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Saudi Aramco said to consider fuel unit IPO
Saudi Aramco is reportedly considering selling a stake in its retail fuels and lubricants business, and could list shares on the Riyadh stock exchange.
Broker tips: CVS Group, Impax Asset Management
Analysts at RBC Capital Markets has raised their target price on veterinary services provider CVS Group from 2,750. 0p to 3,100. 0p.
Wet weather puts dampener on retail footfall in September
The recovery in retail footfall stalled in September, according to fresh data on Friday, with wet weather dampening the propensity of consumers to head out and open their wallets.
Friday preview: U.S. non-farm payrolls in focus
Financial markets' focus at the end of the week will be on the September non-farm payrolls report in the US that might set the stage for the Federal Reserve to begin tapering its asset purchases, paving the road for an eventual interest rate hike, possibly towards the end of 2022.
US close: Markets firmer as jobless claims surprise to the downside
Wall Street stocks were in positive territory at the close on Thursday, as Congress reached agreement to stave off US debt limit for the time being, avoiding a government default, with jobless claims surprising to the downside.
US pre-open: Futures in the green as Congress offers to temporarily suspend debt ceiling
Wall Street futures were in the green ahead of the bell on Thursday as Congress looked to be nearing an agreement to raise the US debt limit and avoid a government default.
Europe open: Stocks rally on US debt ceiling hopes, lower oil
European stocks rebounded strongly from Wednesday’s losses at the opening on Thursday as lower oil and gas prices gave some respite to investors.
London midday: Stocks maintain gains; miners rally
London stocks were still firmly in the black by midday on Thursday amid hopes for a deal on the US debt ceiling and as worries about energy prices eased.
CMA pulls BA/Ryanair Covid refund probe as law 'lacks clarity'
Britain’s competition regulator has dropped its investigation into British Airways and Ryanair’s refusal to refund passengers during the Covid crisis after concluding that the law lacked clarity.
Shell warns of hit to earnings from Hurricane Ida, but sees cash boost
Royal Dutch Shell on Thursday said the impact of Hurricane Ida would hit earnings by $400m, but expected a third quarter cash flow to be boost from power and gas trading as prices surged.
Volution profits double on climate change, Covid awareness
Ventilation equipment maker Volution said annual profits more than doubled on the back of more awareness of climate change and the need for cleaner air indoors during the Covid pandemic.
BlueRock sells 7.1 carat diamond for $64,826
BlueRock Diamonds said on Thursday that it sold a 7. 1 carat stone for $64,826 in the September tender.
Central Asia Metals reports strong third-quarter production
Central Asia Metals updated the market on operations in the third quarter at its Kounrad dump leach, solvent extraction and electro-winning (SX-EW) copper recovery plant in Kazakhstan, as well as the Sasa zinc-lead mine in North Macedonia on Thursday.
Robert Walters sees FY profit ‘comfortably ahead’ of market expectations
Recruiter Robert Walters said on Thursday that full-year profit was set to be "comfortably ahead" of market expectations after strong third-quarter trading.
London close: FTSE back above 7,000 as energy prices ease
London stocks climbed back above the 7,000 mark by the close on Thursday, as a temporary deal on the US debt ceiling was reached, while worries about energy prices eased.
House prices rise at fastest pace since February 2007 - Halifax
House prices rose in September at the fastest monthly pace since February 2007 amid a "race for space" as the stamp duty holiday drew to a close, according to a survey released on Thursday by Halifax.
Fusion Antibodies signs collaborative deal with US biotech firm
Preclinical antibody discovery and supply company Fusion Antibodies has signed a collaborative research and development agreement with an unnamed US-based biotechnology company which was recently incorporated to focus on a number of innovative early-stage antibody programmes, it announced on Thursday.
FTSE 250 movers: Tui travels higher; CMC Markets loses ground
London’s FTSE 250 was up 0. 5% at 22,498. 71 in afternoon trade on Thursday.
RBC Capital Markets raises target price on CVS Group
Analysts at RBC Capital Markets has raised their target price on veterinary services provider CVS Group from 2,750. 0p to 3,100. 0p.
US open: Stocks trade higher as debt ceiling agreement nears and jobless claims surprise to the downside
Wall Street stocks were in the green shortly after the bell on Thursday as Congress looked to be nearing an agreement to raise the US debt limit and avoid a government default and jobless claims surprised to the downside.
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