Latest News
UK parliament committee finds evidence that Huawei colludes with Beijing
The British parliament’s defence committee said on Thursday that it had found clear evidence that Chinese giant Huawei had colluded with Beijing.
Shopping visits decline as infections rise - BRC
Visits to UK shopping locations dropped during September as Covid-19 infections rose and restrictions were tightened, industry figures showed.
Europe close: Stimulus talk boosts share prices
Stocks in Europe all finished in positive territory on Thursday alongside another session of strong gains for Wall Street on the back of hopes for further fiscal stimulus.
FTSE 100 movers: Big Oil and banks pace gains
The UK's top-flight index advanced 0. 53% to 5,978. 03 helped by gains for Big Oil and lenders' shares.
FTSE 250 movers: M&A speculation lights a fire under TalkTalk
London's second-tier index jumped on Thursday, against a backdrop of market gains as investors cheered news that the White House was open to at least some new fiscal stimulus measures.
Friday preview: Monthly UK GDP data in focus
Financial markets' focus at the end of the week will be on a barrage of economic indicators due out in the UK referencing the month of August.
London close: Stocks finish firmer as stimulus hopes buoy markets
London stocks finished in positive territory on Thursday, on the back of renewed hopes that fiscal stimulus is in the pipeline stateside, as the pound recovered from earlier dips.
London midday: Stocks extend gains, M&A in the air
Stocks are continuing to push higher on the back of renewed hopes that fiscal stimulus is in the pipeline Stateside and helped by a small dip in the pound.
Broker tips: BP, Volution Group
Analysts at Berenberg sounded a positive note on the long-term prospects for BP as it transitions towards renewable energies.
Director dealings: Gamma Communications director lowers stake
Gamma Communications revealed on Thursday that non-executive director Andrew Stone had disposed of 100,000 shares in the AIM-listed communications provider.
Thursday broker round-up
Hummingbird Resources: Canaccord reiterates buy with a target price of 55. 0p.
Sareum to get US patent on SDC-1802 programme
Specialist drug development company Sareum announced on Thursday that the United States Patent and Trademark Office (USPTO) has issued a notice of allowance for a patent on an invention associated with its proprietary ‘SDC-1802 TYK2/JAK1 Kinase Inhibitor Programme’.
Kazera reports solid progress with diamond investment
Kazera Global updated the market on progress with its diamond mining operations within subsidiary Deep Blue Minerals (DBM) on Thursday, where diamond production was now underway.
Moderna won't enforce Covid patents during pandemic
US drug maker Moderna said it would not enforce patents related to its experimental Covid-19 vaccine while the pandemic continues, allowing other pharmaceutical companies to use its technology.
PetroNeft successfully tests mini refinery on licence 61
Russia-focussed oil and gas exploration and production company PetroNeft announced the successful testing of the mini oil refinery on licence 61 on Thursday, which it 50% owns and operates, ahead of schedule.
Alba shares surge on Thule Black Sands update
Alba Mineral Resources updated the market on work activities at its wholly-owned Thule Black Sands project in northern Greenland on Thursday, reporting that mineral sands specialist IHC Robbins had been appointed to carry out a “comprehensive” metallurgical process development and test work programme on a bulk sample.
Secure Income REIT upbeat on recent rent collection
Secure Income REIT updated the market on its rent collection on Thursday, reporting that 100% of the £12. 4m of rent due between 29 September and Thursday, after allowing for the rent adjustments agreed with certain tenants, had been collected.
US open: Stocks higher despite weaker-than-expected jobless claims report
Wall Street stocks opened higher on Thursday as investors thumbed over some weaker-than-expected jobless figures and stimulus headlines remained in focus.
IBM to spin off infrastructure services unit by end-2021
International Business Machines (IBM) said it planned to spin off its IT infrastructure services unit to focus on rapidly-growing cloud computing business.
Madrid court rejects partial lockdown of capital, surrounding cities
Madrid’s top regional court on Thursday rejected a partial lockdown imposed on the capital and nine surrounding towns to stymie the spread of coronavirus infections.