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US close: Stocks finish weaker ahead of CPI print
Wall Street reversed earlier gains to finish weaker on Wednesday, as major indices continued to search for direction ahead of the release of May's consumer price index tomorrow.
Nordgold confirms London IPO plan
Nordgold has confirmed its intention to return to the London Stock Exchange after receiving a positive response from potential investors.
Europe close: Stocks drift lower even as ECB sticks to script
European shares finished off their worst levels of the session despite news of a much higher-than-expected reading on consumer prices from across the Pond.
Friday preview: G7 leaders' summit, UK GDP in focus
Investors' focus at the end of the week will be trained on the UK as the G7 leaders summit in London gets underway.
London close: Stocks mixed as ECB stands pat, US inflation jumps
London stocks finished in a mixed state on Thursday, as investors digested the latest policy announcement from the European Central Bank, as well as higher-than-expected consumer inflation in the United States.
BIS starts consultation on regulating banks' exposure to cryptoassets
The world's watchdog for central banks began a public consultation on Thursday on preliminar proposals for how lenders' exposure to cryptocurrencies should be regulated.
Broker tips: Paragon Bank, National Grid
Numis upped its earnings estimates for Paragon Bank after a strong set of results from the specialist buy-to-let lender.
Alien Metals falls on termination of earn-in deal
Minerals exploration and development company Alien Metals said on Thursday that it has been advised by Capstone Mining of the termination of the earn-in agreement between Alien, Estrella de Plata, Capstone Mining and Capstone Gold, effective from 9 July.
Director dealings: JTC CFO lowers stake
JTC revealed on Thursday that chief financial officer Martin Fotheringham had acquired 723,869 ordinary shares in the FTSE 250-listed fund manager.
FTSE 250 movers: Leisure stocks fall; Mitie makes gains
London’s FTSE 250 was down 0. 7% at 22,590. 03 in afternoon trade on Thursday.
Salt Lake Potash draws final $33m from senior debt facility
Salt Lake Potash announced on Thursday that, following receipt of funds from the first tranche of its recent AUD 28m (£15. 38m) placement, it has drawn down the final $33m (£23. 41m) tranche of its $138m senior debt facility.
US open: S&P 500 hits new record high as traders digest CPI reading
Wall Street stocks traded higher at the open on Thursday as market participants thumbed over a consumer price index that revealed a bigger-than-expected increase in price pressures and a fresh batch of jobless claims data.
FastForward ups stake in Australian medical cannabis company
Investment company FastForward Innovations has purchased a further 1. 178 million ordinary shares in portfolio company Little Green Pharma on the Australian Securities Exchange, at an average price of 65. 5 Australian cents (36p) per share.
FTSE 100 movers: Auto Trader rallies on results; Sainsbury's goes ex-div
London’s FTSE 100 was up 0. 3% at 7,104. 45 in afternoon trade on Thursday.
Condor Gold starts infill drilling at La India
Condor Gold has started an 8,500 metre infill diamond drilling programme within the permitted La Mestiza open pit mineral resource at La India Project in Nicaragua, it announced on Thursday.
Airlines call for furlough scheme to be extended until April 2022
British airlines have called for the furlough scheme to be extended for aviation workers after the government’s latest travel restrictions left them “unable to trade” during peak summer months.
ECB plots steady course, 'significantly higher' PEPP purchases to continue
Rate-setters at the European Central Bank plotted a steady course at their latest policy meeting.
US initial jobless claims fall for sixth consecutive week
The number of Americans lining up for state unemployment benefits declined for a sixth consecutive week, with initial claims decreasing by 9,000 to 376,000 in the week ended 5 June, according to the Labor Department.
US consumer prices jump past forecasts in May, led by user cars
Inflation in the US bounded ahead in May with big gains evident across nearly all categories of products and services.
First-half trading on track at musicMagpie
MusicMagpie reported a 3% spark in interim sales on Thursday, in its first trading update since debuting on the London market.