Full List Of Stories
KKR to buy Instructure Holdings in $4.8bn deal
Instructure Holdings said on Thursday that it has agreed to be bought by investment funds managed by KKR in a $4. 8bn cash deal.
FTSE 250 movers: Indivior surges on buyback; Centamin loses its shine
London’s FTSE 250 was down 0. 5% at 20,846. 66 in afternoon trade on Thursday.
FTSE 100 movers: Unilever rallies on results; Centrica slumps
London’s FTSE 100 was flat at 8,152. 18 in afternoon trade on Thursday.
FCA fines Coinbase £3.5m for money laundering failures
The Financial Conduct Authority said on Thursday that it has fined Coinbase just over £3. 5m for allowing high-risk customers to use its services.
Nestle cuts full-year sales outlook
Food giant Nestle slumped on Thursday after it cut its sales outlook for the year as pricing has come down "faster than expected".
Cineworld to cut hundreds of jobs in restructuring - report
Cineworld will reportedly unveil a sweeping overhaul this week that will cost hundreds of jobs and reduce its British footprint by at least a quarter.
Apollo nearing £2.7bn acquisition of Evri - report
Private equity firm Apollo Global Management is reportedly on the brink of a deal to buy UK parcel delivery firm Evri in a £2. 7bn deal.
London midday: Stocks slump after US selloff, amid corporate avalanche
London stocks were still weaker by midday on Thursday as investors waded through a barrage of corporate news, having taken their opening cue from a downbeat session on Wall Street, where tech names came under pressure.
Kering first-half revenues drop, H2 operating income to fall 30%
Gucci owner Kering tumbled on Thursday after it posted a drop in first-half revenues and warned that operating income would drop in the second half.
Revolut gets UK banking licence
London-based fintech Revolut said on Thursday that it has received a UK banking licence from the Prudential Regulation Authority (PRA).
Virgin Wines FY EBITDA, pre-tax profit ahead of market views
AIM-listed Virgin Wines said on Thursday that full-year EBITDA and pre-tax profit were ahead of market expectations despite a challenging backdrop.
CMC Markets backs FY guidance after in line Q1
CMC Markets backed its full-year guidance on Thursday as it said trading in the first quarter was in line with management’s expectations.
Centrica profits drop in 'normalising' market conditions
British Gas owner Centrica said on Thursday that it was extending its share buyback programme as it posted a drop in first-half profits in what it called a more "normalised" external environment.
German business sentiment deteriorates in July - Ifo
German business sentiment unexpectedly deteriorated in July, according to a survey released on Thursday by the Ifo Institute.
IG Group FY profits fall amid reduced trading activity
IG Group reported a drop in full-year profits and revenue on Thursday, pointing to reduced trading activity.
London open: Stocks fall after US selloff, amid earnings deluge
London stocks fell in early trade on Thursday, taking their cue from a downbeat session on Wall Street, where tech names came under pressure.
ITV first-half profit rises even as revenues dip
Broadcaster ITV posted a jump in first-half profits on Thursday even as revenue dipped, boosted by the Euros and Love Island.
Lloyds Banking first-half profits decline
Lloyds Banking Group reported a drop in first-half profit on Thursday as costs rose.
London pre-open: Stocks to fall after Wall St losses
London stocks were set to fall at the open on Thursday following losses on Wall Street, where tech names came under pressure.
Thursday newspaper round-up: Thames Water, mortgage costs, UK car production
Thames Water has breached its licence to supply water to nearly 16 million people after some of its debt was downgraded to junk status. The regulator Ofwat could now fine Thames, the country’s largest water monopoly, up to 10% of its annual turnover, equating to hundreds of millions of pounds. However, since the company is already teetering close to temporary renationalisation, Ofwat is likely to hold off on any immediate large fines. – Guardian.