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oil platform meggitt
FTSE 250 movers: Meggitt advances; LXI REIT retreats

London’s FTSE 250 was up 1. 1% at 17,380. 92 in afternoon trade on Thursday.

FTSE 100 movers: IAG flies higher; DS Smith slumps

London’s FTSE 100 was up 1. 4% at 6,245. 58 in afternoon trade on Thursday.

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Carnival's AIDA Cruises to extend operations pause to end of August

Carnival said on Thursday that AIDA Cruises, its German subsidiary, has extended the pause of its operations until the end of August amid the coronavirus pandemic.

Forterra raises £55m in placing to bolster balance sheet

Forterra said on Thursday that it has raised around £55m in a placing to bolster its balance sheet.

bourse-londres-london-stock-exchange 20200127192818
London midday: Stocks gain on Covid vaccine hopes; airlines fly higher

London stocks were still in the black by midday on Thursday on hopes of a potential coronavirus vaccine, as investors eyed the release of the latest US non-farm payrolls report.

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Liberum downgrades Auto Trader, says stock fully valued

Liberum downgraded its rating on shares of Auto Trader on Thursday to ‘hold’ from ‘buy’ and cut the price target to 515p from 640p as it said the stock looks fully valued given the uncertain outlook.

ds smith
DS Smith annual profit rises on e-commerce demand; revenue dips

Packaging company DS Smith reported a 5% increase in full-year profit on Thursday as strong e-commerce demand offset weaker demand from industrial customers, but revenue dipped amid weak paper pricing in Europe and North America.

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London open: Stocks rise on Covid vaccines hopes, ahead of payrolls

London stocks rose in early trade on Thursday amid hopes of a potential coronavirus vaccine, as investors eyed the release of the latest US non-farm payrolls report.

LXi REIT says 84% of June to September rent collected

LXi REIT said on Thursday that so far it has received 84% of its rent for the June to September quarter.

ep aviones de ryanair 20200309175105
Ryanair traffic slides 97% in June

Ryanair passenger numbers tumbled in June as the coronavirus pandemic continued to take its toll on the airline industry.

bourse-londres-london-stock-exchange 20200127192818
London pre-open: Stocks seen up amid Covid-19 vaccine hopes

London stocks were set to rise at the open on Thursday as investors welcomed news of a potential coronavirus vaccine.

Thursday newspaper round-up: Water companies, EU-UK trade, Wirecard

More than 6,000 retail jobs were cut from the UK high street on Wednesday as the full impact of the pandemic on the high street – combined with the wind-down of the government furlough scheme – starts to emerge. The latest job losses – from retailers ranging from Harrods to Philip Green’s Arcadia group and SSP, the company behind hundreds of railway and airport eateries – bring the total cuts announced this week to more than 10,000. – Guardian.

01 Jul
FTSE 250 movers: B&M European Value rallies; John Laing slumps

London’s FTSE 250 was up 0. 6% at 17,215. 25 in afternoon trade on Wednesday.

01 Jul
ep aviones de ryanair 20200309175105
Ryanair pilots accept 20% pay cut to save jobs

Ryanair pilots have accepted a temporary 20% pay cut to avoid job losses, Balpa said on Wednesday.

01 Jul
Helios Towers appoints Tom Greenwood as COO

Telecom tower infrastructure company Helios Towers has appointed chief financial officer Tom Greenwood to the newly-created role of chief operating officer.

01 Jul
smith nephew rotation medical rotator cuff shoulder
FTSE 100 movers: Smith & Nephew rallies; Hargreaves Lansdown hit by downgrade

London’s FTSE 100 was up 0. 2% at 6,181. 01 in afternoon trade on Wednesday.

01 Jul
schroders building
Schroders to buy majority stake in real estate investment manager Pamfleet

Schroders has agreed to buy a majority stake in Asian real estate investment manager Pamfleet.

01 Jul
factory, factories, manufacturing, manufacturer
UK manufacturing sector stabilises in June

The UK manufacturing sector stabilised in June following a steep downturn sparked by the coronavirus pandemic, according to data released on Wednesday.

01 Jul
spire healthcare
Spire Healthcare to pay £1.2m fine for ophthalmology price fixing

Private hospital operator Spire Healthcare has been fined £1. 2m by the Competition and Markets Authority after admitting that it had facilitated an illegal arrangement with consultant ophthalmologists at one of its hospitals who fixed fees for private consultations.

01 Jul
british land broadgate
British Land says 64% of its England stores now open

Real estate company British Land said on Wednesday that 64% of its stores in England are now open, with like-for-like retail sales in the week beginning 14 June 91% of the same week last year.