Latest News
Credit Suisse downgrades mining sector to 'underweight'
Credit Suisse downgraded the mining sector on Friday as it reviewed its global equity strategy.
London open: Stocks rise as traders process busy week
London stocks gained on Friday as the market mulled over a busy week that included central bank policy decisions, a raft of economic data and the UK Budget 2016.
Europe open: Stocks little changed as investors pause for breath
European stocks wavered in early trade as investors paused for breath following recent gains, at the end of a week jam-packed with policy decisions.
Fastjet shares crash as it hits back at EasyGroup
Tanzania-based budget airline Fastjet on Friday criticised easyGroup for going public with a letter relating to the two companies’ contractual relationships and said it was seeking legal advice.
AB Foods still in talks over Illovo acquisition
Associated British Foods said on Friday that it was still in talks over the potential acquisition of the remaining shares of Durban-based Illovo Sugar Ltd it does not already own.
German producer prices fall more than expected in February
German producer prices fell more than expected in February, according to the latest data from Destatis.
Mike Tye to join Restaurant Group board
The Restaurant Group announced the appointment of Mike Tye to its board on Friday, as a non-executive director and chairman of the remuneration committee.
London pre-open: Stocks seen just a tough higher
London stocks are set to open just a touch higher on Friday despite positive sessions in the US and Asia as the dollar continues to slide in the wake of the Federal Reserve’s dovish outlook on interest rates this week.
BT picks up BG's Simon Lowth
BT Group announced the appointment of Simon Lowth as group finance director on Friday, also assigning him an executive board director.
Berkeley sees FY results at top end of expectations
FTSE 100-listed house builder Berkeley Group said it expected current year results to be at the top end of expectations, after absorbing approximately £25m of accelerated operating expenses.
Berkeley sees full year at top end of views; BT hires new finance director
London’s FTSE 100 is seen starting six points lower than Thursday’s close at 6,195.
Friday newspaper round-up: Sainsbury's, Hinkley Point, Oil, GSK
The new administrators of Libor are overhauling the way it is calculated, reducing its reliance on banker estimates in an attempt to restore faith in the scandal-hit rate. US markets operator Intercontinental Exchange took over administration of the London Interbank Offered Rate in 2014 after a global investigation found traders were influencing the daily rate calculations to benefit their own books. – Financial Times.