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Europe midday: Shares extend losses as London Covid curbs tightened
European stocks were lower in lunchtime trade as London was placed under stricter Covid-19 measures amid tightening restrictions across Europe, while dwindling hopes of another US stimulus deal and a crunch Brexit summit in Brussels also worried investors.
Dunelm Q1 sales up on digital, in-store demand
UK home furnishing retailer Dunelm on Thursday reported a 37% jump in first-quarter sales, boosted by higher online demand, as well as a recovery in its stores after Covid-19 lockdowns were eased.
AO World revenues rise 57% after strong second quarter
Online electrical retailer AO World said it expected half-year revenue to rise by more than half driven by strong demand in the UK and Germany.
Europe open: Shares lower on Covid worries, fading US stimulus hopes
European stocks were firmly in the red in early Thursday trade as investors fretted over tightening coronavirus restrictions across Europe, the dwindling hopes of another US stimulus deal and a crunch Brexit summit in Brussels.
Ryanair cuts winter capacity to 40% on new Covid restrictions
Budget airline Ryanair said it was cutting planned winter capacity by a third due to the latest round of travel restrictions across Europe.