Latest News
London pre-open: Stocks seen lower amid rising geopolitical tensions
London stocks were set for a negative open on Friday as geopolitical tensions intensified after the US military struck a Syrian airfield near Homs and as investors exercised caution ahead of the non-farm payrolls report.
Friday newspaper round-up: Housebuilders, BHS, Feelunique
The Competition and Markets Authority is examining payments between housebuilders and the providers of warranties for new homes as part of a review of NHBC, the largest warranty provider. The CMA announced last month it was reviewing undertakings made by NHBC, the standard-setting body for new-build properties in the UK and the main warranty provider. These 22-year-old undertakings were designed to improve competition in the warranty market. – Guardian.
Hunting CEO to retire in 2017 after 16 years in charge
Hunting chief executive Dennis Proctor will step down from the role in 2017 once a replacement has been appointed, the oilfield services provider announced on Friday.
US close: Markets higher as investors pore over Fed minutes
US stocks finished higher on Thursday after better-than-expected employment data, while investors were also digesting news that the Federal Reserve will start unwinding its $4. 5trn balance sheet this year.