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Consumers sceptical of wider economy, survey finds
Almost two-thirds of British consumers are optimistic about their personal finance, despite fears about the country’s economic prospects, a new survey has found.
US close: Stocks mixed amid earnings avalanche, disappointing durable goods
US stocks finished mixed on Thursday, having surged in morning trading after a number of well-received tech results.
Commodities: Gold lower on the day after initial Fed-fuelled rally
Gold rallied overnight after the release of the Fed’s policy statement, initially continuing into the London session on Thursday, with oil prices also retaining their relative strength.
FX round-up: No change at the Fed adds to dollar weakness
The release of the FOMC statement overnight saw a rise in cable on Thursday, although the Fed brought little in the way of surprise with regards to their stance on key interest rates, which were left unchanged at 1. 25%.
London close: FTSE weighed down by AstraZeneca, pound weakens
London stocks ended the day lower on Thursday as investors plodded through a massive but mixed salvo of company results, while the pound fell against the dollar during UK trading.
Kennedy Ventures raises £3.75m to support Namibia tantalum mine
Investment company Kennedy Ventures raised £3. 75m through a placing of 62. 5 million new ordinary shares at 6p per share, it announced on Thursday.
Angle losses widen as it invests in 'Parsortix' system
Liquid biopsy company Angle reported a rise in revenues but widening losses in its unaudited on Thursday, as well as publishing positive results from studies which it said indicated its ‘Parsortix’ system could potentially detect ovarian cancer.
Abcam reports profitable growth with China boost
Abcam enjoyed another successful year in which the business continued to grow at double digit rates, thanks in part to the group's performance in China and the continued weakness of sterling.
Bank of England appoints Dave Ramsey as deputy governor and MPC member
The UK government has confirmed the appointment of David Ramsden as a deputy governor of the Bank of England for Markets and Banking, meaning he will become a member of the rate-setting Monetary Policy Committee.
Barrick begins talks with Tanzania over Acacia Mining
Acacia Mining's Canadian parent company Barrick Gold Corporation has confirmed that it has begun talks with the Tanzanian government over its five-month-long dispute.
Bonmarche sales underpinned by solid online performance
Women's value clothing retailer Bonmarche reported a jump in sales for the 13 weeks to 1 July as a solid online performance lent a hand.
Genedrive announces additional US defence funding
Genedrive announced it had received additional funding from the US Department of Defense to develop technology to detect a broader range of biohazards.
Twitter tanks after reporting stagnant user growth
Social media group Twitter fell almost 12% in early trading on Wall Street after reporting flat user growth in the company’s second-quarter earnings report.
Friday preview: Pivotal results for Barclays, questions for IAG
Friday sees only a slight relenting in the torrent of corporate results, though Barclays, BT and IAG provide some heavyweight action, while there will be data on UK consumer confidence and US GDP.
FTSE 250 movers: Indivior surges but Vesuvius hit by cautious outlook
London's FTSE 250 was up 0. 7% to 19,896. 62 in afternoon trade as investors waded through an avalanche of earnings.
Surgical Innovations acquiring Elemental Healthcare in £9.4m deal
Medical technology designer and manufacturer Surgical Innovations Group is planning to acquire specialist medical products distributor Elemental Healthcare, it announced on Thursday, in a deal worth £7. 5m in cash and £1. 875m in consideration shares.
US open: Facebook and Verizon push stocks higher after earnings
Well-received earnings from the likes of Facebook and Verizon helped to push US stocks higher at the open on Thursday.
Ruling against Ofcom welcomed by CityFibre
CityFibre said it was “pleased” with a ruling from the Competition Appeal Tribunal this week, which found unanimously against Ofcom’s market definition rules in the regulator’s 2016 Business Connectivity Market Review (BCMR).
Gama Aviation adds Gulfstream G550 to Hong Kong venture
Gama Aviation’s Hong Kong-based joint venture with CK Hutchison, Gama Aviation Hutchison Hong Kong, has added a Gulfstream G550 business jet to its fleet, it announced on Thursday.
FTSE 100 movers: Diageo gains on results, AstraZeneca hit by failed drug trial
London's FTSE 100 index was down 0. 1% to 7,442. 10 in afternoon trade as earnings reports came in thick and fast.