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UK retail footfall drops further in July
Retail footfall fell across the UK in July, according to fresh data released on Friday, with overall numbers dropping by 3. 3% compared to the same period last year.
Sector movers: Banks pace declines as rate cycle shifts
Lenders paced losses on the FTSE 350 with NatWest Group and HSBC leading decliners.
US close: Stocks sharply lower as recession fears resurface
Wall Street stocks closed sharply lower on Thursday as recessionary fears resurfaced.
Europe close: Middle East tensions, economic worries hit stocks
European stocks finished with steep losses and at the session's lows as geopolitical tensions and economic worries stoked concerns.
IAG abandons pursuit of Air Europa
British Airways and Iberia owner IAG said on Thursday that it had terminated its agreement to buy Air Europa as it would not be in the best interests of shareholders "in the current regulatory environment".
FTSE 250 movers: Coats Group surges; Pets at Home falls
London’s FTSE 250 closed down 0. 7% at 21,459. 23 on Thursday.
London close: Stocks slide as Bank of England trims rates
London's stock markets ended the day in negative territory on Thursday, as investors digested the Bank of England's decision to cut interest rates for the first time in four years.
Director dealings: Everyman Media director raises stake
Everyman Media revealed on Thursday that non-executive director Michael Rosehill had acquired 750,000 ordinary shares in the AIM-listed cinema group.
US open: Stocks mixed as Powell opens the door for potential September rate cut
Major indices were mixed early on Thursday as comments from Federal Reserve chairman Jerome Powell and earnings from social media giant Facebook's parent company were firmly in focus.
ISM factory PMI slips again in July
A downturn in US factory sector activity accelerated a bit last month, the results of a closely followed survey showed.
Anheuser-Busch InBev posts H1 earnings beat, revenue miss
Beer giant Anheuser-Busch InBev said on Thursday that interim underlying earnings had come in ahead of analysts' expectations despite reporting revenues that fell short of estimates.
Weekly US jobless claims rise by more than expected
Tightness in the US jobs market eased a bit further during the preceding week.
US Q2 non-farm productivity caps increase in unit labour costs
US labour productivity outpaced economists' forecasts during the second quarter, reducing unit costs.
Friday preview: US non-farm payrolls, IAG in focus
All eyes at the end of the week would be on the US jobs market - geopolitics permitting.
Mondi confident despite fall in first-half earnings
Mondi reported a solid first-half performance on Thursday, despite facing market challenges, as underlying EBITDA fell to €565m from €680m year-on-year, resulting in an EBITDA margin of 15. 1%.
FTSE 100 movers: Rolls-Royce rallies on results; airlines fly lower
London’s FTSE 100 was flat at 8,371. 01 in afternoon trade on Thursday after the Bank of England cut rates for the first time in four years and amid an avalanche of corporate news.
SocGen cuts outlook for French retail bank, shares tumble
Societe Generale tumbled on Thursday after cutting the outlook for its French retail bank.
US pre-open: Stock futures higher as Powell opens the door for rate cuts
Wall Street futures were in the green ahead of the bell on Thursday as comments from Federal Reserve chairman Jerome Powell and earnings from social media giant Facebook's parent company were firmly in focus.
BMW profit margin narrows on China weakness
BMW reported a decline in its automotive segment's profit margin for the second quarter on Thursday, driven by increased competition and weakening demand in China, a crucial market for the German carmaker.
Volkswagen shares slip as it extends cost-cutting programme
Volkswagen shares declined on Thursday, after the German carmaker announced it would extend its cost-cutting measures beyond the second half of 2024.