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FTSE rising on miners, airlines after US, Asia gains

FTSE indices continued yesterday's trudge higher in early deals on the back of improving miners and airline stocks, with several supermarkets, house builders and oil stocks also contributing. Wall St and Asian markets closed higher, supporting London's so-far positive impetus.

Go-Ahead profits up

Go-Ahead Group's overall profits rose by 11.1% in the year to 27 June, slightly ahead of its expectations as a result of a stronger performance in rail and record bus profits, up 6.6%.

Press Roundup

A brief summary of Thursday's main business headlines... Extensive coverage of global equities bouncing back after stormy September start, growth in the UK construction sector, Nissan planning further UK investment, plus commentary on Tesco, Glencore and Halfords and much more...

Dart's start

The good start that Dart Group made to the financial year has continued with strong summer trading in its Leisure Travel business, shareholders at the annual general meeting today will be told.

MTFB's designation

Motif Bio said the US Food and Drug Administration (FDA) has granted Fast Track designation for iclaprim intravenous (IV) to treat Acute Bacterial Skin and Skin Structure Infections (ABSSSI) and Hospital Acquired Bacterial Pneumonia (HABP).