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Earthport partners with Kotak Mahindra Bank in India
Cross-border payments network provider Earthport announced on Thursday that it had partnered with Indian private sector bank Kotak Mahindra Bank to provide cross-border payment capabilities across select global markets.
FTSE 250 movers: Cobham rallies on earnings but Inmarsat drops
London's FTSE 250 was up 0. 3% to 19,907. 65 in afternoon trade.
Lombard Risk partners with Elixium
Collateral management and regulatory reporting solutions provider Lombard Risk Management announced on Thursday that it had partnered with “secure all-to-all marketplace” Elixium to deliver an integrated solution for repurchase agreements (repo) trading and collateral management.
BoE keeps rates unchanged
Rate-setters at the Bank of England kept all their main policy settings unchanged on Thursday, as expected.
Bank of England sees higher inflation but cuts GDP and wage forecasts
The UK economy will grow slower in 2017 than the Bank of England predicted only three months ago, monetary policymakers revealed on Thursday, as inflation is seen hitting a higher peak this year.
Europe midday: Stocks mixed as BoE stays put
European markets edged higher after the Bank of England decided not to follow-through with its recent more hawkish rhetoric.
Satellite Solutions upbeat on Macron broadband policy
Satellite Solutions was upbeat on a new policy announcement from the French president on Thursday, which it believed would broaden its future expansion prospects.
London midday: FTSE maintains small gains as BoE stands pat on rates, cuts growth forecasts
London stocks maintained small gains after the Bank of England voted 6-2 to keep interest rates on hold and cut its growth forecasts for this year and the next, while the pound dipped against the dollar and the euro.
MayAir secures $13.6m contract with Chinese state-owned electronics company
MayAir Group, a leading manufacturer of air purification technology for use in industrial settings, cliched an industrial sales contract to the tune of $13. 6m and told shareholders trading at the half-year stage of 2017 had been "good".
Be Heard to support Vodafone UK in development and launch of new microsite
Be Heard, a London-based digital marketing services group announced on Thursday its working in conjunction with Vodafone UK on a new microsite called Vodafone Labs.
Botswana Diamonds raises fresh funds from directors and their families
Botswana Diamonds successfully raised fresh funding for its projects, including from various of its directors and their families.
Asia report: Most markets lower amid dollar strength
Markets in Asia finished in the red on Thursday, with strength in the dollar suppressing investor enthusiasm in the region.
Tesla losses widen despite quarterly revenues moving up a gear
Innovative US carmaker Tesla Motors doubled revenues during the second quarter of 2016, but this acceleration could not put the brakes on losses in the period.
US pre-open: Stocks seen muted but Tesla set for gains after earnings
US futures looked set for a muted open on Wall Street on Thursday after the Dow breached the 22,000 level for the first time in the previous session, although Tesla was in for some gains after its quarterly earnings.
Next sales continue to unravel but 'better than expected'
Store sales at clothing retailer Next continued to fall in the second quarter of the year but better summer weather saw full price sales turn positive, though expectations for the second half remain mixed.
DFS in £25m deal to buy Sofology
DFS Furniture has exchanged contracts to buy sofa specialist Sofology for an initial enterprise value of £25m.
Russia announces truce in another Syrian 'safe zone'
Russia's Defence Ministry says that a cease-fire treaty has been agreed on in the northern parts of the Homs province in war- torn Syria.
Mi-Pay secures contract extension with existing client
AIM-listed Mi-Pay has agreed a contract extension with a long-term existing client for an incremental three-year period, which is expected to secure existing revenues and drive material growth in payment transaction value processed from the €25m processed in 2016.
Volga Gas announces increase in oil and gas production
Volga Gas, the oil and gas exploration and production group announced an increase in its levels of production of oil and gas last month.