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Shares in Southwest Airlines plummeted on Thursday after the carrier announced plans to pull out of four airports to improve its financial performance, as it reported a wider-than-expected loss for the fourth quarter and trimmed its annual guidance.
Mongolia-focussed oil company Petro Matad said in an update on Thursday that it was actively engaged with local government agencies to secure the necessary approvals from Matad District to kickstart its 2024 operational programme.
Economic activity in the U. S. slowed by more than anticipated at the turn of the year, while price pressures picked up.
French banking giant BNP Paribas delivered an increase in profits in its first quarter on stable revenues, as it reiterated its guidance for the full year.
Dispute avoidance and resolution consultancy Driver Group said in a trading update on Thursday that it expected to report revenue of £22. 5m for its first half, slightly down from £24. 2m a year earlier.
Anglo American surged on Thursday after it received an unsolicited non-binding and highly conditional £31. 1bn all-share takeover proposal from Australia’s BHP Group - a deal that would create the world’s largest miner and copper producer.
Shares in Inchcape surged on Thursday as the car dealer reiterated its annual outlook after a 5% rise in first-quarter revenues.
Turkey’s central bank left interest rates on hold on Thursday at 50% as it said it was keeping a close eye on inflation.
Americans lined up for unemployment benefits at a decelerated pace in the week ended 20 April, according to the Labor Department, dropping to the lowest level seen since February.
Micron Technology has secured more than $6bn in direct funding from the US government to help build leading-edge chip factories, it was announced on Thursday.
Analysts at Berenberg lowered their target price on household goods manufacturer Reckitt Group from 5,800. 0p to 5,100. 0p on Thursday, citing limited visibility going forward.
UK supermarket chain Sainsbury's said it expected to grow profits by 5-10% this year after delivering better-than-expected earnings for 2023/24.
Greek industrial and energy company Mytilineos said on Thursday that it was considering a potential secondary listing on the London Stock Exchange.
Wall Street futures were in the red ahead of the bell on Thursday as investors digested disappointing earnings from some of the tech industry's biggest names.
Deutsche Bank posted a jump in first-quarter pre-tax profit on Thursday, underpinned by a solid performance from investment banking.
The UK retail sector was hit by a surprise slump in sales in April, a closely-watched industry survey showed on Thursday.
A barrage of well-received corporate earnings and potential M&A activity in the mining sector gave London's FTSE 100 a boost on Thursday, with the index once again trading at record highs.
Cleaning firm React Group said on Thursday that revenues and profits had both grown in the six months ended 31 March.
European shares fell in early trade on Thursday amid a deluge of earnings, trading updates, disappointing results from US tech giant Meta and BHP's $38bn bid for rival mining giant Anglo-American.