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Asia report: Stocks rise across region, BHP strikes deal with Tesla
Markets in Asia closed in positive territory on Thursday, led by Hong Kong’s bourse, as BHP surged ahead in Sydney on the back of a new deal with Tesla.
US pre-open: Futures trade higher ahead as bond yields stabilise
Wall Street futures were pointing to another positive session for stocks as market participants continued to eye bond yields and corporate earnings.
US jobless claims jump as automakers retool
First time unemployment claims in the US bounced back unexpectedly during the previous week, pushed higher by the annual retooling of automakers.
Profits take off at American Airlines
American Airlines Group swung to a profit in the second quarter, the US carrier revealed on Thursday, as revenues bounced back.
3i Infrastructure says strategic review of Oystercatcher at 'advanced stage'
3i Infrastructure said on Thursday that the strategic review of Oystercatcher's European terminals in Amsterdam, Terneuzen, Ghent and Malta has reached an "advanced stage".
Deutsche Bank upgrades Antofagasta to 'hold'
Deutsche Bank upgraded its rating on Antofagasta to 'hold' after the shares underperformed rival miners.
BoE's Broadbent says higher inflation looks temporary
Rising inflation is likely to be temporary, a Bank of England rate setter said in remarks that reined in expectations of imminent policy tightening.
Liberum raises target price on Volution
Analysts at Liberum raised their target price on ventilation products supplier Volution from 377. 0p to 520. 0p on Thursday, citing ongoing momentum.
ECB tweaks guidance, rates may now stay lower for longer
Policymakers at the European Central Bank will keep its interest rates at their current low level until it sees inflation returning to its new target level "well ahead" of its projection horizon and in a "durable manner".
Hotel Chocolat considering equity raise, shares drop
Premium chocolatier Hotel Chocolat confirmed on Thursday that it is considering an equity raise.
Berenberg trims target on EasyJet, sees cash call, cautious on demand recovery
Berenberg analysts trimmed their target price for shares of EasyJet from 1,000. 0p to 930. 0p and kept their recommendation at 'hold', arguing that the shares were "reasonably" priced given the risk of a cash call that could materially dilute investors.
Breedon ups full-year expectations, shares spark
Breedon Group expects full-year numbers to come in at the top end of forecasts, the construction materials specialist said on Thursday, after a strong first-half performance.
Treasury committee quizzes FCA on frozen bank accounts
The chairman of the Treasury committee has written to the financial regulator raising concerns about banks freezing vulnerable customers' accounts after NatWest was reported to have blocked thousands of accounts.
Audioboom rejects takeover offer from AAA
On-demand audio and podcasting distribution platform Audioboom said on Thursday that it has rejected a £188m takeover offer by All Active Asset Capital (AAA) as it "significantly undervalues" the business.
Europe midday: Shares hold gains ahead of ECB meeting
European shares held gains at midday, driven by strong corporate earnings and optimism over economic recovery from the Covid pandemic and hopes the European Central Bank would maintain a dovish stance on policy at its meeting later on Thursday.
Trading 'as expected' at DMGT
Daily Mail and General Trust said on Thursday that it was trading in line with expectations, as revenues recovered from a difficult 2020.
Canaccord Genuity doesn't expect 'supernormal' activity to repeat at CMC Markets
Analysts at Canaccord Genuity hiked their target for CMC Markets from 326. 0p to 463. 0p but kept their recommendation at 'hold', telling clients that they spied both downside and upside risks to the outlook - although the two were "balanced".
Strix reports positive momentum in first half
Kettle safety control maker Strix reported “positive trends and momentum” in a first-half trading update on Thursday, adding that it would deliver revenue growth of about 50%, including the impact of Laica, compared to the pandemic-affected prior year.
UK supermarkets fear panic-buying amid 'pingdemic' fiasco
British supermarkets have called on the government to include the sector in its plan to exempt critical workers from isolation if they have been “pinged” by the NHS Covid test-and-trace app amid fears of food shortages on shop shelves.
Greatland Gold upbeat on latest drilling at Havieron
Precious and base metals exploration and mining company Greatland Gold updated the market on the drilling campaign at the joint venture Havieron gold-copper project in the Paterson region of Western Australia on Thursday, with drilling activities since the last update including new results from the growth drilling programme.