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London open: Shares rise as pound continues to slide lower
A shockingly large drop in the value of the pound overnight gave shares a boost at the start of trading, although some traders were left scratching their heads regarding the implications of the sudden moves in foreign exchange markets.
Britain is now a "one-party state", says Tony Blair
Tony Blair has said that the UK is now essentially a one-party state after the re-election of Jeremy Corbyn as Labour party leader.
FTSE 250 movers: Miners gain but Sports Direct slumps on profit warning
London’s FTSE 250 index was down 0. 6% to 18,014. 02 in afternoon trade.
US open: Stocks tumble in wake of 'disappointing' non-farm payrolls
US stocks were down on Friday in the wake of an expected downturn in employment numbers for the third straight month in September, lowering the chances of an interest rate hike in November.
Deutsche Bank looks at financing options in the face of legal battles
Deutsche Bank is holding informal talks with securities firms to explore options for raising capital to cope with its rising legal bills, Bloomberg reported.
Draganfly makes its first investment following summer fundraise
Investing company Draganfly announced on Friday that it has made its first investment following the two fundraising exercises completed in summer.
FTSE 100 movers: Miners rally but easyJet flies lower again on downgrade
London’s FTSE 100 was up 0. 6% to 7,041. 16 in afternoon trade.
Beowulf Mining makes positive discoveries at Atvidaberg
Mineral exploration and development company Beowulf Mining provided an exploration update on its Åtvidaberg licence on Friday, confirming that to date, only a small part of the licence area has been studied.
ECB not looking to taper QE, Draghi says
The European Central Bank was not yet minded to begin tapering its monthly bond purchases, Mario Draghi said.
Video: Everton footballer bizarrely fakes injury while being chased by police
An Ecuadorian football star has been involved in a bizarre incident in his home country, as he appeared to feign an injury while playing an international match in order to escape a police arrest.
Pound might fall to 1.1341 in 2017, Rabobank says
The pound resumed its move lower versus the US dollar in late-morning trading following the eruption in volatility seen during Asian trading hours, amid reports that the Bank of England was "investigating" the reasons behind what most commentators had dubbed a 'flash crash' in the currency.
US job growth slows slightly in September
US job growth slowed to a pace of 156,000 in September, according to the US Department of Labor.
Pound weakness will be negative in the medium-term
Weakness in the pound reflects a "fundamental change in British competitiveness", a top ex-Bank of England official said.
Brexit marked low-point for bond yields, BofA Merrill says
Brexit marked the 2016 low for bond yields, strategists at Bank of America-Merrill Lynch said in a report titled "The Day QE died", although fixed income - albeit not those for Treasuries - continued to see large inflows of clients´ funds.
Ford to cease manufacturing cars in Australia
US carmaker Ford Motor´s its last Falcon model rolled off its Australian assembly line on Friday, with 600 jobs to be lost in the state of Victoria as the manufacturer stops producing Down Under.
Unseasonably warm September dampens fashion sales, says BDO
An unseasonably warm September affected fashion sales as high street retailers recorded the second worst figures for the year so far, according to a business and accountancy advisory firm.
House prices rise over six times average salary, says ONS
Adding to the woes of prospective first time buyers, the Office for National Statistics found that average house prices in England and Wales increased to over six times the average salary last year.
Death toll in Haiti rises to more than 300
The full extent of Hurricane Matthew's impact on the Carribean nation of Haiti is becoming clear, as officials confirmed the death toll may be as high as 300.
TomCo moving towards 2tph palm oil processing plant
TomCo provided an update on the proposed palm oil milling operation in the Makeni oil palm belt in Sierra Leone on Friday.
Venture Life completes equity issue to Vantage Link
International consumer self-care group Venture Life announced that it is issuing 5,000 new 0. 3p ordinary shares to Vantage Link.