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US close: Stocks end higher as traders continue to mull Fed
US stocks ended Thursday’s session higher as the Federal Reserve’s decision to stand pat on interest rates continued to provide a boost to investor sentiment.
Europe close: Shares move higher after Fed decision
European stocks rose on Thursday after the Federal Reserve stood pat on rates but indicated a hike would come later this year.
Clinton maintains big lead over Trump with Hispanic voters
Hillary Clinton appears to be holding on to a huge lead over presidential rival Donald Trump with Hispanic voters in the US, according to a Wall Street Journal/NBC News/Telemundo poll.
Armadale looks to share risk exposure of Mpokoto project
Armadale, a South African based mining company, saw activity decelerate at its Mpokoto Gold Project, as it sought alternative financing, and raised doubts as to whether a planned drilling campaign at its Mahenge Liandu project had begun.
London close: Mining stocks lead equities higher after FOMC rate decision
London stocks closed higher on Thursday, with mining shares leading the gains, as the dollar weakened on the Federal Reserve’s decision to keep interest rates unchanged.
EU failed to comply with Airbus subsidy rules - WTO
The World Trade Organisation ruled on Thursday that the European Union did not do enough to stop governments providing subsidies to plane manufacturer Airbus.
Sector movers: Miners pace gains, but HSBC drags on banks
Miners jumped to the top of the leaderboard after rate-setters at the US central bank lowered their interest rate projections for 2017 and 2018 overnight and opted to stay put on policy rates.
Small caps news round-up
Sports nutrition company Science in Sport announced its unaudited results for the six months to 30 June on Thursday, with revenues increasing 24% to £6. 48m, which the board said demonstrated continued growth, with e-commerce and third-party online retailers being “particularly strong”. The AIM-traded firm reported a “robust” supply chain performance, with gross margin of £3. 82m, improving by 0. 7% to 58. 9% against the same period last year.
Watkin Jones gains planning permission for new development
Watkin Jones, a UK based developer and constructor of multi occupancy property assets, has received planning consent to progress with the development of land in Cheshire.
Seeing Machines unveils new driver monitoring chip
Designer and developer of vision-based driver monitoring systems, Seeing Machines, announced the introduction of its first generation FOVIO embedded hardware chip on Thursday.
Hansard Global sales grow, but earnings slip
Specialist long-term savings provider Hansard Global issued its results for the year to 30 June on Thursday, with new business sales of £119. 3m up from £60. 6m.
Brazil consumer prices rise less than expected in September
Consumer prices in South America's largest economy rose by less than expected as transport and food price inflation fell back slightly.
Management Consulting Group to sell Kurt Salmon
Management Consulting Group announced on Thursday that it has entered into an agreement with Accenture for the sale of Kurt Salmon, comprising the Kurt Salmon retail and consumer goods consulting businesses in the United States, Canada, the United Kingdom, Germany, China, Hong Kong and Japan, for a total gross cash consideration of $165m payable on completion.
Avacta reveals positive results from Affirmer studies
Affimer biotherapeutics and research reagents developer Avacta Group announced positive results from the first preclinical in-vivo studies of its therapeutic Affimer molecules on Thursday.
Xtract Resources to exit Chepica mine
Xtract Resources announced on Thursday that, after undertaking a review of the Chepica Gold and Copper Mine in southern Chile, it has determined that the underlying fundamentals and the risk associated with the project were no longer supportive of continuing investment.
Director dealings: Spire NXD Gildersleeve trousers shares
Spire Healthcare director John Gildersleeve and his wife has bought close to £0. 5m of shares in the private healthcare provider, as they trade close to a yearly highs amid bid rumours.
Commerzbank planning up to 2,000 job cuts - reports
Germany's second largest bank Commerzbank has begun preparing a cull of up to 2,000 jobs as it revamps its efforts to combat low interest rates and low demand for loans, according to reports.
Tesco execs plead not guilty to fraud charges
Three former Tesco executives plead not guilty to fraud charges as part of the Serious Fraud Office’s investigation into a scandal which resulted in a £263m black hole in the supermarket giant’s finances.
Eurozone consumer confidence improves in September
Eurozone consumer confidence improved in September, according to the European Commission on Thursday.
FTSE 250 movers: Miners gain but Countrywide slumps on Zoopla stake sale
London’s FTSE 250 index was up 0. 3% to 17,995. 31 in afternoon trade as investors mulled the Federal Reserve’s decision to leaves rates on hold and signs a hike was coming by the end of the year.