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US close: Stocks close lower as ECB dents optimism around Fed rate cuts
US stocks closed lower on Thursday as investors grew worried that the Federal Reserve may not be as dovish with its monetary policy as initially expected while also continuing to monitor trade developments and earnings.
UK wastes £1.2bn worth of food before it reaches supermarkets
Around 3. 6 million tonnes of food, with a value of £1. 2bn, goes to waste on UK farms every year, according to a fresh report from the charity WRAP on Thursday.
FTSE 250 movers: Metro Bank dives, Cobham soars
London’s FTSE 250 edged 0. 05% lower to 19,777. 26 in afternoon trade on Thursday, with Metro Bank the leading loser.
London close: Stocks turn red as ECB holds interest rates for now
London stocks had fallen into the red by the close on Thursday, after a slew of earnings news, and as investors digested the latest policy announcement from the European Central Bank.
Europe close: Markets turn lower as ECB signals fresh stimulus
European shares slipped below the waterline at the end of a sweltering Thursday, as the market digested an avalanche of earnings reports and a fresh European Central Bank rate decision.
Broker tips: Informa, Drax
Analysts at Berenberg downgraded events and publishing company Informa to 'hold' from 'buy' on Thursday, pointing to strong movements in the group's share price, on its recent results and over the last few weeks in general.
Barnier hits back at Johnson's attempts to split EU27 on Brexit deal
The EU's Brexit negotiator on Thursday accused UK Prime Minister Boris Johnson of attempting to split the blocs remaining 27 states by threatening a no-deal departure if the Irish backstop was not removed.
Director dealings: Homeserve director ups stake
Homeserve revealed on Thursday that senior independent director Stella David had acquired 28,395 ordinary shares in the FTSE 250 listed emergency repairs business.
RBC reiterates 'top pick' rating on Drax
Analysts at RBC Capital Markets reiterated their 'top pick' rating on British utilities firm Drax on Thursday, after the group's first-half results a day earlier reiterated 2019 underlying earnings guidance and committed to dividend growth of 12. 5%.
Equals Group seeks efficiencies in new partnership with Citi
E-banking and international payments company Equals Group has entered into a global relationship with Citi Commercial Bank, it announced on Thursday.
GoCompare buys 'Look After My Bills' for up to £12.5m
GoCo Group has acquired This Is The Big Deal, trading as Look After My Bills, it announced on Thursday.
Robert Walters results supported by solid international growth
International recruitment firm Robert Walters reported a solid first half performance with operating profit increasing 6% to a half-year record of £21. 9m despite Brexit worries.
US open: Stocks head south after another batch of corporate earnings
US stocks opened lower on Thursday, with investors continuing to monitor trade developments and earnings.
FTSE 100 movers: Sage slumps; AstraZeneca rallies on results
London's FTSE 10 was down 0. 2% at 7,488. 04 in afternoon trade on Thursday.
ECB holds rates but signals more stimulus is on the cards
The European Central Bank left interest rates unchanged on Thursday but signalled that a rate cut and more monetary easing were on the cards, pushing the euro to a two-month low against the dollar.
Simigon scores another contract with US Air Force
Simulation and training solutions group SimiGon has won another contract to provide virtual reality systems to the US Air Force (USAF).
Friday preview: Sports Direct earnings due; US GDP eyed
Like the weather, things are set to cool off a little on the UK corporate front on Friday after a busy week, although results from Sports Direct and a trading update from Vodafone are due.
Jaguar Land Rover losses deepen on Brexit planning
Car maker Jaguar Land Rover (JLR) reported deeper first quarter losses as plant shutdowns and Brexit contingency planning took their toll.
US initial jobless claims fall to three-month low
The number of Americans filing for unemployment benefits fell to a three-month low last week.