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Fitch lifts Tesco's outlook, holds debt rating
Credit agency Fitch has revised Tesco's debt outlook to 'stable' from 'negative' and confirmed the supermarket group's long-term default and senior unsecured rating at 'BB+'.
US open: Stocks nudge lower as investors digest mixed earnings and data
US stocks were a touch weaker on Thursday as investors sifted through mixed economic and corporate releases, amid softer oil prices.
NetDimensions partners with major US medical school
NetDimensions celebrated a significant contract win on Thursday, partnering with the Medical University of South Carolina (MUSC) in the US to help it better manage learning and provide content-related services for more than 18,000 students at the organisation.
Vernalis hires AstraZeneca marketeer to lead Tuzistra operation in US
Vernalis has appointed 24-year AstraZeneca veteran Sandford 'Sandy' Sommer as president and chief operating officer of its US operation, Vernalis Therapeutics.
Draghi defends monetary policy after criticism from Germany
European Central Bank President Mario Draghi on Thursday hit back at criticism from German politicians over the Governing Council’s monetary policy.
Bonds: Gilts underperform despite weak employment data
These were the movements in some of the most widely-followed long-term sovereign bond yields:.
Initial jobless claims drop to lowest level since 1973
The number of Americans filing for unemployment benefits unexpectedly fell last week, according to the Labor Department.
Rio Tinto to buy back $1.5bn of near-term debt
Rio Tinto has begun to use its healthy levels of cash to pay off around $1. 5bn of its near-term debt.
Thursday newspaper share tips: Travis Perkins, Connect Group
Travis Perkins’s business model, based on steady progress, should reap rewards for its investors in the long-term, The Times’s Tempus said.
Philly Fed factory index tumbles in April, back in the red
Manufacturing conditions in the Philadelphia region deteriorated a lot more than expected in April, according to the latest report from the Federal Reserve Bank of Philadelphia.
US economy slowed down further in March, Chicago Fed index shows
Economic activity Stateside slowed down further in March, according to a widely followed gauge.
General Motors first-quarter profit more than doubles
General Motors rallied in pre-market trade as it said first-quarter net income more than doubled compared with the previous year.
JP Morgan stays at underweight on BHP, ups target price
BHP Billiton’s reduced forecasts for iron ore production led JP Morgan to further trim its projections for output in 2017, but the broker continued to believe the miner’s valuation premium was “difficult to justify”.
Profits up as Sky claims to reach 40 million households
FTSE 100 subscription broadcaster Sky reported strong growth in customer numbers on Thursday, claiming it surpassed the 40 million homes mark in the UK and Ireland.
ECB leaves policy unchanged
The European Central Bank left its policy unchanged on Thursday, as expected by economists, a month after introducing a comprehensive package of new measures.
Milestone joint venture signs London music company
Milestone announced a milestone for its joint venture on Thursday, with its Nexstar joint venture partner Black Cactus signing music and media firm Rock Solid to utilise its music publishing platform Backstage HD.
GW Pharma wins US orphan status for tuberous sclerosis complex drug
GW Pharmaceuticals has received 'orphan drug' designation from the US regulator for the company's cannabis-derived treatment for a rare genetic disorder.
Sky left at 'add' rating by Numis after interims
Numis reiterated an ‘add’ rating and target price of 1,250p for Sky after the broadcaster reported its quarterly interims.
IEA warns of large drop in non-OPEC oil production in 2016
Governments needed to strike a delicate balance between continued investment in conventional sources of energy, so as to avoid sharp moves in prices, while also investing in the renewable sources which would be needed to take up the slack if long-term targets for limiting damage to the world’s climate were to be met, the rich-world’s energy watchdog said.