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Market Report
21 Dec
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Interserve and lenders agree terms for debt-for-equity swap

Interserve has negotiated the main terms of a debt-for-equity swap with its lenders, with a portion of new shares offered to existing and new investors through a public offering.

21 Dec
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London open: Stocks flat after Wall St losses, as China-US relations sour

London stocks were steady in early trade on Friday, with investors reluctant to make any big bets either way following more losses on Wall Street overnight after the Fed's disappointing policy announcement earlier in the week, and amid souring relations between the US and China.

21 Dec
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RPC wrangles another takeover deadline extension

Plastic packaging specialist RPC Group has again pushed back the deadline for private equity firm Apollo Global Management to make a takeover offer.

21 Dec
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Vodafone firing PwC over audit independence concerns

Vodafone confirmed on Friday it was sacking PricewaterhouseCoopers over litigation concerns, though it was not doing so immediately.

21 Dec
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UK consumer confidence hits five-year low in December - GfK

Consumer confidence in the UK fell to a five-year low in December, according to a widely-followed survey released on Friday.

21 Dec
Anglo American restarts operations at Minas-Rio, RPC pushes back offer deadline for Apollo

London open The FTSE 100 is expected to open four points higher on Friday, having closed down 0. 8% at 6,711. 93 on Thursday.

21 Dec
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London pre-open: Stocks seen lower on downbeat US cues; GDP eyed

London stocks were set for a negative open on Friday following more heavy losses on Wall Street overnight after the Fed's disappointing policy announcement earlier in the week.