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Factory gate inflation surpasses forecasts in June
Factory gate inflation in the US increased last month by more than had been expected, led by a surge in energy prices.
Results round-up
Supergroup, owner of the faux-Japanese fashion brand Superdry, announced full-year results for the 53 weeks to 30 April on Thursday.
FTSE 100 movers: Financials firing; Burberry out of fashion
Financial stocks gained as the Bank of England kept interest rates unchanged.
Friday preview: China GDP, US and eurozone inflation
A flood of economic data will keep investors on their toes on Friday, a day after the Bank of England surprised the market with its decision to keep interest rates unchanged.
Web Financial Group wins Systems in the City Award 2016 for the Best Retail Banking Solution
The leading suppliers of systems for data, market analysis, portfolio management and other categories were announced at the Systems in The City Awards 2016, which took place on the 6th of July at The Banking Hall. Since 2003 Goodacre has organised its traditional awards ceremony in recognition of the technology suppliers within the UK Financial Services Industry.
New UK Chancellor Hammond says Brexit vote had 'chilling effect' on mkts
The UK vote to leave the European Union had a “chilling effect” on financial markets, said new UK Chancellor of the Exchequer Philip Hammond.
Delta beats estimates on earnings but revenue disappoints
Delta Air Lines got off to a solid start on Thursday, beating estimates from analysts about its earnings to post a net income of $1. 47 a share.
EU bids to implement new migration laws to curtail refugee numbers
The European Commission has made a move to unify asylum rules within the EU to avoid the moving around of refugees within the zone.
Oyster contactless technology possibly heading for Sydney
Sydney commuters could soon have something in common with their London counterparts, after Cubic Transportation Systems paid Transport for London £15m for a licence to deploy the capital’s Oyster smart ticketing system with its other global customers, which include the New South Wales capital’s Opal card.
WPP's Grey buys majority stake in China's Easycom
Advertising giant WPP’s wholly-owned operating company, Grey, a marketing communications network, bought a majority stake in Chinese social marketing agency Easycom.
Job industry thrives in the face of Brexit
Job seekers holding their breath can release a sigh of relief with over 9000 jobs released in June despite the shock waves from Brexit.
Bank of England votes 8-1 to keep interest rates on hold
The Bank of England kept interest rates unchanged on Thursday to the surprise of many economists who had expected a 25 basis point cut to address post-Brexit risks.
Europe midday: Investors caught by surprise as BoE stands pat
Investors were caught by surprise on Thursday as the Bank of England decided to leave interest rates unchanged despite concerns about the potential fallout from Brexit.
JP Morgan Chase quarterly results beat forecasts
JP Morgan Chase saw profits slip over the latest three-month reporting period, despite a small increase in revenues.
Google preparing for Taylor Swift's Youtube onslaught
Google is the target in Taylor Swift's sights after the pop music artist forced Apple Music into an embarassing u-turn in which it paid royalties to artists during its 3 month trial period.
McColl's picking up almost 300 Co-op stores
Almost 300 Co-op convenience stores are looking at a change of faceplate as the Co-operative Group announced agreements to sell them to rival operator McColl’s.
Early Ramadan carries Mothercare in first quarter
Parents and young children-focused retailer Mothercare issued a trading update for its first quarter on Thursday, with UK like-for-like sales up 1. 2% as the end-of season sale was brought forward by one week to clear stock, following adverse weather in the quarter.
BlackRock's second-quarter profit drops
Asset manager BlackRock reported a drop in profit for the second quarter amid challenging markets.
Commodities: Oil drops sharply as inventories continue rising
A retreat in crude oil futures weighed on the commodities complex on Wednesday amid a host of bearish factors.
London midday: FTSE falls flat after BoE holds rates
London stocks were brought back down to earth with a bump but the pound spiked as the Bank of England surprisingly left monetary policy unchanged on Thursday.