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Bloomsbury reports record-breaking first-half earnings
Bloomsbury Publishing reported record-breaking earnings in its interim results on Thursday, marking the fourth consecutive half-year of double-digit growth in both revenue and profit.
Europe open: Stocks track losses on Wall Street, ECB in focus
Stocks were under pressure early in the session, tracking overnight losses on Wall Street triggered by a move back higher in longer-term US government debt yields and news of a brief Israeli military incursion into Gaza.
London open: Stocks fall ahead of ECB; StanChart tumbles on results
London stocks fell in early trade on Thursday, as investors eyed the latest policy announcement from the European Central Bank and US GDP data, with Standard Chartered under the cosh after third-quarter results.
Standard Chartered Q3 profit dented by China exposure
Standard Chartered posted a drop in third-quarter pre-tax profit on Thursday as it took a hit from its exposure to the Chinese property and banking sectors.
Hunting gets $59m subsea order, maintains earnings performance
Precision engineering group Hunting announced a substantial subsea order worth $59m for titanium stress joints on Thursday, confirming it maintained its earnings performance through the third quarter.
WPP cuts full-year forecasts after tough quarter
WPP cut its full-year guidance on Thursday, as technology clients continued to curtail spending.
Senior secures production order for EV battery cooling plates
Components and systems manufacturer Senior announced a significant development in its partnership with Valmet Automotive on Thursday, with Senior Flexonics Crumlin securing a production order for battery cooling plates.
Renishaw revenue, profits fall amid challenging market
Engineering technology group Renishaw reported challenging market conditions in the September quarter in a trading update on Thursday, with total revenue falling 9% year-on-year to £164. 5m.
Quarterly sales meet expectations at Unilever
Unilever laid out plans to boost growth on Thursday, as it posted a dip in third-quarter revenues.
Inchcape reiterates guidance after third-quarter growth
Automotive distributor Inchcape reported third-quarter revenues of £2. 8bn in an update on Thursday, making for growth of 35%, with organic revenue growth at 10%.
London pre-open: Stocks seen lower ahead of ECB, US GDP
London stocks were set to drop at the open on Thursday following losses on Wall Street, as investors eyed the latest policy announcement from the European Central Bank and US GDP data.
GSK HIV injection regimen gets approval in China
GSK announced on Thursday that its majority-owned HIV specialist subsidiary ViiV has received approval from the National Medical Products Administration (NMPA) of China for an injection regimen.
GSK HIV jab gets approval in China, DS Smith reiterates first-half guidance
London open The FTSE 100 is expected to open 50 points lower on Thursday, having closed up 0. 33% on Wednesday at 7,414. 34.
DS Smith says 1H trading in line with expectations
Paper packaging specialist DS Smith reiterated its guidance for first half operating profits thanks to a sequential improvement in corrugated box volume performance and better-than-expected pricing.
Thursday newspaper round-up: Shell, Boohoo, Sam Bankman-Fried
The former NatWest chief executive breached data protection laws when she spoke to a BBC journalist about the planned closure of Nigel Farage’s bank accounts, the UK’s information watchdog has ruled. An Information Commissioner’s Office (ICO) report seen by the Guardian said that Alison Rose broke rules on two counts: first by revealing that Farage had a banking relationship with its private bank, Coutts; and secondly by providing “misleading information” that led the BBC to believe the bank was closing his accounts for purely commercial reasons, linked to his wealth.