Latest News
Wells Fargo makes US court request to throw out account scandal cases
Troubled US bank Wells Fargo has asked a US court to dismiss dozens of cases against it following the fake account scandal which dogged the California-based firm earlier this year.
FCA to encourage annuity customers to shop around
Annuity firms will have to inform their customers how much they could gain from shopping around and switching provider before they buy an annuity under new rules unveiled by the Financial Conduct Authority on Friday.
Theresa May's executive pay reforms sparks opposition
Various companies, academics and consultants have rejected Prime Minister Theresa May’s proposals for executive pay and corporate governance reform in a report by the Big Innovation Centre (BIC).
FTSE 100 movers: Pharmaceuticals on the front foot; Direct Line gives back gains
The FTSE 100 rose 0. 21% to 6,843. 57 in afternoon trade amid thin volumes.
Broker tips: AstraZeneca, Daily Mail, Domino's
Liberum upgraded AstraZeneca to ‘buy’ from ‘hold’.
US services sector still robust in November
Markit’s flash US services purchasing managers’ index printed at 54. 7 in November, down a touch from October’s 54. 8, but still the second-strongest reading in the past 12 months.
UK govt failing to learn Libya lessons, say MPs
The UK government was accused of not learning the lessons of its Libya intervention in 2011 after it flatly rejected criticisms of its strategy by a parliamentary committee.
Manx Financial to buy IFA contracts for £1.7m
Manx Financial Group is to buy two independent financial adviser contracts books from its rival in the Isle of Man for £1. 7m.
IronRidge Resources buys Ivory Coast lithium pegmatite sites
AIM-listed explorer IronRidge Resources has bought three highly prospective lithium pegmatite applications in the Ivory Coast, which consolidates its West African portfolio.
Erdogan hits back at EU, threatening to open borders to migrants
Turkish president Recep Tayyipan Erdogan has warned European lawmakers that his government could open its borders to migrants after the European Parliament voted yesterday to freeze the country's accession to the bloc.
Ensor to de-list on AIM in order to liquidate
Building materials company Ensor Holdings is to cease trading on AIM and re-register as a private company, as it seeks to sell its subsidiaries and liquidate.
London midday: Stocks flat ahead of holiday-shortened session Stateside
Stocks in London continued to trade near the unchanged mark midway through the session, amid exceedingly light trading volumes as US markets would only be open for a half day.
Actelion surges on Johnson & Johnson bid report
Actelion surged on Friday following a report that US healthcare group Johnson & Johnson has made a takeover bid for the Swiss biotechnology company.
EU leaders 'not bluffing' over Brexit position, says Malta PM
EU leaders were not "bluffing" about denying the UK access to the single market after Brexit if it did not agree to free movement of people, Malta Prime Minister Joseph Muscat warned on Friday.
Unilever to appeal Brazilian court ruling
Unilever plans to appeal an adverse ruling by the Brazilian Supreme Court.
Stratex chairman Christopher Hall to step down
AIM-listed exploration and development company Stratex announced the retirement of its chairman Christopher Hall with effect from 31 December.
Europe midday: Stocks slip amid thin volumes
European stocks edged lower as oil prices declined in fairly quiet trade, with US markets set to open for just a half day later.
Coca-Cola workers in China strike as US company sells bottling assets
Workers in three Chinese cities are on strike after Coca-Cola announced that it would sell its bottling assets in the country to Hong Kong conglomerate Swire Pacific and state-owned Cofco Corporation.
Consort Medical appoints new CFO
Consort Medical, a global provider of manufacturing solutions for drugs, announced that it has appointed Paul Hayes as group Finance Director of the Vitec Group.
Australia's Westpac to reportedly lift mortgage rates
Australia's Westpac and National Australia Bank (NAB) online are increasing fixed and variable home loan interest rates by up to 60 basis points, according to media reports.