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Jadestone announces plans to restart production at Montara
Asia-Pacific oil and gas producer Jadestone Energy revealed plans on Thursday to resume production at its Montara facility on 1 September.
FTSE 100 movers: Ocado rallies; Prudential gives back some gains
London’s FTSE 100 was up 0. 2% at 7,486. 30 in afternoon trade on Thursday.
US consumer spending grows, inflation picks up
US consumer spending rose more than expected and inflation picked up in July, according to the Bureau of Economic Analysis, which will likely raise more concerns that the Federal Reserve's strategy of raising interest rates is doing little to stop an overheating economy.
i3 Energy revenue, operating income falls in first half
Independent oil and gas company i3 Energy reported a decrease in revenue and operating income in its first half on Thursday, with revenue sliding to £75. 5m net of royalties, down from £101. 6m in the first half of 2022.
Wilko rescue collapses - report
A bid to buy the entire Wilko business has reportedly fallen through.
Somero still confident despite weak first half
Somero Enterprises reported a decline in first-half revenues on Thursday, but expressed optimism for improved trading in the latter half of the year.
Wise breached Russia sanctions with £250 payment, says OFSI
The UK government announced on Thursday that financial services firm Wise Payments had violated Russia sanctions regulations in June last year.
Europe midday: Shares shrug off EZ CPI data, look to US inflation
European shares held modest gains on Thursday despite eurozone inflation rising more than expected, as investors looked ahead to prices data from the US.
ECB rate hike fears rise as eurozone inflation holds stable
Consumer prices in the eurozone area increased more than expected in August, raising concerns that the European Central Bank may act once again to bring down stubbornly high inflation with another interest-rate rise.
London midday: Stocks little changed ahead of US inflation
London stocks were little changed by midday on Thursday as investors eyed a key US inflation reading and mulled the latest data for the eurozone.
Asia report: Stocks mixed on fresh China manufacturing data
Asia-Pacific stock markets showed mixed results on Thursday, with notable gains in Japan and New Zealand offset by declines in China and Hong Kong.
US pre-open: Futures tick up, but investors cautious ahead of key data
US stock futures were pointing to small gains on Wall Street on Thursday, with markets set to extend their daily winning streak to five – though gains were only modest on a pivotal week for economic data.
Standard Chartered CFO Andy Halford to retire
Standard Chartered said on Thursday that chief financial officer Andy Halford has decided to retire.
Eurozone unemployment steady at 6.4% in July
The jobless rate in the Eurozone held stable at 6. 4% in July, according to figures out Thursday from Eurostat.
Gulf Keystone reports tough first half amid Kurdistan export ban
Kurdistan oil operator Gulf Keystone reported significant downturns across key financial indicators in its first half on Thursday.
Barclays upbeat on Prudential's new growth strategy
Prudential's share price pulled back on Thursday after its first-half results received a positive reaction from the market the previous session, though analysts at Barclays still expect the stock to rise a further 50% over the long term.
UK car production grows for the sixth consecutive month
UK car production marked its sixth consecutive month of growth in July, according to new data released by the Society of Motor Manufacturers and Traders (SMMT).
Frasers Group ups stake in Boohoo
Mike Ashley’s Frasers Group lifted its stake in Boohoo on Thursday to 9. 1% from 7. 8%.
Cryptos ease after recent rises and optimism sparked by Grayscale
Cryptocurrencies are taking a breather on Thursday. Bitcoin (BTC) pulls back moderately in the last 24 hours and sits comfortably above $27,200, while Ethereum (ETH) follows in its wake and holds at $1,700.
German July retail sales fall, miss forecasts
German retail sales fell by 0. 8% month-to-month in July, missing forecasts of a 0. 3% increase, according to official data released on Thursday.