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US close: Markets finish mixed on busiest day of earnings season
US stocks ended Thursday mixed after a choppy session of trading, as traders continued to digest the Federal Reserve's policy statement alongside a heavy buffet of earnings releases and some mixed jobs data.
FX round-up: Sterling suffers as market watches for a BoJ policy 'bazooka'
Sterling endured a torrid time on most of its major crosses on Thursday as post-Brexit vote uncertainty appeared to cripple its prospects once again, and traders looked warily ahead to Bank of Japan (BoJ) policy decision due Friday.
Sector movers: Oil-related sectors retreat as Aerospace & Defence flies
FTSE indices were mixed heading towards the closing bell on Thursday, with the blue-chip index helped south by oil stocks undermined by crude's weakness and Royal Dutch Shell's second-quarter shocker.
Stratex's Goldstone Resources raises £1m for Ghana gold mine
Gold exploration company Stratex’s partner Goldstone Resources raised £1m to advance a mining project in Ghana.
Bank solvency in jeopardy if recession hits post Brexit
Britain’s banking system will face a capital shortfall of £68bn if the UK hits a recession after it leaves the EU, according to Moody's.
Inchcape reports faster growth abroad than at home due to Brexit
Inchcape, one of Britain’s biggest global car dealerships, has reported a higher growth rate in its international businesses than in the UK due to uncertainty leading up to Brexit in the first half of the year.
Sadiq Khan promises to limit Brexit effect on scientific research
The mayor of London Sadiq Khan has pledged to keep London "open to talent" from scientific backgrounds, despite the economic uncertainty surrounding britain's decision to leave the European Union last month.
London close: FTSE 100 ends lower after raft of earnings
The FTSE 100 ended Thursday’s session in the red following a tidal wide of corporate earnings which included Royal Dutch Shell and Lloyds Baking Group.
MayAir secures $7.1m air filter contract with China's BOE Technology
Air purifier manufacturer MayAir’s industrial division secured a $7. 1m contract to supply China’s BOE Technology with fan filtration units and cleaning equipment.
Just Eat's first half revenues jump as orders rise
Just Eat, the online food delivery service, reported a successful first half on Thursday with orders increasing 55% and acquisition of more businesses in Europe and the Americas.
Law Debenture underperforms half year FTSE benchmark due to Brexit
Investment trust Law Debenture’s net asset value total return for the half year missed its benchmark due to Brexit, but the company maintained its interim dividend.
Boeing to consider end to 747 production
The Boeing 747 could be running out of fuel as the airplane maker scales back production of the aircraft, and is considering putting a complete halt to its production due to falling sales.
Small cap round-up
Resource-development company Savannah Resources said exploration has started at its two new lithium projects in Finland, Somero and Eräjärvi.
Herencia Resources sells 70% of Paguanta project to GMR for $2.3m
Exploration and development company Herencia Resources sold 70% equity in its Paguanta project to Golden Rim Resources (GMR) for $2. 3m, so it can focus on its Picachos mining project.
Director dealings: GB's outgoing CEO sells £2.2m of shares
GB Group chief executive Richard Law sold £2. 2m worth of shares, the security and identity data group revealed in a statement overnight, as he prepares to step down from the board.
Europe close: Eurozone data fails to inspire markets
European stocks closed in the red on Thursday after a positive survey on eurozone economic confidence failed to coax any equity benchmarks onto the front foot, after mixed signals from the Federal Reserve overnight and ahead of Japan's stimulus decision on Friday.
Jeremy Corbyn free to contest Labour leadership after High Court decision
Jeremy Corbyn will not have to win the support of 51 MPs to contest the Labour leadership, as a High Court case was dismissed on Thursday that freed him to take on the challenge of Owen Smith.
Friday preview: Bank of Japan in the spotlight with further stimulus expected
The Bank of Japan is expected to announce further stimulus measures on Friday, diverging from other central banks which have decided against policy action this month.
Secure Property Development confirms extension to Romania RCPSs
South Eastern European focused property and investment company Secure Property Development & Investment announced on Thursday that it has exercised its right to request a three-month extension to the redemption date of the Redeemable Convertible Preference Shares, which were issued in July 2015 to the vendor of BLUEBIGBOX, a DIY retail property located in a prime location in Craiova, Romania.
Oracle agrees to buy NetSuite for $9.3 billion
Oracle Corp. has put a deal in place to buy cloud software provider NetSuite Inc. for $9. 3 billion, boosting the company's cloud offerings to compete with rivals.