Market Report
Army brought in to tackle illegal copper miners in DRC
The Democratic Republic of Congo has brought in the army after the death last month of more than 40 illegal miners at the Glencore-owned Kamoto copper and cobalt mine.
Commodities: Brent and copper dip amid thin trading volumes, growth concerns
The commodities space saw lacklustre trading on Thursday despite optimism around the US-China trade talks, what with many traders in the City opting to mimic their counterparts in the States, who were away from their desks on account of the 4 July holiday.
Europe close: Stocks continue to move higher, helped by dovish central banks
Stocks in Europe traded slightly higher on Thursday, tracking the record highs reached by Wall Street's main market gauges on the day before and helped by 'dovish' remarks from central bankers across the Continent.
London close: Stocks little changed on 4 July, central banks in focus
London stocks were little changed on Thursday with what traders were left in the market opting to sit on their hands on account of the 4 July holiday in the States and ahead of the monthly US jobs report due out the next day which might heavily influence near-term expectations for the Federal Reserve.
FX round-up: Some analysts eye pound strength ahead, anticipate second Brexit delay
It was a quiet day of trading in foreign exchange markets on Thursday, with many traders in the City mimicking their counterparts in the US, who were for the most part absent from their desks on account of the 4 July holiday.
Broker tips: Persimmon, Vodafone, Associated British Foods
UBS and Peel Hunt have maintained their recommendations on Persimmon, as the housebuilder looks to improve its battered reputation.
Director dealings: Midwich MD makes share purchase
Audio and visual specialist Midwich revealed on Thursday that group managing director Stephen Fenby had acquired 30,000 ordinary shares in the AIM-listed company.
FTSE 250 movers: Energean strikes higher, Ted Baker folds lower
London's FTSE 250 was flat, edging just 0. 04% higher to 19,799. 02 in afternoon trade on Thursday, with Energean Oil & Gas leading the index's push higher.
Thames Water to axe up to 650 jobs as it looks to cut costs
Thames Water has announced plans to axe up to 650 jobs as it looks to cut costs.
TomCo flags change to field test preparations at Holliday A
US-focussed oil shale exploration and development company TomCo Energy updated the market on its field test programme at the Holliday A Block in Utah on Thursday, reporting that the well casings for the test were now going to be on site towards the end of the week commencing 8 July.
Energean to gobble up Edison E&P in $750m acquisition
Mediterranean-focussed oil and gas producer Energean has entered into a conditional sale and purchase agreement to acquire Edison Exploration & Production from Edison S. p. A. , it announced on Thursday, for $750m.
UBS and Peel Hunt back Persimmon's focus on quality
UBS and Peel Hunt have maintained their recommendations on Persimmon, as the house builder looks to improve its battered reputation.
DekelOil shares slump despite 'best ever' half
West African focused agricultural company DekelOil witnessed its "best ever" first-half crude palm oil production in the six months ended 30 June after sales jumped during a record second-quarter.
McKay Securities makes 'good progress' with refurbishment and development schemes
McKay Securities chief executive Simon Perkins told investors at the group's annual general meeting on Thursday that the group had made good progress with its active programme of portfolio refurbishment and development schemes.
Bank of Russia flags possible interest rate cut in July
Bank of Russia may cut its official interest rates again at the end of the month, perhaps even by as much as 50 basis points.
Gresham Technologies expects 'substantially higher' earnings after solid first half
Software and services firm Gresham Technologies saw revenues move ahead in the six months ended 30 June, leading the group to anticipate underlying earnings "substantially higher" than for the same period in 2018.
Oncimmune partners with R-Pharm to take 'EarlyCDT Lung' to Russia
Immunodiagnostics company Oncimmune Holdings has signed an exclusive commercial partnership with R-Pharm to use its ‘EarlyCDT Lung’ product for the early detection of lung cancer in Russia and the member states of the Eurasian Customs Union, it announced on Thursday.
Cambria Africa subsidiaries sue Bankers Association of Zimbabwe for $100m
Cambria Africa announced on Thursday that Payserv Africa and Paynet Zimbabwe have instructed their legal practitioners in Zimbabwe, Titan Law, to commence legal action against the Bankers Association of Zimbabwe (BAZ) and related parties for anti-competitive practices.
CentralNic settles bond issue to help fund acquisitions
Internet domain name seller CentralNic Group announced on Thursday that the settlement of its €50m senior secured bond issue occurred on 3 July.
Mkango Resources granted new prospecting licence in Malawi
Mkango Resources has been granted a new exclusive prospecting licence, EPL0544/19, in the Mchinji district of central Malawi, it announced on Thursday.