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Friday preview: UK retail sales, Sage in the spotlight
The focus in financial markets at the end of the week will be on the latest retail sales and public sector borrowing figures scheduled for release in the UK.
Europe close: Rising Covid-19 infections drag on shares
European shares were lower at midday as investors fretted over rising coronavirus deaths in Japan, the US and on the Continent.
Smurfit Kappa to tap markets for 650m euros to capitalise on growth opportunities
Smurfit Kappa has decided to raise funds in order to accelerate its investments and capitalise on the trends towards e-commerce and sustainable packaging for products, having identified between €1. 2-1. 4bn of investment opportunities to boost the group's competitive advantage.
London close: Stocks finish weaker as Covid concerns weigh
London stocks finished in the red on Thursday, as optimism over a potential Covid-19 vaccine was replaced by worries about rising cases, tightening restrictions and their impact on the economy.
Broker tips: EasyJet, Reckitt Benckiser, AstraZeneca
Analysts at Liberum hiked their target price for shares of EasyJet and upgraded their recommendation from 'hold' to 'buy' on the back of the budget airline's moves to rein in non-fuel costs.
WANdisco secures contract with South African financial group
Data company WANdisco has won a contract with a South Africa-based financial services group, it announced on Thursday, to migrate and manage data from on-premise to Amazon Web Services (AWS).
Director dealings: MJ Gleeson director's trust lowers stake in firm
MJ Gleeson revealed on Thursday that North Atlantic Smaller Companies Investment Trust had disposed of 300,000 ordinary shares in the London-listed urban regeneration and land development outfit.
NetScientific's ProAxsis appoints North American distributor
Life sciences, technology investment and commercialisation company NetScientific announced on Thursday that its portfolio company ProAxsis has appointed DiaPharma Group as the exclusive distributor of its portfolio of respiratory research assays for the key North America region.
Mirada announces integration of Disney+ into platform
Digital television and broadcasting software company Mirada announced the integration of the ‘Disney+’ streaming service into its Iris multiscreen product on Thursday, and its deployment across Televisa's ‘izzi’ subscription television platform.
Desperate Venezuelans resort to stealing crude oil amid shortages
Venezuelans have begun stealing crude oil from idled fields owned by state oil company Petroleos de Venezuela after months of shortages.
Existing home sales jump past forecasts in October
Sales of second-hand homes in the States jumped past forecasts in October.
Fresnillo appoints Tomas Iturriaga as COO
Fresnillo has appointed Tomás Iturriaga as its chief operating officer with immediate effect.
Philly Fed factory index holds up better than expected in November
Manufacturing sector activity in the US mid-Atlantic region was holding up better than expected in November, the results of a closely-followed survey revealed.
FTSE 250 movers: Investec falls after results; Serco gains
London’s FTSE 250 was down 1% at 19,501. 42 in afternoon trade on Thursday.
Immotion raises £1m to grow in-home offering
Virtual reality (VR) entertainment company Immotion Group announced a placing and a subscription of new shares to raise £1m on Thursday, to strengthen its balance sheet and provide funds to accelerate the growth of its in-home product ‘Let's Explore’.
US open: Futures mixed as rising Covid-19 cases offset positive vaccine headlines
Wall Street stocks were mixed at the bell on Thursday as more positive vaccine news was obscured by the ever-growing number of fresh Covid-19 cases across the US and a surprise increase in jobless claims.
Invinity signs two new vanadium flow battery deals
Vanadium flow battery (VFB) manufacturer Invinity Energy Systems has entered into a contract with GRID Alternatives, it announced on Thursday, to deliver a 0. 5 MWh VFB to a site in California.
Zephyr Energy begins remediation work at Paradox well
Rocky Mountains-focussed oil and gas company Zephyr Energy updated the market on its project in the Paradox Basin in Utah on Thursday, where it was preparing to spud the 'dual-use' State 16-2 well before the end of the year.
FTSE 100 movers: Johnson Matthey weaker after results; Halma rallies
London’s FTSE 100 was down 0. 7% at 6,338. 73 in afternoon trade on Thursday.