Sainsbury's lifts profit guidance after robust first half
J Sainsbury’s posted improved interim sales and profits and lifted annual guidance on Thursday, as robust grocery sales helped offset weaker demand for homewares and clothing.
LSEG to buy Octus from Permira for $3.5bn, lifts full-year guidance
London Stock Exchange Group announced on Thursday that it has agreed to buy credit specialist Octus from Permira for $3. 5bn, as it lifted its full-year guidance.
Barclays Q3 profit misses expectations amid weakness in fixed income
Barclays reported a slightly lower-than-expected third-quarter profit on Thursday following a strong performance in equities but weakness in fixed income, as it announced a £500m share buyback.
Barclays launches £500m buyback as profits rise, Relx reiterates FY outlook following strong YTD performance
LONDON PRE-OPEN The FTSE 100 was expected to open 42. 1 points lower ahead of the bell on Thursday, after wrapping up the previous session 0. 19% higher at 10,752. 88.
London pre-open: Stocks set to fall as investors digest slew of corporate updates
London stocks were set to fall on the open on Thursday, following a slew of Wall Street earnings overnight and ahead of a similarly busy day for corporate updates in the UK.
Thursday newspaper round-up: AI companies, Waitrose, gas standing charges
AI companies have told ministers they have 12 months to head off public opposition to datacentres in the UK or risk US-style protests that could threaten their construction. Successive dry summers and rising energy bills are increasing public scrutiny of plans for the huge computer warehouses that are used to train and run AI models, says a submission to the Labour government from a group including the AI infrastructure companies Nvidia, Microsoft and Cisco. – Guardian.