Latest News
BHP wins two Canada exploration licences; assures on iron ore shipments
Australian mining giant BHP Billiton said it had won two offshore eastern Canadian exploration licences in the Orphan Basin for $625m.
Grainger teams up with Lewisham Council on New Cross development
Residential property group Grainger has inked a partnership with Lewisham Council to deliver as many as 300 new purpose-built private rental properties in New Cross Gate, London.
Howden Joinery reiterates guidance following solid quarter
Kitchens outfitter Howden Joinery reiterated its full-year expectations on Thursday as it turned in a solid trading performance from the second quarter of its financial year, including the all-important October-November period.
London open: Stocks rise on strong US cues; Fed announcement eyed
London stocks rose in early trade on Thursday, taking their cue from strong gains on Wall Street as investors prepared for the latest policy announcement from the Federal Reserve.
BBA Aviation sees FY in line despite softer US market
BBA Aviation on Thursday said it expected full year underlying operating profit to be broadly in line with expectations as its Ontic and discontinued ERO businesses, offsetting a softer than expected US market.
BAE Systems reiterates 2018 guidance
Defence company BAE Systems reiterated its 2018 guidance on Thursday, saying underlying earnings per share should be in line with the previous year, with some small benefit from exchange translation.
Burberry backs guidance, hails 'exceptional' response to Tisci collection
Luxury fashion brand Burberry said on Thursday that the response to new creative head Riccardo Tisci's 'Kingdom' collection has been "exceptional" as it posted a rise in interim like-for-like sales.
AstraZeneca returns to product sales growth
AstraZeneca's product sales returned to growth in the third quarter as new cancer drugs especially began to make a noticeable impact on the top line, though poorer profits persisted.
UK house prices drop to lowest level in six years - RICS
UK house prices fell to their lowest level in six years in October, according to a survey released on Thursday.
Astra and BAE on track
London open Ahead of the opening bell on Thursday, traders in the City were predicting a 28-point rise in the FTSE 100 to 7,130.
Auto Trader interims accelerate by 9%
Interim pre-tax profit at classified and online advertiser Auto Trader rose 9% to £114. 5m driven by strong adoption of new products and advertising packages by both retailers and manufacturers.
London pre-open: Stocks to rise on strong US cues; Fed in focus
London stocks were set for a positive start on Thursday after a solid session on Wall Street, which saw the Dow rally more than 500 points as investors welcomed the outcome of the mid-term elections.
Thursday newspaper round-up: RICS, MoD, Toshiba, News Corp
The UK property market is at its weakest for six years, with prices flat or falling across half the country according to Britain’s official surveyors body, with reports that sales are “in limbo” until a Brexit deal emerges. The Royal Institution of Chartered Surveyors (Rics) said its monthly survey of members found “the weakest reading since September 2012” in October, with prices falling in London, the south-east, south-west and East Anglia. – Guardian.