Latest News
EVR Holdings dives as costs dwarf revenues
Virtual reality music content creator EVR Holdings saw its shares plummet on Thursday as it reported an almost doubled annual loss in its first year of returning revenue.
First-half revenues jump at Character; current trading 'encouraging'
Character Group said the enduring popularity of brands such as Peppa Pig, along with increased impulse buying, had boosted first half revenues and left it well positioned ahead of core winter trading.
Chariot confirms upgrade to resource at Lixus in Morocco
Atlantic margins-focussed oil and gas company Chariot Oil & Gas announced the completion of the independent competent persons report by Netherland Sewell & Associates (NSAI) over the satellite prospects adjacent to the Anchois-1 gas discovery in the Lixus Offshore Licence, Morocco.
Europe midday: Stocks slip amid rising trade tensions
Stocks remain near their worst levels of the session amid concerns that trade talks between China and the US had entered rocky waters.
Kraft Heinz to offload Italian baby food business - report
US foods giant Kraft Heinz is looking to sell baby food brand Plasmon in a deal worth potentially as much as €700m.
PowerHouse upbeat as DMG plant inches closer
Hydrogen and clean energy company PowerHouse Energy Group announced on Thursday that its development partner Waste2Tricity (W2T) has agreed that electricity generated by it at Protos using PowerHouse’s ‘DMG’ technology would be sold into a private grid operated by Protos.
FTSE 100 movers: Barratt gains but BT drops on results
London's FTSE 100 was down 0. 7% at 7,219. 14 in afternoon trade on Thursday amid growing worries about trade relations between the US and China, while ex-dividends also weighed.
Findel annual profits seen 'slightly' above market expectations
Home shopping company Findel, which recently rejected a £139. 2m takeover bid from Mike Ashley's Sports Direct, said on Thursday that it expects full-year pre-tax profit to be slightly above market expectations of £27m to £28m.
US 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.
Thursday broker round-up
Britvic: Citigroup downgrades to neutral with a target price of 950p.
Frontier Smart Technologies warns on profits
Home software manufacturer Frontier Smart Technologies warned investors on Thursday that it had swung to a loss as a result of higher competition, weak legacy sales, and the ramp-up of its new business.
Trump prepares to increase tariffs on China on Friday as negotiations resume
The US administration is moving ahead with preparations to increase its tariffs on Chinese exports on Friday even as the negotiating team from Beijing arrives in Washington for two days of talks.
Government pledges £200m to replace Grenfell-style cladding
The government has allocated £200m to remove and replace unsafe Grenfell-style cladding from around 170 privately owned high-rise buildings as frustration mounts against developers who have still failed to detach the flammable material.
Hansard Global sees strong growth in UAE; mixed results elsewhere
Financial services firm Hansard Global said new business continued to rise in the third quarter, boosted by strong growth in the United Arab Emirates.
US pre-open: Futures point to losses at the bell as trade tensions escalate
US futures were pointing to more losses at the bell on Thursday after Donald Trump told supporters at a rally in Florida that China had "broken" the two nations' trade deal.
Watchstone Group slips as loss widens
Watchstone Group on Thursday reported a wider annual loss as revenues fell as its Ingenie insurance business continued to struggle.
JKX begins drilling new sidetrack in southern Russia
JKX Oil & Gas has announced plans to suspend clearing out a well in Russia in favour of drilling a fresh sidetrack.
The Works profit seen at lower end of market views as sales growth softens
Arts and crafts retailer The Works saw its shares drop on Thursday after it said annual adjusted pre-tax profit was set to be at the lower end of current market expectations as consumer sentiment takes a hit from political uncertainty.
Indivior signs agreement to sell schizophrenia drug in Canada
Indivior, which makes opioid addiction treatment Suboxone, has entered into an exclusive license agreement with specialty pharmaceutical company HLS Therapeutics for the commercialisation rights to schizophrenia drug Perseris (risperidone) in Canada.
BT revenue nudges down, profit ticks up as dividend unchanged
BT posted a drop in revenue and just a slight uptick in full-year profit on Thursday as a solid performance from the consumer business was offset by weakness in the enterprise segment.