Full List Of Stories
UK retail footfall drops further in July
Retail footfall fell across the UK in July, according to fresh data released on Friday, with overall numbers dropping by 3. 3% compared to the same period last year.
London close: Stocks slide as Bank of England trims rates
London's stock markets ended the day in negative territory on Thursday, as investors digested the Bank of England's decision to cut interest rates for the first time in four years.
Mondi confident despite fall in first-half earnings
Mondi reported a solid first-half performance on Thursday, despite facing market challenges, as underlying EBITDA fell to €565m from €680m year-on-year, resulting in an EBITDA margin of 15. 1%.
BMW profit margin narrows on China weakness
BMW reported a decline in its automotive segment's profit margin for the second quarter on Thursday, driven by increased competition and weakening demand in China, a crucial market for the German carmaker.
Volkswagen shares slip as it extends cost-cutting programme
Volkswagen shares declined on Thursday, after the German carmaker announced it would extend its cost-cutting measures beyond the second half of 2024.
Moderna lowers guidance after fall in quarterly revenue
Moderna reported a significant fall in second quarter revenue on Thursday, to $241m, down from $344m in the same period last year, as it lowered its full-year guidance amid weak Europe sales and a competitive US market.
Coats Group lifts guidance after strong first half
Industrial thread specialist Coats Group announced a robust set of interim results on Thursday, with a 7% increase in revenue to $741m, and revenue growth accelerating to 8% on a constant exchange rate (CER) basis, leading to an upgrade to its full-year guidance.
Capital & Regional raises dividend after strong first half
Shopping centre real estate investment trust Capital & Regional reported a strong set of first-half financial results on Thursday, marked by a 17. 1% increase in net rental income (NRI) to £13. 7m.
Asia report: Stocks mixed after Fed decision, China factory data
Asia-Pacific markets experienced a mixed performance on Thursday as investors digested comments from US Federal Reserve chair Jerome Powell overnight, who hinted at a potential rate cut in September, contingent on favourable inflation data.
LSEG reports consistent business-wide first-half growth
London Stock Exchange Group (LSEG) reported consistent growth across its divisions in its interim results on Thursday, alongside improved profitability and significant shareholder returns.
Melrose beats first-half forecasts but warns of supply challenges
Aerospace group Melrose Industries reported a strong set of first-half results on Thursday, ahead of its expectations, with adjusted operating profit up 62% to £247m, although it adjusted its 2025 revenue targets amid “industry-wide” supply chain challenges.
Schroders shares slide despite record high assets under management
Shares in Schroders were sliding on Thursday morning even after it announced a record high assets under management (AUM) of £773. 7bn in its half-year results, up from £726. 1bn a year earlier.
Next raises profit guidance after strong first half
Next raised its profit guidance for the full year by £20m to £980m on Thursday, representing a 6. 7% increase compared to last year, following a robust sales performance in the first half.
Barclays raises interest guidance despite fall in first-half income
Barclays reported a return on tangible equity (RoTE) of 11. 1% for its first half on Thursday, down from 13. 2% in the same period last year, with profit before tax slipping to £4. 2b from £4. 6bn, although it raised its full-year net interest income guidance.
Barclays hikes net interest guidance, Next raises full-year forecast
London open The FTSE 100 is expected to open 30 points higher on Thursday, having closed up 1. 13% on Wednesday at 8,367. 98.