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11 Jun
sberbank
Sberbank hails launch of first 'take and go' shop in Moscow

Sberbank hailed the successful launch of its pilot 'Take&Go' store, alongside retailer Azbuka Vkusa and Visa, at Moscow City's Federation Tower.

11 Jun
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Europe close: Shares hammered as investors mull risk of slower recovery

Stocks were pummeled after the US Federal Reserve forecast a prolonged recovery the night before and on the back of rising Covid-19 case numbers in the States even as some investors fretted about a potential second wave in the pandemic.

11 Jun
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Deutsche Bank ups targets for miners, positive on Chinese growth

Analysts at Deutsche Bank hiked their target prices for a raft of miners on Thursday, despite what it termed the "clear risks and uncertainties" around Covid-19 and the outlook for global demand.

11 Jun
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London close: Travel stocks drag benchmark lower

London stocks closed well into the red on Thursday, as a downbeat outlook from the US Federal Reserve and concerns about a second wave of Covid-19 weighed on sentiment.

11 Jun
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Director dealings: Kape Technologies director lowers stake

Kape Technologies revealed on Thursday that non-executive director Theodore Kim had disposed of 400,000 shares in the AIM-listed digital security and privacy software business.

11 Jun
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Broker tips: Hummingbird Resources, Hurricane Energy

Analysts at Berenberg reiterated their 'buy' rating on precious metals outfit Hummingbird Resources on Thursday, stating the firm's acquisition of the Kouroussa gold project in Guinea brought further diversification.

11 Jun
cb barrick gold
Berenberg reiterates 'buy' rating on Hummingbird Resources

Analysts at Berenberg reiterated their 'buy' rating on precious metals outfit Hummingbird Resources on Thursday, stating the firm's acquisition of the Kouroussa gold project in Guinea brought further diversification.

11 Jun
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US wholesale inflation continues to move lower in May

Factory gate inflation in the States surprised to the upside last month, boosted by increases in the cost of food and energy, but the underlying trend continued to point downwards.

11 Jun
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Inspiration Healthcare awarded grant towards cost of trials

Medical technology company Inspiration Healthcare Group announced on Thursday that ‘Project Wave’, which is developing a novel technology for a respiratory device designed to be used in neonatal intensive care, has been awarded a grant towards the cost of trials.

11 Jun
centrica 3
UK job cuts mount as Covid-19 takes its toll

UK job losses continued to mount in their thousands on Thursday as Centrica, Johnson Matthey and Bombardier became the latest companies to announce large reductions to their workforces in the Covid-19 crisis.

11 Jun
wall street
US open: Stocks tumble amid fears around second wave of coronavirus infections

Wall Street stocks opened sharply lower on Thursday amid an increased number of new Covid-19 cases in states emerging from lockdowns.

11 Jun
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Cohort subsidiary wins air base protection contract

Independent technology group Cohort said on Thursday that its wholly-owned subsidiary Chess Dynamics has been awarded a €7. 5m (£6. 72m) contract for its ‘Air Guard Counter-Unmanned Aerial Systems’ (C-UAS).

11 Jun
coins currency investment insurance business finance company
Le Pain Quotidien to close 10 UK locations in pre-pack administration

Most UK branches of Le Pain Quotidien have been saved from the brink of closure, it was revealed on Thursday, though around 200 people would lose their jobs in the deal.

11 Jun
edgar test 10
O'Mahony to retire as CEO of Origin Enterprises

Agricultural services provider Origin Enterprises said on Thursday that group chief executive officer Tom O'Mahony had told the board that after 13 years as group CEO, he would retire from his role and from the board by the end of the 2020 financial year.

11 Jun
centamin
FTSE 250 movers: B&M slides; Centamin on the rise

London’s FTSE 250 was down 2. 9% at 17,097. 46 in afternoon trade on Thursday.

11 Jun
babcock manufacturing defence
Babcock swings to loss, defers dividend on Covid-19 worries

Defence company Babcock swung to a loss said it would defer its decision on a final dividend until there was greater visibility on the impact to performance from the Covid-19 pandemic.

11 Jun
ep lufthansa adopta medidas extraordinarias para mitigar el impacto del coronavirus
Lufthansa to slash 22,000 jobs amid Covid-19 crisis

German flag carrier Lufthansa became the latest airline to announce massive job cuts as warned of a slow recovery from the impact of the coronavirus pandemic.

11 Jun
fibre optic broadband#
CityFibre to create 11,000 jobs in broadband rollout push

CityFibre, the Goldman Sachs-backed broadband infrastructure provider said it was creating 10,000 new jobs as it looked to deliver full-fibre broadband across Britain by 2025.

11 Jun
ep conectividad internet banda ancha
TalkTalk FY profits rise, dividend held as fibre sales grow

Telecoms group TalkTalk pulled guidance and set aside £15m for bad debts in 2021 in response to the coronavirus crisis but kept its dividend and reported a rise in core earnings on the back of higher fibre internet takeup.

11 Jun
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FTSE 100 movers: Travel stocks retreat; gold miners shine

London’s FTSE 100 was down 3% at 6,141. 01 in afternoon trade on Thursday.

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Important Legal Notice about News Sources

Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles and we may not share the views of the author or publisher.

We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.