Latest News
German August CPI eases to 6.1% but energy, food still surging
German inflation eased to 6. 1% in August - confirming initial readings - as elevated food and energy prices continued to outstrip the overall rate, according to official data released on Friday.
Europe midday: German CPI, rate fears, send shares into the red
European shares slipped into the red on Friday after German inflation data showed food and energy prices remained stubbornly high.
London midday: Stocks turn lower but retailers rally on broker notes
London stocks had turned a little lower by midday on Friday as investors continued to mull the prospect of further interest rate hikes from the Federal Reserve.
UK employers put brakes on hiring - survey
Recruitment eased in the UK last month, a survey showed on Friday, with the number of workers hired through agencies falling at the steepest rate for more than three years.
Europe open: Shares claw ahead despite German CPI data
European shares were up at the open on Friday despite German inflation data showing food and energy prices remained stubbornly high.
US pre-open: Futures inch higher after recent falls
US stock futures edged higher on Friday morning, with markets set to recover slightly after recent losses on a quiet day for corporate earnings and economic data.
Greatland Gold updates on Newmont acquisition of its Havieron partner
Greatland Gold updated the market on the planned acquisition of its joint venture partner Newcrest Mining by Newmont Corporation on Friday.
Atlantic Lithium inks heads of terms for Ghana sovereign fund investment
Atlantic Lithium announced a non-binding heads of terms with Ghana's Minerals Income Investment Fund (MIIF) on Friday, which if finalised, would see MIIF invest $32. 9m in both Atlantic Lithium and its Ghanaian operations, to further the Ewoyaa Lithium Project and the encompassing Cape Coast Lithium Portfolio.
Asia report: Markets fall as Japan revises GDP growth downwards
Markets in the Asia-Pacific region faced a downturn on Friday with various indices reflecting the unease.
Rolex exposure has its risks for Watches of Switzerland, says Stifel
The significant exposure that Watches of Switzerland Group (WOSG) has to Rolex is both the group's main investment appeal and a key risk, according to broker Stifel which kicked off coverage of the stock with a 'hold' rating on Friday.
Cryptos rebound; Bitcoin recovers $26,200 thanks to JP Morgan
The cryptocurrency market rebounds. Bitcoin (BTC) rallies about 2% in the last 24 hours and reconquers $26,000, while Ethereum (ETH) rises 0. 6% and climbs above $1,650.
Petershill Partners trims full-year outlook
Shares in Petershill Partners fell in morning trading on Friday, after the investment firm trimmed part of its full-year guidance.
Berenberg lifts price target on 'top pick' JD Sports
Berenberg lifted its price target on JD Sports Fashion on Friday to 225p from 210p and named the retailer its "top pick" in the sector, as it said the recent slump in the share price has created an attractive entry point.
Deutsche Bank lifts target prices for Britvic and Diageo
Deutsche Bank has lifted target prices across the whole European beverages sector, recommending investors to "buy beer, stick with soft, stay selective [on] spirits".
London open: Stocks flat but JD Sports, Next lifted by broker notes
London stocks were little changed in early trade on Friday as investors continued to mull the prospect of further interest rate hikes from the Federal Reserve.
Recent sell-off in Spirax-Sarco shares "overdone", says JP Morgan
JP Morgan has lifted its target price for Spirax-Sarco, saying that the engineering group's recent share-price weakness has been unwarranted.
Computacenter reports strong first-half as inventory levels shrink
Corporate and public sector technology provider Computacenter reported total first-half revenue of £3. 59bn on Friday, making for a 26. 8% increase from the previous year.
Competition regulator mostly backs lower airline price caps at Heathrow
The UK competition regulator has said that the Civil Aviation Authority (CAA) made some errors in determining the lower price cap that Heathrow should charge airlines, but said that most of its calculations had been correct.
Berkeley holds guidance despite 35% slump in reservations
UK housebuilder Berkeley on Friday reaffirmed full-year earnings guidance but said private sales reservations were down 35% due to rising interest rates and political volatility.
RBC Capital cuts CMC Markets price target after profit warning
RBC Capital Markets cut its price target on CMC Markets on Friday to 140p from 250p as it reduced estimates following the FY24 profit warning.