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Latest News
07 Feb
wall street
US open: Wall Street trading opens with losses as earnings continue to pour in

Wall Street trading began with losses on Thursday as investors sifted through more company earnings releases, with social media giant Twitter, in particular, under the cosh following the release of its quarterly numbers.

07 Feb
mark carney bank of england pound sterling gbp tenner
Sector movers: Banks hit by BoE, tobacco and drinks continue rally

Only a few sectors were in positive territory on Thursday after the Bank of England and the European Commission both cut growth forecasts for the next two years.

07 Feb
Amphion Innovations still considering funding options

Amphion Innovations said on Thursday that it was not aware of any reason for the recent movement in its share price and that it is still considering its funding options.

07 Feb
Strix Group offers $1.3m for some of Halosource's China, US assets

Kettle safety controls manufacturer Strix Group said on Thursday that it has offered to buy certain US and Chinese assets from Halosource for $1. 3m in cash.

07 Feb
bank of england 1 november
BoE says Brexit having greater than anticipated effects on UK

Rate-setters at the Old Lady of Threadneedle Street chose to keep a steady hand on the tiller on Thursday, even as they cut their near-term economic forecasts for the UK in the face of slower growth abroad and the stiffer-than-anticipated headwinds from Brexit.

07 Feb
meeting, takeover, talks, bid, merger, acquisition
DP Poland shares tumble as CEO exits ahead of heavily discounted placing

DP Poland shares took a nosedive on Thursday after the pizza delivery outfit announced its intention to raise some cash in order to maintain its medium-term store roll-out plans and support its sales and marketing programmes.

07 Feb
trump-affirme-n-avoir-jamais-travaille-pour-la-russie
House to open probe into Trump's links with Russia

House Intelligence Committee Chairman Adam Schiff announced on Wednesday that his committee would open an investigation into President Donald Trump’s personal financial interests and his links with foreign powers.

07 Feb
Dairy cows, milk, butter, food
Starcom beefs up revenue with $0.5m cattle monitoring contract

Starcom entered into a new agreement with Xplosive Solutions which will see Starcom supply Kylos cattle monitoring technology to the South African farm protection outfit.

07 Feb
cybg, clydesdale
Thursday broker round-up

EI Group: Peel Hunt downgrades to hold with a target price of 215p.

07 Feb
angela-merkel-allemagne
Europe midday: Stocks reel after EU slashes growth forecasts

Stocks across the Channel are reeling after the European Union's executive arm slashed its near-term forecasts for economic growth across the bloc, even as traders paused for breath given recent strong gains in stockmarkets.

07 Feb
money pound cash
Brexit not a 'lasting cause for concern', says BP Marsh

Venture capital firm BP Marsh saw revenues and profits continue to increase across the majority of its investments in its last trading year.

07 Feb
City workers
Jobless claims drop less than expected

The number of Americans filing for unemployment benefits fell less than expected last week, according to figures from the Labor Department.

07 Feb
navy naval defence babcock
Babcock slashes workforce at Scotland's Rosyth shipyard

Engineering and defence firm Babcock International is making 150 workers at its Rosyth shipyard in Dunfermline redundant, which unions blamed on the government giving Royal Navy fleet contracts to international rivals and delays on the Type 31e frigate.

07 Feb
meeting, takeover, talks, bid, merger, acquisition, directors, board
SunTrust Banks and BB&T to merge in $66bn all-share deal

BB&T and SunTrust Banks have agreed to combine in an all-stock merger of equals valued at approximately $66bn, in a deal that will create the sixth-largest US bank based on assets and deposits.

07 Feb
oil gas petrofac
Petrofac's ex-sales chief pleads guilty to bribery charges

Shares in Petrofac tumbled on Thursday after the oil services group's former global sales chief pleaded guilty to eleven counts of bribery as part of an ongoing Serious Fraud Office probe into the company.

07 Feb
audition-au-congres-mardi-pour-youtube-facebook-twitter
Tech giants must collect less data, EU regulators say

Facebook, Amazon and Google may be forced to review their business models in Europe as German and Belgian regulators are challenging them over competition and copyright.

07 Feb
ep melbourne capital victoria australia
Asia report: Hints of Australian rate cut raises investor hopes

Most Asian markets climbed on Thursday after the governor of Australia’s central bank said a cut in interest rates "might be appropriate at some point", but India made a surprise rate cut.

07 Feb
Wall Street, New York Stock Exchange, markets, traders, US, America
US pre-open: Stocks to drop as earnings roll in; Twitter slumps after Q4

US stock futures pointed to a downbeat open on Wall Street on Thursday as investors sifted through more earnings releases, with Twitter under the cosh following the release of its quarterly numbers.

07 Feb
bank of england
London midday: FTSE pares losses as pound dips after BoE announcement

London stocks had flattened out by midday on Thursday as sterling lost ground after a dovish policy announcement from the Bank of England paired with cuts to its forecasts for UK growth.

07 Feb
Oil and gas drilling in India
SDX Energy expands presence in Morocco

North Africa focused oil and gas company SDX Energy has increased its presence in Morocco with the awards of the Moulay Bouchta Ouest and Lalla Mimouna Sud licenses.