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Latest News
26 Mar
US pre-open: Stocks set to dip following surge in weekly jobless claims

Shares on Wall Street are being called to start the session slightly lower following the release of jobless claims figure that brought the worsening conditions in the US economy and jobs market into stark relief.

26 Mar
UK banks warned against profiteering during Covid-19 crisis

UK banks were formally warned not to take advantage of the coronavirus crisis as they were accused in parliament of profiteering.

26 Mar
US initial jobless claims surge past 3m due to Covid-19

The number of Americans filing for unemployment benefits surged to a record 3. 28 million last week as businesses shut down and people were let go due to the coronavirus.

26 Mar
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Ince Group pulls dividend after Covid-19 hits UK

Ince Group has withdrawn its dividend and financial guidance after the Covid-19 virus had a major impact on its UK business.

26 Mar
Aura Energy postpones scheduled general meeting

Aura Energy said on Thursday that, due to the ongoing issues surrounding the Covnd-19 coronavirus pandemic, it has indefinitely postponed the scheduled general meeting of shareholders for 14 April at its offices in Windsor, Victoria.

26 Mar
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Gem Diamonds puts Letseng mine on care and maintenance

Gem Diamonds announced on Thursday that, in line with the Lesotho government's three week lockdown strategy between 29 March and 21 April, in a bid to combat the spread of Covid-19 coronavirus, the decision had been made to temporarily place the Letšeng mine on care and maintenance for the three week period.

26 Mar
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Hargreaves Services puts brakes on interim dividend

Industrial and property services provider Hargreaves Services updated the market on its trading on Thursday, announcing the suspension of its proposed interim dividend in light of the Covid-19 coronavirus pandemic.

26 Mar
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Ariana Resources receives maiden dividends from Galata

Exploration and development company Ariana Resources updated the market on its finances on Thursday.

26 Mar
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Non-Standard Finance cuts lending across all divisions

Non-Standard Finance has slashed lending volumes in the wake of the coronavirus outbreak, the subprime lender confirmed on Thursday.

26 Mar
Falcon confirms pause of operations at Kyala Well

Falcon Oil & Gas updated the market on its operations at the Beetaloo project in Australia’s Northern Territory on Thursday, in light of the Covid-19 coronavirus pandemic.

26 Mar
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Europe midday: Stocks slip despite bond rally as ECB loosens shackles on debt purchases

Stocks across the Continent are slightly lower as investors gird themselves for data due out later in the day that is expected to show a historic jump in US weekly jobless claims, although the number of new Covid-19 infections in Italy continued to fall.

26 Mar
Europe open: Stocks dip despite fresh ECB moves, US relief package

Stocks across the Continent have started the session lower as investors gird themselves for what was expected to be a historic jump in US weekly jobless claims data later in the day.

26 Mar
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London midday: Stocks in the red ahead of BoE, US jobless claims

London stocks were off earlier lows but still firmly in the red by midday on Thursday as investors eyed a rate announcement by the Bank of England and the release of the latest US initial jobless claims.

26 Mar
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Asia report: Most markets lower ahead of US jobless claims

Markets in Asia were mostly lower on Thursday, with Japanese stocks leading the market lower as investors held their breath ahead of initial jobless claims numbers out of the US, due laterin the global day.

26 Mar
Deutsche sees hope for equities but HSBC predicts earnings 'hammer blow'

Deutsche Bank said equity markets were pricing in declines in activity and earnings but HSBC was more cautious as it predicted a "hammer blow" for earnings from the Covid-19 crisis.

26 Mar
'We're not going to run out of ammunition', Fed's Powell says

Federal Reserve President, Jerome Powell, told US broadcaster NBC that the central bank is not going to "run out of ammunition".

26 Mar
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Daily Mail suspends full-year guidance as Covid-19 starts to hit home

The owner of the Daily Mail and i newspapers has warned on its full-year performance, after the coronavirus outbreak started to dampen demand.

26 Mar
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Renewi scraps dividend as Covid-19 impact looms

Renewi has scrapped its final dividend and begun cutting costs as the waste-to-product company prepares for the Covid-19 crisis to hit its business.

26 Mar
Polymetal sells Sopka assets for $10m

Gold miner Polymetal said it had sold its Sopka assets to an unnamed Russian private buyer for $10m.

26 Mar
Topps Tiles
Topps Tiles warns on profits, suspends guidance due to Covid-19

Topps Tiles issued a profit warning on Thursday, said it does not expect to pay a dividend this year and withdrew its guidance due to the Covid-19 pandemic.