Full List Of Stories
FTSE 100 movers: Admiral surges on results; Rio Tinto goes ex-div
London’s FTSE 100 was up 0. 7% at 8,342. 91 in afternoon trade on Thursday.
UBS to liquidate Credit Suisse real estate fund
UBS said on Thursday that it will liquidate a real estate fund inherited when it took over Credit Suisse which is valued at more than $2bn.
Carrier Global to sell commercial and fire business for $3bn
Carrier Global said on Thursday that it has agreed to sell its commercial and residential fire business to an affiliate of private equity firm Lone Star Funds for $3bn.
London midday: FTSE little changed after GDP; Admiral surges
London stocks were little changed by midday on Thursday as data showed the UK economy grew as expected in the second quarter, but Admiral surged after well-received results.
RBC Capital upgrades DCC after recent weakness
RBC Capital Markets upgraded DCC on Thursday to ‘outperform’ from ‘sector perform’ and lifted the price target to 5,800p from 5,700p following recent weakness.
Rank Group swings back into the black
Rank Group said on Thursday that it swung back into the black in the year to the end of June as the Mecca Bingo and Grosvenor owner hailed a year of strong financial progress.
Profits slide at William Hill owner Evoke
William Hill and 888 owner Evoke reported a slump in first-half profits on Thursday as it highlighted a "disappointing" performance but sounded an upbeat note on the outlook.
London open: FTSE nudges up as investors mull UK GDP
London stocks nudged higher in early trade on Thursday as data showed the UK economy grew as expected in the second quarter.
UK economy grows 0.6% in second quarter
The UK economy grew 0. 6% in the second quarter, down slightly on 0. 7% growth in the first quarter but in line with expectations, according to data released on Thursday by the Office for National Statistics.
London pre-open: Stocks seen up as investors mull GDP data
London stocks were set to rise at the open on Thursday following a positive close on Wall Street, as investors mulled the latest UK GDP figures.
Thursday newspaper round-up: Wiz, Port Talbot, John Lewis
Cybersecurity firm Wiz, which last month rejected a $23bn (£18bn) takeover bid from Google’s parent company, Alphabet, is to open a European headquarters in London – a move that is a major shot in the arm for the UK’s aspiration to be a global tech hub. The new office, the company’s first in Europe, will be run by co-founder and research and development head, Roy Reznik, who is relocating from Israel to the UK capital to underscore the company’s business ambitions in the region.