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US jobless claims drop sharply due to distortions in data
US jobless claims fell sharply at the start of September, but likely only due to distortions in the data due to the Labor Day holiday.
France to block Facebook's Libra on European soil
French Finance Minister Bruno Le Maire said Thursday that he would block the development of Facebook’s proposed cryptocurrency libra in Europe, saying that it would put the sovereignty of governments at risk.
Xaar shares soar following 'significant' agreement with Stratasys
Digital inkjet technology business Xaar has reached a "significant" agreement with partner Stratasys in regards to its 3D printer business.
US core CPI rises more quickly than expected in August
The cost of living in the US rose more quickly than expected again last month.
London Security's ten acquisitions spur interim growth
London Security on Thursday reported interim profit and revenue growth following a flurry of business acquisitions and improvements in service work scheduling.
Thursday broker round-up
InterContinental Hotels: JPMorgan downgrades to underweight with a target price of 4,700p.
US pre-open: Futures point to modest gains following Trump's 'good will' gesture
Wall Street futures had stocks opening a tad higher on Thursday, with markets' focus centred on global trade developments after Donald Trump agreed to hold off on additional tariff increases on Chinese goods for two weeks as a "gesture of good will".
BofA-ML predicts European cyclicals set to outperform
Strategists at Bank of America-Merrill Lynch predicted further upside for European stocks, led by cyclicals such as banks and miners.
Europe midday: Markets flat ahead of ECB announcement
European stocks were flat by midday on Thursday, paring earlier gains as caution set in ahead of the latest policy announcement from the European Central Bank, with weak eurozone industrial production figures and a German recession warning denting the mood.
Germany headed for recession, says Ifo think tank
The Ifo Institute said on Thursday that Germany's economy is heading for a recession as it cut its growth forecasts for 2019 and 2020.
Silence Therapeutics to launch new trial before year end
Silence Therapeutics said on Thursday that the first half of the year saw good progress in the development of its lead candidate, SLN124, with the first patient set to be dosed before the year is out.
N Brown expects another £30m hit from PPI claims, debt set to rise
Clothing retailer N Brown said on Thursday that it will need to make an additional provision of up to £30m following a surge in payment protection insurance information requests and complaints (PIRs) in the run-up to the August deadline, with debt expected to rise as a result.
Aggregated Micro reiterates guidance following in-depth review
Clean energy group Aggregated Micro reiterated its guidance for the trading year ended 31 March on Thursday following an in-depth company-led review into its stock balances.
Hurricane Energy 'delighted' with test results from Lincoln Crestal well
Oil and gas explorer Hurricane Energy was "delighted" to reveal that it had recorded a maximum stable flowrate of 9,800 barrels of oil per day during testing at its Lincoln Crestal well, off the west coast of the Shetland Islands.
London midday: Stocks flat ahead of ECB; Morrisons rallies
London stocks were hugging the flatline by midday on Thursday as investors awaited the latest policy announcement from the European Central Bank, amid signs that trade tensions between the US and China are easing.
Co-operative Group profits dented by weak funeral business
The Co-operative Group reported a drop in first-half profit on Thursday following a weak performance from its funerals business, as it warned of disruption to its supply chain in the event of a no-deal Brexit.
Asia report: Markets mixed as US delays China tariffs
Asian markets were mixed on Thursday after US President Donald Trump confirmed a two-week delay to tariff hikes on $250bn of Chinese goods.
Biome Technologies profits slip as it looks to bioplastics unit for growth
Natural polymers supplier Biome Technologies saw revenues and profits slip in the six months ended 30 June as it continued with efforts to make the bioplastics division its main revenue generator.
Eurozone industrial production drops more than expected in July
Eurozone industrial production fell more than expected in July, according to figures released by Eurostat on Thursday, adding weight to the case for more stimulus from the European Central Bank.
Comptoir Group narrows losses in first half
Restaurant owner Comptoir Group reported a narrowing of its first-half losses on Thursday as revenue nudged higher.