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Fed's Tarullo says he can't rule out a rate hike in 2016
A top US rater-setter wanted to see more evidence of sustained inflation before considering an interest rate hike.
FTSE 250 movers: Wetherspoons rallies while Greene King loses fizz
The FTSE 250 was well into the red on Friday afternoon, as investors reacted to worse-than-expected Chinese inflation data.
FTSE 100 movers: Airlines soar while Burberry slumps
The FTSE 100 was down in afternoon trading on Friday, as data showed Chinese inflation slowed more than expected in August and the UK trade deficit narrowed less than forecast in July.
Brazil consumer prices accelerate in August, but rate cuts seen
Inflation in Brazilian accelerated in August due to a run-up in costs for hotel accommodation linked to the Olympic Games but was expected to fall back going forward, possibly clearing the way for the central bank toe ease policy as soon as October, according to some economists.
Speedy Hire chairman Jan Astrand holds on to role
The chairman of tools, equipment and plant hire services company Speedy Hire has held on to his role despite the best efforts of largest shareholder Toscafund to oust him.
Broker tips: Bunzl, Debenhams, Randgold Resources
Bunzl was under the cosh on Friday as HSBC downgraded its stance on the distribution and outsourcing group to ‘hold’ from ‘buy’ given the valuation multiples and macroeconomic uncertainty.
Botswana Diamonds updates on its exploration campaign
Botswana Diamonds updated the market on its ongoing diamond exploration campaign in Botswana on Friday.
Telit Communications secures loan and grant from Italy
AIM-listed Telit Communications has been provided with a preferred loan of €12. 8m and awarded a €3. 6m grant by the Italian Ministry of Economic Development to further develop a platform for the application of Internet of Things technology.
Minoan Group issues profit warning over Brexit
Minoan Group announced an update in its travel business and its Greek project on Friday, with the board saying the group's travel business has been negatively affected by the outcome of the Brexit vote, weakness in sterling and the decline of tourism in Turkey.
Results round-up
Pub operator JD Wetherspoon posted its preliminary results for the year to 24 July on Friday, with revenue rising 5. 4% to £1. 595bn, and like-for-like sales improving 3. 4% over the prior year.
Theresa May sets £50m budget to expand grammar schools
Prime Minister Theresa May on Friday announced that she has lifted the ban on selective schools in the UK and is working towards their expansion.
UK to miss its 2020 renewable energy target, say MPs
Britain will miss its renewable energy generation target by 2020, a committee of MPs warned, as it said even with the Brexit vote the country is still obligated to meet the EU set targets.
Berkshire Hathaway to remain "attractive" after Buffett departure
Warren Buffett's eventual departure from investment conglomerate Berkshire Hathaway will not damage the company's propsects, and it will still remain "attractive" for investors, according to Morningstar Institutional Equity Research.
Nighthawk Energy production slides year-on-year
US-focused oil development and production company Nighthawk Energy posted an update to current production levels, operations and existing litigation matters on Friday.
Week ahead: Carney in the spotlight
The latest employment and retail sales data, due out on Wednesday and Thursday, will set the stage for the Monetary Policy Committee's meeting on Thursday.
Hurricane Energy gushes higher on Lancaster Field well results
AIM-listed oil and gas company Hurricane Energy gushed higher on Friday after it announced encouraging results for the first new well at the Lancaster Field in the North Sea.
French manufacturing contracts again in June
Industrial production in France dropped sharply in July as output of machinery and equipment declined for a second consecutive month.
Victoria on track to meet full-year objectives
AIM-listed floor coverings designer, manufacturer and distributor Victoria said on Friday that it is on track to meet its objectives for the current financial year as it continues to make good progress in its key UK and Australian markets.
UK retail space being taken over by tattoo artists and e-cigarette stores
High Streets in the UK are undergoing somewhat of a transformation as tattoo parlours and shops selling electronic cigarettes are increasingly taking over empty retail space.