Headline News
US open: S&P 500 and Nasdaq Composite at record highs at Q2's end
Wall Street's main market indices were trading at or near record highs at the end of the second quarter.
High prices and weakening incomes weigh on US consumer confidence
The impact of high prices and softer incomes on personal finances is what worried Americans most in June, the results of a closely followed survey revealed.
Cineworld said to be leaning towards CVA
The owners of Cineworld are reportedly leaning towards putting its British operations through a formal restructuring process after holding initial talks about a sale with prospective buyers.
US consumer spending for May comes in softer than expected, PCE price gains slow
Americans spent a bit less than anticipated last month even as price pressures slowed as anticipated.
European drugs body backs Moderna jab
Europe’s drug regulator has backed Moderna’s novel vaccine for respiratory syncytial virus, the US pharmaceutical firm announced on Friday.
UK banking customers hit by pay day IT glitches
A raft of UK banking customers were hit with payment delays on Friday, after a number of high street lenders suffered IT glitches.
IWG restructures debt ahead of first-half results
Workspace provider International Workplace Group (IWG) announced the issue of its first euro investment-grade bond on Friday, reinforcing its capital structure ahead of its first-half results on 6 August.
Assets under management hit all-time high at Record
Assets under management at Record topped $100bn last year, the specialist currency and asset manager said on Friday, a record high.
Quanex makes increased final offer for Tyman
Quanex Building Products has announced a revised and final proposal for its acquisition of Tyman, increasing the cash component of the deal.
UK economy grows faster than first estimated in Q1
The UK economy grew faster than first thought in the first three months of the year, according to data released on Friday by the Office for National Statistics.