Market Report
PBoC Governor says "tremendous" room left for more stimulus
China's central bank has "tremendous" room to provide further policy stimulus if trade tensions with Washington escalate, its Governor said at the end of the week.
Europe midday: Stocks jump ahead of US jobs report, central banks in focus
Stocks across the Continent are moving higher, tracking gains overnight on Wall Street, with investors apparently cheered by the prospect of central bank easing on both sides of the Atlantic should trade tensions increase.
Waterstones owner Elliott to buy Barnes & Noble in $683m deal
Barnes & Noble, the largest bookseller in the US, has agreed to be bought by Elliott Management for around $683m in cash.
German industrial production slumps in April
German industrial production fell much more sharply than expected in April, according to figures released by Destatis on Friday.
Huawei must improve 'shoddy' security standards, UK cyber official says
A senior British cyber security official from the GCHQ said on Thursday that Huawei needs to raise its “shoddy” security standards as the company faces pressure from the US and its allies.
Asia report: Markets rise on US trade talk optimism, PBoC confidence
Asian markets followed US indices higher overnight, with investors optimistic that the US will delay the imposition of 5% tariffs on Mexican goods that is set to go into force next week.
US pre-open: Stocks look set to continue rally into fourth straight session
Stocks on Wall Street looked set to extend their rally into a fourth straight session on Friday amid hopes of progress on trade talks between the US and Mexico.
May and Hammond clash over swansong spending
Theresa May and Philip Hammond are at odds over the prime minister's wish to announce billions of pounds of extra spending before she leaves office, the Financial Times reported.
Mayan Energy stays on track despite 'exceptional period of weather'
Oil and gas producer Mayan Energy's Texan assets recorded a gross mean average production of 131 barrels of oil equivalent per day during the month of May from its Texas assets amidst "an exceptional period of weather".
London midday: Stocks extend gains ahead of payrolls
London stocks had extended gains by midday on Friday, with the mood underpinned by rate cut hopes and optimism over trade talks between the US and Mexico, as investors eyed the release of the latest non-farm payrolls report.
Anglo African reassess Tilapia plan following success at TLP-103C
Oil and gas producer Anglo African revealed on Friday that production from its TLP-103C well on the Tilapia field has continued to flow oil to the surface under its own pressure with minimal water content.
Government spends at least £97m on Brexit consultants
The government has spent at least £97m on external Brexit consultants amid confusion over total consultancy spending, an official investigation has found.
Europe open: Stocks push higher on hopes for rate cuts
Stocks across the Continent are moving higher, tracking gains overnight on Wall Street, with investors apparently cheered by the prospect of central bank easing on both sides of the Atlantic should trade tensions increase.
Somero's first half dampened by record rainfall across the US
Manufacturing company Somero Enterprises warned on revenue and earnings on Friday as it said trading in the five months to the end of May was hit by adverse weather conditions across the US.
Surgical Innovations warns on profits as Brexit uncertainty takes its toll
Surgical solutions group Surgical Innovations warned on profits on Friday as it said the lack of momentum seen in the first quarter has continued into the second.
Deutsche Bank downgrades Sage, sees slowdown in recurring revenue growth
Deutsche Bank downgraded its stance on shares of software group Sage to 'sell' from 'hold' on Friday as it pointed to a slowdown in recurring revenue growth.
Invesco sells 9.3% stake in AJ Bell
Invesco Asset Management has sold a 9. 3% stake in investment platform AJ Bell.
ThinkSmart shares boosted as ClearPay goes live in the UK
Software firm ThinkSmart saw its shares soar on Friday after it revealed that ClearPay was now live and processing transactions across the UK.
PHSC earnings boosted by disposal
Consultancy outfit PHSC saw revenues slip in its last trading year but still managed to carve out an improved set of earnings on the back of a property disposal.
Smiths Group appoints JehanZeb Noor as CEO of medical division
Smiths Group has appointed JehanZeb Noor as chief executive officer of its medical division.