Allied Minds, which is backed by fund manager Neil Woodford, has overhauled its board of directors, filling the chair and senior independent director roles 10 days after it named co-chief executives, to take on and execute its rejigged strategy and cost-cutting targets.

Online food delivery group Delivery Hero has raised its full year sales guidance for a second time in two months, after it said the number of new customers ordering off its platform had jumped more than anticipated.

Homeware retailer Dunelm has upgraded its forecasts for a second time in two months, with good weather helping to drive strong trading.

Chinese stocks and the renminbi strengthened on Thursday, as investors cheered expectations of easier US monetary policy, a thaw in trade tensions and a new trading link between Shanghai and London. 

The Bank of Japan has shrugged off the US Federal Reserve’s shift to a dovish stance as it kept monetary policy on hold at its June meeting.

Norway’s central bank is set to move counter to fellow policy setters of other major economies as it stands poised for a third interest rate rise within a year, and its second of a possible three that some predict for 2019.

Gold prices hit their highest intraday level in more than five years on Thursday, lifted by expectations the US Federal Reserve will ease monetary policy this year following dovish signals on Wednesday. 

Currencies across Asia-Pacific were broadly higher against the US dollar on Thursday following dovish signalling from the Federal Reserve that prompted the greenback to weaken. 

US 10-year Treasuries extended their rally in Asia trading on Thursday, sending yields to their lowest level since 2016, coming after the Federal Reserve signalled a more dovish outlook overnight. 

New Zealand’s economy grew in line with forecasts in the first three months of 2019 thanks to an uptick in construction that offset slower growth in services.

Brazil’s central bank kept its benchmark interest rate at a record low on Wednesday, shrugging off pressures calling for monetary stimulus as the economy struggles to recover from a brutal recession.

Business software maker Oracle claimed headway in shifting its applications to the cloud on Wednesday, as it reported stronger than expected revenues and earnings in its latest quarter.

US stocks and government bonds climbed on Wednesday after the Federal Reserve adopted a more dovish stance on interest rates, a day after a signal of more potential stimulus from the European Central Bank sparked one of the strongest global rallies of the year.

The Federal Reserve cuts its forecast for US price growth, mirroring the central bank’s dovish shift on interest rates.

The Federal Reserve on Wednesday ditched its language about a “patient” approach to policy and said it would “act as appropriate to sustain the expansion”.

The Federal Reserve on Wednesday signalled no interest rate cuts this year but signalled easing in 2020 following its two-day monetary policy-setting meeting.

US government bond yields eyed multiyear lows and stocks rallied in the wake of the Federal Reserve adopting a dovish outlook but ultimately keeping interest rates on hold at its meeting today.

The international governing body for Rugby Union has been forced to drop a £6bn deal to create a new annual tournament dubbed the Nations Championship, in a move that will strengthen plans by private equity group CVC to gain commercial control over the sport.

The analyst who brought about the near collapse of Noble Group has turned his attention to Trafigura, a much bigger commodity trader that in his opinion has been inflating the value of assets to help manage a huge debt pile.

The universe of negative-yielding bonds has jumped to a new record of $12.5tn, after the European Central Bank poured more fuel on the global fixed income rally by hinting that it could restart its “quantitative easing” programme.

Last year brought some big retail bankruptcies including that of 125-year-old company Sears. By volume, however, 2019 so far has already outpaced the comparable year-ago period, with companies like footwear retailer Payless and US children’s clothing chain Gymboree filing for bankruptcy.

Former French president Nicolas Sarkozy is to stand trial on accusations of peddling influence after a final appeal was rejected by courts on Wednesday.

Robert Lighthizer, the US trade representative, said Washington was “ready to engage” with Beijing ahead of a high-stakes meeting between Donald Trump, the US president, and Xi Jinping, the Chinese president, at the G20 summit in Osaka, adding that there was a shared goal to “resolve” the trade dispute.

The challenge facing Elliott Management to turn around Barnes & Noble was on display, with the bookstore chain reporting weaker revenue and a steeper net loss in its most recent quarter than the market had forecast.