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UK consumer confidence hit by economic turmoil - GfK
Consumer sentiment has dropped sharply amid economic turmoil including fuel shortages and rising prices, a survey showed.
Europe open: Shares fall on Evergrande woes as Nel bucks trend
European shares opened lower on Thursday as the spectre of China Evergrande's debt mountain resurfaced to spook investors while cost inflation worries continued to hit sentiment.
Friday preview: Global factory and services PMIs, Airtel Africa in the spotlight
The focus in financial markets at the end of the week will be on a raft of preliminary readings for manufacturing and services sector activity surveys out of the euro area, UK and US for the month of October.
Europe close: Concerns around China Evergrande knock shares lower
European shares finished lower as the spectre of China Evergrande's debt mountain resurfaced to spook investors while cost inflation worries continued to hit sentiment.
London close: Evergrande-dented mood keeps stocks in the red
London stocks closed in negative territory on Thursday, amid concerns about floundering Chinese property giant Evergrande, after it failed to complete a $2. 6bn asset sale.
Director dealings: Reneuron Group non-executive makes share purchase
Reneuron Group revealed on Thursday that non-executive director Barbara Staehelin had acquired 43,000 ordinary shares in the AIM-listed cell-based therapeutics developer.
Broker tips: Rio Tinto, Crest Nicholson, Legal&General, AstraZeneca
Analysts at Berenberg cut their target price on mining giant Rio Tinto from 5,400. 0p to 5,000. 0p on Thursday, stating the firm appeared to be facing some "fairly meaningful headwinds" in the near-to-medium term from a financial standpoint.
FRC investigating BDO's audit of collapsed construction group NMCN
The Financial Reporting Council announced on Thursday that it has begun an investigation relating to BDO's audit of construction company NMCN.
FTSE 250 movers: Lancashire shares slide; Renishaw surges
London’s FTSE 250 was down 0. 1% at 22,950. 15 in afternoon trade on Thursday.
US open: Stocks mixed as jobless claims continue to slide
Wall Street stocks were mixed early on Thursday as weekly jobless claims surprised to the upside.
Rubix Group Holdings confirms plans to float on LSE
Rubix Group Holdings has confirmed its intention to float on the London Stock Exchange's main market via an initial public offering aimed at institutional investors outside the US.
Berenberg lowers target price on Rio Tinto, sees 'meaningful' financial headwinds
Analysts at Berenberg cut their target price on mining giant Rio Tinto from 5,400. 0p to 5,000. 0p on Thursday, stating the firm appeared to be facing some "fairly meaningful headwinds" in the near-to-medium term from a financial standpoint.
CareTech reports 'robust' end to financial year
Social care and education services provider CareTech reported a “robust” financial performance in line with market expectations for the financial year just ended on Thursday, as net debt was reduced to £259m.
FTSE 100 movers: L&G boosted by upgrade; Smiths goes ex-div
London’s FTSE 100 was down 0. 4% at 7,191. 39 in afternoon trade on Thursday.
Weekly US jobless claims continue trending lower
US jobless claims continued moving lower last week and appeared set to continue doing so, economists said.
Jefferies upgrades Legal & General to buy, says consensus overestimates risks
Analysts at Jefferies upgraded their recommendation for shares of Legal&General from ´hold´to ´buy, telling clients that it was the European insurer offering the most synergies thanks to its competitive advantage in annuities and asset management.
Philly Fed index drops more than expected in October
Manufacturing conditions in the Philadelphia region deteriorated a little more than expected in October, according to a survey released on Thursday.
AT&T beats forecasts as it lures phone subscribers
AT&T beat expectations for third-quarter earnings as the US communications conglomerate added phone customers and broadband accounts.
Ceres Power appoints Eric Lakin as new finance chief
Fuel cell and electrochemical technology company Ceres Power announced the appointment of Eric Lakin as its new chief financial officer on Thursday, joining the company and the board in January.
GB Group set to report higher first-half revenue
Identity technology company GB Group said on Thursday that total revenue for its first half was expected to be about £109m, representing an increase of 5. 3% year-on-year.
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