Market Pulse
Canadian-led consortium to buy London City Airport
London City Airport has agreed to be bought by a consortium for an undisclosed sum.
Gaming duties hit William Hill's earnings
Additional gambling duties imposed by HM Government were a sore point for William Hill's earnings in the 52 weeks to 29 December, though the company was confident it could grow out of the rut.
More details revealed about proposed LSE and Deutsche Borse merger
London Stock Exchange Group and Deutsche Borse revealed more information about their proposed merger on Friday, which involved the departure of London's CEO.
Nomura upgrades Burberry to 'buy' ahead of change
Nomura upgraded Burberry to ‘buy’ from ‘neutral’ and lifted the price target to 1,500p from 1,450p.
Asia report: Markets edge ahead after choppy end to week
Asian markets closed mostly in the black on Friday, managing to edge ahead after a choppy end to the week.
Kennedy Wilson full year NAV jumps 15%
Kennedy Wilson Europe Real Estate reported a 15% jump in full year net asset value and a hike in the dividend thanks to good progress across all of the business.
Europe midday: Stocks in the black as oil rallies; RBS tumbles
European stocks advanced on Friday as oil prices rallied and investors sifted through another round of earnings.
IAG profit jumps as passenger revenue rises
A 14% growth in passenger revenue saw International Consolidated Airlines Group’s operating profit before exceptional items jump 68%.
Riverstone Energy's asset value rises but profit drops
Riverstone Energy has increased its year-end net asset value by 8. 6%.
Further monetary and fiscal stimulus still possible, Chinese policymakers say
China´s central bank had tools left in its toolbox should they become necessary, the monetary authority´s chief said on Friday.
Europe open: Stocks push higher as oil prices nudge up
European stocks rose in early trade, taking their cue from positive sessions in the US and Asia, as oil prices edged higher again.
Intu Properties rental income grows but profit falls
Intu Properties reported a drop in 2015 pre-tax profit and a lower property revaluation surplus, although the shopping centre owner saw an increase in rental income.
London midday: Stocks gain as oil prices rise, China hints at further stimulus
UK equities edged higher on Friday as oil prices rebounded and China’s central bank hinted at the prospect of further stimulus measures.
SocGen downgrades global growth forecasts, sees S&P 500 flat from current levels
Deteriorating financial conditions led economists at Societe Generale to downgrade their forecasts for global growth in 2016 and 2017.
London open: Stocks start on frontfoot as PBoC flags additional stimulus
London stocks gained on Friday as China’s central bank hinted at the prospect of further stimulus measures to lift the country´s flagging economy.
Further reduction in deposit rate possible, Bank of Japan´s Kuroda says
The governor of the Bank of Japan, Haruhiko Kuroda, said on Friday that a further move of its deposit rate into negative territory was 'technically possible', although he was not exactly sure to what extent.
RBS posts £2bn loss as restructuring and litigation costs balloon
RBS has confirmed it made a £1. 98bn loss for 2015, down from a £3. 47bn loss the previous year.
Tough markets see Pearson revenue, earnings down
Sales at publisher Pearson declined 2% in underlying terms during the 2015 calendar year to £4. 47bn, according to its preliminary results on Friday.
London pre-open: Stocks seen higher on positive US cues
London stocks are expected to open in the black on Friday, taking their cue from an upbeat session on Wall Street.
BHP Billiton says no settlement reached over Samarco disaster
BHP Billiton denied it has reached a settlement with Brazilian authorities over the Samarco mine disaster.