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Europe open: Stocks push higher on dovish Brainard comments
European stocks edged higher in early trade, recovering from the previous session’s losses and taking their cue from a positive close on Wall Street following dovish comments by Federal Reserve governor Lael Brainard.
European Wealth buys CIMCO Partners Management for £750,000
Investment manager European Wealth bought CIMCO Partners Management, which manages the G20 Absolute Return fund based in Gibraltar, for £750,000.
London open: Stocks inch higher ahead of August CPI data
London stocks edged up at the start of trading, taking their cue from gains overnight on Wall Street, on the back of dovish remarks from a top US central bank official.
Barclays ups year-end targets for Stoxx 600, Stoxx 50 and FTSE 100
Barclays upgraded its year-end targets for the main European indices in its latest equity strategy note.
CYBG ups medium-term financial guidance
CYBG, the holding company of the Clydesdale and Yorkshire Bank, has hit its targets for the first year since flotation and upped its guidance for loan growth and cost-cutting for the next three years.
Bodycote names new non-executive director
Bodycote appointed Patrick Larmon to its board as an independent non-executive Director, effective 13 September, and as a member of its audit, remuneration and nomination committees.
London pre-open: Stocks seen higher on dovish Brainard
London stocks were set to open higher on Tuesday, rebounding from the previous session’s losses and taking their cue from a positive close on Wall Street following dovish comments from Federal Reserve governor Lael Brainard.
JD Sports knocks out another record first half
Sports, fashion and outdoor brand retailer JD Sports Fashion posted its interim results for the 26 weeks to 30 July on Tuesday, with revenue up 20% to £970. 57m compared to the first half of last year.
Chinese economic activity picks-up in August
Economic activity in Asia´s largest economy perked up in August as the effects of past stimulus kicked-in.
Tuesday newspaper round-up: Jobs boost, Brainard caution, recovery 'mirage'
Britain’s employers have refused to panic following the referendum vote, but new jobs are likely to become increasingly scarce as concerns over Brexit talks undermine business confidence. Recruitment agency Manpower said that, on the surface, the EU referendum had done little to dampen firms’ immediate recruitment plans. Official figures show employment is steady and the number of people claiming jobseeker’s allowance is falling. - Guardian.