Latest News
Netflix to spend $500m on South Korean content in 2021
Netflix announced on Thursday that it would spend $500m developing South Korean content this year.
Chevron offers $12.47 a share for Noble Midstream
Chevron said on Friday that it has offered to buy Noble Midstream Partners for $12. 47 a share.
Eli Lilly gets EUA for new antibody 'cocktail', which may cut deaths by 70%
Eli Lilly has clinched Emergency Use Approval in the US for an antibody treatment 'cocktail' that may reduce the risk of hospitalisation and death in high-risk patients by as much as 70%.
Thursday broker round-up
JD Wetherspoons: Peel Hunt downgrades to reduce with a target price of 1,150p.
Sunday share tips: Greencore, Tritax EuroBox
It's always darkest just before the dawn, The Sunday Times's Sabah Meddings said of Greencore in her 'Inside the City' column.
Sunday newspaper round-up: Tax rises, Vaccines, EasyJet
Rishi Sunak laid the ground for tax rises today as he said it was time to “level with people” about the problems facing the economy. The chancellor confirmed he will extend coronavirus support in Wednesday’s budget but warned that the pandemic had an “enormous hold” on the economy. Speaking on Sky’s Sophy Ridge on Sunday he said: “We do have a challenge in our public finances and if we don’t do anything, borrowing will continue to be at very high levels — even after we’ve recovered from Covid, debt will continue to rise indefinitely and that’s not a good situation.
Europe close: Shares retreat as government bond yields extend gains
European shares finished lower on Friday as rising bond yields and fears of higher interest rates sent investors running for cover.
London close: Stocks finish weaker amid bond market spike
London stocks closed in the red on Friday, as a selloff in bond markets spooked investors.
Director dealings: Boohoo directors raises stake
Boohoo Group revealed on Friday that non-executive director Iain McDonald had acquired 100,000 ordinary shares in the London-listed retailer.
Weekly review
The FTSE 100 ended the week down 140. 59 points, closing at 6,483. 43 on Friday.
Broker tips: Howden Joinery, Entain, Johnson Service Group
Analysts at Canaccord Genuity raised their target price on building supplies retailer Howden Joinery from 710. 0p to 735. 0p on Friday, stating the strength of the group's business model evident in its performance.
Review calls on government to reform listings to help UK fintech thrive post-Brexit
A government-commissioned review called on the UK government to reform listings rules and visa applications to help fintech thrive.
Norwegian Air cancels remaining 88 jets in Airbus order
Norwegian Air cancelled all the 88 narrow-body jets that remained on order from Airbus, a spokesman for the company said on Friday.
No evidence yet of 'inflationary psychology', University of Michigan says
Consumer confidence in the US picked up a tad in late February, but middle-income families were not overly confident regarding the prospects for a quick rebound in the economy, findings from a key survey revealed.
FTSE 250 movers: Aston Martin loses ground; Pets at Home rallies
London’s FTSE 250 was down 1. 1% at 20,968. 76 in afternoon trade on Friday.
US open: Stocks head south as bond yields remain elevated
Wall Street stocks were in the red after the opening bell on Friday after the Nasdaq Composite recorded its worst session since October amid rising bond yields.
Sabien invests in hydrogen compressor firm Aeristech
Sabien Technology announced on Friday that it has invested £0. 1m in Aeristech, which manufactures power-dense compressors for use in hydrogen fuel cells.
Chicago PMI ticks lower in February
Economic activity in the Chicago area deteriorated more than expected in February, according to data released on Friday.
US pre-open: Futures mixed following yesterday's bond-fuelled rout
Wall Street futures were mixed ahead of the bell on Friday after the Nasdaq Composite recorded its worst session since October amid rising bond yields.
Universe Group chief executive to step down
Retail management, payment and systems technology company Universe Group announced on Friday that its chief executive officer Jeremy Lewis had decided to leave the group to pursue other opportunities outside of the public markets.