Market Pulse
Asia report: Chinese property shares jump on fresh policy
Stocks in the Asia-Pacific region ended mixed on Friday, driven by significant developments in China's property market.
Sainsbury's enters five-year AI partnership with Microsoft
J Sainsbury announced a five-year partnership with Microsoft on Friday, aimed at enhancing customer and colleague experiences through artificial intelligence (AI).
Richemont names Nicholas Bos as CEO
Luxury goods business Richemont re-established the role of chief executive officer on Friday as the Swiss group continues to navigate a market downturn.
London open: FTSE edges down after US losses; Landsec in focus
London stocks edged lower in early trade on Friday following a downbeat close on Wall Street.
Renold renews partnership with British Cycling
Renold said on Friday that it has renewed its partnership with British Cycling for a further three years.
GSK raises £1.25bn from sale of remaining Haleon stake
GSK said on Friday that it has sold its remaining 4. 2% stake in consumer health business Haleon, which it spun off in July 2022.
Unilever licks off first tranche of share buyback programme
Unilever announced the start of its €1. 5bn share buyback programme on Friday, kicking off the first tranche of up to €850m worth of shares.
London pre-open: Stocks seen lower after Wall Street losses
London stocks were set to fall at the open on Friday following a downbeat close on Wall Street.
Friday newspaper round-up: Bank branches, mortgages, Northern Rock
The number of UK bank branches that have shut their doors for good over the last nine years will pass 6,000 on Friday, and by the end of the year the pace of closures may leave 33 parliamentary constituencies – including two in London – without a single branch. The tally is being published by the consumer group Which? as it seeks to make the “avalanche” of closures and the “disastrous” impact they can have on local communities an election battleground.