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Latest News
07 Apr
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Phoenix Spree Deutschland sells non-core Bavarian portfolio

Phoenix Spree Deutschland has sold a portfolio of non-core properties in Bavaria, Germany, for a total of €35. 25m in cash, as it moves to further focus its operation on capital city Berlin.

07 Apr
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US nonfarm payrolls rise by 98,000 in March, but unemployment falls

US nonfarm payrolls increased by 98,000 in March even as the unemployment rate fell to 4. 5% - the lowest tally since 2007.

07 Apr
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Westminster Bridge attack victim dies

A Romanian woman who fell into the Thames during the terror attack in Westminster in March has dies from her injuries, police said on Friday.

07 Apr
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Datatec warns on EPS, notes possible sale of a major share of Westcon-Comstor's ops for $800m

Datatec warns underlying and headline EPS for full-year 2017 are seen more than 50% lower than in 2016, and notes a possible sale of a major share of Westcon-Comstor's operations for more than $800m.

07 Apr
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88 Energy confirms permit issued for Icewine #2

Shares in 88 Energy are up almost 6% after it confirmed the issue of a permit for drilling Icewine #2, meaning that all permits for the spud were now approved.

07 Apr
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UK industrial production declines for second month

UK industrial production and manufacturing output both unexpectedly worsened in February, according to official figures on Friday, their second consecutive month in decline.

07 Apr
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Senate pushes through Gorsuch as Supreme Court nominee

Republicans in the US Senate have invoked the so-called 'nuclear option' in order push through the confirmation of Donald Trump's pick to fill the vacant seat on the Supreme Court.

07 Apr
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Lloyds sets aside £100m for HBOS loan scam

Lloyds Bank said it would set aside £100m to compensate victims of a £245m loan scam at its HBOS unit that destroyed hundreds of small businesses and saw six people jailed.

07 Apr
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London midday: FTSE holds head above water as investors eye payrolls

London stocks moved higher by midday on Friday, reversing earlier small losses as the pound slipped, but gains were marginal amid mounting geopolitical tensions and ahead of the release of the US non-farm payrolls report.

07 Apr
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HSBC downgrades AstraZeneca and five other European pharma firms

AstraZeneca was downgraded to 'reduce' from 'hold' on Friday by HSBC, while five other European pharmaceutical companies also saw their recommendations lowered by the bank.

07 Apr
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Europe midday: Stocks come off lows after US Syria strikes

European stocks were holding lower come midday but off their weakest levels of the day, while safe-haven assets rallied amid rising geopolitical tensions after the US launched a missile attack on a Syrian airfield, as investors eyed the release of the latest non-farm payrolls report.

07 Apr
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Twitter takes US government to court over anti-Trump account

Microblogging site Twitter is set to bring legal action against the US government after demands from the administration to identify the owner of an account which was critical of President Donald Trump.

07 Apr
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Friday broker round-up

AstraZeneca: HSBC downgrades to Reduce with a target price of 4500p.

07 Apr
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Gem Diamonds finds 114-carat diamond in Lesotho

Shares in Gem Diamonds are up more than 4% after it recovered a 114 carat diamond from the Letseng mine in Lesotho.

07 Apr
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Xeros extends reach into Australia

Patented polymer-based systems developer and provider Xeros Technology Group announced on Friday that it entered into a forward channel partner agreement to expand its geographic presence into Australia.

07 Apr
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Asia report: Markets mixed as Trump meets Xi

Markets in Asia finished mixed after a turbulent session on Friday, with the Japanese benchmark falling to a four-month low early on and oil prices rocketing ahead, after the US sent dozens of cruise missiles towards a Syrian airfield.

07 Apr
AFI Developments improves FY pre-tax loss

Russian property developer AFI Developments has improved its full-year pre-tax loss as it sees a continued gradual macroeconomic recovery to positively impact the country's real estate markets.

07 Apr
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StatPro to gradually acquire UBS Delta

Cloud-based portfolio analysis and asset pricing service provider StatPro Group said it agreed to buy risk and performance analytics service UBS Delta from UBS, on Friday.

07 Apr
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Windar Photonics confirms order for 25 new LiDAR systems

Wind sensor developer and technology group Windar Photonics announced that it received a new order for 25 ‘WindEYE’ LiDAR units from a newly-appointed regional distributor in the Chinese market, with financing provided by Denmark's export credit agency, Eksport Kredit Fonden.

07 Apr
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Custodian REIT completes £50m term-loan facility with Aviva IREF

UK property investment company Custodian REIT has completed a new term-loan facility for £50m with Aviva Investors Real Estate Finance.