Latest News
Delta Lloyd rejects NN Group´s €2.4bn takeover plan
Dutch insurer Delta Lloyd rejected NN Group’s €2. 4bn takeover proposal as it remains committed to its capital and performance strategy.
S&P maintains A- rating for Saudi Arabia long-term debt
Standard & Poor's has affirmed an 'A-/A-2' rating for the Kingdom of Saudi Arabia and maintains that the outlook for the oil exporter is stable.
Comment: US election impact for traders in event of a Clinton/Trump victory
By Nikolas Xenofontos, director of risk at easyMarkets.
Sector movers: Miners pace gains after endorsement from BofA
Steel producers and miners led to the upside following the release of what several economists dubbed as a "solid" US jobs report, receiving an additional lift in the form of a positive research note on the sector out of analysts at Bank of America-Merrill Lynch.
Europe close: Stocks end lower despite solid US jobs report
European stocks fell on Friday as a largely in-line US non-farm payrolls report failed to lift investor sentiment, although it did succeed in boosting Fed rate hike odds for the central bank´s policy meeting on 14 December.
Directors dealings: Dalata chief expands his holdings
Dalata Hotel Group´s chief, Patrick McCann, picked up a hefty amount of shares in the hotel group on 6 October, the company said in a statement.
Small cap round up
AIM-listed European Wealth has agreed to buy certain assets of Towry Asset Management for up to £1m. The integrated financial planning and wealth management group said it has entered into a binding business sale agreement to purchase a book of business and certain related assets.
Malin Corp appoints new member to management team
Malin Corporation, an ISE listed global life sciences company, announced the appointment of Peter Schwartzman to the company’s senior team.
S&P reaffirms Deutsche Bank´s long-term credit rating
Standard&Poor´s gave Deutsche Bank a vote of confidence, emphasising that the lender had the financial wherewithal to absorb the likely amount of the fines which the US Department of Justice was expected to hand down.
OPEC meetings to discuss clamp down on production start next week
The Organization of Petroleum Exporting Countries (OPEC) officials are set to meet several times over the next six weeks in order to fine tune the details of their deal to cut down on oil production, according to Reuters.
London close: Stocks finish higher after pound's flash crash, US non-farms
The FTSE 100 finished 0. 63% higher at 7,044. 39 points on Friday as the pound fell against the dollar and as investors shrugged off a worse-than-expected US non-farm payrolls report for September.
"Trump wants to divide" - Bernie Sanders
Hillary Clinton's former rival for the Democratic nomination for US president Bernie Sanders has urged voters to get behind her and to ensure Donald Trump does not win the election on November 8.
Week ahead: Fed minutes, Beige book in focus
The coming week is set to get off to a slow start given the Columbus Day holiday Stateside on 10 October, which will see fixed income markets remain closed although the NYSE will keep its doors open for share dealing.
SyQic takeover deal extended a sixth time
Mobile television service provider SyQic updated the market on the potential takeover by its chief and an investment firm on Friday, in a deal that was initially announced in April and has already been extended five times.
URU Metals stock sees mysterious surge
URU Metals was forced to issue a statement on Friday, as its share price soared on the AIM market of the London Stock Exchange.
Netflix unlikely to enter Chinese market, according to CEO Hastings
Netflix CEO Reed Hastings has said that the television streaming service is not looking into the prospect of expanding into China, one of the only areas where it does not currently operate.
Sports Direct slides as it warns of currency hit to earnings
Sports Direct International slid on Friday afternoon as the company warned that its full-year 2017 earnings would take a hit from recent currency movements after sterling tanked overnight.
Government reopens Lloyds shares to institutions but not individuals
Chancellor Philip Hammond has announced that the government is resuming the sale of its stake in Lloyds but is only making them available to institutions rather than retail investors, contrary to previous plans.
Pacific Industrial & Logistics REIT doesn't expect any affect from Brexit fallout
AIM-listed Pacific Industrial & Logistics real estate investment trust said it had “significantly” exceeded expectations in the first half of the year, as it does not expect to be affected by the uncertainty arisen since the Brexit result from the EU referendum.