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Asia report: Markets lose post-Brexit momentum
Markets in Asia lost some of their drive on Thursday, after a turnaround Tuesday and a winning Wednesday in the unstable wake of last week’s Brexit vote.
RBC Capital reiterates 'outperform' rating on Centrica
Centrica’s ‘outperform’ rating was left unchanged by RBC Capital Markets on Thursday but the British Gas owner’s target price was cut to 250p from 280p.
Berenberg downgrades Travis Perkins on Brexit uncertainty
Berenberg downgraded builders’ merchant and home improvement retailer Travis Perkins to ‘hold’ from ‘buy’ and slashed the price target to 1,540p from 2,300p pointing to effect of Brexit uncertainty on the housing market.
UK first-quarter GDP growth confirmed at 0.4%
The final release of first-quarter UK gross domestic product from the Office for National Statistics confirmed growth at 0. 4%, in line with expectations.
London property loans suspended by Singapore bank UOB due to Brexit
Singapore’s United Overseas Bank (UOB) has suspended loan applications for London properties due to economic uncertainties surrounding Brexit.
Soros: Brexit has "unleashed" a financial crisis
George Soros said on Thursday that Britain's decision to leave the European Union could have disastrous consequences after it has "unleashed" a crisis in financial markets, similar to to that of 2008.
German unemployment rate steady at record low
German unemployment fell more than expected in June while the unemployment rate held steady at its lowest level since German reunification, according to data released by the Federal Statistics Office.
London open: Stocks reverse gains as Brexit worries resume
The FTSE 100 lost steam on Thursday after a two-day rally as worries over Brexit resumed.
UK consumer confidence slumps after Brexit, says YouGov/CEBR
Consumer confidence in the UK has collapsed in the days since the vote to leave the European Union, according to a survey by YouGov and the Centre for Economics and Business Research.
Southgate not interested in England manager's job
Gareth Southgate has no interest in becoming the next England football manager, according to BBC Sport.
Santander and Deutsche Bank US arms fail Fed stress tests
Deutsche Bank and Banco Santander's US units both came in for censure from the Federal Reserve for the second year running, as the pair were the only banks to fail the regulatory stress tests.
Europe open: Stocks drop as rally runs out of steam
European stocks fell in early trade as the rally from the two previous sessions lost steam.
Tullow Oil expecting significant fall in first-half revenue
Tullow Oil updated the market ahead of the end of its first half on Thursday, with first oil projected from the TEN project expected imminently, but revenue and gross profit taking a dive.
Tritax Big Box reviewing investment opportunities after Brexit vote
Tritax Big Box said it was continuing to review its pipeline of investment opportunities after UK voted to leave the European Union.
German retail sales rise more than expected in May
German retail sales rose more than expected in May, according to the latest figures from Destatis.
Beowulf Mining roars higher as Swedish discusses mining application
Nordic-focused iron ore explorer Beowulf Mining saw its shares soar when its application for a mining concession was added to the Swedish government's agenda for discussion on Wednesday.
Michael Gove's wife expresses doubts about Boris Johnson's leadership in leaked email
Michael Gove has expressed doubts about the candidacy of Boris Johnson to be Conservative leader and prime minister of the United Kingdom, as revealed by a leaked email that was mistakenly sent from his wife to a third party.
AA to sell Irish business for EUR156.6m
The AA has agreed to sell its Irish business and operations comprising AA Ireland and its subsidiaries for €156. 6m in cash.
Wood Group sees no change in full year outlook
Oil engineering services firm Wood Group said the full year outlook remained unchanged with no alteration to the guidance given in May on earnings before interest, tax and amortisation being 20% lower on 2015.
Jenkins to step down as Weir Group COO
Engineering company The Weir Group announced on Thursday that following discussions with chief operating officer Dean Jenkins, it has been agreed that he will step down from the board on 30 September.