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US open: Wall Street trading opens with losses as global growth concerns surface
US stocks moved sharply lower on Thursday as investors continued to keep a close eye on trade developments between the US and China, with the European Central Bank rate announcement and the latest jobless claims also in focus.
Premier Oil cuts debt more quickly than expected, ups capex guidance
Premier Oil posted record production for 2018, helping the outfit to turn a profit and cut debt more quickly than anticipated, even as it moved ahead on developing several new prospects, bumping up its plans for capital expenditures in the process.
Water Intelligence reacquires franchise in South Atlanta
Leak detection and remediation solutions company Water Intelligence announced the reacquisition of its American Leak Detection South Atlanta franchise for $0. 43m on Thursday.
Block Energy upbeat on workover programme at Norio
Georgia-focussed exploration and production company Block Energy reported an increase in production rate at its 100%-held Norio field on Thursday, where it was implementing a multi-well workover programme.
Strategic Minerals schedules re-start at Mountain of Light facility
Battery minerals company Strategic Minerals announced on Thursday that copper production was scheduled to start-up again at the Leigh Creek Copper Mine's ‘Mountain of Light’ processing facility in April, starting with the refurbishment and the trial reactivation of the existing processing plant and heap leach pads.
Ilika joins consortium to make new sensors for Network Rail
Solid-state battery technology company Ilika announced the development and trial deployment of wireless sensors powered by its ‘Stereax’ batteries for monitoring rail infrastructure on Thursday.
Petro Matad plans four-well drilling campaign for 2019
Mongolia-focussed oil explorer Petro Matad updated the market on its operations on Thursday, reporting that it was pursuing a four-well drilling campaign in 2019 at Heron, Gazelle and Red Deer on block XX, and either a further exploration well at block V or an appraisal of a block XX discovery.
US Q4 labour productivity pleases, but some see reversal ahead
US labour productivity grew more quickly than expected at the end of 2018, helping to dampen the impact on companies' margins from higher wages.
Gresham House AuM surge, maiden dividend declared
Asset manager Gresham House posted a surge in full-year assets under management on Thursday as it declared a maiden dividend.
Low temperature separation unit en route to Moftinu, says Serinus
Serinus Energy announced on Thursday that the final assembly and testing of the low temperature separation unit has been completed.
Vodafone to launch 5G in 12 more UK cities
Vodafone will launch 5G in a total of 19 towns and cities across the UK during 2019, it confirmed on Thursday, revealing 12 additional cities would benefit from the new technology when the network goes live later in the year.
Asia report: Markets mixed as Huawei sues the United States
Markets in Asia finished in a mixed state on Thursday, as investors reacted to a third straight day of losses on Wall Street overnight, and patiently awaited for some news - any news - on the state of trade negotiations between Beijing and Washington.
Weekly US jobless claims dip, secondary filings continue to shrink
Initial unemployment claims in the US dipped last week, alongside a further decline in the number of people in longer-term unemployment.
Renewables to produce more power than fossil fuels by 2030 - UK government
Offshore wind farms will generate a third of British electricity in a little over a decade, the government claimed on Thursday, as it announced a new deal with industry.
Cambridge Cognition slips as low order intake sends loss deeper
Cambridge Cognition's shares slipped on Thursday after it reported that low order intake from 2017 had caused its annual losses to widen and revenues to fall.
Thursday broker round-up
Just Eat: Barclays downgrades to equal weight with a target price of 785p.
1Spatial's 'good financial result' driven by contract wins and renewals
Software solutions provider 1Spatial traded in line with expectations in its recently wrapped up trading year thanks to some significant new contract wins and several successful renewals.
Versarien scores second Chinese aerospace agreement
Versarien on Thursday signed a Memorandum of Understanding with a second large state-owned Chinese aerospace company, following a similar agreement signed in December.
Total Produce revenues climb after Dole acquisition
Total Produce on Thursday reported an increase in annual revenue after its acquisition of a 45% stake in Dole Food Company for $300m back in February 2018.
Europe midday: Stocks climb off lows as ECB pulls all its levers
Stocks across the Continent are climbing off their session lows after the European Central Bank moved quickly to get ahead of market expectations.