Latest News
Amazon reveals first cargo plane to be used with PrimeAir
Ecommerce giant Amazon has upped its game in order to control more of its delivery network, by unveiling the Amazon One, a new cargo plane which is the first of 40 to be released.
American Airlines to grant pay rises to 30,000 staff
American Airlines and workers union TWU-IAM Association have come to an interim agreement on a salary increase for at least 30,000 employees of the US carrier.
Europe close: Stocks close at session-highs
European stocks jumped in the final hours of trading following the release of a surprisingly strong set of US jobs figures for the month of July and in the wake of Thursday´s aggressive easing by the Bank of England.
London close: Equities rally on US non-farm payrolls, BoE stimulus
UK equities advanced on Friday after the US non-farm payrolls report smashed expectations.
Renault-Nissan CEO "reasonably optimistic" about Brexit vote
Renault-Nissan chief executive said he was “reasonably optimistic” that after Brexit the country will continue to be an important partner with the European Union.
Small caps news round-up
Wheelchair robot technology company Rex Bionics announced on Friday that Maxhealth Medicine has deposited £1m in escrow in relation to its subscription for 3,333,333 ordinary shares at 30p each. The AIM-traded firm said this £1m will be released from escrow and become available to the company upon admission of the shares to trading.
Sector movers: US jobs data gives cyclicals a boost
The wheels of the market turned in favour of cyclicals at the end of the week, following the release of a much stronger-than-expected reading on the state of the US jobs market.
London Mayor to introduce air pollution alerts in bid to tackle emissions
Air pollution alerts are to be introduced in London in a bid to tackle car emissions, the capital’s Mayor said on Friday.
US non-farm payrolls trounce expectations in July
The US created far more jobs than expected in July, with the latest monthly tally for non-farm payrolls clocking in at 255,000.
Fifa president Gianni Infantino cleared of ethics violations after investigation
Gianni Infantino, the president of world football governing body Fifa, has been cleared of any wrongdoing by an independent ethics committee.
US July NFP report - Analysts´ reactions
"The strong report reduces some of the concerns about the current economic situation in the US but we still need further data to confirm that both GDP growth and employment growth are still on track. Despite the strong jobs report for July, we stick to our call that the Fed will stay on hold for the rest of the year, although it makes a hike later this year more likely. " - Danske Bank.
TP Group hopeful as MoD signals possible intentions
Specialist technology, engineering and managed solutions company TP Group confirmed on Friday that the Ministry of Defence has issued a ‘Voluntary Ex-Ante Transparency Notice’, detailing its intention to negotiate a sole source contract with TPG Maritime.
PipeHawk awarded second phase of Hadley automation project
PipeHawk announced on Friday that its QM Systems division has been awarded the contract to undertake Phase 2 of the 2020 materials handling system project at Ultrasteel Products - part of the Hadley Industries Group - following the successful delivery of Phase 1.
RBS cuts mortgage rates by 0.25%
NatWest, Royal Bank of Scotland and Ulster Bank NI said they would cut their standard variable mortgage rate by 0. 25% in line with the Bank of England base rate reduction.
Second quarter revenues jump 10% at Liberty Media´s Sirius XM Group
Liberty Media Corporation announced on Friday that second quarter revenue for Liberty SiriusXM Group, in which it held a 64. 8% stake, jumped by 10% from the corresponding quarter last year.
English spend a third of income on rent, north-south housing divide, says BBC
Over a third of disposable income is spent on rent in parts of England, according to a BBC investigation, but suggests a north-south divide in the housing market.
Results round-up
RBS was pushed deep into the red as a result of provisions to cover possible litigation costs linked to its 2008 rights issue just prior to its emergency rescue by taxpayers.
Terror attacks, asylum policies hit Merkel approval ratings
Terror attacks and Germany's refugee policy all combined to hammer Chancellor Angela Merkel's approval ratings, according to a poll by ARD-Deutschlandtrend.
Avanti offers little explanation as share price surges
Satellite data communications services company Avanti Communications issued a statement on Friday afternoon, as its share price surged.