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EnQuest slams windfall tax as revenues slide
UK oil firm EnQuest hit out at the energy profits levy on Thursday, arguing that current conditions meant the windfall tax was no longer merited.
Verizon to buy Frontier Communications in $20bn cash deal
Verizon Communications said on Thursday that it has agreed to buy Frontier Communications, the largest pure-play fibre internet provider in the US, for $20bn in cash.
US pre-open: Futures little changed ahead of jobs data
Wall Street futures were little changed ahead of the bell on Thursday as market participants looked ahead to a number of data points that should provide more insight into the current state of the US economy.
Fusion Antibodies strengthens financial position despite revenue decline
Preclinical antibody discovery and engineering specialist Fusion Antibodies said in its final results on Thursday that despite a challenging year with a decline in revenue, it had strengthened its financial position and expanded its pipeline of opportunities.
US layoff announcements surge in August, hiring plans at record low
There was a surge in layoff announcements at US companies last month, while hiring plans were at their lowest ebb ever recorded, the results of a survey revealed.
Europe midday: Shares slip into red as EZ PMI, retail sales disappoint
European shares were in the red on Thursday, as investors digested weak eurozone construction and retail sales data and also looked ahead to US non-farm payroll figures.
London midday: Stocks dip ahead of US jobs data
London stocks had dipped into the red by midday on Thursday as investors eyed the release of US jobs data.
Eurozone retail sales struggle in July
Eurozone retail sales edged only marginally higher in July, official data showed on Thursday, as a recovery struggled to take hold.
Safestay reports 23pc rise in first-half earnings
Hostel operator Safestay reported a 23% increase in first-half EBITDA on Thursday, reflecting significant operational progress and portfolio expansion.
Oriole Resources swings to first-half profit
West and Central Africa-focussed exploration company Oriole Resources reported a first-half pre-tax profit of £1. 15m on Thursday - a significant improvement compared to a loss of £0. 86m in the same period in 2023.
International PPL declares interim dividend in line with target
Infrastructure investor International Public Partnerships declared a fully cash-covered interim dividend of 4. 18p per share in its half-year results on Thursday, contributing to full-year target dividend growth of 3%, bringing the total to 8. 37p per share for 2024, up from 8. 13p in 2023.
Mkango raises £1.25m to expand magnet recycling operations
Mkango Resources announced on Thursday that it has completed a private placement, raising £1. 25m to support its efforts to expand its rare earth magnet recycling operations in the UK and Germany.
UK new car registrations fall slightly in August ahead of new plates
New car registrations fell slightly across the UK in August, according to the Society of Motor Manufacturers and Traders, as buyers held off until next month's new number plates.
UK construction sector 'turns corner' - PMI
The UK construction sector's recovery continued in August, a closely-watched survey showed on Thursday, although the rate of expansion eased.
PPHE Hotel Group inks major refinancing deal
PPHE Hotel Group announced a major refinancing agreement with Aareal Bank on Thursday, extending the maturity of its existing loan for its Dutch hotel portfolio and the Holmes Hotel London.
Asia report: Markets mixed as wage growth softens in Japan
Asia-Pacific markets ended mixed on Thursday following a sharp sell-off in the previous session.
Speedy Hire trades well despite 'continuing challenging conditions'
Tools and equipment rental business Speedy Hire said on Thursday that it had "performed well" year-to-date, despite "continuing challenging conditions" in certain end markets.
Bakkavor posts strong first-half growth, CFO steps down
Fresh prepared food provider Bakkavor Group announced a strong set of first-half results on Thursday, highlighting revenue growth, improved margins, and debt reduction.
Genus reports mixed full year, warns of currency headwinds
Genus reported strategic progress amid challenging market conditions, particularly in China, in its preliminary full-year results on Thursday, although it warned of potential currency headwinds going forward.
Funding Circle swings into the black, shares soar
Shares in Funding Circle rocketed on Thursday, after the business lender unexpectedly swung into the black and boosted its full-year outlook.