Latest News
Globalworth buys Warsaw office block for EUR 55m
Globalworth Real Estate announced the acquisition of Warta Tower, a modern office tower in the City Centre West district of Warsaw, by Globalworth Poland for a consideration of €55m on Thursday.
NAHB housing market index dips in March but still strong
Sentiment among US housebuilders remained strong in March, according to data released on Thursday.
Broker tips: Hammerson, Tesco, Imperial Brands
Goldman Sachs and Credit Suisse have passed judgement on Hammerson and its proposed takeover of Intu – but with diverging views of the shopping centre operator’s prospects.
Amryt Pharma pleased with progress, announces new in-licence agreement
Rare and orphan disease-focussed biopharmaceutical company Amryt Pharma updated the market on its trading on Thursday, and announced that it has concluded terms for an exclusive in-licence agreement for a novel gene therapy platform, offering a “potentially exciting” treatment for patients with epidermolysis bullosa (EB).
Ten Lifestyle Group signs big contract with HSBC
Technology-enabled lifestyle and travel platform Ten Lifestyle Group has signed a “significant contract” with HSBC Group, it announced on Thursday, to provide concierge services to one of the group's exclusive wealth propositions.
US import prices rise most since April 2017 in February, but shy of forecasts
Import prices rose at a slower pace than expected last month, amid a decline in the cost of fuel imports and downwards revisions to data for the previous months.
Thursday broker round-up
Antofagasta plc: Canaccord upgrades to buy with a target price of 1,090p.
Asia report: Markets mixed as Trump trade fears continue
Markets in Asia finished mixed on Thursday, with political developments in the US remaining in focus, as the White House said it wanted China’s trade surplus with the US to drop by $100bn.
Unilever opts for Rotterdam over London in head office shake-up
Unilever and the UK government have denied the consumer goods giant's decision to base its head office in the Netherlands is a vote of no-confidence in Brexit Britain.
US initial jobless claims drop by 4K as expected
The number of Americans filing for unemployment benefits declined in line with expectations last week, according to data released by the Labor Department on Thursday.
Empire State manufacturing gauge jumps past forecasts in March
A widely-followed gauge of factory sector activity in the jurisdiction of the Federal Reserve bank of New York jumped sharply in March.
Zinc Media shares dip in spite of company's swing to profits
Zinc Media shares dropped over 10% despite the company have swung to a profit for the six months leading up to 31 December on the back of a 6% rise in revenues to £9. 76m.
Goldman and Credit Suisse at odds on Hammerson's prospects
Goldman Sachs and Credit Suisse have passed judgment on Hammerson and its proposed takeover of Intu – but with diverging views of the shopping centre operator’s prospects.
GKN's largest customer tolls death knell for Melrose deal
GKN's largest customer, Airbus, has suggested it would withdraw custom from the FTSE 100 engineer in the event of the proposed hostile takeover by Melrose International.
Philly Fed index drops a little more than expected in March
Manufacturing conditions in the Philadelphia region deteriorated a little more than expected in March, according to a survey out on Thursday.
Europe midday: Stocks higher, central banks and international trade in focus
Stocks are holding higher despite somewhat hawkish rhetoric from rate-setters in Norway and Switzerland, against a backdrop of continuing trade tensions, with the market spotlight having shifted to the US and China.
London midday: Unilever, Cussons, trade fears all drag on FTSE
London stocks had pared earlier gains by midday on Thursday amid worries about a possible trade war between the US and China, while news that Unilever is shunning the UK for new headquarters in Rotterdam did little to boost sentiment.
US pre-open: Stocks seen muted as investors eye raft of data
US futures pointed to a muted open on Wall Street on Thursday following three days of losses amid worries about a trade war, as investors eyed a slew of data releases.
Finance Industry attempts to tackle scams as consumers lose £236m
UK consumers lost £236m due to authorised push payment scams in 2017 as deception and impersonation continue to drive fraud according to data released by UK Finance on Thursday.
Europe open: Stocks higher despite hawkish comments from Bank of Norway, SNB
Stocks are moving higher despite continuing trade tensions and somewhat hawkish rhetoric from rate-setters in Norway and Switzerland.