Latest News
EU vote blocks copyright reform and saves tech giants from payouts
The European Parliament has rejected a proposed internet copyright law that would have forced tech giants such as Google, YouTube and Facebook to increase payouts over royalties.
Ryanair cabin and ground crew announce European strikes this month
Ryanair cabin and ground crew from Spain, Italy, Portugal and Belgium have announced coordinated strikes for July in an escalation of the airline’s labour dispute.
FX round-up: Pound slips despite rising odds for August BoE rate hike
Sterling strengthened on Thursday - but later fell back - as the Governor of the Bank of England left the door open to a hike in Bank Rate when the Monetary Policy Committee.
Friday preview: Chequers, US China tariffs in focus
Investors' focus on Friday will be on whether the Prime Minister and her cabinet can thrash out an agreement on what sort of customs arrangement they pretend to extract from Brussels for after Brexit.
Commodities: US China tariffs will go into effect at the stroke of midnight
Commodities were trading on the back foot ahead of the expected launch of America's tariffs on $34bn-worth of Chinese-made goods at 0501 BST on Friday, with the reaction from Beijing likely to follow soon thereafter.
WTI crude oil futures slip after unexpected stockpile build
US crude oil stockpiles registered an unexpected build last week as net imports rose sharply and rates of refinery use dipped.
FTSE 250 movers: Sophos slammed as mid-caps slide
London's FTSE 250 index underperformed its larger sibling and its European and US cousins on Thursday.
World Cup preview: Uruguay v France, Brazil v Belgium
After two unbearable days of no football, in which most England fans have hopefully recovered from one drink too many and stress-induced headaches, the World Cup returns on Friday for the first two quarter-finals.
Europe close: Stocks gain despite simmering EU-US trade tensions
Car stocks paced gains on the Continent on Thursday after it was reported that the US instructed its ambassador in Germany to try and broker a solution between Berlin and Brussels on auto sector tariffs.
Results round-up
MJ Gleeson said its annual results would easily meet market expectations after both the company’s businesses performed strongly.
Broker tips: Associated British Foods, Standard Life Aberdeen
As retail arm Primark continues its top-line growth while managing to rebuild its margins, analysts at Credit Suisse were reassured that parent company Associated British Foods to grow profits in spite of the volatility affecting its sugar business.
London close: FTSE recoups losses as miners march higher
Share prices in London meandered higher on Thursday as the stock market continued its back and forth pattern, with miners shovelling on the gains and the pound failing to hold onto gains after comments from Bank of England Governor Mark Carney.
FTSE 100 movers: Miners dig way out of a hole, builders subside
The FTSE 100's preponderance of mining giants boosted performance of the UK benchmark on Thursday.
Businesses fear for UK's post-Brexit service sector as May meets Merkel
As Theresa May’s cabinet prepare to decide their final strategy for a possible post-Brexit customs agreement with the EU, businesses in the UK are turning up the pressure on the Prime Minister.
Downing Street cracks down on ticket touts with new ban on bots
New legislation coming into force on Thursday has banned ticket touts from using automated software to buy more tickets for events than allowed.
Director dealings: Former NewRiver chief executive ups stake
David Lockhart, executive deputy chairman of NewRiver Real Estate Investment Trust, purchased 17,600 ordinary shares in the firm on Thursday.
Centrica Business chief executive announces retirement
Mark Hanafin, chief executive of Centrica Business, a subsidiary of energy and services firm Centrica, intends to retire from the London-listed group at the end of March 2019.
Credit Suisse 'confident' on AB Foods following improved third quarter
As retail arm Primark continues its top-line growth while managing to rebuild its margins, analysts at Credit Suisse were reassured that parent company Associated British Foods to grow profits in spite of the volatility affecting its sugar business.
Berenberg feels Standard Life is 'not that cheap', cuts target
Analysts at Berenberg asked themselves on Thursday just how cheap Standard Life Abderdeen is and duly lowered their target price.
US employment up 177,000 in June as firms struggle to find employees
Private payrolls in the United States grew by a respectable 177,000 in June but companies are struggling to find enough new employees according to data from payroll processor ADP’s monthly employment report.