Latest News
Government calls for more retraining opportunities for older workers
A government report has called for retraining opportunities for people aged 45 and over and for people approaching retirement age.
Mass protests erupt in Romania after corruption law change
Protests against the official decriminalisation of corruption in Romania have led to violent clashes overnight in the capital of Bucharest.
Credit Suisse warns cyclicals may have gone too far, overweights financials
Strategists at Credit Suisse stuck to their 'overweight' stance on Financials but cautioned clients that the current equity rally was over-extended, hence their decision to lift their allocation to 'defensive' shares to benchmark at the expense of cyclicals.
WPP's GTB acquires Zubi Advertising Services
WPP’s wholly-owned full-service agency GTB has acquired Zubi Advertising Services, which focuses on the Hispanic market in the US, for an undisclosed sum.
Fossil fuel demand growth could peak by 2020, new research suggests
New research has shown that fossil fuel growth may come to a grinding halt as soon as 2020, as price of electric cars and solar power continue to fall.
Ingredient price rises a concern for Real Good Food
Real Good Food updated the market on its trading on Thursday, having previously indicated that it makes the majority of is profits in the second half of the year, which includes the important third quarter trading period for cake decoration and premium bakery in the run up to Christmas.
Europe midday: Investors mull Fed announcement and earnings
European stocks were flat as investors took in the Federal Reserve's policy announcement on Wednesday and a range of corporate earnings.
London midday: Stocks rise as BoE keeps rates unchanged, raises GDP forecasts
London stocks rose after the Bank of England voted unanimously to keep interest rates unchanged and raised its economic growth forecasts.
Reckitt Benckiser in talks to buy US baby milk group for $16.7bn
Durex and Nurofen maker Reckitt Benckiser confirmed that it is “advanced negotiations” to buy US baby milk company Mead Johnson for around $16. 7bn, a move which could bolster its health products business.
US pre-open: Stocks seen weaker as investors digest Fed, earnings
US futures pointed to a slightly lower open on Thursday as investors continued to mull over the Federal Reserve’s policy statement and sifted through more earnings releases.
Glencore production in line with guidance, with suspensions in copper, zinc, coal
Anglo-Swiss miner Glencore said that that its production was in line with guidance for 2016 with an increase in nickel mined and production suspended for copper, zinc, coal and oil.
Sports Direct bags stake in French Connection
Mike Ashley's Sports Direct International has snapped up an 11% stake in French Connection Group.
Martin & Co does not envisage effect from no longer charging letting fees
Estate agent Martin & Co’s revenue increased last year as it expanded its footprint across Britain, and maintained that its business would not be affected by the government’s plan to scrap lettings fees.
UBS upgrades Santander as activity in Brazil picks up
UBS upgraded Santander to ‘buy’ from ‘neutral’ and raised it share price target to €5. 85 from €4. 15.
Thursday broker round-up
Hostelworld Group: Berenberg upgrades to Hold from Sell with a target price of 210p.
'Open banking' regulation to make account switching moderately easier
People will find it slightly easier to move their bank accounts and avoid overdraft charges under new rules to be imposed by the UK financial watchdog in the coming months, though the measures have been criticised for not doing enough to level the field for smaller banks.
Worldpay poaches Santander's Peter Jackson to be new UK CEO
Worldpay has poached Santander’s former head of global innovation Peter Jackson to head its UK business, starting on 1 March.
European Commission launches multiple price discrimination probes
The European Commission launched three separate investigations on Thursday, to assess if certain online sales practices breached EU antitrust rules, and prevented consumers from enjoying cross-border choice.
Numis cuts rating on Randgold Resources to 'add' from 'buy'
Numis on Thursday downgraded its rating on Randgold Resources to ‘add’ from ‘buy’ and reiterated a target price of 8,000p, citing the mining company’s recent share price appreciation.
Asia report: Investors scared away as Trump touches everything
Markets in Asia finished lower on Thursday with traders clamouring for safe havens, as once again US President Donald Trump sent shivers through the spines of global markets.