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Europe close: Stocks retreat on weak data from around the world
Stocks finished lower, tracking losses on Wall Street and in China, amid a rash of poor economic news from around the world and on the back of a weak reading on monthly US non-farm payrolls.
Debenhams bites back as Sports Direct unveils new coup
Debenhams said it was "disappointed" after Sports Direct called an extraordinary shareholder meeting to remove all but one of the current board and to appoint the sports chain's founder Mike Ashley as its new boss.
Strix acquires assets from HaloSource
Kettle controls manufacturer Strix acquired specific assets from US water purification outfit HaloSource on Friday in a deal worth $1. 33m.
Canaccord ups target for Alfa Financial after 'troubled year'
Analysts at Canaccord Genuity upped their target price on finance industry software provider Alfa Financial on Friday, stating the group had turned a corner towards the end of a "troubled year".
London close: Stocks fall amid weak data around the world, doubts around US-China talks
London stocks were walloped on Friday, as the latest US jobs data popped a nasty surprise on unsuspecting traders and with miners under the cosh following the release of disappointing Chinese trade data and amid reports that a US-China trade deal is not imminent.
Trade deal with China not imminent, US ambassador says
Hopes of an imminent US-China trade deal were quashed at the end of the week by America's ambassador to Beijing. In an interview with the Journal, US ambassador Terry Branstad said that no date had yet been set for a summit between the two country's leaders as neither side felt that an agreement was "imminent".
Norway wealth fund to cut oil and gas investment
Norwegian $1tn wealth fund announced on Friday it would dump its investments in oil and gas exploration firms but will still own stakes in firms such as BP and Shell that have renewable energy divisions.
Colter partners plummet after well testing disappoints
Shares in Baron Oil, United Oil & Gas, Andalas Energy and Reabold Resources plummeted on Friday after test results showed the north part of the Colter prospect well is "unlikely to yield additional commercial volumes".
Big Sofa Tech 'stronger' and 'leaner' as cost-cutting squashes losses
Big Sofa Technologies’ shares crept higher on Friday as the company announced cost saving measures to create a “stronger, leaner business” after a jump in revenue led to a reduction in annual losses.
Norway SWF to dispose of stakes in oil E&P companies
The world's biggest sovereign wealth fund will offload its stakes in oil and gas explorers and producers but will continue invest in energy companies with refineries and other downstream activities.
Asia report: Markets mostly lower as China trade data misses
China is proposing phasing in enhanced intellectual property protection and measures against forced technology transfer over six years in trade talks with the U. S. , but Beijing is holding out against meeting all of Washington's demands for structural reform to its economy, a source with knowledge of the issue told MNI.
Director dealings: GVC execs lower stakes
Sports betting and gaming group GVC Holdings saw its top brass significantly reduce their stakes on Friday, just days after the firm reported an "excellent start" to the year.
Redde dives after losing long-term contract
Redde’s shares took a dive on Friday after it failed to secure the renewal of a hire and repair contract with a large insurer with whom it has been partnered for 10 years.
FTSE 100 movers: GVC battered as bosses offload shares; Fresnillo shines
London's FTSE 100 was down 0. 5% at 7,119. 14 in afternoon trade on Friday, as weak Chinese trade figures and a big miss from the non-farm payrolls report dented sentiment.
Real Good Food reaches out-of-court settlement with former sugar supplier
Real Good Food said on Friday that it has reached an out-of-court settlement with one of its former sugar suppliers.
Computacenter appoints former Hewlett-Packard bigwig as non-executive chairman
Computacenter on Friday confirmed the appointment of Peter Ryan as non-executive chairman, replacing Greg Lock who has held the role for over a decade.
US open: Stocks open lower as weak jobs report and Chinese trade data weigh on sentiment
US stocks dropped at the open on Friday as investors sifted through a disastrous non-farm payrolls report, with weak Chinese trade data also weighing on sentiment.
US payrolls massively undershoot expectations
US job growth almost stalled last month, but the unemployment rate edged lower and wages grew, according to data released by the Labor Department on Friday.
US housing starts surge past expectations in January
US housing starts surged past expectations in January, according to figures released by the Commerce Department.