Market Report
BoE says Brexit having greater than anticipated effects on UK
Rate-setters at the Old Lady of Threadneedle Street chose to keep a steady hand on the tiller on Thursday, even as they cut their near-term economic forecasts for the UK in the face of slower growth abroad and the stiffer-than-anticipated headwinds from Brexit.
DP Poland shares tumble as CEO exits ahead of heavily discounted placing
DP Poland shares took a nosedive on Thursday after the pizza delivery outfit announced its intention to raise some cash in order to maintain its medium-term store roll-out plans and support its sales and marketing programmes.
House to open probe into Trump's links with Russia
House Intelligence Committee Chairman Adam Schiff announced on Wednesday that his committee would open an investigation into President Donald Trump’s personal financial interests and his links with foreign powers.
Europe midday: Stocks reel after EU slashes growth forecasts
Stocks across the Channel are reeling after the European Union's executive arm slashed its near-term forecasts for economic growth across the bloc, even as traders paused for breath given recent strong gains in stockmarkets.
Brexit not a 'lasting cause for concern', says BP Marsh
Venture capital firm BP Marsh saw revenues and profits continue to increase across the majority of its investments in its last trading year.
Jobless claims drop less than expected
The number of Americans filing for unemployment benefits fell less than expected last week, according to figures from the Labor Department.
Babcock slashes workforce at Scotland's Rosyth shipyard
Engineering and defence firm Babcock International is making 150 workers at its Rosyth shipyard in Dunfermline redundant, which unions blamed on the government giving Royal Navy fleet contracts to international rivals and delays on the Type 31e frigate.
SunTrust Banks and BB&T to merge in $66bn all-share deal
BB&T and SunTrust Banks have agreed to combine in an all-stock merger of equals valued at approximately $66bn, in a deal that will create the sixth-largest US bank based on assets and deposits.
Tech giants must collect less data, EU regulators say
Facebook, Amazon and Google may be forced to review their business models in Europe as German and Belgian regulators are challenging them over competition and copyright.
Asia report: Hints of Australian rate cut raises investor hopes
Most Asian markets climbed on Thursday after the governor of Australia’s central bank said a cut in interest rates "might be appropriate at some point", but India made a surprise rate cut.
US pre-open: Stocks to drop as earnings roll in; Twitter slumps after Q4
US stock futures pointed to a downbeat open on Wall Street on Thursday as investors sifted through more earnings releases, with Twitter under the cosh following the release of its quarterly numbers.
London midday: FTSE pares losses as pound dips after BoE announcement
London stocks had flattened out by midday on Thursday as sterling lost ground after a dovish policy announcement from the Bank of England paired with cuts to its forecasts for UK growth.
SDX Energy expands presence in Morocco
North Africa focused oil and gas company SDX Energy has increased its presence in Morocco with the awards of the Moulay Bouchta Ouest and Lalla Mimouna Sud licenses.
Accesso appoints new boss as costs sting from failed acquisition
Leisure and theme park technology provider Accesso made "good progress" last year and, while underlying growth should be "broadly in line" with market expectations, one-off costs will spoil its full-year results.
Gattaca net fee income drops following office shutdowns
Engineering and technology sector recruitment business Gattaca saw continuing net fee income move ahead slightly in the six months ended 31 January.
EC slashes European growth forecasts
The European Commission has cut its forecasts for economic growth across the continent's major economies, even before taking into account the potential for further drags from Brexit and a China slowdown.
House price growth eases in January - Halifax
Annual house price growth in the UK eased in January, according to the latest data from lender Halifax.
Thomas Cook says it could sell airline business as losses widen
Travel operator Thomas Cook said on Thursday that it could put its airline up for sale, as it posted a 1% rise in first-quarter like-for-like revenue but a deterioration in margins and a widening of its losses.
Qantas cancels Airbus A380 superjumbo order
Qantas Airways has cancelled a large A380 superjumbo deal with Airbus leaving an uncertain future for the out-sized aircraft.
Beazley profit more than halves but still beats expectations
Beazley posted a 55% slump in full-year pre-tax profit on Thursday as natural catastrophes and a drop in investment returns took their toll.