Latest News
Asia report: Markets mixed as China looks to crack down on banks
Markets in Asia finished mixed on Friday, with traders growing concerned over reports that banking regulators in China were looking to quiz banks over their offshore asset investments.
Reach4entertainment's David Stoller to retire as executive chairman
AIM-listed media and entertainment marketing company Reach4entertainment Enterprises has announced the retirement of David Stoller as executive chairman with effect from 30 September.
Italian industrial orders slip in April
Italian industrial orders slipped in April, with demand from abroad weakest.
Rio Tinto completes bond tender, redemption exercise
Rio Tinto said it had completed its bond tender and redemption exercises and had cut gross debt by a further $2. 5bn (£1. 97bn).
Friday broker round-up
Bae Systems: JPMorgan downgrades to Neutral with a target price of 685p.
Credit Suisse boosts 'Blue Sky' target price on meaner, leaner, fitter Shell
A "meaner, leaner and fitter" Royal Dutch Shell may emerge as soon as the outfit's second quarter results, with positive implications for its dividend, said analysts at Credit Suisse as they added the shares to their European Focus List.
SRT Marine receives new UN contract
SRT Marine Systems advised the market on Friday that it received a contract from the United Nations Food and Agriculture Organisation (FAO) to supply a package of specialist AIS Class B transceivers and communication devices, satellite AIS data and a vessel tracking display system.
Animalcare to gobble up Ecuphar
Generic veterinary medicines and identification products and services supplier Animalcare Group announced on Friday that it had entered into a conditional share purchase agreement to acquire the entire issued share capital of Ecuphar.
IHS Markit euro area composite PMI weakens in June
A key barometre of the euro area economy retreated, weighed down by weakness in services sector activity.
Trinity Exploration progresses production growth strategy
Independent Trinidad and Tobago-focussed exploration and production company Trinity Exploration was holding its annual general meeting in Edinburgh on Friday morning, with executive chairman Bruce Dingwall updating shareholders on the firm’s recent operations.
Trump denies obstruction of justice, rejects tape claims
Donald Trump has strongly denied allegations that he has obstructed the FBI investigation into links between his campaign and Russia, and also said he does not have tapes of his conversations with former director of the agency, James Comey.
JPMorgan upgrades Centrica as energy price cap now looks unlikely
JP Morgan Cazenove lifted Centrica to 'neutral' from 'underweight' and upped the price target to 205p from 180p, noting that the worst case scenario was now off the table after the Queen's Speech left out any mention of an energy price cap.
Europe open: Mixed PMIs and weakness in overseas stocks drags
Stocks began the session on a slightly down note, tracking a mixed close overnight on Wall Street and weakness in some Asian markets.
Domino's shares not so tasty as Berenberg highlights mounting risks
Shares in Domino's Pizza were looking less than tasty on Friday after Berenberg cut its stance on the stock to 'hold' from 'buy' and chopped the price target to 325p from 400p, saying near-term risks were mounting.
London open: Stocks in the red as pound ticks up in quiet trade
London stocks fell in early trade on Friday - the first anniversary of the Brexit vote - as the pound ticked higher, with little due in the way of market-moving news and a quiet corporate calendar.
CMA to take action against online gambling companies
The Competition and Markets Authority announced on Friday that it will be taking action against online gambling companies it suspects of breaking consumer law.
Randall & Quilter agrees sale of R&Q Managing Agency
AIM-listed Randall & Quilter has agreed to sell Lloyd's managing agency, R&Q Managing Agency, to Boston-based medical professional liability insurance provider Coverys.
Crystal Amber says Hurricane Energy has weighed on its share price
AIM-listed Crystal Amber Fund said on Friday that the recent drop in its share price primarily reflects the decline in the shares of its largest investment, Hurricane Energy.
Workspace spends £160m on listed City building
Workspace Group announced on Friday that it acquired Salisbury House at 28-31 Finsbury Circus, London EC2, for a cash consideration of £158. 7m.
London pre-open: Stocks seen lower ahead of quiet session
London stocks were set for a weaker open on Friday - the first anniversary of the Brexit vote - as the pound ticked higher, with little due in the way of market-moving news and a quiet corporate calendar.