FTSE 100-listed Smiths Group is to be broken up after the conglomerate announced plans for the separation of its Interconnect and Detection businesses. The move will allow Smiths to focus on flow and heat management through its remaining businesses of John Crane and Flex-Tek.

The FTSE 100 pushed further into record territory as trading got underway on Friday, climbing 25 points to a new all-time high of 8,671. Smiths Group (LON: SMIN) PLC surged 14.7% to head the early risers after detailing plans for a strategic shift, which it said would unlock significant value.

US stocks rose on Thursday, with the Nasdaq (^IXIC) and S&P 500 (^GSPC) eyeing a comeback as investors digested news that the US economy expanded slower than economists had expected in the last three months of the year.

Global shares are mostly higher in muted trading after the U.S. Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through lower rates in Sept

The major U.S. index futures are currently pointing to a higher open on Thursday, with stocks likely to move back to the upside after

Tesla jumped 3.2% after CEO Elon Musk told analysts on a conference call that the company was on track to offer unsupervised “full self-driving” technology to its customers as a paid service starting in Austin in June. The electric car maker's fourth-quarter sales and profit fell short of Wall Street projections.

Stocks are ticking higher on Wall Street following a rush of profit reports from some of the country’s most influential companies. The S&P 500 rose 0.3% in early Thursday trading.

OpenAI is in talks for an investment round to raise nearly $40 billion that would value the AI startup at up to $340 billion, the Wall Street Journal reported on Thursday.

Japanese investment conglomerate SoftBank (SFTBY) intends to invest up to $40 billion in OpenAI, leaving another initial backer, Microsoft

A new investment from the Japanese conglomerate would be separate from the $100 billion tied to a project announced at the White House last week.

This Fund seeks to track the performance of the Index, a widely recognised UK benchmark of the UK market’s most highly capitalised blue chip companies. The Fund employs a “passive management”– or indexing – investment approach, through physical ...

The investment objective of the Fund is to deliver the net total return performance of the Benchmark Index (being the FTSE 100 Index), less the fees and expenses of the Fund.