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More retail brands criticised on Chinese social media over Xinjiang statements
More foreign retail brands were attacked by users on Chinese social media on Thursday in response to international concerns over the mistreatment of Uyghur muslims in China's Xinjiang region.
Cineworld raises $213m, seeks higher debt limit after $3bn loss
Cineworld said it had has secured extra funding and was looking to lift debt limits after a huge annual loss due to the Covid-19 pandemic, while also warning any tightening of restrictions would force it to seek further cash.
Friday preview: UK retail sales, US consumer confidence in focus
The market spotlight at the end of the week will be on UK retail sales volumes for February, which are expected to bounce back after crashing during the previous month.
London close: Stocks weaker amid EU vaccine concerns
London stocks finished below the waterline on Thursday, as investors eyed the EU vaccine summit, amid ongoing concerns about a third wave of Covid-19.
Europe close: Stocks recover from heavy selling to end higher
European shares recovered from early selling on Thursday to finish a tad higher even as investors fretted over a potential threat to AstraZeneca's Covid-19 vaccine supply chain amid a contractual row between the EU and UK.
Legal and General 'unlikely to participate' in Deliveroo IPO
Legal&General may become the latest UK investment outfit to shun Deliveroo's upcoming flotation on the London Stock Exchange.
Nationwide makes permanent arrangements for remote working by staff
Britain’s Nationwide Building Society told all its 13,000 office-based staff to work from anywhere in the country as part of its permanent arrangements for staff to work remotely.
UK competition watchdog raises concerns about Facebook's acquisition of Giphy
The UK’s Competition and Markets Authority said on Thursday that Facebook’s acquisition of Giphy raises competition concerns.
Broker tips: Keywords Studios, Intertek
Analysts at Berenberg upped their rating on video games services provider Keywords Studios from 'hold' to 'buy' on Thursday, stating recent momentum was "too strong to ignore".
Director dealings: Capital Limited chairman ups stake
Capital Limited said on Thursday that chairman Jamie Boyton had acquired 225,000 ordinary shares in the London-listed mining services company.
FTSE 250 movers: Cineworld slumps; CMC Markets rallies on update
London’s FTSE 250 was down 0. 7% at 21,258. 86 in afternoon trade on Thursday.
RA International appointed to two contracts with Cherokee Nation
Remote site service provider RA International has been appointed as a teaming partner on two contracts by Cherokee Nation Mechanical, part of the Oklahoma-based, tribally-owned Cherokee Nation Businesses.
Open Orphan makes progress with Covid-19 characterisation study
Specialist pharmaceutical services clinical research company Open Orphan updated the market on its world-first Covid-19 characterisation study on Thursday, reporting that the first three volunteers had now completed the quarantine phase.
US open: Stocks head south, Powell comments in focus
Wall Street stocks were in the red early on Thursday as comments from Federal Reserve chairman Jerome Powell weighed on sentiment and traders took a moment to reassess the US economic outlook.
FTSE 100 movers: Burberry slumps; Intertek lifted by JPM note
London’s FTSE 100 was down 1. 2% at 6,632. 77 in afternoon trade on Thursday.
Berenberg raises Keywords Studios to 'buy'
Analysts at Berenberg upped their rating on video games services provider Keywords Studios from 'hold' to 'buy' on Thursday, stating recent momentum was "too strong to ignore".
Mobile Streams to acquire 49pc of KrunchData
Mobile content and data intelligence company Mobile Streams has agreed to acquire a 49% interest in KrunchData for £0. 74m, it announced on Thursday.
Safestyle losses widen amid Covid-19 pandemic
Double glazing firm Safestyle said on Thursday that pre-tax losses had widened in the twelve months ended 3 January but the group stated that it was on track for a solid recovery in 2021.
UK CPI inflation going nowhere, some economists say
Inflation at the consumer level in the UK is headed nowhere very quickly, economists said.
Trading still 'extremely challenging' for SpaceandPeople
Promotional and brand experience company SpaceandPeople said on Thursday that trading in the second half of 2020 remained “extremely challenging”, as further lockdowns in the UK and Germany affected its ability to operate during what is normally the more profitable period of the year.