Market Pulse
Chinese thirst for Kiwi milk sees A2 shares skyrocket
One of New Zealand's dairy exporters was cracking open the champagne on Friday, after seeing its share price skyrocket on both sides of the Tasman Sea.
Apple Pay to be rolled out in China next year
Apple has teamed up with China UnionPay to bring Apple Pay to China, starting early next year.
Europe open: Stocks slip as Fed-inspired rally loses steam
European stocks were in the red in early trade, taking their cue from negative US and Asian sessions as the Federal Reserve-inspired rally lost steam.
Sports Direct hits back at Guardian claims
Sportswear retailer Sports Direct issued a statement on Friday defending the way it treats its staff following a damning report in the Guardian.
Amec Foster Wheeler awarded South African contract
Amec Foster Wheeler underpinned its South African operations on Friday, and extended its relationship with miner Petra Diamonds, with the announcement of a new partnership in the country.
New drug trial data supports AstraZeneca's clinical activity
AstraZeneca said on Friday that preliminary findings from the ATLANTIC trial of durvalumab, a treatment for a type of non-small cell lung cancer, supports the treatment’s clinical activity.
GlaxoSmithKline acquires HIV assets
GlaxoSmithKline’s HIV business has reached a couple of deals with Bristol-Myers Squibb to acquire its late-stage HIV research and development assets as well as its portfolio of preclinical and discovery stage HIV research assets.
Intertek swallows Italian food testing group
Intertek Group took a big bite of Italian on Friday, as it reached agreement to purchase Food International Trust (FIT-Italia).
Friday newspaper round-up: Google, nPower, Lagarde, BoE
Google has hit out at proposed new rules for allowing autonomous vehicles on to California’s roads, accusing one of the most forward-looking transport regulators in the US of limiting progress. In a post on Thursday, Chris Urmson, head of Google’s self-driving car unit, called the new rules “perplexing” and said they risked “putting a ceiling on the potential of self-driving cars”. – Financial Times.
London pre-open: Stocks seen lower on weak US and Asian cues
London stocks are set to open lower, taking their cue from downbeat sessions in the US and Asia.
BG gets Federal approval for LNG facility
London’s FTSE 100 is seen starting 20 points lower than Thursday’s close at 6,082.