Latest News
Deutsche Bank to pay $7.2bn to settle US mortgages case
Deutsche Bank and the US Department of Justice have agreed the German lender will pay a $7. 2bn settlement, one of the largest ever banking fines, for misleading investors in its sale of residential mortgage-backed securities in the run up to the financial crisis.
US close: Trump's currency jabber jars stocks and dollar
Despite a solid start to earnings season, US stocks and the dollar were both sent reeling by remarks from President-elect Donald Trump that the greenback was "too strong".
Rolls-Royce agrees to pay £671m bribery and corruption settlement
Rolls-Royce has agreed to pay £671m plus interest to settle bribery and corruption allegations in the UK, US and Brazil, it announced in a statement after the market closed on Monday.
Commodities: Trump remarks spark renewed gains for gold, silver
Commodities were weaker nearly across the board, outside of copper and natural gas futures, on the heels of remarks from the US president-elect which acted as a drag on the dollar.
London close: FTSE falls as pound strengthens after Theresa May's Brexit speech
The FTSE 100 closed in negative territory on Tuesday as the pound strengthened after Prime Minister Theresa May revealed the government’s Brexit plans.
Apple increases app prices in UK following fall in the pound
US tech giant Apple has increased the price of its apps in the UK app store by 25% as the value of the pound continues to fall, despite a sharp rise after Theresa May's Brexit speech on Tuesday.
FX round-up: Pound higher as traders are forced to cover shorts after May, Trump
Sterling snapped higher after a speech by the Prime Minister triggered short-covering from traders, with US dollar-negative remarks from president elect Donald Trump giving the pound a further boost in its cross against that currency.
Europe close: Markets finish red on May's Brexit deliverance
European stocks made a mild retreat on Tuesday, after UK Prime Minister Theresa May outlined the government’s plans for Brexit in an eagerly-awaited speech.
Small caps news round-up
Games Workshop declared a dividend of 30p per share as it expects to beat market forecasts after it enjoyed a "significant increase" in sales and profits since the end of November. The retailer, which specialises in offering miniature war-game figurines for collecting and gaming, said it was confident of beating market expectation after finalising the product phasing for the year to end-May.
Clinigen division teams up with TESARO
Clinigen Group announced on Tuesday that its Idis Managed Access division has partnered with TESARO to launch a managed access program for the investigational PARP 1/2 inhibitor, niraparib.
W Resources releases 'exceptional' results from Sao Martinho
Tungsten, copper and gold mining, production, exploration and development company W Resources announced some “exceptional results” at its São Martinho Gold project in Portugal on Tuesday.
Director dealings: Fenner newcomer joins board buying
New Fenner director Michael Ducey has joined with his new board colleagues in putting his money behind the plastics group, with a £84,000 purchase of shares.
Standard Life Investments completes sale of The Quadrangle
Standard Life Investments Property Income Trust confirmed on Tuesday it has completed the sale of The Quadrangle in Cheltenham for £11. 075m.
Sturgeon: Second Scottish independence referendum 'more likely'
Nicola Sturgeon, the First Minister of Scotland and leader of the Scottish Nationalist Party, said a second independence referendum is “more likely” after Prime Minister Theresa May said Britain would seek to leave the European single market.
Snapchat captures $90m from advertisers in 2016
Picture messaging app Snapchat raked in a cool $90m in revenue from advertisers last year, according to the chief executive officer of the world's largest ad company, WPP.
Games Workshop profits to beat current forecasts, declares dividend
Games Workshop declared a dividend of 30p per share as it expects to beat market forecasts after it enjoyed a "significant increase" in sales and profits since the end of November.
US open: Stocks on the back foot as Trump rally loses steam
US stock markets edged lower on Tuesday as traders returned to their desks after the long weekend, with earnings season back in focus as the Trump rally ran out of steam and the dollar slipped against the pound.
Mears reports 'solid' 2016 performance
Social housing and care support services provider Mears issued a pre-close trading update on Tuesday, ahead of its preliminary results for the year to 31 December, which will be released on 21 March.
Wednesday preview: Burberry reports third quarter trading update
Burberry is expected to report growth in like-for-like retail sales in its third quarter trading update on Wednesday, supported by tourism spending in the UK.
Walmart to create 10,000 US jobs as Trump shadow looms
Another major US multinational business has pledged to create jobs in the country, with retail giant Walmart saying it plans to add 10,000 positions over the coming year.