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Afren's shares plunge nearly 16% as finance director Darra Comyn resigns
Afren's shares tumbled on Friday afternoon after the oil and gas company's finance director resigned.
Uni Michigan sentiment beats expectations in June
US consumer sentiment beat expectations in June, according to a widely followed gauge.
Ten kidnapped from Tunisian mission in Libya's capital
The Tunisian consulate in the Libya’s capital was stormed by an armed group, according to Reuters, who cited the foreign ministry in Tunis.
Talks between Greece and IMF stall
European stocks pared gains late in the session following reports that bailout talks between Greece and its creditors have come to a stop amid a failure to make any progress.
US retail sales rise 1.2% in May, as expected
US retail sales rose 1. 2% to $444. 9bn in May compared to a month earlier, as expected by analysts, according to the Department of Commerce on Thursday.
Government to start selling RBS shares, says Osborne
George Osborne has announced the government will begin the process of returning Royal Bank of Scotland to private ownership in the “coming months,” even though it may cause a loss for taxpayers.
1pm up nearly 18% after saying full-year profit and revenue will be ahead of expectations
Shares in the asset finance company 1pm jumped nearly 18% on Wednesday after the company said its full-year results will be ahead of market expectations.
Oil and gas extraction boosts UK industrial output in April
A jump in mining output boosted the UK's industrial production in April.
German Bund yields hit technical resistance
Some traders believe the selling pressure in the German government debt space might continue given the on-going worries surrounding the situation in Greece.
BOJ's Kuroda says further yen weakness is unlikely
Bank of Japan governor Haruhiko Kuroda downplayed chances of further dollar strength on Wednesday, saying that the yen is unlikely to fall any more in relative terms as it is already “very weak”.
Greece presents new proposals to Brussels, analysts highly sceptical
Greece has presented a new set of proposals to its creditors in a bid to buy precious time to broker a medium-term agreement, but at least one leading think-tank warned that any stop-gap measures could be counter-productive.
Deutsche Bank's Frankfurt offices searched by authorities
Deutsche Bank’s offices in Frankfurt are being searched by authorities in relation to trades with clients, although no staff have been accused of any wrong-doing, Bloomberg TV reports.
OPEC holds oil production quota at 30mbpd, says it will "leave prices to the market"
OPEC has decided to maintain its oil production quota at 30m barrels per day (bpd) in line with market expectations following the conclusion of its meeting in Vienna, Austria on Friday.
US non-farm payrolls jump by 280,000 in May, Treasury yields rocket
US non-farm payrolls increased by 280,000 in May, ahead of the 226,000 predicted by economists, official data showed on Friday.
OPEC agrees to keep output at 30 million barrels per day, reports claim
The cartel of oil producing countries has decided to maintain its level of "output" unchanged at 30m barrels per day according to delegates cited by The Wall Street Journal.
Oil market 'balanced', producers inexorably looking to Asia, says Saudi oil minister
The oil market is well balanced with more than adequate supplies, Saudi Arabia’s oil minister Ali Al-Naimi said, ahead of the latest OPEC ministers meeting in Vienna, Austria on Friday.
Government to sell off remaining stake in Royal Mail
The government will raise money to pay down the deficit by selling off its remaining 30% share in Royal Mail.
Greece set to make Friday debt payment to IMF
Greece is set to pay a €330m tranche of debt falling due on Friday to the International Monetary Fund, according to Market News International.
Unconventional oil and gas exploration 'here to stay', says ConocoPhillips CEO
Unconventional oil and gas exploration, such as US shale and offshore deepwater drilling, are here to stay according to Ryan Lance, CEO of ConocoPhillips.
Lights dim on Tesco's show, JP Morgan says, broker cuts target
Analysts at JP Morgan Cazenove took a more pessimistic view on Tesco on the heels of data from Kantar Worlpanel which revealed the steamroller that are the discounters continued to roll on.