LONDON British engineering company Rolls-Royce (RR.L) posted an 80 percent drop in first-half profit - ahead of expectations - and stuck to guidance that its profit performance would recover in the second-half of the year.
The FTSE 250 has come close to erasing its post-Brexit vote losses thanks to a remarkable rally triggered by the UK economy's strong performance in the second quarter.
Approval of Hinkley Point has been delayed due to worries about EDF's finances. Photograph: EDF Energy/PA. Staff and agencies.
Britain's shock decision to leave the EU failed to significantly rattle house prices this month, according to Nationwide, whose latest survey showed average prices edged up 0.5 per cent from June.
TOKYO Asian stocks were mostly lower on Thursday as Chinese equities deepened their losses, souring risk sentiment that had improved earlier after the Federal Reserve provided a positive assessment of the U.S.