Pharmaceuticals giant AstraZeneca today announced it is to acquire one of the UK’s biggest biotechnology groups in a deal worth £702m (€1bn).

PHARMACEUTICAL giant Astra Zeneca is this week expected to announce a deal to acquire smaller rival Cambridge Antibody Technology, it was reported today.

Pharmaceuticals giant Astra Zeneca is this week expected to announce a deal to acquire smaller rival Cambridge Antibody Technology, it was reported today.

Mining giant Anglo American led the London market higher today after promising to return $1bn (€829m) to investors next year.

Mining giant Anglo American put the London market in a good mood today by promising to return $1bn (€828.6m) to investors next year.