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London close: Stocks finish lower as BoE holds rates
London's financial markets experienced slight declines on Thursday, as the Bank of England maintained its benchmark interest rate at 4. 5%, amid ongoing economic uncertainties.

Tesla recalling 46k Cybertrucks over loose panel issue
Tesla is recalling 46,096 Cybertrucks in the US, it emerged on Thursday, due to a defect that could cause exterior trim panels to detach while driving, creating a potential road hazard.

Niox confirms approach from Keensight, enters formal offer period
Niox Group responded to media speculation on Thursday, confirming that it received a revised takeover proposal from Keensight Capital, valuing the medical device company at 81p per share.

Coral Products subsidiary signs food container supply deal
Coral Products announced on Thursday that its subsidiary Tatra Rotalac has signed an exclusive three-year supply agreement with a leading UK distributor of BRC packaging containers.

Central Asia Metals reports strong year
Central Asia Metals reported a solid set of 2024 results on Thursday, with increased revenue, strong free cash flow generation, and a maintained dividend, while remaining debt-free.

Focusrite maintains expectations amid economic uncertainty
Audio production equipment specialist Focusrite reported first-half revenue growth in an update on Thursday, with performance in line with expectations, despite margin pressure from freight costs and product mix.

PetroTal upbeat after solid full-year results
PetroTal reported a strong set of operational and financial results for 2024 on Thursday, with production exceeding guidance and a significant return of capital to shareholders.

Mobile Streams agrees to increase stake in Capital Media Sports
Mobile Streams announced an agreement on Thursday to increase its ownership in Capital Media Sports (CMS), the parent company of the Estadio media brand, with a potential path to acquiring a controlling stake.

SNB sets rates at 0.25pc in fifth consecutive cut
Switzerland’s central bank reduced its policy interest rate by 25 basis points to 0. 25% on Thursday, marking its fifth consecutive cut since March 2024.

Asia report: Markets mixed as Fed, PBoC hold rates
Asia-Pacific markets were mixed on Thursday as investors reacted to unchanged interest rates in both China and the United States.

SysGroup included in Rubrik's Advanced Partner Program
SysGroup announced its inclusion in Rubrik’s Advanced Partner Program on Thursday, in a move aimed at bolstering its ability to deliver data security, ransomware detection and recovery solutions across the UK.

Costain selected as delivery partner for Urenco at Capenhurst
Costain Group announced on Thursday that it has been selected as the programme delivery partner for Urenco’s infrastructure investment at its Capenhurst site in Cheshire.

3i Group reports progress at Action, shares slide
Shares in investing giant 3i Group were sliding on Thursday morning, even after it reported positive progress ahead of a capital markets seminar focused on its largest portfolio company, the Benelux-focussed general discount retailer Action.

Energean reports solid results, warns of Carlyle transaction risks
Energean reported a strong financial performance for 2024 on Thursday, driven by growth in its core Israeli operations, despite an impairment charge impacting net profit.
Cranswick upgrades medium-term targets; Prudential hikes dividend
London open The FTSE 100 is expected to open 10 points lower on Thursday, having closed up 0. 02% on Wednesday at 8,706. 66.