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Europe close: Markets end volatile week on a mixed note
European stocks struggled for direction on Friday as investors erred on the side of caution following a turbulent week and ahead of a gathering of central bankers at Jackson Hole in the US.
US open: Stocks slide as investors remain jittery ahead of Jackson Hole meeting
The main US indices slid early on Friday, as investors remained jittery after a volatile week and ahead of of a weekend gathering of the world´s central bankers.
British & American Investment Trust outperforms main benchmarks in first half
British & American Investment Trust outperformed the FTSE 100 and All Share indices in the first six months of the year.
Fed shouldn't delay interest rates hike, despite financial turmoil, says Bullard
The Federal Reserve should not postpone a first interest rate hike, despite the recent market turmoil, a Federal Reserve policymaker said on Friday.
Uni Michigan confidence falls below expectations in August
The University of Michigan confidence indicator declined unexpectedly in August, figures released on Friday showed.
No case for interest rate hike, says top Fed policymaker
Bar a drastic change in the economic outlook, there is no case for a hike in interest rates this year, a Federal Reserve policymaker said on Friday.
US pre-open: Futures in the red ahead of Jackson Hole symposium
US stock futures veered south on Friday, as investors remained jittery after a volatile week and ahead of a weekend gathering of the world´s central bankers.
UTV surges despite dip in interim profits
Shares in UTV Media jumped 7% on Friday, even though the media group posted a slight dip in interim pre-tax profit.
HSBC to probe Bacs issues as payments are held up
Banking giant HSBC said it will investigate the issues that led to a number of payments being held up on Friday.
Charles Taylor lifts dividend as interim profit jumps
Insurance services provider Charles Taylor posted higher interim profit and revenue, boosted by a steady progress in its management services.
Bacanora and Rare Earth surge on Tesla deal
Rare Earth Minerals and Bacanora Minerals have signed a deal with electric sports car and energy storage products company Tesla Motors.
UK GDP meets expectations in second quarter
The UK economy grew in line with expectations in the second quarter, figures released on Friday showed.
Uber's Chinese arm closes $1bn fundraising earlier than expected
Uber Technologies’ Chinese division has closed its $1bn fundraising rounds earlier than expected.
Kier Group retained as sole contractor on Scape's £1.5bn project
Property and construction group Kier Group has been retained as the sole contractor on Scape Group’s £1. 5bn framework.
Jimmy Choo interim profit jumps as revenue grows
Luxury shoe and handbag maker Jimmy Choo posted a significant hike in profit in the first six months of the year, boosted by growth in its retail division.