Market Report
US close: Dow Jones rebounds from China 'fake news' on bond buying
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.
Director dealings: P2P's Cassidy backs new trategy
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 inks strategic deal with MoneyGram
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 in talks with banks, government and pensions regulators - reports
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 quietly buys UK startup Redux
Google parent Alphabet has acquired a Cambridge startup that develops technology to turn surfaces, such as screens, into speakers.
London close: Stocks edge higher as finer miners mask retail wails
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.
Sector movers: Miners, aerospace & defence pace gains
Cyclicals are pacing gains, led by miners and aerospace and defence issues.
Kenmare lowers 2018 guidance after consecutive year of record production
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.
Europe close: Stocks lower as retailers weigh heavy; euro up on ECB comments
European stocks closed lower on Thursday as retail stocks pulled indices lower after gloomy Christmas trading updates.
Bitcoin dives double-digits as South Korea plans cryptocurrency ban
Bitcoin's value dived 13. 5% on Thursday after South Korean officials revealed the nation was planning to ban trading of the cryptocurrency.
Allied Minds syndicates $10.28m of Spirit bridging facility
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.
Foreign students add £20bn to UK economy
International students’ spending supports local UK economies with an average of £102,000 per student, new research has found.
US open: Dow, Nasdaq hit record highs as investors eye earnings season
US stocks rose in early trade on Thursday, recovering from the previous session's losses as the Dow and Nasdaq hit fresh intraday highs.
FTSE 100 movers: Miners shine brightly over gloomy retailers
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.
FTSE 250 movers: Ultra Electronics rallies on update but Card Factory slides
The FTSE 250 was down 0. 2% to 20,727. 69 in afternoon trade on Thursday as investors sifted through trading updates.
Friday preview: Bovis looks to avoid third profit warning, tough task for B&M
Friday's corporate cupboard is expected to be almost bare, though retailer B&M and housebuilder Bovis should provide investors something to chew on.
Footasylum shares dip as strong sales growth leads to spate of profit taking
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.
Numis downgrades Greene King and M&B as it grows more cautious on managed pubs
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.
Croda buys Canadian marine biotechnology group and Finnish tech supplier
Speciality chemicals group Croda International has made two technology acquisitions for an undisclosed sum.
Morgan Stanley ups Anglo American to 'overweight'
Morgan Stanley upgraded Anglo American to 'overweight' from 'equalweight' on Thursday and lifted the price target to 1,900p from 1,600p.