Market Report
Polemos agrees to reverse takeover of Digitalbox
Cash shell Polemos has conditionally agreed to acquire digital media businesses Digitalbox Publishing and Mashed Productions in a reverse takeover valued at £11. 2m.
Pressure Technologies says HSE will prosecute subsidiary over fatality
Pressure Technologies said on Friday that the Health & Safety Executive plans to prosecute its subsidiary, Chesterfield Special Cylinders (CSC), in relation to a fatal accident that took place there in June 2015.
Europe midday: Stocks dip as investors wait for clarity on trade, strategists upbeat
Stockmarkets across the Continent are trading on a mixed note but are off their session lows as investors digest news of a possible delay in trade talks between the leaders of the US and China and speculation that Washington might be set to slap tariffs on German cars.
Tata Motors plummets 30% after Jaguar Land Rover loss
Tata Motors fell almost 30% in the stock market after its Jaguar Land Rover subsidiary dragged the Indian company to its biggest quarterly loss to date.
London midday: Stocks flat amid Sino-US worries but housebuilders advance
London stocks had lost a little ground by midday on Friday, stabilising after heavy losses in the previous session but unable to make any headway amid fresh concerns about trade relations between the US and China.
Drax kicks off first biomass carbon capture scheme
Drax is the first company in the world to capture carbon dioxide from its biomass-burning power station as it looks to become the first in the industry with negative emissions.
US pre-open: Stocks seen lower amid growth, trade concerns
US stocks looked set for losses at the open on Friday as worries about global growth and trade relations between the US and China weighed on sentiment.
GLI Finance shutters loss-making supply chain unit
GLI Finance announced on Friday that it will close its loss-making supply chain finance unit in order to focus on its asset-backed lending offering.
Trump will not meet Xi before tariff truce deadline
US President Donald Trump said he would not be meeting the Chinese leader Xi Jinping before the 2 March deadline when their trade truce reaches an end.
Wirecard to sue Financial Times over fraud allegations
German fintech giant Wirecard said it was taking legal action against the Financial Times over recent reports alleging creative accounting processes used to win business in Asia.
Nationwide profits drop as it invests in digital banking
Nationwide Building Society posted a 21% drop in profit for the first nine months of the year on Friday as it took a charge for asset-write offs and increased investment in its digital banking.
EU supply paints mixed picture for full year
It was a mixed picture for EU Supply on Friday as the e-procurement software provider said revenues for the year to the end of December 2018 are expected to be slightly below market expectations, but pre-tax profit should be materially above.
Visa sweetens bid for Earthport, trumps Mastercard
Visa International Service Association, a wholly-owned subsidiary of Visa Inc, has upped its bid for payment solutions business Earthport, trumping a rival offer from Mastercard.
Vast Resources appoints Paul Fletcher as new CFO
Mining outfit Vast Resources appointed former Bunge executive Paul Fletcher as chief financial officer on Friday, with immediate effect.
London open: Stocks little changed amid fresh trade war worries
London stocks were a little higher in early trade on Friday despite fresh concerns about trade relations between the US and China as it emerged that Donald Trump won't meet Chinese President Xi Jinping before the 1 March tariff deadline kicks in.
MySale swings to a loss after Aussie tax changes
Online retailer MySale expects the first half of its trading year to result in a loss due to inventory issues and recent changes to Australian goods and services tax regulation.
CMA clears CareTech's £372m acquisition of Cambian
The Competition and Markets Authority has unconditionally cleared CareTech's £372m acquisition of Cambian Group.
London pre-open: Stocks seen a touch higher but trade worries to cap gains
London stocks were set to edge up at the open on Friday following heavy losses in the previous session, but gains were expected to be limited amid worries about Sino-US trade relations.
SSE earnings hit by capacity standstill, Shaftesbury bullish
London open The FTSE 100 is seen starting eight points lower after dropping to 7,093. 58 the day before.