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3i enters exclusive negotiations to sell Havea Group
3i Group announced on Thursday that it, and its co-investor Cathay Capital, have entered into exclusive negotiations for the sale of its investment in Havea Group to funds advised by BC Partners, alongside Havea’s management team.
Eurozone business growth eases to 16-month low in June
Business growth in the eurozone eased in June to a 16-month low as prices continued to surge and demand stalled, according to a survey released on Thursday.
UK's Heathrow airport raises passenger, cost forecasts
London's Heathrow airport raised passenger forecasts for the year on the back of stronger-than-expected travel demand.
Bango partners with unnamed 'multinational technology company'
Software firm Bango has struck an agreement with an unnamed "leading, multinational technology company".
Numis initiates coverage of Bunzl at 'hold'
Numis has initiated coverage of Bunzl, the international distribution and services firm, with a ‘hold’ rating.
Citi resumes coverage of THG at 'buy', says beauty division underestimated
Citi resumed coverage of ecommerce group THG on Thursday with a ‘buy’ rating and 220p price target.
Polymetal cash-flow generation impacted by difficulties and delays in sales channels
Mining giant Polymetal International said on Thursday that both difficulties and delays in setting up new sales channels had continued, resulting in a drop in cash-flow generation.
Surge in interest payments hits public debt
Public sector borrowing exceeded forecasts in May, official figures showed on Thursday, after surging inflation pushed up debt interest costs.
Europe open: Market slide continues after comments from Fed's Powell
European markets continued their slide at the open on Thursday after US Federal Reserve chairman Jerome Powell said interest rates would rise aggressively until soaring inflation was tamed.
London open: Stocks fall amid recession fears; PMIs eyed
London stocks fell in early trade on Thursday as recession fears dented sentiment, with all eyes on the release of the latest UK PMIs.
Trainline CFO to join Boohoo
Trainline chief financial officer Shaun McCabe is leaving the online ticketing platform to join fast-fashion outfit Boohoo, the company said on Thursday.
Urban Logistics FY net rental income rises, Grainger to forward fund Bristol development
London pre-open The FTSE 100 was being called to open 19. 8 points lower ahead of the bell on Thursday after closing 0. 88% lower in the previous session at 7,089. 22.
Interim revenues on track at 888
Gambling and gaming group 888 Holdings said on Thursday that it expects interim revenues to be "broadly" in line with expectations.
London pre-open: Stocks seen lower ahead of PMIs
London stocks were set to decline at the open on Thursday following a downbeat session in the US.
Urban Logistics FY net rental income surges
Real estate investment trust Urban Logistics saw net rental income grow over the 12 months ended 31 March amid "significant" capital deployment and a 25. 4% increase in the group's property valuation to £153. 0m.
Grainger buys Bristol build-to-rent development for £128m
UK residential landlord Grainger on Thursday said it had agreed to forward fund and buy the build-to-rent element of a Bristol development for £128m.