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European stocks extended gains at midday on Wednesday as investors eyed positive corporate earnings despite continuing worries about higher inflation.
Increased passenger numbers helped bus operator National Express report better trading across all its markets last month as Covid lockdown restrictions eased.
Catering giant Compass said it expected a gradual recovery in third quarter margins after interim profits and revenue slumped due to the coronavirus pandemic.
European stocks edged ahead at the opening on Wednesday after the previous session's selloff as investors eyed positive corporate earnings despite continuing worries about higher inflation.
Media platform Future said it had bought Marie Claire US, a joint venture between Marie Claire Album SAS and Hearst Magazines Media, for an undisclosed sum.
Spirax‐Sarco Engineering said margins in the four months to April 30 were higher than expected after a rise in sales.
European shares extended losses at lunchtime on Tuesday as fears of rising US inflation after a sharp sell-off in tech stocks on Wall Street overnight spooked investors.
Britain's Heathrow lost almost 6. 3 million passengers in April compared with the same month in 2019, figures released on Tuesday by the airport revealed.
The British government has reduced its stake in NatWest Bank at a hefty loss to the taxpayer.
European shares fell from record highs as a sharp sell-off in tech stocks on Wall Street and weaker Asian markets spooked investors amid fears of rising inflation.
UK supermarket Morrisons reported a marked slowdown in quarter-on-quarter sales but reiterated guidance for full-year profits growth and lower debt.
European stocks were flat to slightly weaker by midday on Monday, as the pound moved above $1. 41 for the first time since February.
European stocks pushed further into record territory at the opening on Monday as the pound moved above $1. 40 on hopes of holiday travel and reopening of economies.
British Gas owner Centrica said it continued to expect year-on-year operating cost savings of more than £100m this year as part of its restructure plans.
European shares nudged record levels on Friday, boosted by strong US markets, an upbeat outlook from sportswear maker Adidas and reports that UK aerospace engineer Meggitt could be a takeover target.
British Airways owner IAG reported a first quarter operating loss of €1. 06bn and pulled full-year guidance as the Covid pandemic continued to batter the airline industry.
European shares hit record levels at the opening on Friday, boosted by strong US markets, an upbeat outlook from sportswear maker Adidas and reports that UK aerospace engineer Meggitt could be a takeover target.
Syncona portfolio company Gyroscope Therapeutics Holdings has postponed plans for its initial public offering in light of current market conditions, the healthcare firm said on Friday.
Online ticket platform Trainline widened annual losses as passenger demand plunged during the Covid-19 pandemic, but said it was seeing the first signs of recovery as lockdowns ease and non-essential travel resumed.
European markets edged ahead at the opening on Thursday as strong earnings from Societe Generale cheered investors who were also eyeing a policy decision from the Bank of England.