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US pre-open: Futures trade higher after major indices snap two-day losing streak
Wall Street futures had stocks opening higher ahead of the bell on Thursday after major indices snapped a two-day losing streak in the previous session.
London midday: FTSE maintains small gains as BoE lifts rates to 1.75%
London stocks were still a touch higher by midday on Thursday after the Bank of England announced its biggest rate hike since 1995 as it looks to tackle surging inflation.
Asia report: Stocks rise as investors move on from Pelosi visit
Stock markets in Asia were in the green on Thursday, with technology plays in Hong Kong back in focus after US House Speaker Nancy Pelosi departed from a geopolitically hot visit to Taiwan.
ConvaTec confirms guidance after strong H1 revenue growth
ConvaTec reported “strong” revenue growth in its first half on Thursday, up 3. 6% on a reported basis to $1. 05bn, 8% on a constant currency basis, and 6. 4% on an organic basis, with “positive performances” across all of its divisions.
Berenberg initiates coverage on Ergomed at 'buy'
Analysts at Berenberg initiated coverage on biopharmaceutical industry services provider Ergomed at 'buy' on Thursday, stating the group was "perfectly positioned".
Petrofac consortium awarded $300m Algeria contract
Petrofac said on Thursday that its consortium with Genie Civil et Batiment (GCB) has been provisionally awarded an engineering, procurement and construction contract with Sonatrach for the Tinrhert EPC2 Development Project in Algeria.
Centamin watching costs after 'strong' first half
Centamin reported first half revenue of $382m in its interim report on Thursday, up 4% year-on-year, from gold sales of 203,587 ounces at an average realised gold price of $1,872 per ounce.
Hikma cuts guidance on lagging generics business
Hikma shares were tumbling on Thursday morning after the pharmaceuticals company reported flat group revenue in its first half, at $1. 21bn, as it slashed its guidance on its lagging generics business.
UK construction sector contracts in July
Activity in the UK construction sector contracted in July, falling at its sharpest pace in more than two years, according to a survey released on Thursday.
SCS Group profits seen ahead of FY expectations
Furniture and floorings retailer SCS Group said on Thursday that full-year profits had come in ahead of market expectations thanks to positive trading, strong margins, and effective cost management.
Mears lifts full-year outlook after strong first half
Mears upgraded its full-year outlook on Thursday following a "strong" first-half performance.
Evraz H1 net profits tumble 99.5%
Russia-focussed steel producer Evraz said on Thursday that net profits had fallen to next to nothing in the six months ended 30 June.
Kinetic lifts takeover offer for Go-Ahead by £22m
Australian bus group Kinetic and Spanish infrastructure specialist Globalvia have lifted their takeover offer for London-listed transport operator Go-Ahead by £22m.
Morgan Sindall sees FY 'slightly ahead' of expectations
Building contractor Morgan Sindall said it expected annual results to be slightly ahead of expectations after posting a rise in half-year profits, despite a tough inflationary environment.
Spirent Communications posts jump in H1 profits
Spirent Communications posted a rise in first-half profit and revenue on Thursday as it hailed a record order book and a strong performance across all of its end markets.
Europe open: Shares make muted start ahead of BoE rate decision
European stocks made a cautious start on Thursday as investors continued to monitor growing tensions between the US and China.
AstraZeneca breast cancer drug receives EU approval
Drugmaker AstraZeneca's Lynparza has received European Union approval for use in the adjuvant treatment of adult patients with high-risk early-stage breast cancer, including those with germline BRCA mutations.
London open: Stocks flat ahead of BoE rate announcement
London stocks were steady in early trade on Thursday as investors refrained from making any big bets either way ahead of the latest policy announcement from the Bank of England.
German factory orders fall less than expected in June
German factory orders fell less than expected in June, according to figures released on Thursday by Destatis.
Informa FY revenue and profits seen at 'top-end' of guidance
Publishing and exhibitions group Informa reiterated full-year guidance on Thursday after witnessing "strong" revenue and adjusted profit growth throughout the six months ended 30 June.