Market Pulse
UK consumer confidence stalls - GfK
UK consumer confidence stalled in March, a long-running survey showed on Friday.
US close: Stocks rise as Reddit makes stellar debut
US equities finished in positive territory on Thursday, riding on the back of encouraging statements from the Federal Reserve.
KKR Dark Aggregator to sell 2.5% stake in Darktrace in placing
Jefferies said on Thursday that KKR Dark Aggregator plans to sell a stake of around 2. 5% in cybersecurity firm Darktrace in a placing to institutional investors.
London close: Stocks rise as BoE keeps rates on hold
London markets closed higher on Thursday, sustaining gains after the Bank of England adhered to expectations by maintaining interest rates at a 16-year high.
BAE Systems selected by Australian govt to build nuclear powered submarines
BAE Systems said on Thursday that it and ASC Pty Ltd have been selected by the Australian government to build the country’s new fleet of nuclear powered submarines.
Capital Metals reports progress at Eastern Minerals Project
Capital Metals, a mineral sands company on the verge of mine development at the high-grade Eastern Minerals Project in Sri Lanka, reported substantial progress in securing necessary permits and approvals for its operations on Thursday.
4basebio client gets approval to start trial in Australia
Synthetic DNA product developer 4basebio announced on Thursday that its client, Helix Nanotechnologies, has achieved a significant milestone with the receipt of HREC approval in Australia.
FTSE 100 movers: 3i Group rallies on results; Hikma goes ex-div
London’s FTSE 100 was 2% higher at 7,889. 97 in afternoon trade on Thursday.
Cambridge Cognition forms scientific advisory board
Digital brain health solutions developer Cambridge Cognition announced the creation of a scientific advisory board on Thursday.
Mercia Asset Management secures two new BBB mandates
Mercia Asset Management announced an expanded role in bolstering regional business growth on Thursday, with the acquisition of two new fund mandates from the British Business Bank (BBB).
XLMedia to sell Europe, Canada assets for up to $42.5m
AIM-listed XLMedia said on Thursday that it has agreed to sell its Europe and Canada assets for up to $42. 5m to performance marketing and sports betting media firm Gambling. com (GAMB).
Feedback secures funding for Oldham pilot
Feedback has secured £50,000 in funding to initiate a Community Diagnostic Centre (CDC) pathway pilot with the Oldham CDC, it announced on Thursday, managed by the Northern Care Alliance.
Direct Line announces new cost-savings plan, declares 4p dividend
Direct Line posted a widening of its full-year losses on Thursday as it announced a new £100m cost-savings plan and declared a 4p a share dividend.
Victoria promotes Roberto Moreno to group strategy chief
Flooring specialist Victoria announced the appointment of Roberto Moreno as its new group chief strategy officer and principal duty manager on Thursday.
Avacta reaches milestone in AVA6000 dose escalation
Avacta Group announced a significant milestone in its phase 1a dose escalation study of AVA6000, its lead ‘preCISION’ drug, on Thursday.
PetroTal ends year in line with guidance
PetroTal said in an update on Thursday that in the fourth quarter, it saw average sales and production of 15,033 and 14,865 barrels of oil per day, respectively.
Citi, Barclays set to trim investment banking headcounts
Banking giants Barclays and Citigroup were reportedly gearing up to trim their investment banking workforce, it emerged on Thursday, amid a slowdown in dealmaking activity within the sector.
London midday: Stocks maintain gains as BoE stands pat
London stocks maintained gains just after midday on Thursday after the Bank of England held rates at a 16-year high, as expected.
Turkish central bank lifts interest rates to 50%
The Turkish central bank announced on Thursday that it was lifting its policy rate to 50% from 45% in a surprise move.
Asia report: Stocks rise after Fed decision, wave of regional data
Asia-Pacific markets finished with a generally positive performance on Thursday, buoyed by the US Federal Reserve's latest policy stance.