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Empire Metals confirms high-purity anatase at Pitfield Project
Resource explorer and developer Empire Metals announced a significant update on its recently-discovered titanium dioxide mineral deposit at the Pitfield Project in Western Australia on Thursday.
London midday: FTSE maintains gains as JD Sports surges
London stocks were still in the black by midday on Thursday, with JD Sports surging ahead after a well-received update, as investors eyed a speech by Federal Reserve chair Jerome Powell.
Anglo Asian announces production guidance as it raises tailings capacity
Azerbaijan-focussed gold, copper and silver producer Anglo Asian Mining announced its production guidance for the full year on Thursday.
Petro Matad upbeat on recent operational progress
Mongolian oil company Petro Matad updated the market on its operations on Thursday, highlighting the successful re-entry and completion of the Heron-1 oil discovery well, as well as plans for its upcoming 2024 drilling programme.
Calnex confident in outlook as it launches new products
Telecommunications test and measurement and cloud computing specialist Calnex Solutions reported significant advancements in product development and strategic initiatives in an update on Thursday, despite ongoing challenges in the telecoms sector.
Europe midday: Stocks advance as investors shrug off weak economic data
European stocks were putting in solid gains on Thursday, with the Stoxx 600 index up half a percentage point by lunchtime, as indices resumed their recent upward momentum ahead despite some mixed economic data.
Ariana outlines reorganisation of Turkish assets
Mineral explorer and developer Ariana Resources announced the successful reorganisation of its interests in Türkiye on Thursday, following completion of a merger between Zenit and Pontid.
Deutsche Bank reaches settlement with more than half of Postbank claimants
German lender Deutsche Bank has reached settlements with over half of claimants in its more than a decade-long Postbank litigation and now expects to report a €430. 0m boost to Q3 pre-tax profits.
Nexxen reports solid first-half performance
Advertising technology specialist Nexxen International reported a robust financial performance for the second quarter on Thursday, marked by record highs in several key areas.
UK private sector activity hits four-month high
Activity in the UK’s private sector hit a four-month high in August, according to a survey released on Thursday.
Macfarlane Group confident despite fall in revenue, earnings
Macfarlane Group reported an 8% drop in first-half group revenue on Thursday, to £129. 6m, down from £141. 6m in the first six months of 2023.
S&P Global upgrades credit rating for Rolls-Royce
Credit ratings agency S&P Global has upgraded its view on aerospace engineer Rolls-Royce by one notch on the back of the group's rising profitability, strong cash generation and deleveraging.
Mears Group launches new £20m share buyback programme
Housing and care service specialist Mears Group announced the launch of a new share buyback programme on Thursday, worth up to £20m.
Asia report: Markets mixed as Bank of Korea holds rates
Asia-Pacific markets experienced modest gains on Thursday as investors analysed regional business activity reports and the latest Federal Reserve minutes.
Swiss Re H1 profits grow amid low claim levels, price rises
Reinsurance company Swiss Re said on Thursday that net profit had grown in the six months ended 30 June amid price rises and low claim levels throughout the period.
Citi says risk/reward in US dollar longs 'attractive'
Analysts sounded a positive note on the outlook for the US dollar, pointing out a mix of potential catalysts that might provide support.
Olympics deliver unexpected boost to euro area PMIs in August
Economic activity in the euro area picked up unexpectedly last month, mainly due to the boost from the Olympics, the results of a closely followed survey revealed.
Berenberg hikes target price on Derwent London
Analysts at Berenberg raised their target price on property investment and development business Derwent London from 2,494. 0p to 2,700. 0p on Thursday, stating the group's improving outlook should drive performance.
Jefferies upgrades Admiral to ‘hold’
Jefferies upgraded Admiral on Thursday to ‘hold’ from ‘underperform’ and lifted the price target to 3,025p from 2,300p as it upped its earnings per share forecasts.
Ithaca Energy earnings slide amid production decrease
Exploration and production company Ithaca Energy said in its half-year results on Thursday that amid a decrease in production, it achieved adjusted EBITDAX of $533m, down from $979. 7m in the first half of last year.