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Europe midday: Shares trim gains on China worries, EU airlines ruling
European stocks were giving up gains by lunchtime on Thursday as investors digested a weak China manufacturing survey, renewing concerns about the state of the world's second largest economy.
Thursday newspaper round-up: Transport bosses, online deliveries, car exports
Airline, shipping and trucking bosses have joined union leaders in calling for governments around the world to ease coronavirus restrictions on transport workers to help avoid a Christmas supply chain crisis. Industry representatives from around the world issued a joint call on Wednesday for coordinated action from national governments to simplify border restrictions. - Guardian.
Diageo reports strong start to the year
Diageo said it made a strong start to the financial year with sales rising in all regions despite supply chain problems.
Virgin Money to shut branches in digital push
Virgin Money said it would close almost one-fifth of its branches and cut office space as customers increasingly move online during the pandemic.
Softline plans London IPO to raise $400m
Softline, a digital transformation company, is planning an initial public offering to raise $400m for expansion and acquisitions.
H&M reinstates dividend as sales recovery continues
Hennes & Mauritz is to reinstate its dividend, the fashion retailer said on Thursday, as sales and profits continued to improve from the worst of the pandemic.
Evergrande misses offshore bond payment - report
Embattled Chinese property developer Evergrande has missed a crucial bond interest payment, according to reports.
HICL appoints Mike Bane as chair
Infrastructure firm HICL on Thursday said current non-executive director Mike Bane had been selected as chair, succeeding Ian Russell from July 31 2022.
Confidence in UK economy slumps as costs rise - IoD
Company directors’ confidence in the UK economy has plummeted, according to a survey published on Friday, as costs continue to mount.
Friday preview: US consumer confidence, global manufacturing in focus
The market spotlight at the end of the week will be on a barrage of economic data out in the States.
Europe close: Stocks moderately lower after soft China factory data
European stocks registered moderate losses on Thursday as investors digested weak China manufacturing survey data, renewing concerns about the state of the world's second largest economy.
London close: Stocks end last day of turbulent month in the red
London stocks slipped below the waterline to close in the red on Tuesday amid weakness in the travel sector, as investors digested the latest UK GDP data.
Broker tips: WH Smith, 888 Holdings
Analyst at Berenberg raised their target price on retailer WH Smith from 1,500. 0p to 1,750. 0p on Thursday, stating it was positive on the group's long-term prospects.
Director dealings: Literacy Capital director ups stake
Literacy Capital revealed on Thursday that independent director Christopher Sellers had acquired 10,000 ordinary shares in the London-listed closed-end investment company.
Redcentric acquiring Piksel IS in $13m deal
Managed IT services company Redcentric announced the acquisition of Piksel Industry Solutions on Thursday, for $13m (£9. 5m).
FTSE 250 movers: Hays goes ex-div; IP Group bucks trend
London’s FTSE 250 was down 0. 3% at 23,077. 67 in afternoon trade on Thursday.
FTSE 100 movers: Miners rally; IAG flies lower
London’s FTSE 100 was down 0. 5% at 7,073. 61 in afternoon trade on Thursday.
Chicago PMI dips in September amid supply shortages
Factory sector activity in the Chicago region cooled just a tad more quickly than anticipated in September, the results of a closely-followed survey revealed.
SkinBioTherapeutics confirms launch plans for psoriasis supplement
Skin health-focussed life science company SkinBioTherapeutics updated the market on its commercialisation plans for ‘AxisBiotix-Ps’ on Thursday, which it described as its probiotic food supplement to help alleviate the symptoms associated with psoriasis.
US open: Stocks open mixed on last day of September trading
Wall Street stocks were mixed early on Thursday as major indices prepared to wrap up a losing month.