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UK government to ban junk food advertising online and before 9pm on TV
The UK government is set to announce a ban on junk food advertising online and before 9pm on television from 2023 in another move to fight the country’s obesity crisis.
Visa signs deal to acquire European banking platform Tink for $2.15bn
Payments technology company Visa said on Thursday it had signed a deal to buy European open banking platform Tink for $2. 15bn.
AstraZeneca, MSD prostate cancer drug gets China green light
AstraZeneca and MSD’s Lynparza prostate cancer drug has been granted conditional approval in China after a successful phase three trial, the companies said on Thursday.
UK consumer sentiment stable but inflation worries appear - GfK
UK consumer sentiment was stable in June but concerns about rising inflation appear to have undermined households' confidence in the economic outlook, a survey showed.
London close: Stocks end mixed despite 'dovish' BoE
London stocks finished on a mixed note on Thursday as investors cheered the Bank of England's dovish policy stance at its latest rate-setting meeting.
Europe close: Stocks rally on 'dovish' BoE, German business confidence
European shares rallied on Thursday as investors focused on a 'dovish' outcome to the Bank of England's policy meeting.
EE to reintroduce roaming charges in Europe next year
Mobile operator EE announced it will charge new UK customers extra to use the data on their mobile phones when abroad to Europe from January 2022.
Director dealings: Universe Group chairman makes share purchase
Universe Group revealed on Thursday that chairman Andrew Blazye had acquired 22. 84m ordinary shares in the AIM-listed point of sale systems supplier.
Broker tips: Cineworld, BP, Alphawave IP, Berkeley
Analysts at Berenberg raised their target price on theatre operator Cineworld from 70. 0p to 85. 0p on Thursday but warned that "too many unknowns" remained for it to make any changes to its 'hold' rating.
Friday preview: US consumer confidence, Fed speakers in focus
Financial markets' focus at the end of the week will be on US consumer confidence and another pair of Fed speakers.
Deliveroo shares surge as court rules riders are self-employed
Deliveroo shares shot higher on Thursday after a UK court ruled that its riders are self-employed.
FTSE 250 movers: Wood Group gushes lower; Chrysalis gains
London’s FTSE 250 was down 0. 4% at 22,575. 47 in afternoon trade on Thursday.
US open: S&P 500 and Nasdaq Composite hit new record highs in early trading
Wall Street stocks were in the green early on Thursday, with the S&P 500 and Nasdaq Composite surpassing their respective record highs during early trading.
FTSE 100 movers: Berkeley rises; BT hit by downgrade
London’s FTSE 100 was up 0. 6% at 7,117. 23 in afternoon trade on Thursday.
Canaccord Genuity nudges up target price on Berkeley Group
Analysts at Canaccord Genuity nudged up their target price on homebuilder Berkeley Group from 5,230. 0p to 5,240. 0p on Thursday, stating the group was "well positioned with confidence returning".
Carnival reports narrowing of Q2 losses
Carnival posted a narrowing of its second-quarter losses on Thursday and a rise in bookings as it said it is looking to return its full fleet to operations by next spring.
Innovid plans going public via merger with SPAC
TV tech company Innovid announced its plans on Thursday to go public via a merger with a publicly traded special purpose acquisition company (SPAC).
US durable goods orders up in May, jet orders jump
Orders in the US for goods made to last more than three years continued growing at a steady clip last month, helped by strong demand from the transportation sector.
JP Morgan initiates Alphawave with 'overweight' rating
JP Morgan initiated coverage of Alphawave IP with an 'overweight' rating based on expectations that earnings will double each year over three years.