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London open: Stocks fall but drinks maker Diageo bucks trend
London stocks fell in early trade on Thursday following heavy losses in Asia and on Wall Street, as worries about the Covid-19 pandemic and the vaccine rollout dented sentiment.
Tritax Big Box experiences record demand in 2020
Real estate investment trust Tritax Big Box said on Thursday that it saw record demand for logistics real estate in the UK during 2020.
Rank Group tumbles into the red as Covid shuts venues
Bingo and casino operator Rank Group has tumbled into the red after lockdown restrictions in an "exceptionally challenging" first half closed its venues.
Euromoney revenues fall as pandemic hurts events unit
Financial information company Euromoney reported lower first quarter revenues as coronavirus lockdowns hit its events business.
David Ward to step down as Aveva finance director
Aveva Group announced on Thursday that company secretary and finance director David Ward, who reports to its deputy chief executive and chief financial officer James Kidd, would be stepping down.
Diageo ups dividend as first-half profit falls
Diageo increased its interim dividend as the drinks company reported first-half operating profit down 8. 3% to £2. 2bn.
Rio Tinto revamps top team in bid to regain trust
Rio Tinto unveiled a new leadership team as Chief Executive Jakob Stausholm tries to strengthen governance and restore trust after the destruction of sacred Aboriginal ground forced out his predecessor.
Anglo American lowers 2021 diamond production guidance
Mining firm Anglo American lowered its diamond production guidance for 2021 on Thursday as a result of operational challenged stemming from the Covid-19 pandemic.
3i Group posts 'resilient' quarter as net asset value rises
Private equity firm 3i Group reported “another resilient quarter” from its investment portfolio on Thursday, as its net asset value per share rose to 936p as at 31 December, from 905p on 30 September.
Sanne full-year EPS seen in line with expectations
Alternative asset services firm Sanne said on Thursday that underlying earnings per share for the year to the end of December 2020 are set to be line with its expectations.
St James's Place funds hit record
St James’s Place ended 2020 with record funds under management after investors placed more than £4bn with the wealth manager in the final quarter of the year.
Britvic Q1 revenues fall as Covid curbs hit in-store sales
UK soft-drinks maker Britvic reported a fall in first quarter revenue as the coronavirus pandemic hit its out-of-home sales, with a rise in home consumption failing to make up the shortfall.
First quarter revenue slumps for easyJet, Diageo increases interim dividend
London open The FTSE 100 is expected to open 62 points lower on Thursday, having closed down 1. 3% on Wednesday at 6,567. 37.
Assets under management edge higher at ICG
Intermediate Capital Group saw assets under management nudge higher in the third quarter, the UK asset manager said on Thursday.
London pre-open: Stocks seen lower after Wall St losses
London stocks were set to fall at the open on Thursday following heavy losses on Wall Street.
Thursday newspaper round-up: UK car production, GameStop, Tesla
UK car production slumped to its lowest level since 1984 last year amid the turmoil caused by the coronavirus pandemic, and Nissan overtook Jaguar Land Rover as the biggest British manufacturer. The output of British car factories dropped by 29% compared with the year before – to about 921,000. It was the first time annual production had fallen below 1m since 2009, during the depths of the financial crisis. - Guardian.
US close: Stocks weaker as Fed maintains accommodative policy
Stocks on Wall Street had their worst day in months on Wednesday, as market participants digested the latest rate decision from the Federal Reserve, as well as updates from Apple, Facebook and Tesla.