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Forterra raises £55m in placing to bolster balance sheet
Forterra said on Thursday that it has raised around £55m in a placing to bolster its balance sheet.
Sainsbury's rerating provides 'selling opportunity', says Berenberg
Analysts at Berenberg reiterated their 'sell' rating on supermarket giant Sainsbury's on Thursday, stating the group's recent performances provided a "selling opportunity".
FCA warned in 2019 of potential Wirecard link to high-risk scheme - report
Information about potentially illegal practices allegedly linked to disgraced German payments processor Wirecard was passed to the Financial Conduct Authority as early as 2019, it was claimed on Thursday.
Reabold reports mud build-up at Iecea Mica-1
Upstream oil and gas investor Reabold Resources updated the market on well flow testing at the Iecea Mica-1 (IMIC-1) well in Romania on Thursday, reporting some issues with mud build-up.
Europe midday: Investors pause for breath ahead of US jobs data
Stocks on the Continent are holding higher ahead of the monthly US non-farm payrolls report, boosted by recent positive headlines around various potential Covid-19 vaccines.
US pre-open: Stocks called to open higher ahead of Indepence Day weekend
Wall Street futures had stocks opening higher ahead of the bell on Thursday as market participants awaited a slew of data from the Department of Labor.
UK should kickstart economy with green projects, says IMF
The British government should attempt to kickstart the economy and create jobs using green projects, said the International Monetary Fund’s chief economist.
China threatens UK over Hong Kong passport offer
Diplomatic tensions between London and Beijing increased on Thursday after China threatened to retaliate if Britain granted residency to Hong Kong citizens looking to escape a draconian new national security law.
Patient enrolment begins for 4D's Covid therapy candidate
Biotherapeutics-focussed pharmaceutical company 4D Pharma announced on Thursday that its phase 2 clinical trial of the oral immunomodulator ‘MRx-4DP0004’, for patients hospitalised with Covid-19, was now open to enrolment, with dosing of the first patients expected shortly.
London midday: Stocks gain on Covid vaccine hopes; airlines fly higher
London stocks were still in the black by midday on Thursday on hopes of a potential coronavirus vaccine, as investors eyed the release of the latest US non-farm payrolls report.
Eurozone unemployment sees only mild rise in May
Unemployment nudged higher across the Eurozone in May, official data showed on Thursday, although the increase was smaller than predicted.
Verditek wins several solar panel orders
Technology company Verditek announced on Thursday that, following its recent product development activities, it has received a number of orders in the past fortnight weeks in new geographical areas, as well as new vertical markets .
Twitter removes image posted by Trump over copyright issues
Twitter has removed an image tweeted by the US President Donald Trump from its platform, following a copyright complaint from the New York Times.
Energy costs drag euro area producer prices lower in May
Factory gate prices in the single currency bloc fell more quickly than expected in May, dragged down by declines in the cost of energy and for non-durable consumer goods.
Creo Medical gets £2m loan to develop sterilisation technology
Medical device company Creo Medical Group has secured a £2m loan from the Cardiff Capital Region project, it announced on Thursday, to develop its ‘Cool Plasma’ technology as a method to kill bacteria and viruses and for sterilisation purposes.
Hipgnosis Songs Fund raising £200m in placing, opens retail offer
Music intellectual property investor Hipgnosis Songs Fund announced placing on Thursday, aiming to raise £200m to fund further acquisitions of "hit songs" over the next three months.
Total Produce H1 sales 'resilient' despite Covid-19 pandemic
Fresh produce business Total Produce said on Thursday that trading for the six months ended 30 June had been "satisfactory".
GVC welcomes House of Lords report calling for overhaul of gambling laws
GVC Holdings has backed calls by the House of Lords for an urgent review of gambling legislation.
Liberum downgrades Auto Trader, says stock fully valued
Liberum downgraded its rating on shares of Auto Trader on Thursday to ‘hold’ from ‘buy’ and cut the price target to 515p from 640p as it said the stock looks fully valued given the uncertain outlook.
Europe open: Banks pace early gains ahead of US jobs data
Stocks on the Continent were moving higher again on Thursday, boosted by recent positive headlines around various potential Covid-19 vaccines and, ironically, the possibility of further economic stimulus in the States given the still significant risks to the outlook.