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Europe midday: Shares stay in the red as Soitec plunges
European stocks were still lower at midday on Thursday as investors fretted about inflationary pressures.
Deliveroo posts tasty rise in Q4 gross order value
Online food delivery platform Deliveroo reported a 36% rise in fourth-quarter gross transactional value as it hit a top-of-guidance 70% increase during 2021.
Revolution Bars hit by Omicron over Xmas but sees FY in line
Revolution Bars Group said it was confident of meeting full-year expectations despite a decline in trade over Christmas as Covid Omicron cases surged.
Europe open: Shares lower as inflation worries hit sentiment
European stocks opened in subdued mood on Thursday despite a rally in Asian stocks overnight, as investors fretted about inflationary pressures.
Entain lifts lower end of FY guidance as Covid curbs ease
Ladbrokes and Bwin owner Entain raised the lower end of core earnings guidance despite a 9% fall in fourth-quarter online net gaming revenue against a tough 2020 comparator.
Primark sales up 36% despite Omicron hit over Christmas
Associated British Foods said fourth quarter sales at its Primark stores rose 36% despite a hit from the surge in Covid Omicron cases, but were now showing signs of recovery as it maintained full-year group guidance.
Asia report: Shares up as China cuts rates to boost growth
Asian stock markets closed higher on Thursday as China cut interest rates in response to a slowdown in economic growth and Japan reported a rise in export values.