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Airbus set to ramp-up production of the A320
Airbus confirmed on Thursday that it would be ramping up potential for the A320 program beyond 63 planes per month.
Broker tips: BP, Intermediate Capital Group, Beazley
Barclays's analysts hailed the new strategic vision set out by BP just the day before to reduce its carbon footprint to zero by 2050.
Barclays hails BP's new strategic goal of going net zero
Barclays's analysts hailed the new strategic vision set out by BP just the day before to reduce its carbon footprint to zero by 2050.
Canaccord Genuity hikes target for Intermediate Capital Group
Analysts at Canaccord Genuity hiked their target price for shares of Intermediate Capital Group after revising their earnings estimates for the alternative asset manager fir the next three years higher.
Directors deals: Barratt Developments COO sells shares near record highs
Barratt Developments's chief operating officer and "persons closely associated" with him sold a large batch of shares in the homebuilder roughly a fortnight after they broke out into record territory.
Javid quits as UK finance minister, replaced by Rishi Sunak
Sajid Javid resigned as UK finance minister after Prime Minister Boris Johnson demanded he fire his advisers as Downing Street sought to seize control of economic policy from the Treasury.
Spain welcomes post-Brexit negotiations to address Gibraltar status
Spain’s foreign minister Arancha González has welcomed post-Brexit talks with the UK and said it was an “incredible opportunity” for the countries to discuss the status of The Rock.
Xiaomi launches 5G phones despite tensions in China
Xiaomi launched two new 5G flagship smartphones on Thursday as planned despite the coronavirus outbreak afflicting China.
Friday preview: Coronavirus updates and RBS in the spotlight
The focus at the end of the week will be on any further details regarding Thursday's spike in the number of reported coronavirus cases in China after officials changed their methodology to apparently include "suspected" cases.
Europe close: Stocks retrace early losses as analysts mull latest coronavirus news
Stocks finished mostly in the red after Chinese authorities revised their methodology for reporting coronavirus infections in order to include "suspected cases", leading to a sharp upward revision in the number of infections, but had managed to recoup nearly all of their earlier losses.
London close: Stocks close lower on coronavirus fears, Cabinet reshuffle
London stocks finished in negative territory on Thursday amid renewed concerns about the coronavirus, and as investors also digested a Cabinet reshuffle.
Diurnal clears FDA hurdle for 'Alkindi Sprinkle'
Speciality pharmaceutical company Diurnal Group announced on Thursday that its new drug application (NDA) for ‘Alkindi’, or hydrocortisone granules in capsules for opening and to be known in the US as ‘Alkindi Sprinkle’, has been accepted for review by the US Food and Drug Administration (FDA).
Huawei could fund London School of Economics' 5G studies
Huawei is in talks to fund the London School of Economics's program to develop 5G studies with donations of £105,000 over three years.
US open: Stocks dip after jump in reported coronavirus cases
Stocks were drifting lower on Thursday afternoon on the back of news of an unpward revision to the number of confirmed coronavirus cases in China.
Flowtech Fluidpower maintains dividend policy after 'disappointing year'
Specialist technical fluid power products supplier Flowtech Fluidpower updated the market on its performance for 2019 on Thursday, describing it as “undoubtedly a disappointing year”, adding that volumes inflated as customers built up stock ahead of a Brexit hiatus that did not occur.
Ralph Lauren warns coronavirus could cost $70m in sales
Ralph Lauren has warned that the coronavirus could cost the company up to $70m in sales and that the impact would be heavier if the situation deteriorates.
Take profits on Beazley, Jefferies says
Investors should take profits on Beazley shares, Jefferies argued as the broker downgraded the Lloyd's of London insurer to 'hold'.
Lidco upbeat after 'excellent' second half performance
Haemodynamic monitoring company Lidco updated the market on its just-ended financial year on Thursday, reporting that it continued to make progress with developing a strong recurring revenue base through its software-as-a-service (SaaS) high usage programme (HUP) model, and had achieved an “excellent” second half performance.
Inspecs raises £19.3m in IPO valuing company at £138m
Inspecs has raised £19. 3m in a share placing to fund acquisitions and investments that values the spectacle frames maker and distributor at £138m.
