Latest News
Uber accelerates move into public transit with Routematch acquisition
Ride-hailing giant Uber snatched up software developer Routematch for an undisclosed sum as it branches out into the software-as-a-service space.
Europe close: Stocks dip after weak Chinese consumption figures
Stocks across the Continent finished slightly lower but off their session lows after the European Central Bank signalled that monetary stimulus was still needed given the downside risks to the economy.
Friday preview: EU leaders' summit in focus
The market spotlight at the end of the week will be firmly on the start the three-day summit between European Union leaders.
Director dealings: Boohoo executives buy shares amid controversy
Online retailer Boohoo revealed on Thursday that multiple directors had upped their stake in the AIM-listed group that same day.
Russian hackers linked to attempt to steal Covid-19 research
Computer hackers widely-believed to be linked to Russian intelligence services have been accused of trying to steal other countries research into a Covid-19 vaccine.
London close: Stocks close weaker as investors digest jobs data
London stocks closed in the red on Thursday, as investors mulled the latest UK jobs data, as well as US employment numbers that were little changed, and economic growth figures out of China.
Broker tips: Fevertree, GVC Holdings
JPMorgan Cazenove downgraded its rating on shares of posh tonics maker Fevertree to ‘underweight’ from ‘neutral’ on Thursday following "significant" outperformance year to date.
WANdisco wins Azure contract with large global insurer
Data company WANdisco announced a new contract win with an unnamed insurer on Thursday, described as “one of the world’s largest”, as well as continued customer momentum for the public preview of the ‘LiveData Platform’ for Microsoft’s Azure cloud computing service.
Oriole Resources pleased with latest drilling at Pandora
West Africa-focussed exploration company Oriole Resources has received phase 3 drilling results for the Pandora epithermal gold project in Djibouti, it announced on Friday.
Savannah upbeat on latest lithium testing at Mina do Barroso
Savannah Resources said on Thursday that the ongoing metallurgical test work programme associated with its Mina do Barroso Lithium Project was continuing to produce “excellent” results, although it was facing Covid-19 related delays with some of its testing.
Eagle Eye Solutions sees 'significant improvement' in FY earnings
Real-time marketing group Eagle Eye Solutions said on Thursday that it had seen a "significant improvement" in underlying earnings in the year ended 30 June.
OptiBiotix extends distribution agreement with CTC Group
OptiBiotix Health announced on Thursday that its wholly-owned subsidiary ProBiotix Health has extended the terms, territories, and products from its distribution agreement with the CTC Group, for the sale of ‘CholBiome X3’.
FTSE 250 movers: Dunelm gains; Micro Focus loses ground
London’s FTSE 250 was down 0. 3% at 17,363. 27 in afternoon trade on Thursday.
US open: Stocks head south following Asian sell-off
Wall Street stocks opened lower on Thursday following a drop in Asian indices overnight.
FTSE 100 movers: GVC loses ground; SSE bucks the trend
London’s FTSE 100 was down 0. 4% at 6,266. 72 in afternoon trade on Thursday.
Kent customs site to be used as lorry park despite government denial
The Department for Transport purchased a site in Kent that it will use as a Brexit border facility and confirmed it will also be used as a lorry park days after minister Michael Gove denied the claims.
European court strikes down EU-US data sharing deal
The main agreement companies use to transfer data between Europe and the US has been ruled invalid by the European Union’s highest court over surveillance fears.
PizzaExpress to shut down over 50 UK restaurants
PizzaExpress is planning on shutting down over 50 UK outlets as part of a financial restructuring to combat the effects of the pandemic crisis.
Europe midday: Shares off lows as ECB reiterates support for stimulus
Stocks across the Continent were trading slightly lower come Thursday afternoon, but had come off their session lows after the European Central Bank signalled that monetary stimulus was still needed given the downside risks to the economy.
US retail sales move back into the black for the year in June
American consumers continued to splash out at a much faster than expected pace last month.
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