Market Pulse
South32 impresses with manganese cost and output cuts
Shares in South32 spiked higher after the miner decided to cut costs and production at its South Africa manganese operations, with 620 jobs axed and an expected 0. 9m tons (Mt) removed from the market.
Europe midday: Stocks in the black but off highs as investors digest earnings
European stocks were in the black but off earlier highs as investors sifted through a deluge of earnings amid steadying oil prices.
Oil prices see Northbridge suffer in Dubai, down under
Northbridge Industrial Services warned the market of muted activity in a pre-close trading update on Thursday, as it faced tough market conditions in the South Pacific and the Middle East amid the low global oil price environment.
Study at Amitsoq Graphite Project encouraging, says Alba
Alba Mineral Resources was looking at a busy 2016 work programme on Thursday, with the company reporting encouraging results from its remote sensing study at the Amitsoq Graphite Project in southern Greenland.
Morgan Stanley now sees crude oil prices falling throughout 2016
Oil prices would continue falling throughout 2016 instead of rising, according to new research from Morgan Stanley, possibly confounding the likes of the European Commission who on the same day predicted a recovery beginning in the back half of the same year.
Thursday newspaper share tips: Contrasting views on Hargreaves Lansdown
Hargreaves Lansdown was the focus of the main newspaper share tip columns on Thursday.
Spanish flight to UAE evacuated after bomb threat
An aircraft which was set to fly from Spain´s capital to the United Arab Emirates was evacuated following a bomb threat.
Signs of Brexit risk-premium apparent in pound, Goldman says
Sterling could be set for a very sharp fall if Britons decided to leave the European Union and signs had already appeared that investors were beginning to price-in such a scenario, Goldman Sachs said.
Amur Minerals moving rapidly at Kun-Manie
Amur Minerals' programme to rapidly advance its Kun-Manie nickel copper sulphide project in Russia was moving quickly on Thursday, with the company updating the market on its 2016 Field Programme.
London midday: Stocks rise as BoE votes unanimously to keep rates unchanged
London stocks rose on Thursday as the Bank of England unanimously agreed to keep interest rates unchanged.
Noricum Gold strikes it lucky in Georgia
Noricum Gold tentatively struck the jackpot in Georgia on Thursday, revealing some very promising results from recent drill testing at the Kvemo Bolnisi Project.
TfL outlines possible effects of 48 hour tube strike
Transport for London has said some tube stations may open late, close early or may not open at all during this weekend’s strike.
Moody´s downgrades Clydesdale Bank´s debt
Clydesdale and Yorkshire Banking Group would no longer be able to count on support from its former parent following its flotation and a shift in its liability structure meant senior deposits and creditors would be left exposed to higher risk, Moody´s said on Thursday.
Former Visa exec joins Vipera board
Jeremy Nicholds has joined the board of mobile financial services provider Vipera as a non-executive director.
Xtract Resources' Chepica mine gets permission to restart
AIM-listed Xtract Resources said the processing plant at its Chepica gold and copper mine in Chile has been granted permission to restart.
Imperial Innovations proposes £100m fundraising
Imperial Innovations, the UK technology commercialisation and investment company, said on Thursday it has proposed a £100m fundraising by way of placing 425p new ordinary shares.
Asia report: Oil leads most stocks higher while Japan lags
Asian markets rose on Thursday, tracking upwards with oil prices, which were boosted in US trading overnight as the dollar suffered its worst day in seven years.
Asian demand helps global air traffic soar to five-year high
Global air passenger traffic in 2015 hit its strongest level in five years, with soaring Asian demand driving a 6. 5% rise on the previous year, well above the 5. 5% 10-year average.
Galasys says legal costs will hit full year profit
Galasys said on Thursday that reported profit and earnings for the full year are likely to take a hit from certain one-off costs relating to the ongoing litigation over changes to its board, but the underlying performance should be in line with market expectations.
Accesso Technology sees full year "comfortably" in line with views
Queuing and ticketing technology company Accesso Technology expects its performance for the year ended 31 December to be “comfortably” in line with expectations.