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Pubs and restaurants hit by Christmas misery - survey
Tightening restrictions to stem Covid-19 infections caused Christmas misery for Britain's pubs and restaurants as sales plunged, a survey showed.
US close: Stocks end session lower as Biden unveils stimulus package
Wall Street stocks closed lower on Thursday as market participants mulled over the details of president-elect Joe Biden's planned economic stimulus package and this week's jobless claims data.
Europe close: Travel and Technology names pace gains
European shares were mostly higher on Thursday driven by hopes of a potentially increased US stimulus package from incoming US President Joe Biden.
US asks Tesla to recall almost 160,000 cars over software failures
The US National Highway Traffic Safety Administration on Wednesday asked Tesla to recall 158,000 Model S and Model X vehicles over media control unit failures.
London close: Stocks higher as investors hold breath for Biden's package
London stocks finished in the green on Thursday as investors waded through a deluge of corporate releases, amid expectations that US President-elect Joe Biden will unveil a Covid-19 relief package.
Google finally acquires Fitbit for $2.1bn
Alphabet ’s Google has completed its $2. 1bn acquisition of Fitbit, the companies said on Thursday.
Microsoft among firms creating digital Covid-19 vaccination passport
Microsoft, Salesforce and Oracle are among a group of companies creating a digital Covid vaccination passport.
Friday preview: UK GDP, US consumer confidence in focus
Investors' focus at the end of the week will be on UK gross domestic product figures for December, alongside with detailed readings for industrial production, foreign trade and services output.
Strategic Minerals reports decent growth at Cobre
Strategic Minerals updated the market on its cash position and ore sales at the Cobre magnetite operation in New Mexico for the December quarter on Thursday, reporting that annual sales exceeded $3m (£2. 2m).
Pantheon acquires 66,000 acres on Alaska's North Slope
Oil and gas exploration company Pantheon Resources announced the acquisition of a 100% interest in around 66,000 acres in Alaska's North Slope areawide lease sale.
Broker tips: Frontier Developments, Anglo American, Antofagasta
Analysts at Berenberg hiked their target price on video games developer Frontier Developments from 2,500. 0p to 3,500. 0p on Thursday after the group delivered another strong trading update a day earlier.
FTSE 250 movers: Travel stocks pace gains on Covid-19 news, after Norwegian Air decision to ditch long-haul
Travel and leisure stocks, ranging from cruise line operator Carnival through to TUI AG and all the listed airline groups were leading the pack on Thursday thanks to positive news on the pandemic front and after Norwegian Air announced that it would cancel its long-haul routes.
Director dealings: Accrol CEO lowers stake
Accrol Group revealed on Thursday that chief executive Gareth Jenkins had disposed of 1. 33m ordinary shares in the AIM-listed tissue converter.
SpaceX starts testing Starlink broadband in UK
SpaceX’s satellite broadband service Starlink is now being tested in the UK after it was given a license by UK telecoms regulator Ofcom.
Thursday broker round-up
Anglo American: JP Morgan downgrades to neutral with a target price of 2,900p.
FTSE 100 movers: Whitbread gains after update; B&M goes ex-div
London’s FTSE 100 was up 0. 6% at 6,788. 85 in afternoon trade on Thursday.
US open: Stocks in the green despite weaker-than-expected jobless numbers
Wall Street stocks opened higher on Thursday as market participants awaited details on president-elect Joe Biden's planned economic stimulus package and thumbed over this week's jobless claims data.
Harvest Minerals upbeat on KP Fertil test results
Remineraliser producer Harvest Minerals announced positive agronomic test results on Thursday for carrot crops using ‘KP Fértil’, its direct application natural remineraliser produced at its wholly-owned Arapua Fertiliser Project in Brazil.
Cisco to buy Acacia Communications for $4.5bn
Cisco has agreed to buy Acacia Communications for around $4. 5bn, sending shares in the latter surging on Thursday, after an initial deal between the two was terminated earlier this month.
Berenberg hikes target price on Frontier Developments
Analysts at Berenberg hiked their target price on video games developer Frontier Developments from 2,500. 0p to 3,500. 0p on Thursday after the group delivered another strong trading update a day earlier.