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OptiBiotix enters three year deal with HLH BioPharma
Life sciences compound developer OptiBiotix Health announced on Thursday that it had entered into a three-year supply agreement with HLH BioPharma Vertriebs, covering the supply of its ‘LPLDL’ capsules.
Clear Leisure confident despite winding-up request on subsidiary
Clear Leisure updated the market on Thursday, confirming it had been informed that the court prosecutor of Ivrea in the Metropolitan City of Turin, Italy, had filed a winding-up request on Mediapolis.
US industrial output slips in May, but economists sanguine
Industrial production in the States undershot market forecasts in May, on the back of weakness in factory and utilities output.
InterQuest to adopt more prudent dividend policy
AIM-listed recruitment business InterQuest Group said on Thursday that it will adopt a more prudent policy on dividend payments following weaker trading in recent months.
Reliance Industries, BP progress on developing gas fields offshore India
BP and Reliance Industries announced they were taking the next step to develop the massive natural gas fields offshore eastern India.
Hammond pulls out of Mansion House speech, citing Grenfell Tower tragedy
Chancellor Philip Hammond has pulled out of giving his annual Mansion House speech in the City of London on Thursday evening, after the Grenfell Tower fire.
US import prices fall more quickly than expected in May
Import prices Stateside fell more than expected last month amid a large drag from declining fuel import costs.
Safestore slips highs as numbers shy of high expectations
Safestore's interim results were solid but like-for-like sales growth in the UK was just short of management’s guidance, though they continued to see "good levels of interest" in self-storage.
US initial jobless claims drop more than expected
The number of Americans filing for unemployment benefits fell more than expected last week, according to data from the Labor Department.
Empire State manufacturing improves more than expected in June
Business conditions in the New York region improved a lot more than expected in June, according to a survey from the New York Fed.
Hammond to push for soft Brexit and infrastructure boost, as DUP talks stumble
Chancellor Philip Hammond will make a case for avoiding a 'hard' Brexit and boosting investment in UK infrastructure projects, as he delivers his annual Mansion House speech to the City of London later on Thursday.
Philly Fed manufacturing deteriorates less than expected
Manufacturing conditions in the Philadelphia region deteriorated a little less than expected in June, according to a survey released on Thursday.
London midday: Stocks extend losses as pound pops higher on BoE split
London stocks dropped sharply just after midday on Thursday as the pound popped up after the Bank of England stood pat on interest rates, but with three rate-setters voting for an immediate 25-basis points increase.
Europe midday: Stocks hold lower as crude futures near key levels
European stocks were holding lower ahead of a raft of US economic data, with a further dip in crude oil futures weighing on sentiment even as traders digested the latest policy surprises from central banks.
Grenfell Tower death toll rises to 17, MP alleges 'corporate manslaughter'
Emergency services worked through the night around the Grenfell Tower in west London as the Metropolitan police said it did not expect to find any further survivors from a massive blaze, which has left 17 people confirmed dead so far.
Queen's speech delayed by two days, Commons leader confirms
The Queen's speech that will confirm the state opening of parliament has been pushed back to Wednesday 21 June, the leader of the House of Commons has announced.
MPC votes 5 to 3 to keep Bank Rate at 0.25%
The continued drop in the rate of unemployment prompted two more rate-setters on the Monetary Policy Committee to vote for an immediate 25 basis point increase in Bank Rate.
UK retail sales much worse than expected as households feel the pinch
UK retail sales shrank much more than expected in May, according to official data published on Thursday that shows how households are feeling the pinch from rising inflation and falling wages.
Asia report: Fed rate hike, Toshiba circus sends markets mostly lower
Markets in Asia were mostly lower on Thursday, as the region’s traders were the first globally to react to the Federal Reserve’s decision to hike interest rates for the second time so far this year.