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Friday preview: August US non-farm payrolls, Gazprom in focus
The market spotlight at the end of the week was on the US non-farm payrolls report for August.
Europe close: Stocks slip amid news out of China, rate hike concerns
Stocks in Europe fell again following an unexpectedly weak reading for a key manufacturing survey out of China overnight and news of fresh lockdowns in Chengdu, the capital of the Sichuan province.
London close: Stocks slide as recession fears rattle markets
Even Ian Dury would have struggled for a reason to be cheerful on Thursday, as fresh lockdowns in China, gloomy manufacturing data and a stark warning from the Resolution Foundation rattled markets.
Goldman stays at 'buy' for NatWest Group
Analysts at Goldman Sachs reiterated their 'buy' recommendation for shares of Natwest, telling clients the lender was the "key beneficiary" from higher policy rates in the UK.
US manufacturing sector conditions remain steady in August, ISM says
Conditions in US manufacturing were steady last month helped by growing new orders while price pressures softened again, the results of perhaps the most closely followed survey for the sector showed.
Wizz Air passenger numbers jump in August
Budget carrier Wizz Air said on Thursday that passenger numbers rose 38. 5% year-on-year in August.
Broker tips: Eurocell, Pearson
JPMorgan Cazenove reinstated its 'overweight' rating on Pearson on Thursday, highlighting the education publisher's defensive qualities.
FTSE 100 movers: Rolls-Royce tumbles; Centrica recovers
London’s FTSE 100 was down 1. 6% at 7,170. 20 in afternoon trade on Thursday.
FTSE 250 movers: Drax powers ahead; Paragon Banking retreats
London’s FTSE 250 was down 2. 6% at 18,560. 84 in afternoon trade on Thursday.
US open: Stocks start off September in the red
Wall Street stocks headed south at the opening bell after major indices wrapped up August in the red.
US manufacturing in steepest downturn since 2009 crisis, S&P Global says
US manufacturing sector conditions remained relatively "muted" last month amid a third consecutive decline in new orders while production fell at its steepest rate since June 2020 a closely followed survey showed.
US Layoff announcements fall by 21 per cent in August, Challenger says
Job cut announcements in America continued to run at multi-decade lows last month with some observers' concerns over imminent recession not yet showing up in the data, a leading consultancy said.
US Q2 non-farm productivity revised higher and labour unit costs lower
Estimates of US labour productivity and unit labour costs for the second quarter were revised higher on the back of recent upward revisions to estimates for growth in gross domestic product.
Novo Nordisk to buy Forma Therapeutics in $1.1bn deal
Novo Nordisk said on Thursday that it has agreed to buy US-based Forma Therapeutics in a $1. 1bn deal.
Microsoft's takeover of Activison could face in-depth CMA probe
The UK’s Competition and Markets Authority said on Thursday that it is considering an in-depth investigation into Microsoft’s $69bn acquisition of gaming company Activision Blizzard.
US jobless claims register sharper than expected drop
Jobless claims in the US decreased more than expected yet again in the week ended 27 August, according to the Department of Labor, hitting the lowest level for initial claims since the week ended 25 June.
Gem Diamonds H1 EBITDA falls despite 'strong demand'
Diamond producer Gem Diamonds said on Thursday that first-half underlying earnings had fallen despite "strong demand and robust prices".
Europe midday: Stocks slip on news out of China, ECB rate hike bets rising
Stocks in Europe were holding lower following an unexpectedly weak reading on a key manufacturing survey out of China overnight and news of fresh lockdowns in Chengdu, the capital of the Sichuan province.
Director dealings: Cake Box chief makes the most of Wednesday tumble
The chief executive officer of Cake Box made the most of a plunge in its share price, it was revealed on Thursday, picking up 225,000 shares.
US pre-open: Futures in the red ahead of first day of September trading
US futures were pointing to losses ahead of the bell after major indices wrapped up August in the red.