Latest News
FTSE 100 movers: Miners rally as metals prices rise; Experian hit by downgrade
London's FTSE 100 was up 0. 4% at 7,194. 41 in afternoon trade on Thursday amid signs of progress in Sino-US trade relations.
SigmaRoc nets £1.5m from non-core land disposal
AIM-listed construction materials company SigmaRoc said on Thursday that it has disposed of a non-core plot of land for £5. 5m in cash.
Greencoat UK Wind to buy Glen Kyllachy wind farm from Innogy
Greencoat UK Wind has agreed to buy the Glen Kyllachy wind farm from Innogy for a headline consideration of £57. 5m.
Apple removes Hong Kong police-tracking app from store
Apple removed the HKmap. live app from its store that allowed Hong Kong protesters to track police movements and the use of tear gas.
Castleton warns on profits following weaker-than-expected first half
Software firm Castleton issued a profit warning on Thursday following weaker-than-expected interim revenues in its product and professional services units.
Tekmar acquires concrete mattress provider Pipeshield
Subsea protection company Tekmar agreed to acquire concrete mattress provider Pipeshield from its founder Steven Howlett on Thursday for a total of £6. 5m.
OnTheMarket loss widened following new hires
OnTheMarket on Thursday reported a wider loss at the half-year stage as administrative costs climbed on the back of new investments in IT and sales employees.
Woodbois reports record quarterly revenues
Forestry and timber trading company Woodbois turned in record quarterly group revenues for the three months ending 30 September thanks to a solid performance in its trading division.
US September CPI falls short of forecasts
The cost of living in the US was unchanged last month in the wake of a sharp decline in energy costs, although underlying price pressures remained near their recent highs.
Thursday broker round-up
Ferrexpo: Barclays downgrades to underweight with a target price of 110p.
US initial jobless claims fall
The number of Americans filing for unemployment benefits fell last week, according to data released by the Labor Department on Thursday.
Osirium Technologies wins several contracts across multiple sectors
Cloud-based cybersecurity firm Osirium Technologies scored a series of contract wins on Thursday.
US pre-open: Stocks called to open slightly lower as high-level trade talks kick off
US futures had stocks opening slightly lower on Thursday as market participants were keeping a keen eye on the status of high-level trade talks between Washington and Beijing.
Premier Asset Management's inflows streak snaps
Retail asset manager Premier Asset Management snapped its long-running streak of inflows in the fourth quarter of 2019 as assets under management decreased slightly during the period.
ProPhotonix wins five-year contract with Fortune 50 customer
ProPhotonix on Thursday signed a five-year supply agreement with an unnamed Fortune 50 conglomerate for custom LED illumination devices and maintenance products.
Asia report: Most markets rise ahead of high-level trade talks
Most markets in Asia finished in the green on Thursday, with investors holding their collective breath ahead of high-level trade negotiations between the US and China, set to begin later in the global day.
UK economy unexpectedly contracts in August but recession unlikely
The UK economy unexpectedly contracted in August but grew over the three-month period, meaning a recession is likely to be avoided.
Europe midday: Markets mixed as Sino-US talks in focus
European stocks were mixed at lunchtime on Thursday as investors digested mixed news on the upcoming Sino-US trade talks, while luxury shares climbed after strong results from LVMH.
Belgium's UCB to buy US-based Ra Pharmaceuticals for $2.1bn
Belgian drug maker UCB has agreed to buy US-based clinical-stage biopharmaceuticals company Ra Pharmaceuticals for $2. 1bn.
N Brown swings to interim profit but revenue dips
Specialist womenswear retailer N Brown said on Thursday that it swung to an interim profit thanks to lower exceptional costs, but revenue dipped.