Full List Of Stories
Inchcape shares tank despite higher FY profits, upbeat outlook
Shares in Inchcape fell sharply on Thursday, despite the automotive distributor reporting a rise in annual earnings driven by growth in new and used vehicle sales and higher prices.
FTSE 250 movers: InchCape hits the brakes; Energean cooking
FTSE 250: 18,774. 07 +0. 09% at 1515 GMT.
Energean shares surge on profit rise, higher production outlook
Shares in Energean surged on Thursday as the gas producer almost doubled annual 2022 profits and said it expected output this year would reach 131,000-158,000 barrels of oil equivalent (boed) per day after the launch of its main Karish field off Israel.
Europe open: Shares slip after Fed hikes rates, eyes on Continent
European shares opened lower on Thursday after the US Federal Reserve raised interest rates by an expected 25 basis points, despite the financial crisis caused by banks on both sides of the Atlantic.
Europe midday: Shares slip further as Swiss, Norway, UK rates all rise
European shares extended losses on Thursday after the US Federal Reserve quarter-point rate rise was followed by a trio of increases in the UK, Switzerland and Norway.
US Royalty Pharma strikes deal with PureTech Health on KarXT royalties
US-listed Royalty Pharma has acquired an interest in PureTech Health's royalty in Karuna Therapeutics' KarXT drug for up to $500m, with $100m in cash up front and up to $400m in additional payments contingent on the achievement of certain regulatory and commercial milestones.
LondonMetric sells three estates for £46m
LondonMetric Property on Thursday said it had sold a portfolio of three multi-let industrial estates for £46m.