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BHS to be wound down with loss of up to 11,000 jobs
UK High Street chain BHS is to be wound down with the loss of at least 8,000 jobs after administrators failed to find a buyer to rescue the department store.
FTSE 250 movers: Moneysupermarket under the cosh; Dairy Crest in demand after note
The ECB and OPEC meetings failed to inspire investors as the FTSE 250 midcap index traded flat in late afternoon trade.
Tea prices collapse but pistachio and avocado offer promise for Camellia
The second biggest private tea producer in the world, Camellia, said tea prices have collapsed in the last two months, though macadamia nut and avocado prices are holding up and hopes are high for pistachios.
BoE's Carney launches new £5 note as polls forecast sterling's post-Brexit future
Bank of England boss Mark Carney has today launched Britain's crisp new 'fiver' note against the backdrop of the country's looming Brexit vote, which may prove not to be sterling's finest hour if recent polls are anything to go by.
Metal Tiger and MOD Resources advance in Kalahari
Natural resources investor Metal Tiger and Australian firm MOD Resources updated the market on their diamond drilling programme in Botswana on Thursday, advancing the project towards what it hoped would be commercialisation.
ECB revises inflation and economic growth forecasts higher
The European Central Bank revised its forecasts for inflation and economic growth in 2016 higher on Thursday.
Cash reduced, losses widen at Summit Therapeutics
Drug discovery and development company Summit Therapeutics posted its first quarter results on Thursday, with cash reduced and losses widening.
Cobham secures contract with Airbus
FTSE 250 aerospace and defence group Cobham has been awarded a contract by Airbus worth several hundred million US dollars over the period.
OPEC: Oil prices slide as ministers fail to agree on output
Brent crude slid back below $50 as members of the Oil Producing and Exporting Countries (OPEC) failed to agree on output levels at their meeting, although the need to draw inventories down from levels above the five-year average was acknowledged.
S&P removes Tullow Oil from CreditWatch, but keeps negative outlook
Standard&Poor´s took Tullow Oil´s debt off its list of corporate debt instruments which were facing an immediate risk of a debt downgrade, but cautioned that the oil explorer was still facing operational risks at its two key projects, in Ghana.
Stags outspending hens on pre-wedding bashes
Gone are the days when a stag party involved 10 guys going into the local town and having a traditional booze-up. The trend now involves a much larger group heading off on a plane for a weekend, or maybe more, and taking advantage of a city's sights and sounds.
UK leaving EU would see sterling slide 9% versus US dollar - poll
Sterling is seen sinking 9% against the US dollar in the immediate wake of a UK vote in June to leave the European Union, but would rise 4% if it stayed in the single-currency bloc, a poll has shown.
Brazilian industrial production edges higher in April
Industrial production in Brazil edged slightly higher in April, led by a second consecutive large jump in the output of capital goods, a key leading indicator for the rest of the economy.
Kefi Minerals further cuts Tulu Kapi funding requirements
Shares in Kefi Minerals are down about 5% as it further cut the funding requirements and finance costs for developing the Tulu Kapi Gold Project in Ethiopia.
Thursday newspaper share tips: Vertu Motors, Old Mutual
Car dealer Vertu Motors has had a "Buy" opinion placed on it by the Telegraph's Questor column, which cites likely improvements to next year's results and broker upgrades after news of a recent deal.
FTSE 100 movers: National Grid loses spark; Johnson Matthey guidance pleases
Unchanged ECB interest rates and an OPEC meeting that failed to reach agreement on output levels pushed the FTSE 100 into the red on Thursday afternoon.
US Federal Reserve governor Tarullo sets slightly higher bar for interest rate hikes
One of the key rate-setters at the US central bank on Thursday appeared to set a slightly higher bar to hiking intrerest rates than some of his counterparts had done through various speaking engagements over recent weeks.
Initial jobless claims unexpectedly drop
The number of Americans filing for unemployment benefits unexpectedly fell last week, according to the Labor Department.
US private sector adds 173k jobs in May
The US private sector added 173,000 jobs in May, according to data released by private consultancy ADP.
Cars built before 1997 to be banned in Paris
From the 1st of July, metropolitan French capital Paris will introduce new measures to combat air pollution, including the banning of cars built before 1997.