Latest News
Michigan consumer sentiment weakens in April
Consumer sentiment weakened in April, according to a preliminary reading from the University of Michigan.
US industrial production falls more than expected in March
US industrial production fell more than expected in March, according to the latest data from the Federal Reserve.
Citi economist Saunders appointed to BoE MPC
Citi economist Michael Saunders has been appointed to the rate-setting Monetary Policy Committee, replacing Martin Weale, who is due to leave in July.
Week ahead: Raft of UK data, ECB, US housing in focus
Investors will need to wade through a raft of economic data this coming week, including the March unemployment report, retail sales and public finance figures, on Wednesday and Thursday.
SnackTime reveals new identity and chief executive
SnackTime unveiled a new identity on Friday, planning to name itself and its operations under the Uvenco trademark, as it ushered in a new chief executive.
Empire State factory index much better than expected
Business conditions in the New York region improved far more than expected in April, according to a survey from the New York Fed.
Citigroup beats estimates by comfortable margin
A sharp drop in revenues across most of its units cut into Citigroup’s bottom line in the first quarter, with trading and investment banking taking the biggest hits.
NewRiver Retail declares fourth quarter dividend
NewRiver Retail announced a fourth quarter dividend on Friday, setting aside 4. 75p per share for its stockholders.
FairFX widens full year loss
FairFX widened its full year pre-tax loss to £3. 4m from £2. 8m the previous year as the multi-currency payments service boosted its investments in operations and technology.
Taliesin Property Fund posts big jump in full year profit
AIM-listed Taliesin Property Fund, which focuses on the Berlin residential market, reported a big jump in profit for the year to the end of December.
Man Group rides out volatile first quarter
Thanks to a £0. 5bn net inflow into its raft of hedge funds, Man Group was able to report that funds under management shrank only very slightly in a volatile first quarter of 2016 for global markets.
Altitude signals potential disposal as share price surges
Altitude Group’s share price was rocketing ahead on Friday, forcing its board to issue a statement over the movement.
London midday: Stocks slide as China's economic growth slows
UK stocks were in the red on Friday as data showed China’s economic growth slowed in the first quarter and as oil prices declined.
Europe midday: Stocks slip as caution creeps in ahead of Doha meeting
European stocks fell on Friday as caution crept in ahead of this weekend’s meeting of oil producers in Doha, and investors digested some key data releases out of China.
Impressive growth at rapidly expanding PureGym
Budget gymnasium chain PureGym reported 2015 revenues of £125m on Friday - an improvement of 82% over 2014, in a year in which the group pushed ahead with serious expansion.
Five arrested on suspicion of terror-related activities
Five people have been arrested on suspicion of terror-related activities following an investigation involving MI5 and French and Belgian authorities.
Bats Global Markets prices IPO at top end of range
Bats Global Markets, an operator of exchanges and services for financial markets, has priced its initial public offering at $19. 00 per share – the higher end of the $17. 00 to $19. 00 price range – raising $252. 7m.
Eurozone trade surplus shrinks in February
The Eurozone trade surplus shrank in February as imports rose more rapidly than exports, Eurostat revealed on Friday.
US pre-open: Stocks seen touch lower as investors eye Citigroup
US futures pointed to a marginally weaker open on Wall Street, with oil prices in the red ahead of this weekend’s meeting of oil producers in Doha, and as investors awaited the latest earnings from banking heavyweight Citigroup.
Goldman's Blankfein said to embark on biggest cost-cutting push in years
Goldman Sachs is reportedly kicking off its biggest cost-cutting push in years as it looks to combat a slump in trading and deal-making.