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Shares on Wall Street showed signs of recovery on Wednesday, with all major indices edging higher amidst low trading volumes following three consecutive down sessions.
London stocks edged up in early trade on Thursday, as investors digested data confirming the UK fell into recession in the second half of last year.
Gambling group 888 has announced that it is selling its B2C operations in the US to online sports betting and interactive gaming company Hard Rock Digital after a strategic review of the business, causing shares to jump on Thursday.
UK retailer JD Sports Fashion warned of “challenging” trading conditions after a weak January resulted in flat like-for-like fourth-quarter sales.
Electrical retailer AO World said on Thursday that FY24 adjusted pre-tax profit was set to be "at least" at the top end of the guided range of £28m to £33m.
Britain's Competition and Markets Authority on Thursday said it would not open an in-depth investigation into Aviva's £460m acquisition of AIG Life UK.
The UK economy fell into recession in the second half of last year, according to final figures released on Thursday by the Office for National Statistics.
Keysight Technologies has reached a deal to buy Spirent Communications for £1. 16bn, outbidding US peer Viavi Solutions which had already agreed to take over the UK telecoms group earlier this month.
London stocks were set to rise at the open on Thursday following a positive session on Wall Street, as investors digested data confirming the UK fell into recession last year.
London open The FTSE 100 is expected to open 29 points higher on Thursday, having closed up 0. 01% on Wednesday at 7,931. 98.
Millions of households are being urged to submit meter readings to their energy supplier this weekend to ensure they do not overpay when cheaper prices come in on Monday. The consumer champion Martin Lewis is among those urging people to get their phones, pens and notepads out so that they benefit fully from the 12. 3% cut to the Ofgem energy price cap, which is altered quarterly. – Guardian.