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Spotify chief insists the company is not for sale
The founder and chief executive of music streaming service Spotify said on Thursday that he will not sell the company.
Friday preview: Fuller Smith & Turner reports full year results
Pub operator Fuller Smith & Turner is expected to report on Friday an 8. 5% increase in full year pre-tax profits on the back of a rise in like-for-like sales.
Velox3 acquires Sheltyco, proposes name change
Investing company Velox3 announced on Thursday its conditional acquisition of the entire issued share capital of Sheltyco Enterprises Group for £10. 9m, to be satisfied by the issue of 43,753,775 new consolidated ordinary shares.
Ireland and Luxembourg to be worst hit outside UK if Brexit passes
While the possible risks of a Brexit on the UK economy are well documented, what would happen to other European nations if the referendum on June 23rd decides to ditch the European Union?.
Fastjet appoints Nico Bezuidenhout as new CEO
Fastjet has confirmed they have appointed Nico Bezuidenhout as its new chief executive on Thursday.
US unemployment claims dip in latest week
The number of people filing for unemployment in the States dipped last week.
W Resources confirms São Martinho maiden total gold resource
W Resource's shares are up more than 3% after it confirmed the maiden total resource at the São Martinho Gold Deposit was 3Mt at 1. 04g/t of the yellow metal, or 111,987 ounces.
Ascent Resources' shares surge as it raises £500,000
Ascent Resources' shares are up more than 15% after it raised £500,000, net to the company, in a placing of 83,33m new shares at 0. 6p each to meet its working-capital requirements into 2017.
Brexit jitters see UK 10-year gilt yields plumb record lows
Brexit jitters and investors buying assets for their safe-haven appeal has seen UK 10-year gilt yields plumb record lows.
NZ dollar roars ahead against sterling after RBNZ surprise
The New Zealand dollar lived up to its reputation as a mouse that can roar as it stormed ahead on sterling after Reserve Bank of New Zealand (RBNZ) surprisingly held its key interest rate at 2. 25% overnight.
Oakley celebrates Time Out Group IPO
Investment company Oakley Capital was celebrating success with one of its investee companies on Thursday, announcing the successful completion of the initial public offering of publisher Time Out Group, raising gross proceeds of £90m.
German trade surplus beats forecasts in April
Germany’s trade surplus decreased slightly in April when compared to the prior month, with both its sales abroad and imports falling, but nonetheless beat economists' forecasts.
Home Retail Group's Argos reports best performance in 8 quarters
Total first quarter sales at Home Retail Group's Argos chain grew by 2. 6% to £868m, the company said, adding that net new space contributed 2. 5%, mainly as a result of store openings in the previous financial year.
China New Energy shares dive after £750,000 subscription
Shares in China New Energy dived almost a quarter as the AIM-quoted outfit raised £750,000, primarily to accelerate its field work in Africa and meet early project milestones.
Broker tips: Antofagasta, RPC, Flybe
Antofagasta shares dropped on Thursday as Canaccord Genuity downgraded the stock to ‘hold’ from ‘buy’ and lowered its target price to 475p from 550p.
ScS Group sees FY profit ahead of market views
Upholstered furniture and floorings company ScS Group has completed a hat-trick of upbeat trading statement this year, its latest stitching in the prospect of full-year profits ahead of market views.
Flybe rated as 'buy' with 132p target price by Numis
Flybe shares fell almost 5% as Numis rated the stock as a 'buy' with a 132p target price.
Auto Trader motors to profit in first listed year
Online car sales firm Auto Trader Group motored to a £155m pre-tax profit in its first full year as a listed company, up from £10. 9m last year.
Results round-up
Total first quarter sales at Home Retails Group's Argos chain grew by 2. 6% to £868m, the company said, adding that net new space contributed 2. 5%, mainly as a result of store openings in the previous financial year.
Spanish Elections: Leading conservative party to win and anti-austerity coalition to surpass socialists
According to the latest survey, the Spanish elections will lead to Mariano Rajoy's ruling conservative party gaining the most votes, and the anti-austerity coalition Unidos Podemos would take over from the mainstream socialists.