Headline News
US personal income and spending ease in April, core PCE prices slow
Americans reined in their spending a tad during the previous month, even as price pressures ebbed a smidgen.
Declining orders drag Chicago PMI lower for sixth consecutive month in May
Factory sector a activity in the Chicago area slowed for a sixth month running in May, the results of a survey showed.
JD Sports shares slump as Q1 sales fall amid 'volatile' market
Shares in JD Sports Fashion fell sharply on Friday despite the company holding annual guidance amid a "volatile" market as it said group current-year first-quarter like-for-like sales were down 0. 7% and 6. 4% in the UK.
Harbour Energy making 'good progress' on Wintershall takeover
Harbour Energy said on Friday its blockbuster $11. 2bn acquisition of Wintershall Dea’s non-Russian oil and gas assets remained on track, with publication of the deal prospectus expected shortly.
AB Foods slumps as majority shareholder sells 10.3m shares
Associated British Foods was in the red on Friday after UBS said that its biggest shareholder, Howard Investments Limited - a wholly-owned subsidiary of Wittington - has sold 10. 3m shares in the Primark owner in a placing.
Flutter shares dive as CFO departs, listing shifts to US
Shares in Flutter Entertainment nosedived on Friday as the gambling outfit said finance chief Paul Edgecliffe-Johnson would leave the company with immediate effect as it shifted its listing to the US.
Competition watchdog opens probe into Nationwide-Virgin Money deal
The competition watchdog is to investigate the proposed £2. 9bn acquisition of Virgin Money by Nationwide Building Society, it was confirmed on Friday.
UK house prices return to growth in May - Nationwide
UK house prices returned to growth in May after two months of declines, according to data released by Nationwide on Friday.