Market Report
Eurozone manufacturing rises at fastest pace since April 2011 - Markit
Eurozone manufacturing production rose at the fastest pace since April 2011 in May, according to data released on Thursday.
Europe open: Stocks start higher, investors brush off weakness in bank shares
European stocks were higher in early trading despite the drag from a drop in lenders' shares, especially in Spain, as investors looked to US jobs data later in the day.
Micro Focus confirms HPE Software's improving margins, falling sales
Ahead of its agreed merger, Micro Focus International confirmed that US-based HP Enterprise Software saw margins improve but sales continue to drop off in the second quarter.
Genus pension fund partner to withdraw
Animal genetics company Genus issued an announcement to the market on Thursday morning, noting a release from National Milk Records on the NEX Exchange Growth Market.
Jimmy Choo hails strong trading in year to date
Luxury shoe retailer Jimmy Choo said it has trading strongly in the year to date, in line with management's expectations, with strong growth in all categories.
GVC completes sale of Kalixa Group
GVC Holdings confirmed the sale of its payment processing business, operating under the Kalixa Group banner, to Senjō Group on Thursday.
Lloyds completes purchase of MBNA credit card business
Lloyds Banking Group announced on Thursday that it had completed the acquisition of MBNA - the UK consumer credit card business - from FIA Jersey Holdings, a wholly owned subsidiary of Bank of America, following the receipt of regulatory and competition approval.
Auto Trader lifted by Barclays upgrade to 'overweight'
Auto Trader got a boost on Thursday as Barclays bumped the stock up to 'overweight' from 'equalweight' and lifted the price target to 470p from 425p ahead of the full-year results on 8 June.
Caixin China manufacturing PMI tips into decline in May
Factory activity in China's manufacturing sector tipped into decline last month, according to the most widely-followed survey tracking the sector's health.
UK house prices in reverse for third month in a row
UK house prices fell for the third month in a row in May, the first time this has happened since 2009, according to a survey from Nationwide published on Thursday.
Polymetal takes stake in Dolinnoye gold property to 50%
Polymetal increased its stake in the Dolinnoye gold property to 50% in a bid to strengthen the company's Varvara hub concept.
Ascential sells 11 remaining UK-based heritage brands for £23.5m
Business-to-business information company Ascential has sold its remaining 11 UK-based heritage brands to Metropolis International for £23. 5m in cash, which will be used to reduce its net debt.
Barclays ups Africa business stake sale to 34%
Barclays has increased the size of the sale of its stake in Barclays Africa Group due to "strong investor demand".
London pre-open: Stocks seen higher with pound in focus
London stocks were set for a firmer open on Thursday, with the focus still very much on the pound as investors grow nervous ahead of the 8 June election.
Johnson Matthey posts solid growth, Polymetal increases stake in Dolinnoye gold property,
London open.
Thursday newspaper round-up: BA, Deliveroo, UK growth, AkzoNobel
The IT shutdown that led to chaos for British Airways was caused by an “uncontrolled return of power” following an outage that physically damaged servers at its data centre, the airline has said. About 75,000 passengers were affected as flights were cancelled following the incident on Saturday morning. The carrier was unable to resume a full schedule until Tuesday and many passengers are still without their luggage. – Guardian.