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Fiat Chrysler orders recall of 1.4m vehicles after deaths
A recall of 1. 4m cars has been announced by Fiat Chrysler Automobiles as problems with the deployment of air bags has been linked with three deaths and five injuries.
Tullow Oil finds up to 70m barrels in Cara prospect in Norwegian North Sea
Tullow Oil said on Friday that drilling and testing of the Cara prospect in the Norwegian North Sea has been completed and between 25 and 70 million barrels of oil equivalent have been discovered.
Trump vows to slash taxes and stimulate growth in the US
US presidential candidate Donald Trump has vowed to bring in a radical overhaul of the country's tax system, in order to stimulate growth and create 25m new jobs.
Broker tips: Moneysupermarket, ASOS, Morrison
Moneysupermarket. com Group shares gained on Friday as RBC Capital Markets initiated the stock at an ‘outperform’ rating with a price target of 400p.
Moneysupermarket shares rise as RBC initiates at 'outperform'
Moneysupermarket. com Group shares gained on Friday as RBC Capital Markets initiated the stock at an ‘outperform’ rating with a price target of 400p.
Europe open: Stocks edge lower; Deutsche Bank slumps on DoJ fine
European stocks edged lower in early trade, with banks under the cosh as Deutsche Bank faces a $14m fine from the US Department of Justice.
PhotonStar's H1 revenue falls and pre-tax loss widens
PhotonStar’s half-year revenues fell and pre-tax loss widened amid significant price reductions from competitors in its traditional lighting business, which led to the company´s decision to restructure that unit during the first quarter.
Acacia Mining reiterates output guidance despite setback at Bulyanhulu
Acacia Mining reiterated its full-year production guidance for its Bulyanhulu mine and for the group as a whole, despite setbacks in resuming production at its processing plant at the former site following planned maintenance.
London open: Nervous investors eye US data, central bank meetings
Equities began the morning slightly lower, with news of a possible multi-billion dollar fine against German lender Deutsche Bank souring sentiment towards the wider financial sector, including on this side of the channel.
JPMorgan ups ASOS price target on US potential
JPMorgan Cazenove bumped up its price target for online retailer ASOS to 5,400p from 4,550p, keeping the stock at ‘overweight’.
Exane upgrades Morrisons to 'neutral' after H1
Exane BNP Paribas upgraded Wm Morrison to ‘neutral’ from ‘underperform’ and lifted the target price to 200p from 165p following the supermarket retailer’s first-half results on Thursday.
Dechra buys Apex Lab for AUD$55m
Veterinary product manufacturer Dechra Pharmaceuticals agreed to buy the business and assets of Apex Laboratories, which sells branded animal products in Australia and New Zealand, for AUD$55m (£31. 3m).
SVG Capital rides currency wave amid takeover offer
SVG Capital posted its results for the six months to 31 July on Friday, with a net asset value per share of 735p at period end - a 12% increase in the six months.
Unilever said to be in talks to buy Jessica Alba's Honest
Unilever is said to be in talks to acquire Honest Co. , the consumer-products retailer co-founded by actress Jessica Alba.
Electra Partners announces successful Hollywood Bowl IPO
Electra Partners has announced the successful initial public offering of its portfolio company Hollywood Bowl Group, a ten-pin bowling operator in which it owns an 85% interest.
BBA Aviation selling ASIG to Menzies in $202m deal
Aviation support and aftermarket services company BBA Aviation announced on Friday that, after a number of approaches and a formal review, it has reached agreement with John Menzies on the terms of the sale of commercial aviation services subsidiary ASIG for $202m cash.
London pre-open: Stocks seen little changed; central bank policy still in focus
London stocks were expected to open little changed on Friday as investors continue to mull over central bank policy.
Inmarsat prices $400 debt issue
Inmarsat announced it would tap debt markets to repay an existing loan from the European Investment Bank and for general corporate purposes.
Phoenix Group in advanced talks to buy Deutsche's Abbey Life
Phoenix Group has confirmed it is evaluating the possibility of acquiring Abbey Life Assurance from Deutsche Bank following reports on Thursday by Bloomberg and Reuters suggesting the two were nearing a deal over the bank's UK insurance business.