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McKay Securities secures new Maidenhead tenant
South East England-focused real estate investment trust McKay Securities announced that it has let the first floor of Building 5, on the Switchback Office Park in Maidenhead, on Friday.
London midday: Stocks fall as investors book profits
The FTSE 100 declined on Friday as investors booked profits following a four-day rally.
Europe midday: Stocks edge lower as investors take profits
European stocks fell as investors booked some profits following Thursday’s Fed-fuelled gains and digested some mixed economic data.
Cogenpower to exit retail energy business
Low-carbon technology energy company Cogenpower announced on Friday that it will withdraw from the gas and electricity retail business, operated through its wholly-owned subsidiary Cogenpower Gas and Power.
Commerzbank job cuts could reportedly reach 5,000
As many as 5,000 jobs could be lost at Commerzbank, as Germany's second biggest lender prepares to revamp its operations, according to German daily newspaper Boersen-Zeitung.
Obtala sells stake in Lesotho's Lifes Comfort Solutions for $100
AIM listed agricultural and forestry company Obtala sold its stake in Lifes Comfort Solutions retail outlets in Lesotho for just $100 to Rystabelz PTY, the latest divestiture of non-essential business ventures for the company.
Saudi Arabia offers to reduce output if Iran agrees to a freeze
Saudi Arabia offered to return its oil output to levels seen earlier in 2016 if Iran agreed to freeze its own production at its current rate, three sources familiar with the discussions told Reuters.
EnQuest downgraded by Barclays despite rise in oil prices
Barclays cut its price target on Enquest shares, the UK’s largest independent oil producer in the North Sea, and downgraded them from 'equalweight' to 'underweight', on the expectation that the funding options open to the company would dilute owners of the stock.
US pre-open: Stocks set for muted start ahead of manufacturing data
US futures pointed to a muted open on Wall Street following two days of Fed-inspired gains, but equities were still on course to post weekly gains.
Sports Direct appoints Mike Ashley CEO
Mike Ashley, the retailer's founder and majority shareholder, was appointed chief executive of Sports Direct on Friday.
Co-op's first half profits plunge but turnaround plan "firmly on track"
The Co-operative Group’s first half profits plunged 53% as the company invested in its three-year turnaround plan.
Haydale Graphene's income rises as company transitions
Haydale Graphene Industries, which develops technology to commercialise nanomaterials, reported a rise in income as it converts its research and product development into sales.
Randall & Quilter buys USA Swimming's insurer for $2.1m
AIM listed Randall & Quilter Investment Holdings bought United States Sports Insurance Company (USSIC), a captive insurer of governing body USA Swimming, for $2. 1m.
Tesla releases much-anticipated 8.0 software update
Elon Musk's Tesla Motors released its 8. 0 software update on Thursday, including improvements to its controversial Autopilot self-driving system.
Asia report: Markets end mixed after struggling for direction
Asian markets finished mixed on Friday, as traders continued to assess their positions after the announcements from the Bank of Japan and the US Federal Reserve this week.
Baron Oil enters joint venture with SundaGas
Baron Oil, a British oil and gas exploration and production company, has announced that it has entered into a joint venture with Singapore-based SundaGas.
K3 Business Tech appoints Adalsteinn Valdimarsson CEO
AIM-listed K3 Business Technology, which provides cloud solutions to the retail, manufacturing and distribution sectors, appointed Adalsteinn Valdimarsson as chief executive from 1 October, amid a wider reshuffling of its top ranks.
Broker tips: Persimmon, Jimmy Choo, ASOS
Housebuilder Persimmon and its peers got a boost on Friday as Liberum upgraded the stock to ‘buy’ from ‘hold’ and lifted price targets across the sector as it took a more positive view.
Yahoo confirms largest data breach on record as 500 million account details stolen
Internet company Yahoo has confirmed reports that more than 500m of its accounts have been hacked in the largest data breach recorded to date.
Marriott International acquires Starwood to create world's largest hotel group
Starwood Hotels & Resorts is set to be acquired by Marriott International in a transaction which will create the world's largest hotel company.