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Europe close: Stocks slip amid US debt ceiling concerns, Technology a bright spot
European shares slipped a bit on Thursday with gains in the technology space managing to lift them off their lows of the session, despite the US debt ceiling impasse.
US close: Stocks mixed on Nvidia numbers, debt ceiling delays
Wall Street’s main stock gauges closed in a mixed state on Thursday, with the Dow Jones suffering its fifth consecutive loss while the tech-centric Nasdaq Composite witnessed its biggest surge in three weeks.
Friday preview: US inflation data, UK retail sales figures in focus
All eyes at the end of the week would continue to be trained on the debt ceiling negotiations in the States.
Capita named preferred bidder on contracts worth £565m
Capita has been selected as preferred bidder to deliver new services designed to assess how much people should be paid in benefits.
London close: Stocks fall on stack of data, debt ceiling talks drag
London stock markets ended the trading session in the red on Thursday, weighed down by persisting investor concerns surrounding the lack of any clear progress in US debt ceiling discussions.
Director dealings: British Land CEO sells down, Ashley settles more Frasers options
Frasers Group was once again on both sides of the ledger on Thursday, after Mike Ashley exercised and settled a number of put options, and purchased further derivatives.
FTSE 100 movers: Centrica in the black; Coca-Cola HBC fizzes lower
London’s FTSE 100 was down 0. 7% at 7,575. 84 in afternoon trade on Thursday.
Fed's Collings open to rate hike pause in June
A top US central bank official said that soon, if not now, be the time for a pause in interest rate hikes.
US pending home sales remain flat in April
Home sales in the US were flat last month amid limited inventory and due to the hurdle posed by affordability.
US open: Nvidia results buoy Wall Street, but debt talks still in focus
Wall Street's main market gauges were mostly in the green, boosted by bumper results from chip-maker Nvidia on the back of demand for AI products.
Actual Experience extends relationship with Defra
Analytics-as-a-service provider Actual Experience announced an extension of its relationship with the UK Department for Environment, Food and Rural Affairs (Defra) on Thursday, in partnership with Vodafone.
FTSE 250 movers: Pets at Home falls, Workspace gains
Pets at Home announced a further £50m share buyback on Thursday as it hailed a record full-year performance, posting a jump in underlying pre-tax profit and revenue.
AI and machine learning added to dotDigital platform
Marketing automation technology company dotDigital announced a range of upgrades to its Customer Experience and Data Platform (CXDP) on Thursday, including the integration of advanced artificial intelligence (AI) and machine learning capabilities.
Gamma ropes in Softcat's Hellawell as its next chair
Gamma Communications announced the appointment of Martin Hellawell as chair and non-executive director of the board on Thursday, effective from 1 July.
Weekly US jobless claims edge up, prior week tally revised markedly lower
The US jobs market remained tight during the preceding week, the latest government data on jobless claims filings showed.
EMIS reports strong adjusted growth, extends acquisition timeline
Healthcare software and technology specialist EMIS Group reported total revenue of £175. 4m in its preliminary results on Thursday - a 4% increase year-on-year.
Broker tips: Fevertree,Tristel
Liberum hiked its price target on Fevertree Drinks on Thursday to 1,500p from 1,000p following an update from the posh tonic maker.
Currency headwinds to impact Alliance Pharma profits
Consumer healthcare company Alliance Pharma said in an update on Thursday that sales for the first four months of the year were ahead of the equivalent period in 2022, although it warned that currency headwinds looked set to impact full-year profits.
Tate & Lyle profits surge on higher prices
Food and beverage maker Tate & Lyle posted a surge in annual profits and sales, driven by higher prices on the back of soaring inflation.
Numis starts coverage of Tristel at 'add'
Numis started coverage of Tristel on Thursday with an ‘add’ rating and 390p price target.