Full List Of Stories
Tesla cuts production at China plant - report
Tesla has reportedly cut production at its plant in China amid sluggish growth in electric vehicle sales and intense competition in the world’s biggest auto market.
FTSE 100 movers: Phoenix Group rallies; JD Sports slumps on Nike results
London’s FTSE 100 was up 0. 6% at 7,930. 40 in afternoon trade on Friday.
Elliott Management takes 5% stake in Scottish Mortgage
US activist investor Elliott Management has taken a 5% stake in Scottish Mortgage Investment Trust.
London midday: Stocks push higher after dovish Bailey, retail sales
London stocks had pushed higher by midday on Friday as investors mulled better-than-expected retail sales data and dovish remarks by Bank of England governor Andrew Bailey.
US pre-open: Stocks seen muted after record gains
US stocks looked set for a muted open on Friday following record highs a day earlier as rate-cut hopes buoyed sentiment.
German business sentiment improves in March - Ifo
German business sentiment improved in March, according to a survey released on Friday by the Ifo Institute.
RBC Capital downgrades St James's Place, slashes price target
RBC Capital Markets downgraded St James’s Place on Friday to ‘sector perform’ from ‘outperform’ and slashed the price target to 500p from 900p.
Intercede lifts FY outlook on new order, ‘strong’ trading
Intercede said on Friday that its full-year performance was set to be ahead of market expectations following an order for a new licence test environment and further "strong" trading.
London open: FTSE nudges up as investors mull retail sales
London stocks nudged higher in early trade on Friday as investors mulled the latest retail sales data.
London pre-open: Stocks to nudge down after retail sales, consumer confidence data
London stocks were set to nudge lower at the open on Friday following big gains a day earlier, as investors mulled the latest reading on UK consumer confidence and a stagnation in retail sales.
UK retail sales flat in February but ahead of expectations
UK retail sales were flat in February as wet weather dented spending in stores, according to figures released on Friday by the Office for National Statistics.
KKR Dark Aggregator sells 19.4m Darktrace shares in placing
Jefferies said on Friday that KKR Dark Aggregator sold 19. 4m shares in cybersecurity firm Darktrace in a placing.
Portugal’s Navigator to buy UK loo roll maker Accrol in £127.5m deal
AIM-listed toilet paper maker Accrol said on Friday that it has agreed to be bought by Portuguese paper firm Navigator in a £127. 5m deal.
Friday newspaper round-up: Mike Lynch, Three, Scottish Power
Two major UK high street banks have been accused of continuing to finance fossil fuel expansion in the North Sea despite signing a pledge to align their activities with the net zero climate goal. HSBC and NatWest have provided tens of millions in finance to Ithaca Energy, a British oil and gas company that is playing a key role in plans to exploit the controversial Rosebank oilfield north-west of the Shetland Islands. Another high street bank, Lloyds, also provided finance but has since sold down the debt.