Market Report
Goldman Sachs to move half its London bankers to Frankfurt
Giant investment bank Goldman Sachs plans to move 1,000 of its City of London traders and bankers to Frankfurt when the UK exits from the European Union, according to reports in Germany on Thursday.
Gama Aviation's Hutchson JV wins Hong Kong maintenance deal
Gama Aviation's joint venture with CK Hutchison has won a long-term business jet maintenance co-operation contract with China Aircraft Services Limited, a maintenance provider based at Hong Kong International Airport.
Britain to be 'global leader in trade' post-Brexit, says Theresa May
Prime Minister Theresa May told world leaders on Thursday that a post-Brexit Britain will be a leader in trade and that the country would “step up to a new leadership role” after it leaves the European Union.
Energiser Investments joins social network for investors
Having raised £1. 3m to kickstart its acquisition programme, real estate investor Energiser Investments has appointed Vox Markets, a professional network for stock market participants.
Lenta pens 15-year lease contract for 36 Moscow supermarkets
London-listed Russian retail chain Lenta has penned a 15-year lease contract for 36 supermarkets in Moscow, which are currently under construction.
Polar Capital Holdings appoints new CEO
Polar Capital Holdings, an investment management boutique, announced the prospective appointment of Gavin Rochussen as its new chief executive.
NCC's chairman decides to step down
NCC Group, the independent global cyber security and risk mitigation expert, has announced that its chairman Paul Mitchell intends to step down by the end of the year on 31 May 2017.
Lockheed Martin reportedly close to $9bn F-35 contract with Pentagon
The Department of Defense in the United States is ready to pen a deal with contractor Lockheed Martin worth $9bn for its controversial F-35 fighter planes, according to reports.
Samsung boss evades arrest as South Korean judges rejects arrest warrant
The de-facto head of Samsung group will not face arrest in the South Korean corruption scandal after a judge in the country ruled against issuing an a warrant for the arrest.
Europe midday: Investors pause for breath ahead of ECB rate decision
European stocks were flat on Thursday as traders took a cautious stance ahead of the European Central Bank’s interest rate decision.
London midday: FTSE falls ahead of ECB policy decision
The FTSE 100 edged lower on Thursday as the pound strengthened and as investors looked ahead to the European Central Bank’s latest policy decision.
Trans-Siberian Gold reports solid development at Asacha
Trans-Siberian Gold reported on Thursday that mine development at Asacha in the fourth quarter of 2016 comprised 1,499 metres.
Smiths Group gets EC clearance for Morpho Detection acquisition
Diversified engineer Smiths Group has received clearance from the European Commission for its proposed acquisition of Morpho Detection from Safran.
Asia report: Markets mixed as Toshiba considers semiconductor sale
Markets in Asia finished mixed on Thursday, with Japanese technology giant Toshiba plummeting over rumours it was looking at selling its semiconductor division.
US pre-open: Stocks seen touch lower ahead of BNY Mellon earnings, data
US futures pointed to a flat to marginally weaker open on Wall Street as investors awaited a slew of data releases and earnings from Bank of New York Mellon.
Liberum slashes Pearson price target after profit warning
Liberum slashed its price target on education publisher Pearson to 360p from 470p following the company’s profit warning in the previous session.
GlaxoSmithKline nabs Astra's Luke Miels to head global pharma
The president of GlaxoSmithKline’s global pharmaceuticals division, Abbas Hussain, is leaving the company later this year, to be replaced by AstraZeneca’s Luke Miels.
G4S boosted by Barclays upgrade
Security services company G4S got a boost after Barclays upped its stance on the stock to ‘equalweight’ from ‘underweight’ and hiked the price target to 260p from 160p.
Communisis finishes year in line with expectations
Personalised customer communication services provider Communisis posted its unaudited trading update for the year to 31 December on Thursday, with the company saying trading for the year ended in line with expectations.
AFH Financial buys IFA firms in Scotland and South West for £1.07m
AIM-listed wealth management company AFH Financial Group has bought independent financial advisory firms, Shield Direct and Aberdeen Wealth Management, for a collective £1. 07m.