Full List Of Stories
FTSE 250 movers: Harbour Energy gushes; Hipgnosis out of tune
FTSE 250 (MCX) 20,542. 38 0. 25% .
Blackstone leads Hipgnosis race as Concord says no encore
Private equity giant Blackstone appeared to have emerged as the winner in the race to buy troubled music rights owner Hipgnosis Songs Fund after Apollo-backed Concord said its latest $1. 25-a-share offer was final.
BAE holds guidance, sees boost from global tensions
Weapons maker BAE Systems held annual guidance and said global geopolitical tensions should boost orders as countries increased defence spending.
Nissan profits jump 92%, but China sales fall
Motor manufacturer Nissan said annual profit jumped 92% to 426. 6 billion yen (£2. 1bn), driven by higher sales in all major global markets except China.
Europe midday: Shares flat as BoE holds rates, but sees Q1 GDP growth
European stocks were flat on Wednesday as the Bank of England held interest rates steady, in line with expectations, and said the UK economy may have pulled out of recession into growth during the first quarter of the year.
Europe open: Shares take a breath ahead of BoE call on rates
European stocks opened lower after hitting fresh highs on Wednesday as investors turned their attention to a rate decision from the Bank of England.
China imports smash forecasts as exports also rise
China’s exports rose 1. 5% in April, while imports surged 8. 4%, beating forecasts, according to data released by the customs agency on Thursday.
Watches of Switzerland buys Roberto Coin Inc for $130m
Watches of Switzerland Group said it had bought Roberto Coin Inc for $130m as it looks to expand into the luxury jewellery market.
IMI Q1 revenues rise 4%; FY guidance held
Specialist engineering firm IMI on Thursday said trading remained in line with expectations as first-quarter revenue rose 4% year on year.