Latest News
Koovs sales double but losses surge amid India's 'black' money crackdown
Koovs’ enjoyed strong sales growth in the first half of the year but losses widened by almost two thirds as the Indian online fashion retailer was hit by the government's demonetisation programme as it bids to clamp down on ‘black money’.
Week ahead: Christmas trading schedule for global markets
With UK markets open for just two and a half days next week, the calendar is very light on corporate earnings and economic data.
US close: Stocks fall on trading lull ahead of Christmas break
US stocks fell on Thursday as investors weighed mixed economic data ahead of the Christmas break.
FX roundup: Brexit a gift that just keeps giving sterling weakness
Sterling turned in another grim pre-Christmas session on Thursday, with Brexit jitters more than offsetting well-received economic data and again among the factors undermining the British currency in the countdown to year's end.
StratMin receives first settlement payment from Bass Metals
StratMin confirmed on Thursday that it had received the first payment of AUD 0. 96m into its UK bank account from Bass Metals.
Commodities: Crude firms on hopes producers will abide by output cap
Crude-oil futures were higher on Thursday afternoon, propped by positive sentiment that producers of the black liquid would abide to an output cap.
Honda and Alphabet's Waymo discussing deal for driverless cars
Honda and Alphabet are the latest tech and car companies to collaborate in order to compete in the race to develop the world's first fully autonomous car.
Prince Charles warns against 'rise of populism'
Britain's Prince Charles urged caution against the apparent "rise of populism" on a global scale, in a veiled swipe towards US president-elect Donald Trump and those who campaigned for Brexit.
Broker tips: Ocado, Sky
Ocado Group’s shares fell as Goldman Sachs reiterated a ‘buy’ rating but cut its target price to 440p from 450p.
London close: Stocks rise after US GDP beats expectations
The FTSE 100 clawed back from earlier losses to finish higher on Thursday as the pound weakened against the dollar and as investors digested better-than-expected US economic growth data.
Europe close: Markets mixed as investors look for an Italian Christmas
European stocks were mixed on Thursday, with Italy’s in the red as investor confidence in a state bailout for the country’s third largest lender Banca Monte dei Paschi di Siena wavered.
SolGold drilling deeper at Cascabel
SolGold updated the market on exploration at its Cascabel copper-gold porphyry project in Ecuador on Thursday.
Director dealings: Morses Club's banker shows faith in non-standard lender
Morses Club director Peter Ward has snapped up £236,000 worth of shares in the UK's second largest home collected credit lender.
Eurasia Mining makes good progress in Ural Mountains
Eurasia Mining provided an update on its West Kytlim and Monchetundra projects on Thursday, having commenced mining operations at its 75% owned West Kytlim Alluvial Platinum Mine in the Ural Mountains in the autumn.
Inmarsat's in-flight broadband rolls out in Lufthansa's Eurowings fleet
Mobile satellite communications group Inmarsat will provide its GX in-flight broadband to an initial 69 of Lufthansa Group's low-cost Eurowings fleet.
Tejoori completes disposal of Arjan plot
Tejoori announced on Thursday that, further to the its announcement on 25 November over the proposed disposal of one of the two Arjan plots of land as part of its investment portfolio, the requisite final approvals from the Dubai Land Department had now been received.
Small cap news round-up
Cleaning and decontamination service provider React Group warned it expects to make a loss for the year as it closes its bio-recovery and environmental management subsidiary EPUK after seven months of ownership.
US open: Stocks dip despite upbeat GDP data; Dow pulls away from 20,000 mark
US stocks nudged lower on Thursday despite data indicating the country’s economy was in rude health, as the Dow drifted further away from the 20,000 mark it has been flirting with recently.
Christie Group still expects operating profit for 2016
AIM-listed business services and systems provider Christie Group said it continues to expect to report an operating profit for the year to the end of December, although some of the transactions it is providing advisory services for will carry over into next year.