Petropavlovsk H1 production shines as board battle rages on

Troubled Russian miner Petropavolvsk said total gold production remained on track to meet its full year production target after a 42% rise in second quarter output.

US close: Stocks slide following jobless data

Wall Street stocks closed lower on Thursday following the release of this week's jobless claims data and some key corporate earnings.

Friday preview: Global PMIs, IMI in focus

The market spotlight at the end of the week will be on the release of a raft of global manufacturing and services sector surveys referencing the month of July.

Europe closes: Stocks little changed amid geopolitical tensions

Stocks in Europe finished mostly lower on Thursday although losses were marginal.

Twitter admits hackers accessed celebrities' DMs

Twitter has admitted that the hack carried out last week that affected over 100 of high-profile accounts did manage to access direct messages.

Carnival locks in new plans for fleet, sells vessels

Cruiseline operator Carnival Cruise said on Thursday that new plans for its fleet were now locked in place, with a confirmed date for an additional Excel-class, LNG-powered ship arriving in November 2022.

London close: Stocks finish higher as US-China tensions escalate

London stocks finished in the green on Thursday, despite escalating tensions between the US and China, as investors sifted through a veritable tsunami of corporate news.

Broker tips: Close Brothers, Begbies Traynor

Analysts at Berenberg slightly lowered their target price on merchant bank Close Brothers from 1,170 to 1,100 on Thursday but stated the group appeared to be "weathering the storm".

Director dealings: Netcall chairman makes share purchase

Dyson to cut 900 jobs as consumer habits move online

Dyson announced it was cutting 900 jobs globally on Thursday, with 600 of those in the UK, citing the Covid-19 crisis as hastening its ongoing restructure.

Strix Group upbeat after 'resilient' first half

Kettle safety control company Strix Group updated the market on its first half on Thursday, reporting a “resilient” performance, with a marked recovery and “solid performance” in June.

FTSE 250 movers: Petropavlovsk gains; IG Group loses ground

London’s FTSE 250 was up 0. 1% at 17,487. 20 in afternoon trade on Thursday.

Canaccord Genuity slightly lowers target price on 'buy' rated Begbies Traynor

Analysts at Canaccord Genuity slightly lowered their target price on business rescue and recovery specialist Begbies Traynor on Thursday but retained its 'buy' rating on the group.

NAHL agrees new covenants after tough first half

Consumer legal services company NAHL Group updated the market on its first half on Thursday, saying the results were “significantly impacted” by Covid-19.

Helical pleased with rent collection as tenants return

Helical said on Thursday that it has collected 77. 3% of the June quarter rent, with agreements in place for a further 13. 6% to be paid in instalments in the period leading up to the September quarter day.

FTSE 100 movers: Unilever rallies on results; Relx retreats

London’s FTSE 100 was up 0. 2% at 6,221. 76 in afternoon trade on Thursday.

US open: Stocks retreat following surprise increase to jobless claims

Wall Street stocks were lower at the opening bell on Thursday following the release of this week's jobless claims data and some key corporate earnings.

W Resources shares plunge after 'significant' Covid impact

Spain and Portugal-focussed tungsten, tin and gold mining company W Resources updated the market on production in the second quarter for the La Parrilla mine in Spain, as well as its tungsten, tin and gold projects in Portugal on Thursday, saying the period was “significantly impacted” by the Covid-19 state of emergency in Spain.

Thursday broker round-up

Stagecoach Group: Peel Hunt upgrades to buy with a target price of 70. 0p.

Weekly US jobless claims register first rise since March

Initial jobless claims in the US rose modestly and somewhat unexpectedly during the previous week, marking the first increase since March.