Full List Of Stories
KKR Dark Aggregator to sell 2.5% stake in Darktrace in placing
Jefferies said on Thursday that KKR Dark Aggregator plans to sell a stake of around 2. 5% in cybersecurity firm Darktrace in a placing to institutional investors.
BAE Systems selected by Australian govt to build nuclear powered submarines
BAE Systems said on Thursday that it and ASC Pty Ltd have been selected by the Australian government to build the country’s new fleet of nuclear powered submarines.
FTSE 100 movers: 3i Group rallies on results; Hikma goes ex-div
London’s FTSE 100 was 2% higher at 7,889. 97 in afternoon trade on Thursday.
XLMedia to sell Europe, Canada assets for up to $42.5m
AIM-listed XLMedia said on Thursday that it has agreed to sell its Europe and Canada assets for up to $42. 5m to performance marketing and sports betting media firm Gambling. com (GAMB).
Direct Line announces new cost-savings plan, declares 4p dividend
Direct Line posted a widening of its full-year losses on Thursday as it announced a new £100m cost-savings plan and declared a 4p a share dividend.
London midday: Stocks maintain gains as BoE stands pat
London stocks maintained gains just after midday on Thursday after the Bank of England held rates at a 16-year high, as expected.
Turkish central bank lifts interest rates to 50%
The Turkish central bank announced on Thursday that it was lifting its policy rate to 50% from 45% in a surprise move.
UK private sector continues to grow in March
UK service sector output continued to grow in March, albeit at a slower pace, according to a survey released on Thursday, suggesting the economy has likely moved out of recession.
RBC Capital downgrades Redrow to ‘sector perform’
RBC Capital Markets downgraded Redrow on Thursday to ‘sector perform’ from ‘outperform’ following a period of outperformance and the fact the share price is now linked to that of Barratt Developments.
Nationwide, Virgin Money agree terms of £2.9bn deal
Virgin Money has formally agreed to be taken over by Nationwide Building Society in a £2. 9bn deal.
RBC Capital upgrades IAG to 'outperform'
RBC Capital Markets upgraded BA and Iberia owner IAG on Thursday to ‘outperform’ from ‘sector perform’ and lifted the price target to 220p from 200p.
London open: Stocks rally after Wall St gains; BoE in focus
London stocks rallied in early trade on Thursday, taking their cue from strong gains on Wall Street after the Federal Reserve stood pat on interest rates and chair Jerome Powell struck a dovish note.
London pre-open: Stocks seen higher after US gains; BoE in focus
London stocks were set to jump at the open on Thursday following strong gains on Wall Street, after the Federal Reserve stood pat on interest rates and chair Jerome Powell struck a dovish note.
Thursday newspaper round-up: Reddit, Daily Mail, zero hour contracts
The disgraced former owner of Norton Motorcycles should have served jail time for his role in the multi-million-pound pension fraud, the chair of the Pensions Ombudsman service has told a parliamentary inquiry into the scandal. The comments by Anthony Arter will be viewed by victims as a thinly veiled criticism of a prosecution run by the Pensions Regulator against former Norton boss, Stuart Garner, who was convicted of three pensions offences in 2022 but avoided prison because the regulator did not allege dishonesty.