Latest News
Woodside updates cost expectations ahead of first-half results
Woodside flagged anticipated first-half production costs of $710m to $780m in an update on Thursday, with royalties, excise and levies expected to amount to $180m to $210m.
China retail sales rise but industrial production misses estimates
Retail sales in China rose more than expected last month but industrial production was below forecasts, official data showed on Thursday.
UK economy grows 0.6% in second quarter
The UK economy grew 0. 6% in the second quarter, down slightly on 0. 7% growth in the first quarter but in line with expectations, according to data released on Thursday by the Office for National Statistics.
London pre-open: Stocks seen up as investors mull GDP data
London stocks were set to rise at the open on Thursday following a positive close on Wall Street, as investors mulled the latest UK GDP figures.
Admiral first-half profits rise, Woodside defers tax against Sangomar project
London open The FTSE 100 is expected to open 21 points higher on Thursday, having closed up 0. 56% on Wednesday at 8,281. 05.
Thursday newspaper round-up: Wiz, Port Talbot, John Lewis
Cybersecurity firm Wiz, which last month rejected a $23bn (£18bn) takeover bid from Google’s parent company, Alphabet, is to open a European headquarters in London – a move that is a major shot in the arm for the UK’s aspiration to be a global tech hub. The new office, the company’s first in Europe, will be run by co-founder and research and development head, Roy Reznik, who is relocating from Israel to the UK capital to underscore the company’s business ambitions in the region.