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US jobless claims little changed, some economists say jobs market stalling
The pace of improvement in US jobless claims slowed last week, government data showed on Thursday, as America's labour market looked to have stalled.
Berenberg starts Renishaw coverage with 'buy' rating
Berenberg initiated coverage of Renishaw with a 'buy' rating and predicted the engineering and healthcare company would recover strongly from the downturn.
UK housebuilders too cheap to ignore, says Jefferies
UK housebuilders are too cheap to ignore, Jefferies said in a research note on Thursday.
JP Morgan upgrades Centrica to 'overweight'
JP Morgan said Centrica shares were in "deep value territory" as the bank upgraded its rating on the energy company to 'overweight'.
Europe midday: Stocks claw back early losses, some equity strategists sanguine
European shares are clambering back from early sharp losses, with investors looking past weakness on Wall Street overnight on fading US stimulus hopes offset in part of by reports of new fiscal measures from the UK government in the pipeline.
IEA: Governments need carbon storage tech to meet energy goals
The International Energy Agency said that without carbon capture, utilisation and storage programs it will be impossible for governments and large companies to meet targets for the reduction of greenhouse gases.
OptiBiotix revenue improves fivefold in first half
Life sciences company OptiBiotix Health reported first-half revenue growth to £0. 74m in its first half on Thursday, which was a five times increase in revenues from the first half of 2019.
US pre-open: Stocks seen muted ahead of jobless claims, Powell testimony
US stocks were set for a fairly muted open on Thursday as investors eyed the latest initial jobless claims, having fallen sharply a day earlier after Federal Reserve officials warned that more fiscal stimulus was needed.
DFS tumbles into the red but remains upbeat for the current year
DFS Furniture revealed it had swung to an annual loss after Covid-19 temporarily closed its operations – but said the current year had started strongly as consumers, after months spent at home, splashed out on new sofas.
Tesco CEO calls on retailers and governments to reduce food waste
Tesco CEO Dave Lewis said that companies and governments should take advantage of the opportunity the global pandemic has provided to tackle food waste as focus on global supplies increases.
Escape Hunt describes 'encouraging' trading since reopening
Escape rooms operator Escape Hunt described trading at its UK owner-operated sites as “encouraging” on Thursday, since reopening on 12 July.
NWF Group trading in line amid Covid and Brexit uncertainty
Fuel, food and feed distributor NWF Group said on Thursday that trading in its first quarter had been consistent with its own expectations, with net debt reflecting the usual seasonal fluctuations.
Altona to raise £0.5m to fund rare earth elements strategy
Mining exploration company Altona Energy said on Thursday that it is looking to raise up to £0. 5m to fund its new rare earth element strategy.
London midday: Stocks pare losses as investors eye Sunak
London stocks had pared losses by midday on Thursday to trade a little lower amid ongoing concerns about rising Covid-19 infections and further restrictions, as investors eyed details of Chancellor Rishi Sunak’s new measures to replace the furlough scheme.
Go-Ahead profit slightly better than guidance
Go-Ahead predicted profit at its London and international bus division would be little changed as the transport operator reported group profit slightly better than its expectations.
S&P Global cuts UK growth forecast, warns over hard Brexit
S&P Global has cut its economic forecasts for the UK, predicting a 10% slide this year before conditions start to improve in 2021.
SIG slides into the red but ups guidance for second half
SIG tumbled into the red in the first half of the year, the building products distributor said on Thursday, after the Covid-19 pandemic shuttered the construction industry and dented trade.
France business confidence jumps in September despite new Covid surge
French business confidence has continued to recover, with the industrial sector showing a better-than-expected improvement in September, according to a survey released on Thursday.
Asia report: Markets fall as Korea tensions heat up
Markets in Asia finished lower across the board on Thursday, following a technology-led sell-off on Wall Street overnight, and as tensions between the Koreas flared up.
Ryanair's O'Leary warns of large job losses due to 'shambolic' UK Covid policy
Britain’s aviation and tourism industries faced massive job losses unless the government provided more support and eased travel restrictions, Ryanair chief Michael O'Leary said on Thursday.