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Federal Reserve Bank of Philadelphia's factory sector index jumps in March
A closely-followed survey of manufacturing sector conditions in the US mid-Atlantic region surprised sharply to the upside.
Ocado Q1 revenues soar 40% amid latest Covid lockdown
Online supermarket Ocado Retail said it expects positive revenue growth in the second quarter after reporting a 40% rise in sales for the 13 weeks to the February 28 as more Britons had their groceries delivered during the current national Covid lockdown.
EMIS revenue flat, return to growth anticipated
Healthcare software and technology company EMIS reported a 4% improvement in recurring revenue in its final results on Thursday, to £130m, as total revenue remained flat at £159. 5m.
Thorpe flags steady recovery after first half headwinds
Professional lighting systems manufacturer FW Thorpe reported a 1. 8% decline in first half revenue on Thursday, to £56. 4m, as turnover fell at its overseas offices.
Bank of England says it's nowhere near starting to raise interest rates
The Bank of England's stewards voted unanimously on Wednesday to keep policy unchanged, arguing that it was nowhere near close to starting to raise short-term interest rates.
US pre-open: Futures point to losses as bond yields hit 14-month high
Wall Street futures had stocks opening lower ahead of the bell on Thursday as the 10-year Treasury yield soared to a 14-month high.
Europe midday: German stocks hit record highs on Fed low rate pledge
Germany's DAX hit a record high on Thursday as European shares gained broadly on the back of a US federal Reserve pledge to keep interest rates low.
Europe open: Shares push ahead after Fed pledges low rates
European shares opened higher on Thursday after strong showings in Wall Street and Asia overnight as the US Federal Reserve pledged to maintain low interest rates despite forecasting a surge in economic growth.
London midday: Stocks a touch lower ahead of BoE announcement
London stocks were trading a touch lower ahead of the Bank of England rate announcement, as investors mulled a dovish statement from the Federal Reserve.
XLMedia to acquire Sports Betting Dime in $26.0m deal
Digital publisher XLMedia said on Thursday that it had agreed to acquire US outfit Sports Betting Dime for roughly $26. 0m.
Restore confident in outlook after second half recovery
Information and document management company Restore reported a 15% fall in revenue from continuing operations in its full-year results on Thursday, to £182. 7m, which it said reflected the impact of the Covid-19 pandemic, primarily in the second quarter.
UK governance revamp targets dividends and bonuses
Big companies with threadbare cash reserves will be banned from paying dividends and executive bonuses in an overhaul of UK corporate governance to be announced on Thursday.
Proton Motor Power gets fourth order from large aerospace customer
Fuel cell and electric hybrid system developer Proton Motor Power has received a fourth order from a large, unnamed international engineering and aerospace company, it announced on Thursday.
IAG plans €1bn bond offering to weather 'prolonged downturn'
BA owner IAG unveiled plans to raise €1bn (£855m) to help it weather the expected longer downturn in the travel sector from the Covid-19 pandemic.
ITM Power sells MW-scale electrolyser to Sumitomo
Energy storage and ‘clean fuel’ technology company ITM Power announced the sale of a 1. 4MW electrolyser to Sumitomo Corporation on Thursday.
Eve sleep FY results beat expectations, rebuild strategy complete
Mattress company Eve Sleep reported 2020 results "ahead of twice raised expectations" on Thursday as it narrowed its losses and said the rebuild strategy had completed ahead of plan.
Asia report: Most markets rise after Fed policy announcement
Most markets in Asia finished above the waterline on Thursday, as investors welcomed the Federal Reserve’s hike in economic forecasts for the US economy overnight.
Deutsche Bank ups Standard Life Aberdeen to 'buy'
Deutsche Bank upped its recommendation on shares of Standard Life Aberdeen on Thursday to ‘buy’ from ‘hold’ and lifted the price target to 335p from 310p.
Fevertree profit drops but dividend rises
Fevertree's annual profit dropped 29% after the Covid-19 crisis caused revenue to fall but the mixer-drinks maker increased its dividend.
Mobile Streams signs 'major contract' with Quanta Media
Data intelligence company Mobile Streams said on Thursday that it had signed a "major contract" with Quanta Media for the use of its Streams data platform.