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Mexican billionaire Carlos Slim takes 3.2% stake in BT Group
Mexican billionaire Carlos Slim has taken a 3. 2% stake in BT Group.
Orcadian secures £1.15m loan with industry partner
Orcadian Energy announced the finalisation of a secured long-term loan agreement with an industry partner on Thursday.
Tesla shareholders support $56bn pay package, Musk says
Billionaire Elon Musk has claimed that Tesla Motors shareholders are voting in favour of his controversial $56bn pay package by "a wide margin".
Europe midday: Shares extend losses on EZ ind data; Wise slumps
European stocks extended losses on Thursday on weaker-than-expected eurozone industrial production data, while shares in UK fintech firm Wise plunged on a weaker income forecast.
US pre-open: Futures mixed following FOMC decision
Wall Street futures were mixed early on Thursday after the Federal Open Markets Committee's monthly policy meeting wrapped up yesterday.
Crest Nicholson slashes full-year profit guidance after tough first half
Home construction group Crest Nicholson slashed its interim dividend payment after swinging to a loss in the first half, as the company substantially scaled back its profit guidance for the full year, causing shares to sink on Thursday.
London midday: FTSE falls further; Crest Nicholson tumbles on profit warning
London stocks had fallen further by midday on Thursday as investors mulled the latest policy announcement from the US Federal Reserve, with Crest Nicholson under the cosh after a profit warning.
Eurozone industrial production edges lower, misses forecasts
Eurozone industrial production unexpectedly ticked lower in April, official data showed on Thursday.
Wise shares plunge as income forecasts disappoint investors
Shares in Wise plunged on Thursday as the UK banking and money transfer company said underlying income would be lower than its 2024 fiscal year.
Petards reports lower annual profits, cautious outlook
Security and surveillance systems group Petards reported a big drop in earnings for 2023 and gave a cautious outlook for the current year, causing shares to drop sharply on Thursday.
PayPoint earnings rise as it announces share buyback
PayPoint reported significant progress towards its EBITDA targets in its full-year results on Thursday, and took the wraps off a three-year share buyback programme, starting with at least £20m over the next 12 months.
Jefferies upgrades Great Portland Estates after rights issue
Jefferies has upgraded its rating for real estate group Great Portland from 'underperform' to 'hold' in the aftermath of the company's £350m rights issue.
Norcros revenue falls, operating profit rises
Bathroom and kitchen products supplier Norcros reported revenue of £392. 1m in its full-year results on Thursday - a decrease of 11. 1% from the prior year, or 6% on a constant currency like-for-like basis.
Custodian Property posts robust set of full-year results
Custodian Property Income REIT reported a robust full-year performance in its final results on Thursday, with EPRA earnings per share growing 3. 6% to 5. 8p, up from 5. 6p in the prior year.
Kingfisher completes second tranche of £300m buyback
Kingfisher announced the completion of the second tranche of its £300m share buyback programme on Thursday, which it initially announced on 19 September last year.
PensionBee reaches £5bn in assets under administration
Online pension provider PensionBee Group announced significant milestones in an update on Thursday.
UK house prices ease in May - RICS
UK house prices fell in May, an industry survey showed on Thursday, as the market's recovery lost momentum.
Physiomics wins new contract with existing client
Data sciences business Physiomics said on Thursday that it has been awarded a new contract by an existing, large client.
Asia report: Most markets rise after US Fed decision
Asia-Pacific markets mostly saw gains on Thursday, after the US Federal Reserve decided to hold the federal funds rate steady at 5. 25% to 5. 5%.
Galliford Try secures £69m contract to build school in Paisley
Construction firm Galliford Try said on Thursday that its building division has signed a £69m contract to build the new Paisley Grammar School Community Campus on behalf of Renfrewshire Council.