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Gold and oil prices jump on geopolitical unrest
Commodity prices continued to rise on Friday, as tensions escalated across the Middle East.
Israel conflict to hit profits for Wizz Air, says Barclays
Barclays has slashed its target price for low-cost airline Wizz Air on the back of rising geopolitical tensions in Israel, which it says will dent profits this year.
Treatt CEO to retire at year-end
Chemical manufacturing company Treatt said on Friday that chief executive Daemmon Reeve was planning to retire.
China leaves benchmark rates unchanged
China's central bank left the cost of borrowing unchanged on Friday, as the country’s economy showed signs of stabilising.
Record Q2 AUME drops on FX headwinds
Currency and asset manager Record reported a drop in second-quarter assets under management equivalent on Thursday.
London open: Stocks fall after retail sales, consumer confidence data
London stocks fell in early trade on Friday amid ongoing concerns about the situation in the Middle East, as investors mulled weaker-than-expected retail sales, a deterioration in consumer confidence and the latest government borrowing figures.
Atlantic Lithium secures mining lease for Ewoyaa project
Exploration and development company Atlantic Lithium has been granted a mining lease for its flagship Ewoyaa Lithium Project by Ghana's Ministry of Lands and Natural Resources.
Europe open: Israel tensions continue to hit markets as stocks drop
The Europe Stoxx 600 Index dropped to a nine-month low on Friday as geopolitical tensions and surging bond yields continued to dampen risk appetite.
UK public borrowing unexpectedly shrinks in September
UK government borrowing unexpectedly fell last month, but still managed to record the sixth-highest level since records began.
German producer prices suffer worst year-on-year drop on record
German producer prices suffered their worst year-on-year fall in September since records began in 1949, according to figures released by Destatis on Friday.
Retail sales drop more than expected in September
UK retail sales fell much more than expected in September as unseasonably warm weather dented clothing sales, according to figures released on Friday by the Office for National Statistics.
Harland & Woolf wins £61m contract with Canada's Cenovus Energy
Harland & Wolff, the AIM-listed infrastructure and physical asset lifecycle management firm, on Friday announced that it has won a £61m contract award from Canadian natural gas company Cenovus Energy.
IHG RevPar growth eases in Q3, Harland & Wolff wins £61m contract
London open The FTSE 100 was called to open 22 points lower at 7,477.
IHG RevPAR growth slows in Q3, but China back to pre-Covid levels
International hotels group IHG reported a big slowdown in RevPAR – a key performance measure used in the hospitality industry – in the third quarter as growth softened across all regions, but said it still expects a "very strong financial performance" this year.
London pre-open: Stocks seen down as Middle East tensions weigh
London stocks were set to fall at the open on Friday amid ongoing concerns about the situation in the Middle East, as investors mulled the latest UK retail sales and consumer confidence data.
Friday newspaper round-up: English councils, OBR, M&G
Many more councils in England are at risk of bankruptcy, town hall leaders have warned, as unprecedented financial pressures force local authorities to prepare drastic cuts to services to cope with a collective £4bn deficit. The bleak message, set out in a letter to the chancellor, Jeremy Hunt, said council budgets were “under pressure like never before” because of the rapid deterioration in their finances caused by inflation and soaring demand for social care.