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Next lifts FY guidance after strong rise in Q2 full-price sales
UK fashion retailer Next raised annual profit forecasts on Thursday after strong second-quarter full-price sales and better-than-expected clearances of summer stock.
Eurozone July business activity fell faster than estimates - PMI
Eurozone business activity stagnated more than initial estimates last month as the services sector also slowed along with the already-troubled manufacturing industry, a survey showed on Thursday.
Europe close: Shares lower on EZ PMI, BoE rate hike, US bonds
European shares closed lower on Thursday, as investors fretted about higher US bond yields and payroll data, while they also digested the latest rate hike by the Bank of England.
Wilko to call in administrators with 12,000 jobs at risk
UK retailer Wilko on Thursday said it planned to call in administrators as it neared collapse, putting more than 12,000 jobs at risk, amid anaemic consumer demand and high costs.
FTSE 100 movers: Rolls-Royce fires on all cylinders; Mondi disappoints
Rolls-Royce was firing on all cylinders during the front half of 2023.
FTSE 250 movers: Helios Towers up as losses narrow; Serco cashes in on immigration spending
Shares in Helios Towers topped the FTSE 250 as the company reported an 18% rise in organic revenue from increased tenancies on its mobile phone masts towers and inflation-linked contracts.
Europe midday: Shares trim earlier losses; BoE hikes rates again
European shares trimmed losses on Thursday, as investors fretted about higher US bond yields and payroll data, while they also digested the latest rate hike by the Bank of England.
Europe open: Shares down again as bond yields rise; Eyes on BoE
European shares posted another sharp decline at the open on Thursday, as investors fretted about higher US bond yields and payroll data, while they also looked ahead to a Bank of England rate decision later in the day.
Hikma lifts guidance for generics business
Hikma Pharmaceuticals lifted annual revenue and margin guidance for its generics business as first-half core operating profit rose 35%.
Smith+Nephew lifts annual revenue guidance
Medical products maker Smith+Nephew on Thursday lifted its full-year revenue outlook as first-half results were boosted by outperformance in its sports medicine and advanced wound management divisions.
Wizz Air swings to Q1 profit on soaring demand; Cuts H1 ASK guidance
Low-cost carrier Wizz Air swung to a first-quarter profit on the back of soaring demand for travel and record passenger numbers.
Mondi H1 profits fall on weaker demand, higher costs
Paper and packaging group Mondi reported a sharp fall in interim earnings due to weaker demand, customer destocking and higher input costs.