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US open: Stocks slide after non-farm payrolls miss forecasts
US stocks dropped on Friday after the non-farm payrolls report fell far short of analysts’ expectations.
IAG group traffic and premium traffic rise in May
British Airways and Iberia parent International Consolidated Airlines said group traffic, as measured in revenue passenger kilometres, rose 14. 1% in May from last year.
US ISM non-manufacturing falls short of estimates
Service sector activity in the US grew more slowly than expected in May, according to figures released on Friday.
US April trade deficit points to slowing demand, economists say
The US recorded a considerably smaller than expected trade deficit in April, but the details of the report triggered worries about economic growth among some economists.
Paramount London Resort to be delayed another year
Plans for a theme park-megaresort in Kent hit a new stumbling block on Friday, with bosses of the company behind it confirming the planning application will be delayed by another year.
FIFA's top three executives pocketed 55 million pounds in bonuses
Three former top FIFA officials, including disgraced former president Sepp Blatter, signed off on 55 million pounds to be shared between each other in the last five years, a FIFA statement has revealed.
US services sector slows in May
Data released by Markit on Friday pointed to a slowdown in the US services sector in May.
Mike Ashley cancels hearing with MPs
Controversial Sports Direct boss Mike Ashley has pulled out of a planned hearing in front of MPs, blaming his lawyer’s schedule for the decision.
Bond International shares shine as Constellation mulls bid
Shares in Bond International Software jumped 15% after Canadian software outfit Constellation said it was thinking about making a cash offer for the company at 105p a share.
James Bond-carmaker Aston Martin's liquidity rating falls to less than adequate
James Bond-carmaker Aston Martin's liquidity rating has been revised down to less than adequate by S&P Global Ratings, which also affirms its 'B-' corporate-credit rating and stable outlook.
Friday newspaper share tips: Deutsche Boerse, London Stock Exchange, Renew Holdings
Investors have been burdened with various themes ahead of the Deutsche Boerse (DB) and London Stock Exchange (LSE) merger, which may yet throw up another area ripe for growth, writes Financial Times' Lex column.
Jefferies upgrades Greek equities to 'modestly bullish'
Jefferies upgraded its view on Greek equities to ‘modestly bullish’ on Friday.
Extra Energy the worst for complaints, says Citizens Advice
One of the UK’s newest power companies was also the worst for customer complaints, it was revealed on Friday, with Extra Energy coming into the firing line.
Whatsapp rules supreme in battle of the messengers
Online researching site SimilarWeb has released a survey indicating what is the most popular application used in each country for Android users. Unsurprisingly, Whatsapp claimed the most countries with 109 citing the app as their favourite, a total of 55. 6% of the world.
FTSE 100 movers: Miners shine but supermarkets slump
London’s FTSE 100 index was up 0. 4% to 6,210. 60 in afternoon trading as investors digested the release of much weaker-than-expected non-farm payrolls which have reduced the chances of a June rate hike by the Federal Reserve.
FTSE 250 movers: Cussons under the cosh; Supergroup storms risers charts
Poor US job numbers soured the investor mood at the end of the week and the FTSE 250 was trading lower in mid afternoon trade.
Paris floods set to peak as torrential rain causes chaos across Europe
Floodwaters threatening Paris were set to peak on Friday as the Louvre and Orsay museums closed to move artworks to safety in the wake of torrential rain that has killed 20 people in three countries.
Results round-up
Shares in Verona Pharma sagged more than 8% as it turned in a wider full-year pre-tax loss of £8. 9m, from a loss of £3. 8m, thanks to higher research and development more than doubling.
Verona Pharma's shares fall as higher R&D costs widen FY loss
Shares in Verona Pharma sagged more than 8% as it turned in a wider full-year pre-tax loss of £8. 9m, from a loss of £3. 8m, thanks to higher research and development more than doubling.
Chicago Fed chief Evans says there might be value in holding off on rate hikes
The economic backdrop has improved sufficiently such that two further interest interest rate hikes will be appropriate in 2016, but there might be arguments to be made in favour of holding off until core inflation has reached 2%, a top US central bank official said.