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Fed avoids providing timeline for start of 'tapering', FOMC minutes show
US central bankers began a discussion on when to start restricting their extraordinary policy support when they last met, the minutes of their gathering revealed.
Visits to UK shops flatline in June - BRC
Visits to UK shops flatlined in June as restrictions remained largely unchanged from the month before, an industry survey showed.
Europe close: Stocks slump on Covid-19 Delta variant worries
European stocks finished firmly in the red, alongside a retreat in government bond yields, amid growing concerns about the impact that the Covid-19 Delta variant will have on economic growth in the region - at least in the next few months.
Friday preview: China CPI, UK GDP in focus
Financial markets' focus at the end of the week will shift to China.
London close: Stocks in the red amid recovery concerns
London equity markets closed well into negative territory on Thursday, with cyclical stocks under pressure amid worries about the economic recovery, with investors digesting the latest weekly jobless claims numbers from across the pond late in the session.
Cryptocurrency company Circle to go public in SPAC deal
Cryptocurrency company Circle is to go public in SPAC deal through a merger with Concord Acquisition Corp.
Xiaomi raises $1.2bn via debt issuance
Chinese tech giant Xiaomi is set to raise around $1. 2bn by selling debt even as authorities in Beijing crack down on the country's technology giants.
IIF predicts voluntary carbon credits market to make $100bn a year by 2050
The Institute of International Finance believes that there is a huge economic potential for voluntary carbon credits and predicts it will become a $100bn a year market by 2050.
Bank of America creates dedicated cryptocurrency research team
Bank of America has put together a dedicated team for cryptocurrency research in a further sign of the asset class's increasing acceptance on Wall Street.
Broker tips: Croda, K3 Capital, TI Fluid Systems, Spirax-Sarco Engineering
HSBC upgraded Croda to 'buy' from 'hold' on Thursday and hiked its price target on the stock to 8,600. 0p from 6,100. 0p as it argued that the specialty chemicals group's strong near-term trading environment should continue to support the recent re-rating.
Director dealings: Gulf Marine Services chairman ups stake
Gulf Marine Services revealed on Thursday that chairman Mansour Al Alami had acquired 672,200 ordinary shares in the London-listed self-propelled lift boat operator.
Equals Group revenues rise despite depressed travel market
Technology-led payments group Equals updated the market on its first half of trading on Thursday, reporting revenues of £16. 7m, a 21% year-on-year increase despite the continued absence of meaningful travel-related activity.
Avingtrans ends year in line with raised market expectations
Energy, medical and industrial components and systems supplier Avingtrans said on Thursday that its results for the year ended 31 May were expected to be at least in line with market expectations, revised upwards following its interim results in February.
FTSE 250 movers: Cairn rises; TI Fluid hit by downgrade
London’s FTSE 250 was down 1. 5% at 22,620. 23 in afternoon trade on Thursday.
US open: Stocks head south, Treasury yields slide
Wall Street stocks opened sharply lower on Thursday amid rising global Covid-19 cases and falling bond yields.
Spanish health minister warns of higher hospitalisation risk for young
France warned its nationals from travelling to Portugal and Spain on Thursday in what some observers thought was yet another sign that the summer 2021 season was lost.
FTSE 100 movers: Miners in the red; Croda lifted by upgrade
London’s FTSE 100 was down 2% at 7,007. 21 in afternoon trade on Thursday.
Cairn Energy gets nod to seize €20m of Indian assets - report
Cairn Energy has been authorised to seize more than €20m of Indian state assets in France in a long running tax dispute, according to a report.
FCA fines Lloyds Bank insurance arm £90.7m for misleading customers
The Financial Conduct Authority has fined Lloyds Bank £90. 7m for misleading its insurance customers.
ECB raises inflation target in major strategy revamp
The European Central Bank revised its inflation target higher on Thursday, in the largest revamp of its policy strategy since 2003.
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