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Europe midday: Hawkish Fed dampens sentiment as shares slide
European stocks pared losses at midday on Thursday after hawkish comments in US Federal Reserve meeting minutes hit US shares overnight.
Europe open: Shares slump on hawkish Fed minutes
European stocks slumped by 1. 25% at the open on Thursday after hawkish comments in US Federal Reserve meeting minutes hit US shares overnight.
UK 2021 new car sales up slightly but still down 30% on 2019
UK new car registrations recorded a slight rise in 2021 but were still well behind pre-Covid-pandemic levels as semi-conductor shortages continued to hinder sales, according to figures released on Thursday.
Next lifts profits guidance again but warns on higher prices, wages
UK clothing retailer Next once again lifted full year profits guidance and announced a special dividend after Christmas sales exceeded expectations, but warned of higher prices to come and wage inflation.
Capricorn Energy withdraw litigation in India tax case
Capricorn Energy said it had withdrawn all litigation in a tax case with the Indian government, clearing the way for a $1bn refund.