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UK businesses call for 'open but controlled migration' post-Brexit
British businesses have called for the UK government to pursue a more open immigration policy in Brexit talks to ensure European Union workers are not subject to non-EU visa rules.
US close: Markets end red despite solid jobless claims data
US indices finished lower across the board on Thursday, despite better-than-expected readings on jobless claims and factory gate prices, with investors apparently playing it safe as the Wall Street trio continue to push nearer their record highs.
FX round-up: Turkish lira plummets amid speculation emergency rate hike imminent
The biggest price action in the foreign exchange arena on Thursday was in the Emerging Markets space, amid speculation that Ankara might be forced into an emergency rate hike as soon as Thursday evening, although the standard central bank playbook was for the monetary authority to wait until the weekend, hopefully giving it time to explain its actions to market participants.
Commodities: WTI dips, UniCredit sees scope for powerful 'short covering' in copper
Commodity prices slipped on Thursday, amid slight losses in the energy complex, with trading in the main metals contracts mixed.
Adidas reports impressive Q2 results despite Reebok impairment
German sportswear maker Adidas impressed analysts with strong second-quarter net profits on Thursday despite the challenges faced by its Reebok unit.
Director dealings: Next board member sells out
Next's group new merchandise and operations director and executive board member, Richard Papp, sold a big bundle of shares in the fashion retailer on Thursday.
Europe close: Stocks higher as single currency slips, European EMs in focus
Stocks on the Continent finished mostly higher on Thursday, with renewed weakness in the single currency buoying shares amid lacklustre summer trading, despite significant volatility in Russian and Turkish assets, the currency of the latter in particular.
Sector movers: Engineers pace gains
Cyclicals were pacing gains in the market on Thursday, with Industrial Engineering and Industrial Metals&Mining leading the advance.
Elektron Techology set to exceed expectations after double-digit sales growth
Elektron Technology on Thursday reported a 16. 9% rise in sales which were "significantly ahead of the prior year" and ahead of market expectations.
Broker tips: Cineworld, Card Factory, Capita
Analysts at Numis and Peel Hunt reacted positively to Cineworld's latest interims.
Numis and Peel Hunt positive on Cineworld
Analysts at Numis and Peel Hunt reacted positively to Cineworld's latest interims.
London close: Stocks finish on mixed note
Stocks were under water at the end of trading on a wet Thursday in London as sharp losses for travel group Tui and a slew of ex-dividends weighed.
Friday preview: How well has the UK economy bounced back?
On Friday we will see how well the UK economy bounced back in the second quarter of the year after the weather front known as the Beast from the East mauled the country at the start of the year.
Global airline passenger demand rises in June - IATA
The International Air Transport Association (IATA) said that in June global passenger demand growth had accelerated to 7. 8% versus a year ago.
EU nations debating Brexit concessions
Reports suggest that the EU is considering a Brexit deal which will allow Britain to remain in the single market for goods if the UK replicated all environmental, social, and customs rules in return.
Pennant provisionally selected for £25-30m training programme
Training and support solutions provider Pennant International has been provisionally selected on a major programme for an unnamed customer.
FTSE 250 movers: Cineworld has a blockbuster, commiserations for Card Factory
London's second-tier index was up 0. 05% at 20,781. 92 in afternoon trade on Thursday.
Turkish lira withering under pressure from Washington
The souring of Turkish and US relations on Thursday sent the Turkish lira to a record low in London trading, with the currency plunging over 3% to 5. 4385 per US dollar, after an unnamed US official said that a Turkish delegation had on Wednesday refused to commit to the release of American pastor Andrew Brunson, who is being held on charges of espionage.
Mattioli Woods buys Broughtons for up to £4m
Wealth management and employee benefits business Mattioli Woods has announced the acquisition of wealth management advice and administration group Broughtons for up to £4m.
House prices stabilise, rents on the rise - surveyors say
The UK housing market showed more signs of stability, surveyors said on Thursday, though rents could rise 15% by 2023 as the supply of landlords' properties dries up.