European equities closed lower on Monday, with markets unnerved by election results in Europe, ahead of a US interest rate decision later in the week.The FTSE 100 index closed down 16.89 points, 0.2%, at 8,228.48. The FTSE 250 ended down 109.33 points, 0.5%, at 20,446.04, and the AIM All-Share fell 5.25 points, 0.7%, at 788.28.The Cboe UK 100 ended down 0.3% at 820.02, the Cboe UK 250 also...

Just why does consumer goods giant Unilever (ULVR) have a 10.5% stake in small cap clinical stage drug developer Arecor Therapeutics (AREC:AIM)?The company listed on AIM in June 2021 at 226p per share after raising £20 million of new capital.The shares have since gained 73% driven by positive results from a first phase trial of its ultra-concentrated rapid acting insulin product AT278.Arecor...