Market Pulse
Moss Bros appoints new FD and COO
Specialist menswear retailer Moss Bros has appointed Tony Bennett as group finance director and Paula Minowa as chief operating officer.
Europe open: Stocks edge lower as investors book profits
European stocks edged lower in early trade as investors looked to book some profits following a week of healthy gains.
Central banks are pushing on a string, Stephen Roach says
Although it remains to be seen whether the US central bank will follow the likes of the Eurozone and Japan into the realm of negative interest rates, central banking has lost its way and is in crisis, can the world economy be far behind? Stephen Roach asks in an article for Project Syndicate.
German producer prices fall more than expected in January
German producer prices fell more than expected in January, according to figures released by Destatis.
US close: Stocks slip as oil futures come under pressure
Wall Street ended the session lower as a retreat in oil futures undercut positive news on the jobs front.
Oil downturn drags on growth at Essentra
Essentra reported good growth across most of its operations for the year to 31 December on Friday, but a lagging oil and gas sector had one of its divisions dragging the company down.
CLS Holdings disposes of Swedish property
CLS Holdings has exchanged contracts to sell its Vänerparken property in Sweden for SEK590m (£48. 8m) to privately-owned real estate company Bengt Linden AB.
AstraZeneca gets European approval for Zurampic and Brilique
The European Commission has given AstraZeneca’s Zurampic drug marketing authorisation for the treatment of gout in the European Union.
Millennium & Copthorne profit hit by external factors
Millennium & Copthorne Hotels posted an 86% drop in fourth quarter pre-tax profit despite a slight gain in revenue.
Coca-Cola HBC rises above volatile rouble
A thirsty clientele saw volumes increase at Coca-Cola HBC in the year ended 31 December, and earnings were slightly ahead despite foreign exchange having an adverse impact on revenues.
Friday newspaper round-up: Cameron, UK interest rates, Facebook
European leaders were joining together to insert a “last chance” clause into David Cameron’s renegotiation deal last night, ensuring that Britain would never be allowed to reopen talks. In the surprise move, pushed by Belgium and backed by France, all 28 countries will insist that an agreement struck today is the maximum that can ever be offered to Britain. Although British officials stressed that the move had not been prompted by the prime minister, he is believed to support it as a way of convincing Eurosceptics that the deal on the table is the last and only offer.
Standard Life reports jump in profits
London open The Footsie is seen starting the day six points lower than Thursday's closing level of 5,971. 95.
London pre-open: Stocks seen little changed as investors eye retail sales
London stocks looked set to open little changed ahead of some closely-watched UK data releases.