Market Pulse
Europe open: Low German inflation keeps markets lower
Markets opened straight into the red in Europe on Friday, with low inflation data from Germany raising doubts over the European Central Bank’s ability to lift inflation in the eurozone.
Shore Cap reiterates 'buy' on Sky after German Bundesliga TV deal
Shore Capital on Friday reiterated its ‘buy’ rating and target price of 955p on Sky after the broadcaster secured the lion’s share of TV rights to German Bundesliga football matches for €3. 5bn.
Sainsubury's to appoint its CFO as boss of Home Retail after takeover completes
J Sainsbury announced on Friday it will appoint its chief financial officer John Rogers as chief executive of Home Retail Group on completion of its £1. 4bn takeover.
London pre-open: FTSE to open lower amid Brexit worries
London’s FTSE 100 is expected to open 12 points lower on Friday as oil prices fell and as concerns on this month’s European Union referendum persisted.
Polymetal signs up to Cyanide Management Code
Precious metals mining company Polymetal International announced on Friday that it has become a signatory to the International Cyanide Management Code.
Tesco confirms sale of Kipa, Giraffe
Grocery giant Tesco confirmed the proposed sale of its Kipa and Giraffe businesses on Friday, as it continues to slim down and focus on its core retail business.