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UK consumer confidence dips amid continued Brexit uncertainty - GfK
Consumer confidence in the UK deteriorated a touch more than expected in October amid continued Brexit uncertainty, according to the latest survey from GfK.
PPHE Hotel Group revenue growth underpinned by UK properties
International hospitality real estate company PPHE Hotel Group reported growth in revenue for the three months ended 30 September on Thursday, aided by a strong revenue per available room (revPAR) performance in the United Kingdom.
Elementis maintains expectations amid broader slowdown
Specialty chemicals company Elementis updated the market on its trading for the three months ended 30 September on Thursday, reporting that while the slowdown in broader macroeconomic conditions had continued, its self-help actions were expected to result in an improved second half performance, broadly in line with expectations.
Shell earnings slide amid 'weak' macroeconomic conditions
Royal Dutch Shell reported a 15% fall in current cost of supplies (CCS) earnings attributable to shareholders excluding identified items in its third quarter report on Thursday, to $4. 8bn (£3. 71bn).
BT Group revenue slips as it continues investment in technology
BT Group reported a 1% fall in reported revenue in its half-year results on Thursday, to £11. 47bn, which it said mainly reflected the impact of regulation, declines in legacy products, and a strategic reduction in its low margin business.
Fiat Chrysler and Peugeot owner PSA Group confirm merger
Peugeot owner PSA Group and Fiat Chrysler have confirmed plans for a merger that would create the world's fourth-largest car maker.
Europe open: Stocks mixed after Fed rate cut
European stocks were mixed in early trading on Thursday as investors digested the latest rate cut from the US Federal Reserve and eyed weak Chinese data.
IAG third-quarter profits stumble after BA pilot strikes
British Airways and Iberia owner International Airlines Group on Thursday reported a drop in third-quarter profit after taking a knock from BA pilot strikes.
London open: Stocks slip as Shell, Lloyds results disappoint
It was shaping up to be a downbeat Halloween session on Thursday, with London stocks in the red following disappointing results from the likes of Shell and Lloyds, as investors mulled the latest policy announcement from the Federal Reserve.
Smith & Nephew lifts FY guidance as third-quarter revenue rises
Smith & Nephew upgraded its annual revenue growth guidance again on Thursday as it posted a rise in third-quarter revenue.
London pre-open: Stocks seen muted amid firmer pound
London stocks were set for a muted open on Thursday amid a firmer pound, as investors mulled the latest policy announcement from the Federal Reserve.
Third quarter earnings slide at Shell, revenues retreat at BT Group
London open The FTSE 100 is expected to open flat on Thursday, having closed up 0. 34% at 7,330. 78 on Wednesday.
Thursday newspaper round-up: Apple, Vauxhall, business rates, Uber
Apple has shrugged off a record run of declining iPhone sales and the brewing Chinese trade war to post an increase in revenues as its fast-growing wearable technology division plugged the gap. Shares rose as much as 3pc following the news, with Apple appearing to break clear of Microsoft as the world’s most valuable listed company. - Telegraph.
US close: Markets finish higher as Fed cuts interest rates
Wall Street indices finished in the green on Wednesday, as the Federal Reserve sated investor expectations and confirmed a 25 basis point cut to its interest rate targets, but strongly suggested that was the end of its easing cycle for the moment.