Headline News
Turkey's central bank keeps rates at 50%
Turkey’s central bank has left a key interest rate on hold, it was confirmed on Thursday, as it focuses on cooling surging inflation.
Currys pins hopes on AI-tech as FY earnings jump 10%
UK electricals retailer Currys said trading in the current fiscal year was in line with expectations after 2023/24 adjusted earnings rose 10% and was pinning its hopes on the increasing use of artificial intelligence in electronic goods.
Eurozone sentiment unexpectedly softens
Economic sentiment across the Eurozone unexpectedly softened in June, a closely-watched survey showed on Thursday.
Riksbank stands pat on rates, signals up to three more cuts this year
Sweden’s central bank held its key interest rate at 3. 75% on Thursday, as widely expected, and said that monetary policy should be adjusted "gradually".
BP implements hiring freeze, refocuses on oil and gas
BP has implemented a hiring freeze and halted new offshore wind projects, it was reported on Thursday, as part of a strategic shift under new chief executive officer Murray Auchincloss.
H&M warns on sales, shares slide
Shares in Hennes & Mauritz tumbled on Thursday, despite a 50% surge in second-quarter profits, after poor weather hit sales in June.
Halfords full-year profits slump
Halfords posted a slump in full-year profits on Thursday as it pointed to weak consumer confidence.
DS Smith rallies as Suzano abandons pursuit of International Paper
DS Smith was the top gainer on the FTSE 100 on Thursday after Brazilian pulp maker Suzano said it had ended talks to buy International Paper.
Moonpig hails strong year, shares jump
Shares in Moonpig Group sparked on Thursday, after the online greeting card retailer posted a jump in annual sales and profits.
Bunzl upgrades full-year profit guidance
Bunzl upgraded its profit guidance for the year on Thursday, citing improved margin performance and successful acquisitions.
Serco lifts full-year profit guidance after ‘good’ progress in H1
Serco lifted its full-year profit guidance on Thursday following "good" progress in the first half.