Full List Of Stories
London close: Stocks finish weaker despite positive GDP data
London stocks closed in the red on Friday, as investors weighed better-than-expected UK GDP data against slumps for industrial production and retail sales across the pond.
Weekly review
The FTSE 100 ended the week higher, gaining 57. 67 points across the five trading sessions to close at 7,542. 95 on Friday.
Director dealings: Kestrel buys more of IQGeo, Pharos directors cover tax bills with sales
IQGeo Group was at the top of the buyers’ list on Friday, disclosing that Kestrel Partners had purchased 200,000 shares on behalf of its discretionary clients.
Global Petroleum pleased with European Court finding
Global Petroleum announced on Friday that the European Court had effectively found that its four permit applications in the Southern Adriatic, offshore Italy, did not contravene European Union law.
Scotgold upbeat on bumper fourth quarter production
Scotgold Resources updated the market on fourth quarter operations at its Cononish Gold and Silver Mine in Scotland on Friday, as it targeted a run rate of gold of 23,500 ounces by the end of the first quarter of 2023.
Tower Resources raises £1.5m for maintenance and work programmes
Africa-focussed oil and gas company Tower Resources raised £1. 5m, it announced on Friday, to fund maintenance, planning and work programme costs across its portfolio.
Orosur agrees joint venture for Brazil tin project earn-in
Orosur Mining has signed a joint venture agreement with Meridian Mining UK, it announced on Friday, in relation to the Ariquemes tin project in Brazil.
Power Metal progresses uranium plans in Saskatchewan
Exploration company Power Metal Resources updated the market on its uranium portfolio on Friday, which includes seven wholly-owned properties across 411. 96 square kilometres surrounding the Athabasca Basin in northern Saskatchewan, Canada.
Fusion Antibodies forms new scientific advisory panel
Preclinical antibody discovery, engineering and supply company Fusion Antibodies announced the formation of a new scientific advisory panel (SAP) of experts on Friday, to support research and development across its range of antibody services, and to provide advice regarding emerging science and technology issues and trends.
SmartSpace set to end year in line with market forecasts
Workplace and commercial building space management software company SmartSpace Software said in a trading update on Friday that it had been progressing its objective to build a high-growth software-as-a-service (SaaS) business, with “strong” recurring revenues.
Treasury inches closer to minority ownership of NatWest
The UK government has offloaded another £420m worth of shares in NatWest Group, as its continues to sell down its stake in the majority state-owned bank.
Tesla now accepting dogecoin as payment for whistle, ride-on toy
Tesla made good on its promise to start accepting dogecoin on Friday, with its chief executive officer Elon Musk saying it was now accepting the meme cryptocurrency as payment for some of its merchandise.
Asia report: China trade data mixed as Bank of Korea raises rate
Stocks ended the last session of the week in negative territory in Asia, as traders digested fresh data that painted a mixed picture of Chinese trade, and South Korea’s central bank hiked interest rates.
Petropavlovsk hopes KPMG report will 'draw a line' under governance lapses
Petropavlovsk announced on Friday that KPMG has published its final report on its forensic investigation into some of its historical transactions, identifying a number of issues with payments worth over $300m.
US close: Nasdaq slide leads Wall Street weaker
Wall Street stocks closed in the red on Thursday, with Big Tech names on the slide, as investors digested December's producer price index and this week's jobless claims figures.