Latest News
Charles Stanley upgrades Tullow Oil after share price fall
Charles Stanley upgraded Tullow Oil to ‘hold’ from ‘sell’ given the sharp drop in the share price and potential de-gearing.
Progress made, but still no deal with EU, Cameron says
Prime Minister David Cameron ran into some unexpected opposition from his European peers during the negotiations that took place overnight in Brussels to keep the UK within a reformed European Union.
Asia report: Most markets down Friday, but finish week in the black
Most equities in Asia slipped back on Friday, finishing off a week that saw some serious rebounds from the previous week's sell offs, as well as periods of bargain hunting.
Farm-in triggered for NU-Oil investment
NU-Oil updated the market on one of its Irish interests on Friday, in which one of its investments - Marginal Field Development Company (MFDevCo) - was undertaking a farm-in to the Helvick and Dunmore oil discoveries.
CareTech raises £30m in ground rent agreement
Social care provider CareTech said it had raised £30m in cash to support its growth strategy through a ground rent deal.
Strat Aero signs proof-of-concept deal with US power utility
Strat Aero was out proving the capabilities of its drones in Friday, having been awarded a wind turbine inspection contract with the largest electricity provider in the US state of Kansas, Westar Energy.
UK public finances improve by less than expected in January
Government finances improved at the start of the year, buoyed by the typical January rise in tax receipts, albeit by slightly less than economists had penciled in.
UK retail sales rise more than forecast in January, ONS reveals
UK retail sales surged past expectations in January as consumers stocked up on furniture and electrical goods, data from the Office for National Statistics revealed on Friday.
GameAccount Network partners with Borgata casino
GameAccount Network (GAN) announced a new partnership with a major US casino on Friday, teaming up with Borgata Hotel Casino & Spa in Atlantic City, New Jersey for the launch of a Simulated Gaming online experience.
Cluff Natural Resources extends MOU with Halliburton
Cluff Natural Resources said it had extended its memorandum of understanding (MOU) with Halliburton Manufacturing and Services Limited to collaborate on the development of its Southern North Sea gas assets as well as its Underground Coal Gasification assets, for a further two years.
AFC Energy inks strategic partnership with German consultancy
Industrial fuel cell power company AFC Energy has inked a strategic engineering partnership and services agreement with German engineering consultancy plantIng to support the rollout of its alkaline fuel cell system.
London open: FTSE opens flat ahead of UK retail sales, US inflation
The FTSE 100 opened flat on Friday investors awaited the release of data on UK retail sales and US inflation.
Moss Bros appoints new FD and COO
Specialist menswear retailer Moss Bros has appointed Tony Bennett as group finance director and Paula Minowa as chief operating officer.
Europe open: Stocks edge lower as investors book profits
European stocks edged lower in early trade as investors looked to book some profits following a week of healthy gains.
Central banks are pushing on a string, Stephen Roach says
Although it remains to be seen whether the US central bank will follow the likes of the Eurozone and Japan into the realm of negative interest rates, central banking has lost its way and is in crisis, can the world economy be far behind? Stephen Roach asks in an article for Project Syndicate.
Segro NAV lifted by move towards industrial properties
Property developer Segro said its full year net asset value rose 21% to 463p a share, while pre-tax profits increased to £686. 5m from £654m.
German producer prices fall more than expected in January
German producer prices fell more than expected in January, according to figures released by Destatis.
US close: Stocks slip as oil futures come under pressure
Wall Street ended the session lower as a retreat in oil futures undercut positive news on the jobs front.
Oil downturn drags on growth at Essentra
Essentra reported good growth across most of its operations for the year to 31 December on Friday, but a lagging oil and gas sector had one of its divisions dragging the company down.
CLS Holdings disposes of Swedish property
CLS Holdings has exchanged contracts to sell its Vänerparken property in Sweden for SEK590m (£48. 8m) to privately-owned real estate company Bengt Linden AB.