Like the weeble toy of old, the Dow Jones wobbles but does not fall down for long, as Wall Street bounced back from the prior session's losses to record another new high on Thursday ahead of bank earning season the next day and as the dollar took a bruising.
P2P Global Investments director Michael Cassidy bought £124,500 worth of shares in the investment company as it continued to rally on the back of share buybacks and the new strategy announced in late November.
Blockchain company Ripple announced on Thursday that it had finalised an agreement with Texan funds transfer giant MoneyGram that would see Ripple's digital currency XRP, which had soared in value since the beginning of December despite questions regarding its practical uses, be used to provide liquidity to financial institutions.
Carillion's pensions trustees will hold talks with the government and pensions regulators as the construction group battles to avoid breaching its banking terms.
Google parent Alphabet has acquired a Cambridge startup that develops technology to turn surfaces, such as screens, into speakers.
Share prices in London nudged higher on Thursday as strength from miners and defence companies offset weak retailers and housebuilders following uninspiring updates from Tesco, Marks & Spencer and Barratt Developments.
Cyclicals are pacing gains, led by miners and aerospace and defence issues.
African-focussed mining group Kenmare Resources achieved production guidance for all products last calendar year, achieving record production levels of ilmenite, rutile and zircon in the process.
European stocks closed lower on Thursday as retail stocks pulled indices lower after gloomy Christmas trading updates.
Bitcoin's value dived 13. 5% on Thursday after South Korean officials revealed the nation was planning to ban trading of the cryptocurrency.
Intellectual property commercialisation company Allied Minds has found two investors to take up $10. 28m of the $22. 8m convertible bridge facility commitment it was offering to one its its subsidiary companies.
International students’ spending supports local UK economies with an average of £102,000 per student, new research has found.
US stocks rose in early trade on Thursday, recovering from the previous session's losses as the Dow and Nasdaq hit fresh intraday highs.
The FTSE was flat on Thursday as miners helped offset a heavy fall in Marks & Spencer shares and other retailers who piled in with gloomy trading updates.
The FTSE 250 was down 0. 2% to 20,727. 69 in afternoon trade on Thursday as investors sifted through trading updates.
Friday's corporate cupboard is expected to be almost bare, though retailer B&M and housebuilder Bovis should provide investors something to chew on.
AIM-listed retailer Footasylum saw the strong growth reported in its first trading half continue into the second as third-quarter revenues grew 33. 4% over the same period a year earlier.
Analysts at Numis Securities downgraded Greene King and Mitchells and Butlers on Thursday as the brokerage grew increasingly cautious on managed pubs given the sector's above-average exposure to labour costs and high operational gearing.
Speciality chemicals group Croda International has made two technology acquisitions for an undisclosed sum.
Morgan Stanley upgraded Anglo American to 'overweight' from 'equalweight' on Thursday and lifted the price target to 1,900p from 1,600p.