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Europe midday: Shares still lower on hawkish central bank comments
European shares slumped at the open on Thursday after warnings from central bankers that inflation would be more persistent than originally thought, sparking fears of a recession.
UK Grid prepares to pay cos cash to cut power use this winter - report
National Grid is asking UK companies how much electricity demand they will be able to cut next winter to help keep the lights on, Bloomberg reported, citing documents.
IAG converts 14 A320neo options into firm orders
British Airways owner International Airlines Group (IAG) said was converting 14 A320neo orders into firm orders for 11 A320neos and three A321neos.
Europe open: Central banker inflation warnings hit shares
European shares slumped at the open on Thursday after warnings from central bankers that inflation would be more persistent than originally thought, sparking fears of a recession.
Hunting sees rise in H2 core earnings as oil price surges
International energy services group Hunting said first-half trading was in line with expectations as it forecast a return to annual bottom-line profitability.
Nationwide sees 'tentative' slowdown in house prices after June figures
The pace of growth in UK house prices in June slowed from the previous month, with “tentative” signs of a slowdown in the market, mortgage lender Nationwide said on Thursday.
Asia report: Shares lower on Powell comments; China outperforms on PMI
Asian shares were broadly lower on Thursday on warnings from central bankers that inflationary pressures would continue, fuelling worries over a recession.
Smiths completes de-risking of TI Group scheme with £640m buy-in
Smiths Group said it had completed a £640m bulk annuity buy-in with Rothesay Life to de-risk one of its pension schemes.
Bunzl sees operating margins slightly higher than historic levels
Distribution and services group Bunzl said first-half operating margin was expected to be slightly higher than historic levels as inflation and acquisitions drove underlying growth.