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US close: Stocks extend gains as Q2 earnings continue to pour in
Wall Street stocks closed higher on Thursday as market participants continued to thumb over earnings from some of the nation's biggest companies.
Evraz refutes claims it's supplying materials to Russian military
Russian steelmaker Evraz has denied speculation it is or has been supplying products to the Russian military which may have been used for military purposes.
Friday preview: Global PMIs, UK consumer confidence in focus
All eyes at the end of the week will be on the release of a raft of global Purchasing Managers' Indices in the UK, US and euro area covering factory and services sector activity in the month of July.
Europe close: Stocks come off lows to end the day mixed
Stocks finished on a mixed note on Thursday, but off their lows of the session in all cases, as the European Central Bank's surprise 50 basis point rate hike and new policy tools offset news of Italian Prime Minister Mario Draghi's resignation.
Mitchells & Butlers posts slowdown in Q3 LFL sales amid 'challenging' conditions
Mitchells&Butlers posted slower like-for-like sales growth for the third quarter amid higher costs.
London close: Stocks finish higher after ECB rate hike
London stocks managed a positive finish on Thursday, as investors digested the European Central Bank’s first rate hike in 11 years, waded through an avalanche of corporate updates, and mulled the latest UK borrowing figures.
Takeover Panel extends deadline for I Squared to make bid until 18 August
The Takeover Panel has granted FirstGroup an extension of the deadline for I Squared to declare its firm intent to table a takeover bid or walk away.
Director dealings: TheWorks chair buys £30k worth of shares
Discount bookseller and stationery retailer TheWorks was at the top of the list of director buys on Thursday, after its chair spent almost £30k.
Greatland Gold upbeat on recent work at Havieron
Mining explorer and developer Greatland Gold updated the market on exploration and development at the Havieron gold-copper project in the Paterson region of Western Australia on Thursday.
Alpha FX revenue, customers grow in first half
Foreign exchange risk management and accounts provider Alpha FX Group said in a trading update on Thursday that its first-half revenue was ahead 35% to £46m, including £1m of re-charged interest.
Strix Group trading 'broadly in line' with expectations
Kettle safety and water filtration technology company Strix Group said in an update on Thursday that, despite “significant and well-publicised” macroeconomic headwinds, current profit after tax consensus for the full-year remained “broadly in line” with expectations.
ECB hikes rates for first time in 11 years
The European Central Bank announced its biggest rate hike in more than 20 years on Thursday as it looks to tackle inflation, which hit a record 8. 6% in June.
LBG Media expecting strong first half result
Youth-focussed multi-channel digital publisher LBG Media said in a trading update on Thursday that it expected first-half revenue to have risen 8% year-on-year to £24. 8m.
Citi starts GSK spinoff Haleon at 'buy'
Citi initiated coverage of Haleon - GlaxoSmithKline’s consumer health spinoff - on Thursday with a ‘buy’ rating and 360p price target.
Broker tips: Royal Mail, Haleon, eEnergy
Analysts at Berenberg lowered their target price on postal service operator Royal Mail from 575. 0p to 480. 0p on Thursday but reiterated their 'buy' rating on the stock.
US open: Stocks trade lower as Q2 earnings remain in focus
Wall Street stocks were in the red early on Thursday as market participants continued to thumb over earnings from some of the nation's biggest companies.
MP Evans crops 'progressively increase' in first half
Indonesian palm oil producer MP Evans reported crude palm oil production of 160,800 tonnes in its first half on Thursday, down slightly from 161,400 a year ago.
Avacta joint venture completes fresh funding round
Clinical-stage biopharmaceutical company Avacta Group announced on Thursday that AffyXell, its joint venture with Daewoong Pharmaceuticals, has completed a funding round to advance its lead mesenchymal stem cell (MSC) programme towards the clinic, and to develop its wider preclinical pipeline of cell therapies.
HSBC sells Russian business to ExpoBank
HSBC has unloaded its Russian business shortly before Moscow announced that it would move to block foreign lenders divesting their operations in the country.
Europe midday: Stocks fall as Draghi steps down, setting stage for early elections
Stocks in Europe fell back, surrendering their earlier highs after Italian Prime Minister Mario Draghi tabled his resignation.