Market Pulse
Bank of Russia dashes hopes for quick rate cuts
Russia´s central bank loosened policy in response to a slowdown in the rate of price rises in the country, lower inflation expectations and unstable economic activity, but issued a hawkish statement which took some investors by surprise.
George Osborne commits to Northern Powerhouse project
Former Chancellor George Osborne confirmed he will remain in Parliament to concentrate on the Northern Powerhouse and “fight for things that I care about”.
Greenspan warns of danger caused by "crazies" in US politics
The former chairman of the US Federal Reserve Alan Greenspan is afraid that "crazies" will undermine the country's economic and political standing.
Exxon faces investigation into accounts from New York Attorney General
US oil corporation Exxon Mobil Corp. is set to be investigated by New York Attorney General Eric Schneidermann over claims that the company has not written down the value of its assets.
Aura Energy raises £600,000 on Australian Stock Exchange
Uranium miner Aura Energy raised £607,050 (AU$1. 065m) on the Australian Stock Exchange, adding to funds recently raised on AIM, in order to progress with two projects and provide working capital.
Intercede warns over full-year revenue
AIM-listed cyber security firm Intercede said on Friday that full-year revenues are likely to be below the previous year.
Europe midday: Stocks extend losses as Deutsche Bank leads banks lower
European stocks extended losses, with banks under the cosh as Deutsche Bank faces a $14m fine from the US Department of Justice, and as quadruple witching added to volatility.
Science Group secures new £15m loan facility
Science Group announced a new 10-year, £15m loan facility on Friday, as the board worked to shore up its finances.
Circle Oil Moroccan pipeline repairs completed
International oil and gas exploration, development and production company Circle Oil announced the completion of repairs to its gas pipeline in Morocco on Friday.
Spire Healthcare surges on report of Mediclinic bid
Private healthcare provider Spire Healthcare surged on Friday following a report that peer Mediclinic was preparing a bid for the remainder of the company.
US pre-open: Stocks seen slightly lower ahead of inflation data
US futures pointed to a slightly weaker open on Wall Street as investors eyed the release of key inflation figures later in the day.
CMA lifts enforcement order from DX Group
Independent parcels, mail and logistics operator DX updated the market on Friday, on the Competition and Markets Authority’s review of its acquisition of the trade and assets of The Legal Post (Scotland) Limited and First Post Limited.
Bango turns on Windows payments in more European countries
Mobile payments company Bango announced on Friday that it has expanded the availability of carrier billing for Microsoft Windows Store.
Sabien Technology to raise £750,000 via placing
Energy efficiency technology manufacturer Sabien Technology will raise £750,000 through a share placing on AIM on Wednesday, in order to invest in pilot projects.
Fund manager ups contrarian bet on Deutsche Bank
Contrarian investor Hans-Peter Schupp topped up his position in Deutsche Bank shares on Friday morning following the new leg lower in the price of the German lender´s stock, the second time that he had done so over the past two months.
BrainJuicer Group returns to double-digit growth
Market research agency BrainJuicer Group returned to double-digit growth in the first half of the year, after years of “pedestrian progress”, helped by the fall in the value of the pound.
Tesla shares rise after winning California utility contract
Shares in innovative US carmaker Tesla climbed on Thursday after the announcement that it had won a bid to provide a 20 megawatt energy grid to Southern California Edison.
Deutsche Bank balks at DoJ´s proposed $14bn settlement
Germany´s largest lender, Deutsche Bank, balked at the $14bn payment proposed by the US Departmemt of Justice to settle an investigation into the lender´s sale of residential mortgage-backed securities in the years immediately before the start of the financial crisis.
Weak post-Brexit sterling could boost Eco Animal Health
Eco Animal Health talked up its position post-Brexit on Friday morning, as investors gathered for the company’s annual general meeting.
Apple's iPhone shortage could lead to customers walking off empty-handed
iPhone buyers eagerly anticipating the first sales day of the 7 and 7 Plus versions may well go home disappointed, as reports suggest Apple has not delivered enough devices to keep up with demand for the smartphone.