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Gear4Music sales boom in pre-Christmas lockdowns
Gear4Music said annual profit would beat expectations after music enthusiasts bought instruments and recording equipment during Covid-19 restrictions in the runup to Christmas.
US import prices jump past forecasts in December
The cost of goods purchases overseas rose at nearly twice the expected pace at the end of 2020, driven by higher fuel prices.
US jobless claims surge during latest week
The number of Americans filing for unemployment surged at the start of 2021.
Diageo CFO Mikells to leave end of June
Diageo said on Thursday that chief financial officer Kathryn Mikells will leave the drinks company at the end of June and return to the US after almost six years in the role.
Pimlico Plumbers adopts 'no jab, no job' policy
Pimlico Plumbers is preparing a "no jab, no job" policy to make all its workers receive a vaccine against Covid-19.
Most who have had Covid-19 protected for 'at least' five months, study shows
People who have recovered from Covid-19 are "highly likely" to have immunity for at least five months, but may still infect others, a study found.
Card Factory to report £10m loss amid store closures
Card Factory warned on Thursday that it could breach its banking covenants, as it said it expects to report a full-year loss of around £10m after taking a hit from Covid-related store closures.
JP Morgan cuts Anglo American to 'neutral'
JP Morgan cut its rating on Anglo American to 'neutral' and upgraded Antofagasta to the same status as the bank started moderating its highly bullish view of mining and steel companies.
Europe midday: Shares higher on hopes of bigger Biden package
European shares were higher at lunchtime on Thursday driven by hopes of a potentially increased US stimulus package from incoming US President Joe Biden.
China trade surplus hits record high
China’s trade surplus hit fresh highs in December, according to official data, fuelled by strong global demand.
Truss seeks meeting with US trade representative to discuss tariffs on Scottish whisky
British trade minister Liz Truss said on Thursday she was seeking an early meeting with who will be the new US trade representative after Joe Biden is sworn in as President, Katherine Tai, to discuss dropping tariffs on Scottish whisky.
Renault boss pledges to focus on electric future
French carmaker Renault's new chief executive pledged to focus more on technology and a more electric and leaner future for the business.
US pre-open: Futures mixed as traders await details on Biden's stimulus plans
Wall Street futures were mixed ahead of the bell on Thursday as market participants awaited details on president-elect Joe Biden's planned economic stimulus package and mulled over some more positive vaccine news.
Jobs cut at Whitbread as lockdown restrictions hit home
Whitbread has cut 1,500 jobs and warned of a "challenging" trading environment, as the latest round of lockdown restrictions caused accommodation sales to plummet by more than half.
Portmeirion FY results to beat expectations after strong H2
Royal Worcester and Spode owner Portmeirion said on Thursday that full-year net profit will be ahead of market expectations, with revenues at least 6% higher than consensus following a strong second half and seasonal sales performance.
Norwegian Air axes long haul routes with loss of 2,000 jobs
Norwegian Air on Thursday said it was pulling out of the transatlantic long-haul market with a loss of 2,000 jobs, adding it had started fresh talks with the government on more help.
London midday: Stocks extend gains as investors eye Biden's package
London stocks had extended gains by midday 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.
Clinigen performs well despite Covid-19 impact on H1
Pharmaceuticals products and services company Clinigen Group updated the market on its first half on Thursday, reporting that Covid-19 had continued to impact its business as global healthcare networks remained primarily focused on treating the pandemic and now also the roll-out of vaccines, delaying normal hospital procedures.
GB Group sells marketing services division to HH Interactive
Identity data intelligence company GB Group has sold its marketing services division to HH Interactive, a subsidiary of HH Global Group, it announced on Thursday.
Atalaya Mining exceeds copper production budget in fourth quarter
Atalaya Mining said on Thursday that copper production in the fourth quarter exceeded its budget at 14,332 tonnes, which was an 8. 5% increase year-on-year.