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Sabre motors towards improved combined ratio
Motor insurer Sabre Insurance Group said it expected to deliver a lower-than-targeted combined ratio as its focus on underwriting over profit growth continued.
US close: Stocks test technical support despite lower-than-expected CPI
The sell-off on Wall Street continued on Thursday, despite a lower-than-expected reading on consumer prices, as market participants tried to tried to figure out just how high the central bank would lift interest rates, even as they mulled over the uncertain backdrop on trade with China, the upcoming mid-term elections and stockmarket valuations.
Friday preview: China trade and US corporate results in focus
All eyes will be on the Far East at the end of the week, with trade figures from China, referencing the month of September, set for release overnight.
Europe close: Stocks finish near their session lows
Stocks on the Continent finished near their session lows, tracking the big declines seen in Asia overnight, where investors had replicated the losses sustained on Wall Street during the previous session.
Three-day week could be needed after Brexit, OBR warns
The UK could move to a 1970s-style three day week to conserve energy in the event of a worst-case Brexit scenario, the Office for Budget Responsibility warned on Thursday.
Jefferies initiates coverage on Aston Martin at 'underperform'
Jefferies initiated coverage on the shares of newly-listed automaker Aston Martin on Thursday with an 'underperform' rating and a target price of 1,400p per share, noting that as the iconic British firm's IPO did not include any primary capital, selling shareholders may have missed a chance to start a relationship with public equity markets "on the right foot".
Director dealings: Fevertree's Unilever man buys on the dip
A Fevertree Drinks director sucked up £242,915 of shares in the premium mixers maker following a sharp selloff in the past fortnight.
Broker tips: Wizz Air, Aston Martin
Analysts at Berenberg cut their target price on low-cost European carrier Wizz Air on Thursday based on fuel and currency headwinds.
London close: FTSE slides to lowest finish since end-March
London joined in with the heavy selling across European stock markets on Thursday amid discomfort about rising US interest rates.
Walgreens Boots Alliance sales growth falls just short of analyst expectations
Walgreens Boots Alliance bounced back on Thursay shares, following a drop after its sales failed to meet Wall Street’s expectations during the company’s fiscal fourth quarter.
FTSE 250 movers: Gold miners buoyed as global sell-off endures
London's mid cap index was down 1. 39% at 18,970. 95 on Thursday afternoon, led by Keller and WH Smith.
Catering group Compass poaches Kingfisher CFO Karen Witts
Compass Group has poached its new chief financial officer, Karen Witts, from B&Q owner Kingfisher.
Glanbia to buy SlimFast for $350m
Global nutrition company Glanbia has agreed to buy weight management and health and wellness brand SlimFast from owners KSF Holdings and HNS Intermediate Corporation for $350m.
Segro agrees to sell Rome warehouse for EUR118m
Property investment and development company Segro has exchanged contracts for the sale of a warehouse in Rome for €118m.
DiscoverIE turns in solid performance from design and manufacturing unit
DiscoverIE saw some strong trading throughout the second quarter of the year, telling investors on Thursday that it remained on track to deliver full-year earnings in line with its expectations.
May to brief ministers on Brexit tensions
Prime Minister Theresa May will meet ministers on Thursday afternoon to discuss Brexit negotiations with the EU as the government faces tensions from the Democratic Unionist Party.
Bitcoin falls 5% as crypto join massive equities selloff
Bitcoin lost around 5% of its market value and dragged ripple, ethereum, stellar, litecoin, EOS and bitcoin cash down with it as cryptocurrencies joined a global sell-off in equities on Thursday.
US open: Mixed start on the Street following major sell-off in previous session
Wall Street trading got off to a mixed start on Thursday following the full-blown bloodbath seen during the previous session.
FTSE 100 movers: Gold miners shine as investors flock to safety; housebuilders drop
London's FTSE 100 was down 1. 6% at 7,031. 14 in afternoon trade on Thursday amid a global stock-market rout.
Patisserie Holdings will cease trading without immediate capital injection
A day after warning over potential fraud and revealing that it had received a winding up order from HMRC over unpaid tax, Patisserie Holdings said it would not be able to keep trading in its current form without an immediate injection of capital.