against UK tax collector HMRC over the recovery of historic VAT. "We remain focussed on realising the group's remaining litigation assets as efficiently as possible and are confident of returning further cash sums to shareholders in due course," Watchstone says.

LONDON MARKET CLOSE: FTSE 100 tips into red as UK economy shrinks

(Alliance News) - The FTSE 100 dipped into the red at the close on Wednesday, weighed down by news that the UK economy shrank more than expected in July, just one week before the Bank of England's next interest rate decision.

LONDON MARKET MIDDAY: Stocks down as investors wait for US inflation

(Alliance News) - Stock prices in London were lower at midday Wednesday as investors eyed a key US inflation reading later in the day, ahead of the Federal Reserve's interest rate decision next week.

LONDON MARKET OPEN: Stocks mixed ahead of key US inflation reading

(Alliance News) - Stock prices in London opened mixed on Wednesday, ahead of a key US inflation reading, which might impact future interest rate decisions.

TOP NEWS: Aviva gets GBP800 million from Singapore Life exit

(Alliance News) - Aviva PLC on Wednesday said it has agreed to sell its quarter ownership of Singapore Life Holdings Pte Ltd to fellow shareholder Sumitomo Life Insurance Co for a total of SGD1.4 billion, about GBP800 million.

Aviva sells stake in Singlife, debt instruments to Sumitomo for £0.8bn

(Sharecast News) - UK insurer Aviva on Wednesday said it had agreed to sell its 25.9% stake in Singapore Life Holdings (Singlife), together with two debt instruments, to Sumitomo Life for £800m in cash.

LONDON BROKER RATINGS: RBC cuts Melrose Industries to 'sector perform'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

LONDON BROKER RATINGS: RBC ups ConvaTec; Peel Hunt cuts Harbour Energy

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

Pent-up private Wegovy demand prompts UK availability concerns

Britain is Novo's fifth market for Wegovy

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Pent-up private Wegovy demand prompts UK availability concerns

Britain is Novo's fifth market for Wegovy

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CORRECTED (OFFICIAL)-Pent-up private Wegovy demand prompts UK availability concerns

Britain is Novo's fifth market for Wegovy

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Pent-up private Wegovy demand prompts UK availability concerns

Britain is Novo's fifth market for Wegovy

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Wegovy makes UK weight-loss debut even as Novo struggles with supplies

Novo says Wegovy launch in UK 'controlled and limited'

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British private insurer Aviva will not pay for Novo's weight-loss drug Wegovy

LONDON, Sept 4 (Reuters) - British private insurer Aviva has said it will not pay for treatment with Novo Nordisk's weight-loss drug Wegovy, which launched in the UK on Monday.

Miners drag FTSE 100 lower to snap 6-day winning streak

Glencore among top losers on FTSE 100

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