{{ storiesRelated.title }}

17 May
FX round-up: Pound finds slight bid even as US dollar grinds higher

The pound edged higher on Thursday on the back of reports that the UK was preparing its own backstop deal to guard against the risk of delays in the Brexit negotiations that might see the country simply crash out.

17 May
mark carney boe
Bonds: Gilts underperform amid reports around Brexit backstop deal

These were the movements among some of the most widely-followed 10-year sovereign bonds:.

17 May
Results round-up

Beleaguered mother and child retailer Mothercare has confirmed the closure of 50 stores, announced a refinancing package and said it was re-hiring chief executive Mark Newton-Jones, who stepped down last month, as it swung to a full-year pre-tax loss.

17 May
Commodities: Brent tops $80 per barrel for the first time since 2014

Moves in the commodities space were muted on Thursday, despite the news headlines around oil after Brent crude futures topped the $80 per barrel mark for the first time since 2014.

17 May
exploration well, oil & gas
Red Emperor's shares suffer as joint-venture agreement reworked

Red Emperor Resources announced on Thursday that it has entered into an amended heads of agreement with Oil Ventures Pty Limited for the acquisition of several strategic leases in California.

17 May
kilaeua hawaii usgs phreatic volcan
Market buzz: Ocado surge 'inflicts pain' on shorts, Footsie hits record close

1704: Not often we have volcano news, but reports from Hawaii say the Kilauea volcano has erupted from its summit, sending a dusty plume of ash about 30,000 feet into the sky.

17 May
Europe close: Italian coalition talks, global trade tensions in focus

The main share indices on the Continent finished with across-the-board gains as markets waited on the details of the government coalition deal between Italy's two main anti-establishment parties, the Five Star and the League.

17 May
city of london skyline
London close: FTSE finishes at record high, Ocado leads retail rally

London stocks closed at a record high on Thursday as a stronger oil price and stronger dollar combined with some well received results from Experian and National Grid.

17 May
ep contaminacionla ciudadmadrid 20171118120503
UK taken to Europe's highest court over excessive pollution

The European Commission is dragging the UK along with Germany, France, Italy, Romania and Hungary before its highest court for breaching legal limits on levels of pollution and for failing to meet the caps set by Brussels on emissions of nitrogen dioxide.

17 May
burberry belt bag
Burberry 'not expensive as a turnaround story', analysts believe

Burberry was given another lift a day after the luxury clothing label's encouraging results as analysts at Credit Suisse, UBS and others lifted their targets for the shares.

17 May
oil portada
Oil reaches $80 mark for the first time since 2014

A warning from the head of France's Total that it will stop development of a key Iranian gas field has pushed oil prices back above $80 a barrel for the first time since 2014.

17 May
ep avionwizz air
Broker tips: Wizz Air, Cineworld, Softcat

Analysts at Deutsche Bank initiated coverage on budget carrier Wizz Air on Thursday, choosing to hit the group's shares with a 'buy' rating right out the gate.

17 May
London Stock Exchange AIM LSE shares
Director dealings: Taylor Wimpey chairman's wife lowers stake

Jayne Beeston, the wife of Taylor Wimpey's chairman Kevin Beeston, sold 550,000 ordinary shares in the FTSE 100 housebuilder on Thursday.

17 May
New York Stock Exchange, NYSE, markets, Wall Street, US, America. Photo: George Rex
US open: Stocks open lower as Dow hit by Walmart and Cisco earnings misses

US stocks opened lower on Thursday, with Wall Street investors keeping a close eye on still-elevated bond yields, trade talks with China and a Dow being weighed down by the likes of Walmart and Cisco Systems.

17 May
ep petroleo 20171124150804
Eland Oil & Gas drafts in rig for Ubima well

Resource production and development firm Eland Oil & Gas announced on Thursday that it has signed a rig contract with KCA Deutag for the T-57 land rig to workover the Ubima-1 well in Nigeria.

17 May
Finsbury Food cake
Real Good Food's shares slump after terms for cash injection finalised

Diversified food company Real Good Food announced on Thursday that it has finalised the terms of funding arrangements with its three major shareholders.

17 May
eports gfinity gaming
Gfinity shares boosted by appointment of sports industry titan

Esports company Gfinity PLC’s shares jumped on Thursday after the company announced the appointment of experienced sports executive Garry Cook as its new executive chairman.

17 May
Gambling, betting, gaming, bookies. Image:
UK govt cuts FOBT maximum stake to £2

The UK government on Thursday cut the maximum stake on fixed-odds betting terminals (FOBTs) from £100 to £2 in a move that delighted anti-gambling campaigners and brought a mixed reaction from the industry.

17 May
ocado jobs work employment
FTSE 250 movers: Ocado soars on US tech deal; Hill & Smith under the cosh

London's FTSE 250 was up 0. 8% to 20,995. 41 in afternoon trade on Thursday amid a flurry a corporate news.

17 May
london puente
FTSE 100 movers: Bookies bounce back from FOBT cut; Royal Mail hit by data laws

Credit checker Experian was top of the FTSE 100 gainers board on Thursday afternoon gained after the company said full-year profits fell but revenue growth accelerated towards the end of the year,.