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EU threatens UK with legal action over post-Brexit trade arrangement
The European Union is threatening the UK with legal action over differences on their post-Brexit trade agreement and more specifically areas involving Northern Ireland.
David Crosby sells music catalogue to Iconic Artists Group
David Crosby has become the latest major artist to sell his music and catalogue, as he blamed the inability to perform live during the Covid-19 pandemic.
Barratt Developments CFO Jessica White to step down
Barratt Developments said on Thursday that Jessica White will step down as chief financial officer on 30 June for personal reasons and leave the housebuilder at the end of July.
Fed's Powell says he would be concerned if financial conditions tighten
Longer-term US government debt yields extended their recent rebound even after Federal Reserve chief, Jerome Powell, said he was monitoring their rise.
Sberbank posts jump in full-year net interest income
Sberbank, the Russian Federation's largest lender by assets, posted a big drop in full-year profits in a year marked by the novel coronavirus pandemic.
Friday preview: US non-farm payrolls, LSE Group in focus
The market spotlight at the end of the week will be on the all-important monthly US non-farm payrolls report.
London close: Stocks finish weaker amid bond yield pressure
London stocks remained in negative territory at the close on Thursday, amid ongoing pressure from rising government bond yields overnight.
Europe close: Stocks shake off early losses, but led by Oil and Gas, and Utilities
European shares were mostly higher on Thursday reversing early losses triggered by worries over rising government bond yields on both sides of the Atlantic.
Sector movers: Oil and Gas leads gains as OPEC+ springs surprise on traders
Oil and Gas shares jumped to the top of the leader board after many of the world's major crude producers surprised traders with a decision to hold their combined output unchanged following talks on Thursday.
Director dealings: Vistry Group boss builds stake as homebuilder nails forecasts
Vistry Group's boss, Greg Fitzgerald, picked up some more shares in the homebuilder close on the heels of its latest full-year results.
US open: Stocks stabilise ahead of Powell
Wall Street's main market indices were all holding slightly higher in early trading, stabilising after selling from the day before carried over into the opening bell.
Baron Capital sells 1.8m Tesla shares over past 6 months
Billionaire investor Ron Baron’s namesake firm sold 1. 8m shares in Tesla over the preceding six months despite his belief that the stock price would surpass $2,000 in the next decade.
US pre-open: All eyes on Fed's Powell, jobs data
US equities futures are pointing to a lower start ahead of remarks from US central bank boss Jerome Powell later in the day which some will undoubtedly hope will help to soothe frayed nerves in government bond markets.
Tracsis awarded new contracts with large American transit agency
Transport-focussed software, hardware and data analytics company Tracsis has been awarded new contracts for the supply of remote conditioning monitoring (RCM) hardware and software to an unnamed North American transit agency, it announced on Thursday.
FTSE 250 movers: Weir Group hit by downgrade out of Deutsche Bank
Weir Group was felled by a downgrade out of analysts at Deutsche Bank from 'buy' to 'hold'.
US suspends tariffs on UK products in move to resolve aircraft row
The United States agreed to halt tariffs on UK products for four months in a sign of good faith ahead of talks aimed at resolving a row over subsidies granted to the two countries' aircraft industries.
Morses Club performs 'resiliently' in 2020
Non-standard financial services provider Morses Club said on Thursday that it performed “resiliently and profitably” in the year ended 27 February, accelerating its digital strategy in response to the Covid-19 pandemic.
FTSE 100 movers: Miners in the red, Aviva and Sage gain
The FTSE 100 remained in the red in afternoon trading on Thursday, as investors continued to rifle through the morning’s avalanche of earnings reports.
Barclays initiates PZ Cussons with 'overweight' rating
Barclays started coverage of PZ Cussons with an 'overweight' rating in the expectation that newish chief executive Jonathan Myers will shake up the soap maker.
Sunak's spending plans, tax cuts undeliverable, says IFS
UK Finance Minister Rishi Sunak’s plans to bring the budget into surplus through tax increases and spending cuts are undeliverable, an influential thinktank said on Thursday.