Full List Of Stories
Tullow Oil in preliminary talks over potential takeover by Kosmos
Tullow Oil confirmed on Thursday that it is in preliminary talks with Kosmos Energy about a possible all-share offer for the oil and gas exploration company.
FTSE 100 movers: Utilities boosted by broker notes
London’s FTSE 100 was up 0. 1% at 8,308. 72 in afternoon trade on Thursday.
Make UK appoints Lord Harrington as new chair
Make UK said on Thursday that it has appointed Lord Richard Harrington as its new chair, succeeding Lord Hutton, who has chaired the manufacturers’ organisation since 2022.
ECB cuts rates by 25 basis points, as expected
The European Central Bank cut interest rates on Thursday by 25 basis points, as expected, to 3%.
Rio Tinto to invest $2.5bn to expand Argentina’s Rincon project
Rio Tinto said on Thursday that it will invest $2. 5bn to expand the Rincon project in Argentina, its first commercial scale lithium operation.
London midday: Stocks stay up ahead of ECB; Diageo boosted by upgrade
London stocks were still a little firmer by midday on Thursday as investors eyed the latest policy announcement from the European Central Bank, with Diageo pacing the gains after a rating upgrade.
Diageo fizzes higher after double upgrade to ‘buy’ at UBS
Diageo fizzed higher on Thursday as UBS upgraded the shares to ‘buy’ from ‘sell and hiked the price target to 2,920p from 2,300p, saying it sees upside risks to the US business.
De La Rue H1 operating profit falls
Banknote printer De La Rue reported a decline in first-half operating profit on Thursday as revenue fell, with revenue from the currency segment down as a number of deliveries moved into the second half of the year.
Currys swings to H1 half profit, says price rises 'inevitable' after Budget
Electricals retailer Currys said on Thursday that it swung back into the black in the first half, with a solid performance in the UK and Ireland helping to offset weakness in the Nordics.
London open: FTSE nudges up ahead of ECB announcement
London stocks nudged up in early trade on Thursday as investors eyed the latest policy announcement from the European Central Bank.
London pre-open: Stocks to nudge up ahead of ECB announcement
London stocks were set to nudge up at the open on Thursday as investors eyed the latest policy announcement from the European Central Bank.
Thursday newspaper round-up: Post Office, Vestas, McLaren
The police criminal inquiry into the Post Office has identified dozens of persons of interest so far, as a team bolstered to 100 officers investigates the actions of executives, legal teams and civil servants connected to the Horizon IT scandal. The investigation, which the police describe as unprecedented in size and scale, is in the first instance examining potential offences of perjury and perverting the course of justice by those involved in making “key decisions” on Post Office investigations and supporting prosecutions of branch owner-operators.