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Europe close: Shares slip on lack of ECB action
European stocks wavered and then fell back as the European Central Bank held off from announcing any further stimulus at its policy meeting, as some observers - but not all - had anticipated.
Mexican CPI edges lower in August, despite peso weakness
Headline inflation was on the rise in Mexico, but stable core prices meant the central bank's neutral stance was justified in the near-term.
Mastercard facing £14bn damages claim from UK consumers
US card company Mastercard will defend a legal claim against it to the tune of £14bn from UK consumers in pursuit of damages for anti-competitive swipe fees.
Prophotonix continues to progress
ProPhotonix, a high technology designer and manufacturer of LED illumination systems and laser diode modules, has reported another successful half year ending 30 June 2016.
Small caps news round-up
Water treatment and filter producer Amiad Water Systems’ half year profit more than halved due to a fall in sales as it was affected by the prolonged downturn in oil prices. Pre-tax profit plummeted 51. 4% to $1. 7m for the six months ended 30 June, compared to the same period last year, and operating profit also fell by 51. 2% to £1. 9m.
Amiad Water Systems' first half profit plummets on low sales
Water treatment and filter producer Amiad Water Systems’ half year profit more than halved due to a fall in sales as it was affected by the prolonged downturn in oil prices.
Raspberry Pi hits record 10m sales
The British-designed computer the size of a credit card, Raspberry Pi, has sold 10m units, according to a report by the BBC.
London close: Stocks end higher on M&A news while ECB disappoints
London stocks erased some of their early gains on Thursday after the European Central Bank shot down hopes of further quantitative easing.
Director dealings: Jimmy Choo CEO takes some profits
Jimmy Choo chief executive Pierre Denis sold £400,000 worth of shares in the shoe maker a few days after interim results sent the shares strutting to their highest level since late April.
Hydrodec becomes first re-refining oil producer to receive carbon credits
Hydrodec, a specialist re-refiner of industrial oils, has received approval from the American Carbon Registry (ACR) to receive carbon credits for its oil.
Chancellor Hammond confirms Autumn Statement date
Philip Hammond announced on Thursday that he will present his first Autumn Statement to Parliament on 23 November, which is expected to include a loosening of austerity.
Former Belgian PM Verhofstadt appointed lead EU Brexit negotiator
Belgian MEP Guy Verhofstadt has been given the task of overseeing the European Parliament's negotiations with Britain with regard to its departure from the bloc.
US open: Stocks fall as ECB disappoints
US stocks fell on Thursday as the European Central Bank disappointed the market by saying it hadn’t discussed further quantitative easing at this month’s policy meeting.
Crude oil futures jump after weekly US inventory data
Commercial crude oil inventories Stateside registered a sharp drop in the latest week, alongside a large fall in imports.
Thomas Cook launches China joint venture with Fosun
Thomas Cook has launched a joint venture with Chinese investor Fosun called Thomas Cook China, which will target "affluent, adventurous, quality-oriented” customers as the pair look to grab a high-margin share of China's fast-expanding holiday market.
Results round-up
FTSE 250 animal genetics company Genus posted an increase in pre-tax profit for the year to the end of June despite a small drop in revenue.
Hummingbird Resources extends Taurus bridge facility again
Hummingbird Resources announced a three month extension of its $15m bridge facility with Taurus Mining Finance Fund LP, to 8 December 2016.
Hunters Property earnings surge in first half
National sales and lettings estate agency and franchise businesses Hunters Property announces its interim results for the six months to 30 June on Thursday, with network Income up 42% to £16. 9m.
Mattioli Woods' full year revenue rises due to five acquisitions
Wealth management and employee benefit provider Mattioli Woods’ full year revenue rose due to several acquisitions, although it experienced a slowdown in investment activity since the Brexit vote.
ECB downgrades economic growth and inflation forecasts
The European Central Bank downgraded its economic growth and inflation forecasts for 2017 slightly on Thursday as it announced it was keeping its policy unchanged.