Full List Of Stories
Boohoo slumps as supply chain scandal intensifies
Boohoo shares slumped on Friday following a report the fast-fashion retailer has been selling clothes made by at least 18 factories in Leicester, which according to audits have failed to prove they pay workers the minimum wage.
FTSE 250 movers: Carnival cruises higher; Avon Rubber falls
London’s FTSE 250 was up 0. 1% at 17,775. 68 in afternoon trade on Friday.
US consumer sentiment edges up in August
Consumer sentiment in the US improved a touch in August, according to final figures released on Friday.
Chicago PMI edges lower in August
Economic activity in the Chicago area deteriorated a touch in August but remained in expansion mode, according to figures released on Friday.
FTSE 100 movers: Precious metals miners shine; Rolls-Royce loses again
London’s FTSE 100 was flat at 6,000. 87 on Friday afternoon in very quiet trade ahead of the bank holiday weekend.
Norwegian Air warns it could go bust despite bailout
Norwegian Air Shuttle warned on Friday that it could go bust despite a government bailout, as it reported its first-half results.
Moderna in talks to supply Japan with 40m Covid vaccines
US biotech company Moderna confirmed on Friday that it is in talks with Japan about the potential supply of 40 million or more doses of its Covid-19 vaccine candidate.
Avon Rubber wins US DoD filter contract
Avon Rubber said on Friday that the US Department of Defence has announced the award of a dual source contract to supply replacement M61 filters for the M50 mask system.
Playtech in talks over TradeTech sale
Gambling software company Playtech has confirmed that it is in talks with a number of parties about the possible sale of its financials division, TradeTech.
Friday newspaper round-up: Eat out to Help Out, Pret a Manger, EDF, FRP
Britain’s economic recovery from Covid-19 gathered pace in the past month, fuelled by consumer spending and people taking advantage of the government’s “eat out to help out” scheme, despite fears mounting over rapid growth in unemployment. On the Guardian’s latest monthly tracker of economic news since the pandemic spread to Britain this spring, the release of pent-up demand with the easing of lockdown is driving the sharpest rebound in economic growth among the G7 advanced economies, while retail spending has returned to pre-crisis levels.