Market Pulse
London rents surge 11.6% in September, survey reveals
London rents surged 11. 6% in the year to September to an average of £1,301 a month, according to a survey released on Friday.
Gulfsands Petroleum fails to secure new Fes extension
Gulfsands Petroleum has not been able to secure an extension for its Fes Petroleum agreement in Morocco, which expired on 24 September.
General Electric third-quarter profit and revenue beat expectations
General Electric posted better-than-expected third-quarter profit and revenue on Friday thanks to an improvement in its industrial businesses.
VW starting to lose market share in EU
Volkswagen is starting to lose market share in the EU following the diesel emissions scandal.
High Court rules Uber app does not break the law
The High Court in London has ruled that the GPS-reliant ride-hailing app used by Uber does not break the law.
Friday newspaper share tips: Mixed views on Unilever; WH Smith a good long term bet
Unilever’s results on Thursday left the newspaper pundits in disagreement about whether now was time to invest in the consumer goods company.
Acacia Pharma postpones London IPO due to market volatility
Acacia Pharma Group has shelved its £150m initial public offer on the London Stock Exchange due to "market uncertainty".
WYG awarded EUR8.8m EuropeAid contract
WYG has been awarded a two year technical assistance contract by the Turkish Ministry of Family and Social Policies on behalf of EuropeAid.
US pre-open: Futures struggle for direction as investors await consumer confidence data
US stock futures moved in tight ranges on Friday, as investors took a breather after the rallies of the previous session.
FCA bans former UBS trader Adoboli from financial services industry
The Financial Conduct Authority has banned former UBS trader Kweku Mawuli Adoboli from working in the financial services industry.
Europe midday: Equities on track for positive weekly close; Nestle and Hugo Boss buck trend
European stocks rose on Friday, taking their cue from upbeat sessions in the US and Asia as investors continued to bet that central bank policy would remain accommodative.
London midday: Stocks gain as weak Eurozone CPI fuels stimulus hopes
London stocks rose as continued low Eurozone inflation figures added to hopes of further stimulus measures by the European Central Bank.
Asia: Chinese stocks lead markets high on stimulus hopes
Asian markets ended the week on an upbeat note, as Chinese stocks were buoyed by the prospect of more stimulus from the People's Bank of China.
Magnolia Petroleum surges after revealing it has more than 200 fully operational wells
Shares in Magnolia Petroleum surged over 20% early on Friday, after the oil and gas producer said it has over 200 fully operational wells, after seven more came on stream during the latest quarter.
ICAP slumps on Barclays downgrade
Shares in interdealer broker ICAP were under pressure on Friday after Barclays downgraded the stock to ‘equalweight’ from ‘overweight’ and cut the price target to 500p from 600p pointing to a lack of earnings momentum.
China New Energy climbs on Zimbabwe bioethanol deal
Shares in China New Energy Limited (CNE) were sent soaring on Friday by news that it is poised to join a 120m-litre cassava-to-bioethanol plant in Zimbabwe with its regional partner Sunbird Bioenergy.
Standard Life appoints Melanie Gee as non-exec director
Standard Life has appointed Melanie Gee as a non-executive director with effect from 1 November.
Eurozone CPI in line with expectations in September
Inflation in the Eurozone remained largely stable in September, figures released on Friday showed.
Nestle lowers growth outlook as noodle scandal bites
Nestle, the world's largest packaged food company, has cut its growth outlook for 2015 on the back of the Maggi noodles safety scare in India.
HSBC starts Diageo at 'hold', looks for more attractive entry point
HSBC initiated coverage of Diageo at ‘hold’ with a 1,830p price target, which implies 1% downside to the current share price.