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Profit at casino operator Rank dented by Covid
Casino operator Rank Group said on Thursday that full-year profit fell as the Covid-19 crisis dented revenues.
Hipgnosis acquires Big Deal Music
Intellectual property investor Hipgnosis Songs Fund acquired US-based Big Deal Music Group on Thursday for an undisclosed amount.
Morrisons first-half hit by Covid-19 safety costs
Half-year profits at supermarket chain Morrisons fell by a quarter as Covid-19 costs offset a rise in like-for-like sales.
BP to buy 50% stake in Equinor US wind power projects for $1.1bn
Norwegian energy company Equinor said it had agreed to sell a 50% stake in two US offshore wind power development projects to BP for $1. 1bn.
British Land appoints CFO Carter to replace CEO Grigg
British Land has appointed Chief Financial Officer Simon Carter as its chief executive to replace Chris Grigg, who will step down after 11 years in the job.
Morrisons sales rise in first half, Dixons Carphone considering listing Nordics business
London open The FTSE 100 is expected to open 14 points lower on Thursday, having closed up 1. 39% at 6,012. 84 on Wednesday.
London pre-open: Stocks seen lower ahead of ECB rate decision
London stocks were set to fall at the open on Thursday following strong gains in the previous session, as investors eyed the latest interest rate decision from the European Central Bank.
Thursday newspaper round-up: Rio Tinto, Goldman Sachs, London offices
The number of people going back to work in offices has flatlined in the past two months despite the government push to get more workers into cities to protect Britain’s biggest urban economies from collapse. According to analysis of mobile phone tracking data by the Centre for Cities thinktank, worker footfall across 63 of the UK’s largest town and city centres was just 17% of pre-lockdown levels at the end of June, remained at 17% at the start of August and was still at 17% in the last full week of the month.