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Europe midday: Shares continue retreat after US inflation spike
European shares continued their retreat on Thursday as a rapid rise in US inflation and falling commodities prices hammered sentiment.
BT ramps up fibre-to-home rollout target to 25m by end-2026
UK telecoms operator BT said it was extending its full-fibre broadband network to 25m premises by the end of 2026, and would aim to fund the 5m extra premises through a joint venture.
Rolls-Royce expects to turn cash-flow positive in second half
Rolls-Royce engines flew at 40% of 2019 levels in the first four months of this year as the company said it expected to turn cash-flow positive in the second half as airline travel recovered from the Covid pandemic.
Europe open: Shares slide on jump in US inflation
European shares started Thursday on the back foot as a rapid rise in US inflation confirmed recent investor fears.
Hipgnosis buys catalogue from producer Andy Wallace
Music rights fund Hipgnosis said it had bought a catalogue from Grammy Award-winning producer, mixer and engineer, Andy Wallace for an undisclosed sum.
Balfour Beatty 'on track' to deliver underlying earnings
Infrastructure company Balfour Beatty on Thursday said its earnings-based businesses were on track to deliver underlying profit from operations of £172m for 2021, in line with 2019.