Market Pulse
FTSE 100 movers: Jakarta bombs force IHG to fall
After a mostly positive week, the FTSE 100 was down 100. 16 points (1. 68%) to 5,860. 81 by mid-afternoon Thursday.
Rio Tinto freezes pay ahead of "very sobering" year ahead
Rio Tinto chief executive Sam Walsh has enforced a global pay freeze across the company as part of a cost-cutting exercise for what he expects will be "an even tougher year".
Fiat Chrysler contends US lawsuit is without merit
A lawsuit has been filed against Fiat Chrysler Automobiles by a car dealership in the US that alleged the carmaker inflated sales figures by offering money to report unsold vehicles as sold.
Goals Soccer trading in line; sales drop
Goals Soccer said on Thursday that trading for the year was in line with its revised expectations, as it reported a drop in total sales.
Glencore launches early refinancing of credit facility
Commodities colossus Glencore has begun to refinance a portion of its massive debt pile, agreeing new terms on a $8. 45bn, one-year revolving credit facility, according to reports.
Iran and Venezuela accused of financing Spain's Podemos by alleged DEA informant
The governments of Iran and Venezuela funneled financing to Spain’s far-left Podemos party through a conglomerate controlled by Iranian businessman Mahmoud Alizadeh Azimi, according to alleged evidence provided to Spanish police by a confidential source of the US Drug Enforcement Agency, website Bolsamania. com said, citing a report in El Confidencial on Thursday.
Friday preview: Bovis Homes reports full-year trading update
Bovis Homes reports its full-year trading update on Friday after warning in late 2015 that annual profit margins would be hit by planning delays and rising costs.
McColl's Christmas sales rise amid expansion programme
Convenience retailer McColl’s Retail said sales grew over the Christmas period, with a record performance on the day itself.
Countryside Properties to float on London stock market
Housebuilder and urban regeneration partner Countryside Properties has announced its intention to float on the London Stock Exchange next month.
US open: Stocks fall after downbeat US data
US stocks fell as the latest initial jobless claims data came in worse than expected and import prices continued to decline in December.
StanChart upgraded to buy on new management focus
Standard Chartered has been upgraded from ‘hold’ to ‘buy’ by Berenberg, citing recent events giving it three key catalysts for the company to change.
Home Retail downgraded to 'sell' by Canaccord
Home Retail was under the cosh on Thursday as Canaccord Genuity downgraded its rating on the stock to ‘sell’ from ‘hold’ after the owner of Argos guided lower on profits.
Some ECB members called for 20bp cut at December meeting - Minutes
Some policymakers at the European Central Bank argued for a larger cut to interest rates when they met in December, the minutes of that meeting showed.
Broker tips: Home Retail, Dechra Pharma, StanChar
Dechra Pharmaceuticals remains a strong stock with plenty in the pipeline, according to Investec on Thursday.
Market overview: Weekly US unemployment claims edge higher
1330: Initial weekly unemployment claims increased by 7,000 to 284,000 over the seven days ending on 9 January, according to the Department of Labor. Economists at Barclays had pencilled in a rise to 275,000.
US weekly initial unemployment claims edge higher
Unemployment claims Stateside edged higher in the latest week.
Dechra Pharma drops despite positive half-year update
A half-year trading update from animal health group Dechra Pharmaceuticals showed growth was strong in America and solid in in Europe.
Tesco's strong Christmas puts sheen on weak third quarter
Tesco's fortunes turned around over the Christmas period, with an impressive like-for-like sales improvement following another decline in the third quarter.
US pre-open: Uncertainty endures over oil and Asia
US markets were fluctuating around opening relatively flat on yesterday’s close, unsure what to take from Asia’s mixed results and anxiously waiting to see how oil prices would move.
MPC keeps rates unchanged, as expected
Rate setters in Britain kept policy unchanged following their latest deliberations, as had been widely expected.