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Latest News
29 Nov
US house USA United States of America housing
US pending home sales unexpectedly drop

US pending home sales unexpectedly dropped in October, according to data from the National Association of Realtors.

29 Nov
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Abercrombie and Fitch soars after upping fourth-quarter guidance

Shares of clothing retailer Abercrombie and Fitch soared in early trade on Thursday after the group projected same-store sales to come in ahead of analysts’ estimates in the all-important holiday quarter.

29 Nov
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Thursday broker round-up

Cobham: Berenberg upgrades to buy with a target price of 124.

29 Nov
Astrazeneca
Genedrive to participate in three-country HCV therapy study

Near-patient molecular diagnostics company Genedrive announced on Thursday that it will participate in an international multicentre trial, designed to assess the impact of outreach HCV diagnostics and therapy in a pharmacy setting when compared conventional treatment pathways.

29 Nov
italy italian flag
Directa Plus signs collaboration deal with Ambienthesis

Graphene-based products producer Directa Plus has signed a collaboration agreement with Ambienthesis, it announced on Thursday.

29 Nov
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Asia report: Most markets higher ahead of Trump-Xi meeting

Most markets in Asia were in the green on Thursday, as investors placed their bets ahead of a crunch meeting between Xi Jinping and Donald Trump on the sidelines of the G20 summit in Buenos Aires.

29 Nov
theresa may pool
Prime Minister refuses to be drawn on prospects for no-deal Brexit

The Prime Minister has refused to speculate on what will happen if the draft Withdrawal Agreement fails to secure Parliament’s backing - but conceded a "decision would have to be taken".

29 Nov
haydale graphene
Haydale Graphene boosted as Taiwanese operation begins commercial shipping

Haydale Graphene Industries' Taiwanese HTW operation started to ship commercial quantities of its graphene ink for diabetes test strips on Thursday.

29 Nov
ep jerome powell
US personal spending snaps back, 'core' PCE prices dip more than expected

Consumer spend in the US snapped back last month, mirroring the improvement seen in personal incomes and helped by a dip in prices.

29 Nov
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Altona Energy suspends Westfield operations and appoints new chairman

Altona Energy’s shares dropped on Thursday after activities were temporarily halted at a project in Australia and the company’s chairman was replaced.

29 Nov
FireAngel Safety signs contract with Glasgow housing association

FireAngel Safety Technology Group has signed a contract to supply Glasgow-based Queens Cross Housing Association with over 12,000 battery-powered smoke and heat alarms.

29 Nov
City workers
Initial jobless claims rise to six-month high

The number of Americans filing for unemployment benefits unexpectedly rose last week, to a six-month high, according to figures from the Labor Department.

29 Nov
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Europe midday: Stocks move higher on more 'dovish' Fed, but only slightly

Stocks are edging slightly higher across the Continent shortly after midday as investors digest a somewhat more 'dovish' or conditional policy bias from central bankers in the States and await a barrage of economic data.

29 Nov
Whitbread, Costa Coffee, restaurants, Premier Inn
Whitbread gets Chinese clearance for Costa sale

Whitbread has received clearance from Chinese authorities for its £3. 9bn sale of the Costa coffee chain to Coca-Cola.

29 Nov
Gherkin, City of London and EU flag by Descrier
UK faces 'significant challenges and risks' under no-deal Brexit, warns FCA

The Financial Conduct Authority has rallied behind the implementation period proposed by the Prime Minister, warning that the UK faces “significant challenges and risks” if it crashes out of the European Union without one.

29 Nov
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US pre-open: Stocks seen lower after strong gains; FOMC minutes eyed

US futures pointed to a slightly weaker session on Thursday following strong gains the previous day on the back of a seemingly dovish speech by Federal Reserve Chairman Jerome Powell.

29 Nov
Paypoint
PayPoint pleased with underlying growth in first half

Payment network provider PayPoint reported a 1. 6% fall in net revenue in the six months ended 30 September on Thursday, to £55. 6m on a reported basis.

29 Nov
drilling oil
Mayan Energy focusses on strategic development post portfolio review

Oil and gas company Mayan Energy intends to sift through the findings of its recent asset portfolio review in order to determine a strategy for its development.

29 Nov
pills tablets medicine drugs pharmaceutical
C4X enters drug discovery AI deal with GTN

Drug discovery company C4X Discovery Holdings has entered into a partnership with GTN, a new player in the field of drug discovery artificial intelligence, initially focussing on identifying potential small molecule hits against a high-value neurodegeneration target, it announced on Thursday.

29 Nov
security cctv big brother
Synectics expects profits to be in line with expectations

Surveillance outfit Synectics expects full-year underlying pre-tax profits to be "broadly in line with market expectations" after a strong showing in its gaming security division offset weaker performances elsewhere.