Full List Of Stories
NatWest shares fall on deposit outflows, despite forecast-beating Q1 profit
Shares in NatWest fell in early London trade despite the UK bank reporting better-than-expected first-quarter profit driven by higher interest rates, although there was a sharp drop in deposits as customers chased better rates as incomes were squeezed by rising inflation.
Rotork sees FY slightly ahead as Q1 sales rise on strong order book
Specialist engineer Rotork said it expected adjusted operating profit to be slightly ahead of expectations driven by strong order intake.
Co-op Bank profit, income rise on higher interest rates
Profits and income both jumped at the Co-operative Bank as it became the latest lender to benefit from higher interest rates and borrowing costs.
Europe midday: Shares slide into red on weaker banking stocks
European shares were pulled into the red by midday on Friday as banking stocks fell out of favour and despite the eurozone defying expectations that it would enter recession due to the Ukraine war and higher energy prices.
Pearson underlying Q1 sales rise 6%; plans £300m buyback in H2
Education publisher Pearson said it was on track to meet annual guidance and announced a £300m share buyback to start in the second half of the year as underlying group sales rose 6%.
Asia report: Shares close higher, yen slips as BoJ holds rates
Asian stocks finished higher on Friday on the back of corporate earnings, while the yen fell after the Bank of Japan kept rates unchanged and announced a broad review of monetary policy.
Europe open: Shares up on earnings; Electrolux powers ahead
Another day in the seemingly never-ending deluge of corporate earnings provided impetus for European shares at the end of the week, with the benchmark Stoxx 600 index up 0. 31% at the open.
Tullow Oil in asset swap deal with Perenco
Tullow Oil has signed an asset swap agreement with Perenco Oil and Gas to optimise its equity ownership across key fields in Gabon through a cashless asset swap, the company said on Friday.
Hikma upgrades FY guidance, cautious on Sudan impact
Hikma Pharmaceuticals upgraded full-year guidance after a stronger-than-expected start to the year for its generics business but expressed concern about the impact of the current conflict in Sudan on operations.
BoJ keeps rates steady, announces policy review
The Bank of Japan on Friday left interest rates unchanged after the first policy meeting chaired by in new governor Kazuo Ueda and announced a policy review of its easing measures.