Latest News
London midday: Stocks pare losses after GDP data; miners rally
London stocks had pared losses by midday on Thursday as the latest economic growth figures assuaged concerns about a recession, with a strong showing from the mining sector also lending support.
Morses Club profits fall following digital operations investment
Interim profits at doorstep lender Morses Club fell by a third as increased investment in digital operations raised costs.
John Lewis of Hungerford lifts guidance after better H2
Kitchen and furniture manufacturer John Lewis of Hungerford lifted its guidance for the year on Thursday after an improved second-half performance.
US-China trade deal unlikely as talks stall
A US-China trade deal looked unlikely as talks between both sides scheduled for Thursday and Friday had reportedly stalled after preliminary discussions failed to make headway.
Caledonia expects new oxygen plant to improve recoveries at Blanket
Caledonia Mining Corporation announced the successful installation and commissioning of a new oxygen plant at the Blanket Mine in Zimbabwe on Thursday.
Global Ports takes on operation of Bahamas cruise terminal
Cruise port operator Global Ports Holding confirmed on Thursday that, on 9 October, it started operating Prince George Wharf Cruise Port in the Bahamas capital Nassau.
Globalworth launches placing as it pursues solid pipeline
Central and eastern Europe-focussed office property investment company Globalworth Real Estate Investments announced its intention to issue up to 28,571,626 new ordinary shares at a price of 925 euro cents on Thursday.
XP Power maintains guidance as semiconductor equipment market flounders
Power control components manufacturer XP Power reported a 4% improvement in third quarter orders at constant currency on Thursday, to £55. 9m, but said its year-to-date orders were down 3% at constant currency to £156. 5m.
Tufton Oceanic Assets adds another container ship to fleet
Tufton Oceanic Assets has agreed to acquire a container ship for $8. 75m, it announced on Thursday, with the acquisition taking its fleet to 17 vessels.
DekelOil maintains momentum in low price environment
West Africa-focussed agriculture company DekelOil updated the market on production and sales for its Ayenouan palm oil project in Côte d'Ivoire for the quarter ended 30 September on Thursday.
Dunelm sales jump following online order growth
Dunelm on Thursday reported a 6% jump in first quarter like-for-like sales as online revenue drove growth despite market softness and political uncertainty.
IQE to take full ownership of CSDC joint venture
Semiconductor wafer products and materials supplier IQE announced the acquisition of third-party shareholdings in its CSDC joint venture in Singapore on Thursday, taking its ownership to 100%.
VinaCapital puts $17m into plastic packaging firm Ngoc Nghia
VinaCapital Vietnam Opportunity Fund has made a private equity investment in Ngoc Nghia, it announced on Thursday, which it described as a “pioneer and leading manufacturer” of polyethylene terephthalate (PET) packaging in Vietnam.
Europe open: Markets lower on mixed Sino-US news; luxury stocks climb
European stocks were lower on Thursday morning as investors digested mixed news on Sino-US trade relations, while luxury stocks climbed after strong results from LVMH.
London open: Stocks fall ahead of Sino-US trade talks, UK data slew
London stocks fell in early trade on Thursday as jitters set in ahead of trade talks between the US and China and a slew of key UK data releases.
Hargreaves Lansdown sees decent growth in last quarter
Hargreaves Lansdown reported net new business of £1. 7bn in the three months ended 30 September on Thursday, improving from the £1. 3bn it reported at the same time last year.
Mondi Q3 earnings fall on weak demand, lower prices
Third quarter core earnings at paper manufacturer Mondi fell 18% year on year as demand remained soft and prices weakened compared with the first half of the year.
Number of homes put up for sale hits 3-year low on Brexit woes - RICS
The number of homes being put up for sale in the UK fell to its lowest level since 2016 in September, according to the latest survey form the Royal Institution of Chartered Surveyors.
Inchcape sells fleet business to Toyota for £100m
Auto distributor Inchcape said it was selling its fleet lease and management unit to Japan's Toyota for total cash £100m in cash as it focused on higher margin operations.
Sabre Insurance trading in line, FY gross written premiums seen down 7%
Sabre Insurance said on Thursday that trading in the nine months to the end of September has been in line with its expectations and volumes have not been hit further by rising prices.