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Tritax Big Box profits exceeds expectations
Tritax Big Box, the UK's only real estate investment trust dedicated to large big box logistics warehouses, posted an increased pre-tax profit of £80. 53m, up 49. 9% over the same time last year.
Asia report: Markets lower as North Korea situation remains tense
Markets in Asia were in the red on Thursday, as investors remained concerned around tensions on the Korean peninsula, although the war of words between DC and Pyongyang did appear to cool slightly from the intensity seen earlier in the week.
Derwent London posts record six months of letting, dividend up 25%
Property developer Derwent London hiked its first-half dividend as the London-focused group boasted a record six months of new lettings.
Mayor pledges 4G coverage for London Underground tunnels
The days of being uncontactable while commuting in the capital will soon come to an end if the Mayor has his way, with Sadiq Khan promising Londoners will be able to use the mobile phones on the Underground within two years.
Prudential beats forecasts at half-year stage thanks to strong trading in Asia
Prudential easily beat analysts' profit forecasts at the half-year stage thanks to strong trading in Asia and said it had met its target for surplus cash generation ahead of schedule.
Savills reports interim profits lifted by Asia and London's overseas investors
Commercial and residential estate agency Savills reported strong first half results as Asia and London office sales offset a decline in the UK housing market.
Facebook launches new video service to compete with streaming sites
US social media giant Facebook is launching its own video content tool in an attempt to bring competition to the likes of YouTube and streaming sites.
UK foreign trade deficit widens unexpectedly in June
Britain's trade deficit with the rest of the world increased in June on the back of higher volumes of imported goods and services.
UK industrial production improves more than expected - ONS
UK industrial activity improved more than expected in June as manufacturing production and mining production improved.
Cineworld profits rise home and abroad, with Star Wars still to come
British cinema outlet, Cineworld Group said its half-year revenue rose 17. 8% on last year thanks to strong box office showings by titles like 'Beauty and the Beast', 'Guardians of the Galaxy Vol. 2' and 'The Fate of the Furious'.
Hill & Smith H1 profits up on infra spending, weak pound
Infrastructure group Hill & Smith Holdings said first half pretax profits rose 73% to £33. 5m, boosted by higher infrastructure spending in key markets and the weak pound.
Higher prices and lower costs see EVRAZ soar in first half
EVRAZ reported a significant improvement in its free cash flow in its unaudited interim results for the six months to 30 June on Thursday, rising to $549m from $102m in the first half of last year.
LondonMetric in £116m logistics purchase
LondonMetric Property said it had bought 14 urban and regional logistic warehouses for £116. 6m from Cabot Properties.
Weak sterling boosts PageGroup in first half
Specialist professional recruitment company PageGroup reported solid first-half revenue growth on Thursday, with the figure rising 16. 9% compared to last year to £673. 1m, or 7. 7% at constant currencies.
London open: Heavyweight ex-divs weigh on FTSE
London stocks fell on Thursday morning as a number of heavyweight income stocks went ex-dividend, while continued tensions over the US-North Korea situation continued to weigh on the mood.
Go-Ahead loses West Midlands franchise to Dutch-Japanese consortium
Listed passenger transport operator Go-Ahead lost its bid to continue operating the West Midlands rail franchise on Thursday, as the contract was won by a consortium led by Abellio.
TUI third-quarter numbers ascend after late Easter
Travel operator TUI booked a strong third quarter performance, with sales and profits taking off during the early summer months, although it left its full year targets unchanged.
Ibstock building momentum in UK bricks but US softens
Brick-maker Ibstock grew revenue 8% and underlying pre-tax profits 14% in the first half of the year as it invested in extra UK capacity to meet housing demand but reported a slowdown in its smaller US business.
Card Factory greets H1 with 3.1% rise in sales
Card Factory reported a 3. 1% increase in first half like-for-like sales as the company opened 30 new stores during the period.
Tough oil market hits Amec Foster first half trading profits
Oil and gas services company Amec Foster Wheeler said first half trading profits fell 8% to £162m as weak upstream oil and gas markets took their toll.