Market Report
PCF Group trading 'strongly' ahead of interim numbers
Investors in specialist bank PCF Group were told that the company was trading strongly and in line with management expectations on Friday, as they gathered for its annual general meeting in London.
Europe midday: Stocks stuck in a rut amid trade war worries
Stocks are continuing to trade sharply lower and are near their session lows following US president Donald Trump's pledge to place tariffs on imports of steel and aluminum, with a sharp gain for the Japanese yen adding to the volatile mix.
Mothercare in talks over financing options
Mothercare has begun talking to its lenders and investors as borrowings are expected to breach bank limits in coming months, with profits likely to come in at the lower end of previous guidance.
Asia report: Markets led lower by Trump's US metals tariffs
Markets in Asia finished lower on Friday, led below the waterline by Japan, with carmakers and steel producers seeing serious losses across the region.
US pre-open: Stocks seen down again on trade war fears
US futures pointed to another downbeat session on Wall Street on Friday as news that the US will impose tariffs on steel and aluminium imports sparked fears of a trade war.
United Oil bags 20% stake in Tullow's Jamaican prospect
Exploration and development company United Oil and Gas has completed the farm-in and transfer of a 20% interest in operator Tullow Oil's Walton-Morant Licence, located offshore Jamaica.
London midday: Stocks extend losses on trade war fears, ahead of Brexit speech
London stocks had fallen further into the red by midday on Friday following the release of a better-than-expected but still uninspiring reading on the UK construction sector, as worries about a global trade war and an upcoming Brexit speech by Prime Minister Theresa May rattled investors.
Range Resources boosts Trinidad production on improved flowrates
AIM-quoted exploration and production company Range Resources increased average net oil production to 777 barrels of oil per day in January, a 23% uptick on its most recent quarter, after completing work to increase the water injection rate at its Trinidad operations.
White House denies national security advisor McMaster set to exit
The White House denied on Thursday night that it might replace national security advisor McMaster as early as the end of this month, in what would be the latest move in a long string of staff shake-ups and strained relations between McMaster and the president.
Yen jumps on BoJ chief Kuroda's reference to QE exit
The Bank of Japan will begin to ponder how to exit its ultra-loose monetary policy at some point next year, if justified by economic conditions, next year, Governor Haruhiko Kuroda said.
Pan African ups guidance ahead of production at Elikhulu plant
Precious metals producer Pan African Resources issued updated guidance after kicking off production at its Elikhulu tailings retreatment plant in South Africa, with the firm expecting the ramp up to full production of around 55,000 ounces per year to take no longer than two months.
UK warns of 'serious damage' as Trump steams ahead with trade tariffs
Trading partners of the United States have reacted angrily to the White House plans to impose tariffs on steel and aluminium imports.
Mercia Technologies sells Science Warehouse
AIM-listed Mercia Technologies has sold one of its leading direct investments, Science Warehouse, to Advanced Business Software and Solutions for £16. 9m in cash.
Personal Group salary sacrifice project with Royal Mail goes live
British employee services provider Personal Group saw its salary sacrifice offer to employees of Royal Mail go live on Friday.
Spire Healthcare's new vision fails to stop shares hitting thee-year low
Spire Healthcare Group reported a 24% fall in profits for the last full year after a decline in NHS local work but the private healthcare operator maintained its dividend as new boss Justin Ash said he was "encouraged by the excellent opportunity" ahead.
Amerisur's OBA pipeline nets savings which will 'escalate further'
Oil and gas producer Amerisur Resources announced on Friday that its OBA pipeline has now saved the company $20. 3m after originaly costing $18m.
Europe open: Stocks skid lower as White House pushes ahead with steel tariffs
Stocks are trading sharply lower following US president Donald Trump's pledge to place tarriffs on imports of steel and aluminum, with a sharp gain for the Japanese yen adding to the volatile mix.
Amur completes ice road, begins restocking Kun-Manie
Nickel-copper sulphide mineral exploration and resource development company Amur Minerals Corporation announced the completion of the 350 kilometre ice road from the Ulak station on the Baikal-Amur railway, to its Kun-Manie project in the far east of Russia, on Friday.
Braemar enters trading plan with employee share ownership trustee
Braemar Shipping Services announced on Friday that SG Kleinwort Hambros Trust Company, as trustee of the Braemar employee share ownership plan, has entered into a trading plan with the company.
Custodian announces drive-through Starbucks for Birmingham
Property investment company Custodian REIT announced the completion of a forward-funding agreement for a pre-let development, together with the purchase of the development land, on Friday.