Headline News
S4 Capital reiterates full-year targets
Digital advertising and marketing agency S4 Capital reiterated its full-year targets on Thursday despite "volatile" global macroeconomic conditions.
ECB cuts rates for first time in five years
The European Central Bank cut interest rates by 25 basis points on Thursday, as widely expected.
Mitie revenues hit record £4.5bn on contract wins
Annual profits at outsourcing giant Mitie surged as revenues hit a record £4. 5bn – in line with company expectations laid out in April's trading update.
UK economy to grow by more than expected - BCC
The British Chambers of Commerce upgraded its outlook for the UK economy on Thursday, but warned long-term growth was likely to be subdued.
US regulators take aim at Big Tech's role in AI - report
US antitrust regulators are to investigate Microsoft, OpenAI and Nvidia over their roles in the artificial intelligence industry, it was reported on Thursday.
UK construction sector grows at fastest pace in two years
The UK construction sector grew in May at its fastest pace in two years, according to a survey released on Thursday.
Eurozone construction sector continues to struggle
The Eurozone’s beleaguered construction sector saw another sharp fall in orders in May, official data showed on Thursday, weighing heavily on employment.
Wood Group to 'engage' with Sidara on takeover proposal
Wood Group said late on Wednesday that it had decided to "engage" with Sidara after the Dubai-based engineering and consulting firm made an improved and final takeover proposal last week at 230p a share.