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Brexit negotiations to start by early 2017 says Boris Johnson
Foreign Secretary Boris Johnson has told his Italian counterpart that the UK will begin formal Brexit talks early next year, Bloomberg reported.
Bonds: Gilts gain amid bank woes
These were the movements in some of the most widely-followed 10-year bond yields:.
Sector movers: Banks, aerospace lead losses
Energy-related stocks continued to retreat as crude oil futures extended their recent leg lower on the heels of reports of increasing exports out of Libya and Nigeria.
Commodities: Sugar, gasoline futures jump
Commodities managed to close higher despite a strong headwind from a rising US dollar, with sugar and gasoline futures posting the largest gains.
Europe close: DoJ swats banks lower
European stocks extended losses, with banks under the cosh as Deutsche Bank faces a $14m fine from the US Department of Justice, and as quadruple witching in the States added to volatility in stockmarkets.
US CPI accelerates more than expected in August
US consumer prices rose more quickly than expected in August, boosted by a sharp jump in medical care services.
Directors´ dealings: Berkeley Group non-exec picks up shares
Berkeley Group Holdings´s Adrian Li bought into the luxury homebuilder´s shares.
EU is at critical point in its existence, Merkel says
European Union leaders gathered in Bratislava on Friday to attempt to negotiate the fallout from Britain's impending exit discussions, as German Chancellor Angela Merkel described the bloc as having reached a critical point.
London close: Stocks fall as Deutsche Bank leads banks lower
London stocks dropped on Friday as news that Deutsche Bank faces a $14m fine in the US sent banking shares into the red.
Week ahead: Fed and BoJ policy meetings coming into sharp focus
Central banks will dominate in the coming week, with the US Federal Reserve set to decide on policy on Wednesday.
Scancell Holdings widens full year loss on US investment
Scancell Holdings, a developer of novel immunotherapies for the treatment of cancer, has reported a third consecutive full year loss due to the costs involved in its expansion in the US.
Mereo BioPharma kick starts accounts with a first half loss
Clinical stage, UK-based, biopharmaceutical company focused on rare and specialty diseases, Mereo BioPharma Group, announced its interim results for the six months to 30 June on Friday, a period in which it raised a further £14. 8m of capital.
Small caps news roundup
Clean-tech industrial oil re-refining company Hydrodec’s half year revenues rose, boosted by a new plant opening in the US. For the six months ended 30 June, revenues from the continuing core re-refining business increased by 148% to $8. 1m, compared to the same period last year, due the company commissioning a new plant in Canton, Ohio at the end of 2015 and increased market penetration.
Diane James elected UKIP leader after departure of Farage
The United Kingdom Independence Party (UKIP) has a new leader as former deputy leader Diana James takes the reins from the controversial Nigel Farage, who stepped down following Britain's vote to leave the European Union in June.
Hydrodec's first half revenue rises due to new US plant
Clean-tech industrial oil re-refining company Hydrodec’s half year revenues rose, boosted by a new plant opening in the US.
FTSE 100: Banks slide but Morrisons jumps on upgrade
London’s FTSE 100 was index was down 0. 1% to 6,723. 01 in afternoon trade.
US open: Stocks fall as traders look ahead to Fed's policy meeting
US stocks fell on Friday, led by energy and financial shares, as oil prices slumped and traders looked ahead to next week’s Federal Reserve policy decision.
Shanks Group and VGG amend merger consideration
Shanks Group updated the market on its proposed merger with van Gansewinkel Groep on Friday.
Clinton back on campaign trail as her lead disintegrates
Democratic nominee Hillary Clinton returned to the campaign trail on Thursday hoping to regain the ground she seemed to have lost to Republican rival Donald Trump during her absence through illness.