Market Pulse
US close: Stocks end higher ahead of long weekend
US stocks finished higher on Friday ahead of the Fourth of July long weekend as investors set Brexit worries aside and weighed a batch of economic data.
Nektan anticipates higher revenue in second half of the year
Mobile real money gaming provider Nektan expects to have good growth in revenue in the second half of the financial year compared to the first.
London close: FTSE upholds rally on prospect of BoE stimulus
The FTSE ended the week on a high note as investors pushed aside worries about Brexit and as sentiment was lifted by hopes of further stimulus measures.
Europe close: Markets end positive a week after Brexit
European stocks managed to finish Friday comfortably in the green, after some hesitance in the middle of the session as investors digested the prospect of further central bank easing in the wake of the Brexit vote.
Never-used water cannon bought by Boris Johnson to be sold
New London mayor Sadiq Khan said he was selling the three water cannons bought by Boris Johnson last year without ever having been used.
US open: Stocks rise ahead of Independence Day celebrations
US stocks rose for a third day on Friday ahead of the long weekend as investors took a break from worrying about Brexit and the uncertainty surrounding the upcoming US Presidential election.
Shell to take "good look" at North Sea assets amid Brexit uncertainty
Due to continued low oil prices Royal Dutch Shell is taking a “good look” at its assets in the North Sea as it warns against Brexit uncertainty.
Directors dealings: BAE Systems non-exec picks up some shares
Elizabeth Corley, a non-executive director at BAE Systems, picked up a hefty amount of shares in the aerospace manufacturer at the end of the week.
BoE reportedly plans to ease banks' capital requirements on Brexit
The Bank of England is said to be planning cuts to bank’s capital requirements as early as next week.
Friday newspaper share tips: Rio Tinto, Hays, PageGroup
Investors in Rio Tinto need not worry about yesterday´s unexpected change of control in Mongolia´s parliament, the Financial Times´s Lex column said.
Twenty banks to invest in UK despite Brexit, says PwC
About 20 start-up banks and financial companies plan to invest a combined £500m to open businesses in the UK despite Brexit, according to an accounting firm on Friday.
Broker tips: Telecom plus, Jimmy Choo, Rolls Royce
Utility group Telecom plus was upgraded to ‘sector perform’ from ‘underperform’ and had its target price raised to 1,050p from 850p by RBC Capital Markets on Friday.
Europe midday: Stocks struggle to cling onto gains
European stocks were struggling to cling onto gains by midday, as investors weighed up the prospect of further easing by central banks against post-Brexit uncertainty, although equities were on track for a positive finish to the week.
Ryanair seeks approval for more share buybacks after Brexit
Budget airline Ryanair will hold an EGM in Dublin on 27 July to seek shareholder approval to engage in further share buybacks over the next 15 months to exploit any share price volatility brought on by the EU’s decision to leave the European Union.
London midday: Stocks rise on prospect of fresh BoE stimulus
UK stocks advanced on Friday after the Bank of England said fresh stimulus measures were likely in response to Brexit.
Week ahead: US non-farm payrolls, Brexit in focus
Markets were expected to re-focus on the prospects for the US economy in the coming week, with traders likely highly anxious of the next monthly US non-farm payrolls report, on Friday.
Tesla's self-driving function being investigated in US after fatality
Tesla Motors is under investigation in the US after a man died while using the company's self-driving function on his Model S car.
US pre-open: Stocks set for slightly weaker open ahead of long weekend
US futures pointed to a slightly weaker open on Wall Street as the early-morning gains in European markets began to fade.
Rolls Royce profits to get big lift from drop in sterling
Rolls Royce´s revenues were set to grow more slowly in the short-term but the drop in sterling´s value was set to give the manufacturer´s bottom-line a big boost over the short-to-medium term, analysts at Credit Suisse said.
EasyJet said to be in talks about moving HQ outside UK
EasyJet has reportedly opened talks with EU member states’ aviation regulator about relocating its headquarters from the UK following the vote to leave the EU.