Latest News
US Supreme Court rules states can require payment of sales taxes online
Shares of internet giant Amazon. com are lower after the Supreme Court of the United States ruled that state governments can require the online collection of sales taxes.
Director dealings: PTSG managing director lowers stake
Roger Teasdale, managing director of specialist services provider Premier Technical Services Group, sold 2. 48m ordinary shares in the AIM-quoted firm on Thursday, shortly after being granted 5. 22m shares following the company's £10m and £12m EBITDA milestone targets being met in its last trading year.
Sainsbury's deal needs more clarity, Shore analysts say
Sainsbury’s takeover of Asda could get competition clearance but much about how the deal will play out remains unclear, Shore Capital analysts said.
Intel chief executive resigns amid 'consensual relationship' scandal
US technology giant Intel announced on Thursday that chief executive Brian Krzanich was standing down from his post, effective immediately.
FTSE 250 movers: CYBG rises on JPMorgan upgrade; housebuilders retreat
London’s FTSE 250 was down 0. 7% to 20,776. 91 in afternoon trade on Thursday as investors digested a more hawkish than expected policy announcement from the Bank of England.
FTSE 100 movers: Defence contractors and builders subside
London's blue chip index was trading lower by Thursday afternoon, led lower by defence contractors and housebuilders.
Residential Secure Income buys Luton council housing
Residential Secure Income has exchanged contracts to acquire a freehold residential building benefitting from a lease to a local authority and used to provide housing under the local authority's statutory obligations for a total consideration of £21. 3m, it announced on Thursday.
Eden Research to push new products onto market
Investors in biopesticide and microencapsulation technology company Eden Research were told of how they could soon see crop protection, animal health and consumer products on the market, as the gathered in London for their annual general meeting.
Europe midday: Stocks hold lower amid Italy, trade war concerns
European stocks are holding in the red as investors mark down the value of Italian assets after two leading Eurosceptics were named to the top spots on two key parliamentary committees in Rome.
Schroder European buys freehold logistics property in France
Schroder European Real Estate Investment Trust has exchanged contracts to purchase a freehold logistics property in Rumilly, southern-eastern France, for €8. 6m, it announced on Thursday, reflecting a net initial yield of 7. 0%.
Pembridge Resources begins roadshow to raise Minto acquisition funds
Pembridge Resources said on Thursday that, further to it announcements on 15 February and 11 June, it was beginning its its roadshow to raise proceeds of approximately $40m by way of a placing of ordinary shares, to fund its acquisition of Minto Explorations from Capstone Mining.
US initial jobless claims drop to six-week low
The number of Americans filing for unemployment benefits fell to a six-week low last week, according to data from the Labor Department on Thursday.
Philly Fed manufacturing index drops more than expected in June
Manufacturing conditions in the Philadelphia region deteriorated more than expected in June, according to a survey released on Thursday.
Nickel beats cobalt for long-term electric vehicle trends, says JPM
Examining the potential impact of the growing electric vehicle market on automotive, battery makers and mining companies, JPMorgan Cazenove tempered investor exuberance over lithium and cobalt, in favour of nickel and copper.
Koovs lands social media campaign with influential Bollywood star
AIM traded India-based Western-style fashion brand Koovs plc on Thursday landed a social media fashion collaboration with Bollywood icon Taapsee Pannu.
Dunedin Smaller Co's proposes merger with Standard Life UK trust
London-listed investment trust Dunedin Smaller Companies has agreed, in principle, to a merger with Standard Life UK Smaller Companies Trust after undertaking a strategic review of the company and its position in the UK smaller companies sector.
UK cancer cases to rise by 80% by 2035
The number of elderly people in the UK diagnosed each year with cancer is set to rise by 80% in less than two decades, a report from Cancer Research has predicted.
Rathbone acquisition of Speirs and Jeffrey a 'timely and important one', says Canaccord
Analysts at Canaccord Genuity believe Rathbone Brothers' recent acquisition of investment manager Speirs and Jeffrey was a "timely and important one" for the firm.
CYBG's Virgin buy won't disrupt bank sector, JP Morgan says
CYBG’s planned purchase of Virgin Money will form a stronger bank but is unlikely to shake up the UK banking market, according to analysts at JP Morgan Cazenove.