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US close: Stocks head south ahead of Trump's conference on China
Major indices turned about-face on Thursday as a dire jobless claims report, weaker-than-expected gross domestic product numbers and Trump's announcement of a press conference all weighed on sentiment.
Capital & Counties in talks over Shaftesbury stake acquisition
Capital & Counties Properties said on Thursday that it is in talks about the potential acquisition of a 26. 3% stake in Shaftesbury.
Flutter Entertainment Q2 revenues rise; 8m share placing announced
Flutter Entertainment on Thursday announced an equity placing to help accelerate its US strategy, as it posted a jump in second-quarter revenue thanks to a solid performance from its online gambling segment.
Europe close: Stocks extend gains despite rising geopolitical tensions
Stocks in Europe extended their gains on Thursday despite rising geopolitical and diplomatic tensions with Beijing.
Initial results of study into Oxford's Covid-19 vaccine imminent, AstraZeneca chief says
Some members of the Oxford University research team trying to develop a vaccine against the novel corona virus are already privy to initial results for early-stage human trials and their publication is imminent, AstraZeneca's chief said.
London close: Markets finish higher on lockdown easing sentiment
London stocks remained positive through to the close on Thursday, as optimism over lockdown easing helped to offset concerns about unrest in Hong Kong and a deterioration in Sino-US relations.
Director dealings: Henry Boot CEO makes share purchase
Henry Boot revealed on Thursday that chief executive Timothy Roberts had acquired 65,000 ordinary shares in the London-listed real estate group.
Friday preview: US data, euro area CPI in focus
The focus at the end of the week will be on a raft of US activity indicators for April and early reading on euro area consumer prices for May.
Broker tips: PayPoint, Signature Aviation, Ryanair and Wizz Air
Analysts at Liberum raised their target price on payment services group PayPoint from 800. 0p to 1,000. 0p on Thursday after the group's full-year results came in ahead of estimates a day earlier.
Katoro extends option agreement with Power Metal through August
Gold and nickel exploration and development company Katoro Gold updated the market in commercial discussions relating to the Haneti polymetallic project on Thursday.
Jack Dorsey stands by fact-check on Trump tweet
Twitter chief executive officer Jack Dorsey said he stands by the company’s decision to fact-check two tweets by President Donald Trump despite the White House’s intense criticism.
Columbus Energy submits drilling application for Saffron 2
Trinidad and Suriname-focussed oil and gas producer Columbus Energy has submitted a drilling application for the Saffron 2 well in the South West Peninsula to the Ministry of Energy and Energy Industries of Trinidad and Tobago.
FTSE 250 movers: Cineworld surges; Signature Aviation hit by downgrade
London’s FTSE 250 was up 1. 3% at 17,359. 21 in afternoon trade on Thursday.
US pending home sales plummet in April but bottom falling into place, NAR says
A key lead indicator for US home sales registered its largest ever recorded drop last month, albeit amid signs that a bottom might now be in place.
SpaceX delays first astronaut launch
SpaceX’s first manned launch scheduled for Wednesday was delayed after a storm hit with just 17 minutes left on the countdown.
Virgin Media to quit high street after Covid shutdown
Virgin Media will disappear from the UK high street after the Covid-19 crisis speeded up its shift away from physical stores to online and phone sales, according to a report.
US open: Stocks record early gains, shrug off jobless figures
Stocks opened a touch higher on Thursday as market participants tried to remain optimistic about the reopening of the US economy despite a dire jobless claims report and some weaker-than-expected gross domestic product numbers.
FTSE 100 movers: M&G rallies; Rolls-Royce retreats on stake sale
London’s FTSE 100 was up 1. 1% at 6,213. 85 in afternoon trade on Thursday.
Serco Chairman Roy Gardner to step down
Serco is looking for a new chairman after Roy Gardner decided to step down five years after joining the public services outsourcing group.
Liberum raises target price on PayPoint
Analysts at Liberum raised their target price on payment services group PayPoint from 800. 0p to 1,000. 0p on Thursday after the group's full-year results came in ahead of estimates a day earlier.