Latest News
Germany's biggest IPO in 16 years goes live with Innogy
German renewable energy company Innogy made its debut in Frankfurt on Friday, valued at around €20bn, marking Germany’s biggest initial public offering (IPO) since 2000.
Colombian president Santos receives Nobel Peace Prize
The president of Colombia Juan Manuel Santos has been announced as the winner of the Nobel Peace Prize after his attempts to negotiate a peace deal with the Farc rebels in the country after a 52-year conflict.
Salesforce CEO accuses Microsoft of being "anti-competitive"
Marc Benioff, chief executive officer of Salesforce. com, has hit out at executives at Microsoft for being "anti-competitive" in its acquisition of social network LinkedIn.
German, French and Spanish industrial output beat forecasts in August
Much stronger-than expected monthly readings on industrial production from several of the euro area´s largest economies assuaged some - but not all - of the doubts economists were harbouring about the vigour of the bloc´s economic expansion in the very near-term.
Mila Resources admitted to trading in London
Natural resources sector-focused company Mila Resources announced the admission of its entire issued share capital to trading on the Official List of the London Stock Exchange on Friday.
London midday: Stocks rise as pound suffers flash crash
London stocks gained on Friday as the pound suffered a flash crash on what was suspected as automated trading.
Europe midday: Stocks retreat ahead of payrolls; pound under pressure
European stocks fell on Friday as investors awaited the release of the non-farm payrolls report and following a ‘flash crash’ in the pound in Asian trading.
European Commission clears Premier Farnell's Avnet deal
The European Commission has cleared US-based Avnet’s takeover offer for London-listed electronics maker Premier Farnell.
HarbourVest extends SVG Capital bid deadline
HarbourVest has extended the deadline for shareholders in private equity investor SVG Capital to accept its £1bn hostile bid for the company by a week until 13 October.
Verizon expecting to receive $1bn discount in Yahoo deal - report
US telecommunications giant Verizon is said to be seeking a discount on its $4. 83bn deal to buy internet firm Yahoo, after issues in recent weeks surrounding data protection incidents.
US pre-open: Stocks seen touch lower ahead of payrolls
US futures pointed to a marginally weaker open on Wall Street, with investors likely reluctant to make any big bets either way ahead of the nonfarm payrolls report, while a ‘flash crash’ in the pound added to jitters.
Broker tips: easyJet, DS Smith, Hays
Bank of America Merrill Lynch downgraded low-cost carrier easyJet to ‘neutral’ from ‘buy’ and cut the price target to 1,050p from 1,300p given the increasing lack of visibility on pricing.
Asia report: Markets trip as sterling plummets
Markets in Asia tripped on Friday, as traders watched sterling take a major slide, and kept their purses closed ahead of the crucial nonfarm payrolls report for September, due from the US later on Friday.
Defenx raises £1.5m in placing and subscription
Mobile security software solutions company Defenx announced a conditional placing and subscription of 1,897,500 new ordinary shares of £0. 018 each on Friday, at a price of 80p per share, raising gross proceeds of approximately £1. 52m.
German industrial production beats forecasts in August
Industrial production in Germany bounced in August thanks to large increases in energy and manufacturing sector output.
Snapchat gearing up for IPO to the value of $25bn
The parent company of trendy messaging app Snapchat is working on an initial public offering for early 2017 that would potentially value the business at round $25bn.
Donald Trump may cut 70% of business regulations in US
US presidential candidate Donald Trump has promised to introduce major federal reforms for businesses in the country, with the potential of repealing up to 70% of regulations aimed at companies.
Workspace Group gets planning permission for Hackney redevelopment
FTSE 250 listed property investment trust Workspace Group has been granted planning permission for the Mare Street Studios redevelopment in north east London.
UK trade deficit worsens in August
Britain´s shortfall in its trade with the rest of the world worsened in August amid a jump of purchases of goods from abroad.
UK industrial production unexpectedly drops in August
UK industrial production unexpectedly declined in August, while manufacturing production rose less than expected, according to data from the Office for National Statistics.