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Market Pulse
04 Feb
barclays, bank
Barclays said to hand over Qatar documents to SFO

Barclays has reportedly agreed to hand over internal documents to British prosecutors, a move that could end a drawn-out investigation into a 2008 fundraising involving Middle Eastern investors.

04 Feb
Centrica, offshore wind farm
INPP wins Ofgem approval to run Yorkshire's Westermost Rough windfarm

Energy regulator Ofgem has given the green light to International Public Partnerships (INPP) and its consortium to operate the 210 megawatt Westermost Rough wind-farm eight kilometres off the coast of Yorkshire.

04 Feb
smartphone-Simon
Forbidden Technologies wins first contract for video platform

Forbidden Technologies was celebrating its first contract win for its social video platform on Thursday, after a number of proof-of-concept trials.

04 Feb
oilfield
MX Oil completes first step at Tampico-Misantla

MX Oil completed the first of many steps on the road to production at its four Land Contract Areas (LCAs) in Mexico on Thursday, in conjunction with its local partner Geo Estratos.

04 Feb
Stagecoach bus, transport
Rotala chugs its way through 2015

Rotala's buses were chugging along on Thursday, as the company updated the market on the year to 30 November, with language reflecting a relatively flat year.

04 Feb
m winkworth london real estate
Property market helps Winkworth pass 100-office mark

The UK's relatively buoyant property market made for a good start to the year at M Winkworth on Thursday, with the AIM-traded real estate franchisor passing the 100-office mark.

04 Feb
Wall Street, New York Stock Exchange, markets, traders, US, America
US open: Stocks decline after worse-than-expected data

US stocks declined as investors weighed a worse-than-expected data on weekly jobless claims, durable goods orders and factory orders.

04 Feb
factory, factories, manufacturing
US factory orders drop more than expected in December

US factory orders fell 2. 9% in December, according to data released by the Commerce Department.

04 Feb
tidjane thiam, credit suisse
Credit Suisse tumbles as it posts first annual loss since 2008

Credit Suisse shares tumbled on Thursday after the bank posted its first annual loss since 2008.

04 Feb
pound, sterling, pounds
Dillistone warms market up for revenue growth

Dillistone Group was warming up the market for some positive revenue growth in the year to 31 December, releasing a trading update on Thursday.

04 Feb
chariots gay spa shoreditch london
Death sentence for London mega gay sauna

One of London's gay institutions was handed its death sentence on Thursday, with the Chariots Roman Spa sauna in Shoreditch to make way for a luxury development.

04 Feb
old mutual, insurance
Old Mutual AM increases fees in fourth quarter

After a volatile fourth quarter, Old Mutual's asset management subsidiary posted solid core earnings for 2015, stated its confidence about withstanding the market challenges in 2016 and announced a buyback programme.

04 Feb
federal reserve, fed, usa,
US labour costs rose more quickly than expected in the fourth quarter

Labour costs Stateside rose sharply at the end of last year as worker´s productivity slipped, new government statistics revealed.

04 Feb
City workers
US initial jobless claims rise a touch more than expected

The number of first time unemployment benefits claimants in the US rose a little more than expected last week.

04 Feb
mina, glencore
S&P downgrades Glencore´s long-term debt rating

The "very challenging" outlook for the price of copper and other metals and the resulting heightened volatility in Glencore´s earnings requires a more cautious approach by investors towards the company´s debt and financial leverage, Standard&Poor´s said.

04 Feb
Marks & Spencer, marks spencer, supermarket
Marks & Spencer teams up with Alexa Chung for heritage collection

Marks & Spencer will collaborate with model and style icon Alexa Chung on a 31-piece womenswear collection.

04 Feb
barclays, jes staley
HSBC cuts price targets for Barclays, Lloyds and RBS

The exposure of UK banks to China and oil should not be a material concern and the prospects for dividends have improved but the likelihood of later rate hikes in the UK means their shares are now worth less, HSBC analysts said.

04 Feb
New York Stock Exchange, markets, traders, USA, stocks, shares, Wall Street. Photo: Pete Bellis
US pre-open: Markets start to turn ahead of opening bell

After staying in the black in pre-market trading, US markets had turned just before the bell as oil prices started to dip again.

04 Feb
astrazeneca
AstraZeneca warns of declining profits in 2016

Astrazeneca's shares dropped on Thursday after warning that the expiry of the patent on its anti-cholesterol drug Crestor will cut its profits this year on competition from cheaper generic versions.

04 Feb
Finance, graph
Avanti Communications posts narrower first half loss

Avanti Communications, which provides satellite data communications services, said its loss for the half year narrowed.