Market Pulse
US job growth slows slightly in September
US job growth slowed to a pace of 156,000 in September, according to the US Department of Labor.
Pound weakness will be negative in the medium-term
Weakness in the pound reflects a "fundamental change in British competitiveness", a top ex-Bank of England official said.
Brexit marked low-point for bond yields, BofA Merrill says
Brexit marked the 2016 low for bond yields, strategists at Bank of America-Merrill Lynch said in a report titled "The Day QE died", although fixed income - albeit not those for Treasuries - continued to see large inflows of clients´ funds.
Ford to cease manufacturing cars in Australia
US carmaker Ford Motor´s its last Falcon model rolled off its Australian assembly line on Friday, with 600 jobs to be lost in the state of Victoria as the manufacturer stops producing Down Under.
Unseasonably warm September dampens fashion sales, says BDO
An unseasonably warm September affected fashion sales as high street retailers recorded the second worst figures for the year so far, according to a business and accountancy advisory firm.
House prices rise over six times average salary, says ONS
Adding to the woes of prospective first time buyers, the Office for National Statistics found that average house prices in England and Wales increased to over six times the average salary last year.
Death toll in Haiti rises to more than 300
The full extent of Hurricane Matthew's impact on the Carribean nation of Haiti is becoming clear, as officials confirmed the death toll may be as high as 300.
TomCo moving towards 2tph palm oil processing plant
TomCo provided an update on the proposed palm oil milling operation in the Makeni oil palm belt in Sierra Leone on Friday.
Venture Life completes equity issue to Vantage Link
International consumer self-care group Venture Life announced that it is issuing 5,000 new 0. 3p ordinary shares to Vantage Link.
Salesforce CEO accuses Microsoft of being "anti-competitive"
Marc Benioff, chief executive officer of Salesforce. com, has hit out at executives at Microsoft for being "anti-competitive" in its acquisition of social network LinkedIn.
Mila Resources admitted to trading in London
Natural resources sector-focused company Mila Resources announced the admission of its entire issued share capital to trading on the Official List of the London Stock Exchange on Friday.
London midday: Stocks rise as pound suffers flash crash
London stocks gained on Friday as the pound suffered a flash crash on what was suspected as automated trading.
Europe midday: Stocks retreat ahead of payrolls; pound under pressure
European stocks fell on Friday as investors awaited the release of the non-farm payrolls report and following a ‘flash crash’ in the pound in Asian trading.
European Commission clears Premier Farnell's Avnet deal
The European Commission has cleared US-based Avnet’s takeover offer for London-listed electronics maker Premier Farnell.
HarbourVest extends SVG Capital bid deadline
HarbourVest has extended the deadline for shareholders in private equity investor SVG Capital to accept its £1bn hostile bid for the company by a week until 13 October.
Verizon expecting to receive $1bn discount in Yahoo deal - report
US telecommunications giant Verizon is said to be seeking a discount on its $4. 83bn deal to buy internet firm Yahoo, after issues in recent weeks surrounding data protection incidents.
US pre-open: Stocks seen touch lower ahead of payrolls
US futures pointed to a marginally weaker open on Wall Street, with investors likely reluctant to make any big bets either way ahead of the nonfarm payrolls report, while a ‘flash crash’ in the pound added to jitters.
Asia report: Markets trip as sterling plummets
Markets in Asia tripped on Friday, as traders watched sterling take a major slide, and kept their purses closed ahead of the crucial nonfarm payrolls report for September, due from the US later on Friday.
Defenx raises £1.5m in placing and subscription
Mobile security software solutions company Defenx announced a conditional placing and subscription of 1,897,500 new ordinary shares of £0. 018 each on Friday, at a price of 80p per share, raising gross proceeds of approximately £1. 52m.
Snapchat gearing up for IPO to the value of $25bn
The parent company of trendy messaging app Snapchat is working on an initial public offering for early 2017 that would potentially value the business at round $25bn.