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Savannah says Portuguese lithium project potentially 'major' producer
AIM-quoted resource development company Savannah Resources said on Thursday that its Mina do Barroso lithium project in Northern Portugal has the potential to be a "major European producer" of spodumene lithium.
Immigration rules to be relaxed to help NHS hire non-EU doctors
Immigration rules are being softened to allow more non-EU doctors into Britain to relieve the NHS, home secretary Sajid Javid said on Thursday.
Director dealings: LSL Property chairman ups stake
Simon Embley, chairman of the UK's second-largest estate agent chain LSL Property Services, purchased 675,924 ordinary shares in the firm on Thursday, increasing his total shareholding in the firm to 6. 77m ordinary shares, or 6. 51% of its issued share capital.
Commodities: Saudi and Russia signal potential for deal to raise output
Commodities sank as Russia and Saudi Arabia said a deal between major producers to boost their oil output might be on the cards and the US dollar raced back towards its best levels in almost a year.
Results round-up
Revolution Bars was under the cosh on Thursday as it warned that adjusted earnings for the year would be in line with last year's results and below analysts' expectations amid challenging trading conditions, with the blamed laid on weather and the absence of a CEO.
Europe close: Stocks jump as ECB delivers 'dovish' end to QE
Stocks bounded higher on Thursday after the European Central Bank surprised markets by signalling that interest rates were very unlikely to head higher before September of 2019.
FX round-up: Sterling jumps against euro, US dollar leaps against Argentine peso
Sterling had a torrid run against the single currency on Thursday, after the European Central Bank managed to again catch foreign exchange traders on the hop by delivering a 'dovish' end to its plans to end quantitative easing.
World Cup preview: Portugal v Spain, Egypt v Uruguay, Morocco v Iran
The second day of the World Cup brings three games and the promise of the competition’s first meeting of two footballing giants as Portugal and Spain meet in the evening fixture, preceded by an intriguing match-up between Egypt and Uruguay.
London close: Shares shoot higher after ECB kicks hikes into long grass
London stocks climbed back to their feet on Thursday afternoon along with continental peers after the European Central Bank said it was unlikely to raise rates before autumn next year.
Wynnstay Properties records drop in profits despite increased property income
Property investment firm Wynnstay Properties on Thursday revealed a drop in profits, despite an increase in property income due to new acquisitions in its financial year ended 25 March.
Broker tips: Unilever, Halma
After Unilever warned that organic revenue growth in the first half of the year will be below the bottom end of its 3-5% medium-term guidance range, analysts at RBC Capital Markets said it indicated the company will find it tough to hit revenue and margins targets.
Berenberg ups target price on 'impressive' Halma
Halma's last set of full-year results marked the 15th consecutive year of record revenue, EBIT and earnings per share, and despite the firm's dividend moving into its 39th consecutive year of growth above 5%, the standout metric to analysts at Berenberg was the group's 10% organic growth, nearly double the broker's forecast of 5. 2%.
Samsung to commit to using 100% renewable energy
Samsung announced today its plan to commit to 100% renewable energy in the US, Europe and China by 2020 as the South Korean giant succumbs to months of global protests.
US open: Stocks go green following losses in previous session
Wall Street trading began on a positive note on Thursday following losses that came in the previous session after a somewhat hawkish update from the Federal Reserve.
Xtract Resources lauds 'substantial' improvement in gold production
Metals and minerals producer Xtract Resources on Thursday confirmed a "substantial" improvement in current quarter alluvial mining contractor gold production to date at the Manica concession.
ECB announces end of QE, interest rates to be unchanged at least through mid-2019
The European Central Bank has decided to end its asset purchase programme at the end of 2018, although interest rates will remain at their current levels - at least - "through" the summer of 2019.
Market buzz: EU tariffs, US yields lower, ECB surprise, OPEC, Brexit
1606: EU has reportedly reached an agreement on retaliatory trade tariffs against US made goods.
CyanConnode gets another European purchase order
Narrowband radio mesh networks company CyanConnode announced a purchase order worth €0. 18m from one of its existing partners - an unnamed “industry leader” in energy management solutions - for a smart metering deployment for a European utility on Thursday.
EQTEC selected as exclusive supplier for Hanoi power plant
Waste gasification-to-energy technology company EQTEC has signed a memorandum of understanding (MoU) with Pt. CITRA Metro Jaya Energi, which is part of the Energy division of the Indonesian Citra Metro Group, to supply its ‘EQTEC Gasifier Technology’ (EGT) for a 12 MWe power plant in Hanoi, Vietnam.
FTSE 100 movers: Rolls-Royce rallies but Pearson hit by downgrade
London's FTSE 100 was up 0. 9% to 7,770. 48 in afternoon trade on Thursday as investors mulled over better-than-expected UK retail sales figures and news that the ECB will end it quantitative easing programme at the end of the year.