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Globalworth Real Estate buys Polish office building
Globalworth Real Estate, an office investor in Central and Eastern Europe, has announced the acquisition of Spektrum Tower in Warsaw for €101m, which will be funded from existing cash resources.
Minoan secures extension to debt facility with Hillside
AIM-listed Minoan Group has secured an extension to its debt facility with Hillside to allow time for the sale of its travel business to be completed.
FTSE 100 movers: Sky rallies as bidding war hots up; ITV hit by downgrade
London’s FTSE 100 was up 0. 7% to 7,642. 57 in afternoon trade on Thursday, recovering from heavy losses in the previous session.
Battle for Sky hots up as Comcast lifts offer; government clears Fox takeover
The battle for Sky stepped up a notch after US media giant Comcast raised its bid for the London-listed broadcaster, while the UK government cleared a takeover by Fox.
DFS warns on profits, blames hot weather
DFS Furniture issued a profit warning on Thursday, blaming the recent hot weather for a drop in orders.
US initial jobless claims drop more than forecast
The number of Americans filing for unemployment benefits fell more than expected last week, according to data released by the Labor Department on Thursday.
London pre-open: Stocks to bounce back from heavy losses
London stocks looked set for a positive open on Thursday following heavy losses in the previous session on the back of renewed trade war concerns.
Computacenter sees 2018 results 'comfortably in excess' of previous expectations
Computacenter said on Thursday that 2018 results are likely to be "comfortably in excess" of the expectations it set out in its first quarter trading update following a strong start to the year.
Kepler downgrades PageGroup after strong run
Kepler Cheuvreux downgraded its stance on recruiter PageGroup to ‘hold’ from ‘buy’ on Thursday following a strong run, saying it expects to see a gradual slowdown in top-line growth.
US pre-open: Stocks set to recover as investors eye inflation data
US stocks looked set to bounce back from the previous session’s losses on Thursday as investors eyed the latest reading on inflation.
London midday: Stocks bounce back from heavy losses
London stocks had extended gains by midday on Thursday, bouncing back from the heavy losses seen in the previous session after tensions between the US and China escalated.
ASOS warns full-year sales growth will be at bottom end of guidance
Shares in fashion retailer ASOS tumbled on Thursday as it warned that full-year sales growth would be "towards the lower end" of its previous guidance for between 25% and 30%, but analysts argued that the drop in the share price was a good buying opportunity.
Rio Tinto to sell interest in Grasberg mine for $3.5bn
Rio Tinto has agreed to sell its stake in the Grasberg copper mine to Indonesia’s state mining company PT Inalum for $3. 5bn.
London open: Stocks recover from losses; Sky rallies as Comcast ups offer
London stocks edged higher in early trade on Thursday, bouncing back from the heavy losses seen in the previous session after tensions between the US and China escalated.