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Markets

LSE Volume: 63 M
Avg Vol: 4,558 M -99%
Fallers
40
Unchanged 1
Risers
24

FTSE100 tipped to creep higher this morning

The headline index is tipped to open cautiously higher this morning, according to financial websites, with recent hawkish comments from Mark Carney and today’s OPEC meeting likely to stifle any major advance, as Wall St surged ever higher overnight on a glut of economic data, while Asia opened firmly down…

Thomas Cook narrows FY loss, appoints new CEO

Thomas Cook Group has booked a FY pretax loss of £114m, from a loss of £163m a year ago. Revenue was £8.6bn, from £9.3bn. CEO Harriet Green is leaving the company immediately and will be replaced by COO Peter Fankhauser, it said.

The Press Roundup

A brief summary of Thursday’s main business headlines... Extensive coverage of today's OPEC meeting to determine oil production levels, the Thomas Cook share plunge after the shock departure of its chief exec, Ebola vaccine trials and much more…

Mining Roundup

Sirius Minerals (SXX) has narrowed its H1 pretax loss to £6.7m, from a year-earlier loss of £8.5m. Revenue was nil and most of the losses were attributable to administrative expenses.

Oil, Gas Roundup

IGas Energy (IGAS) posted H1 revenues of £34.5m, from £36.2m a year ago. Output was 489,389 barrels of oil, with c.7,730 Mwh of electricity sold, which together represents an average of 2,766 boepd (2013: 2,704 boepd).