Latest News
Berenberg slashes Playtech target price following Asian profit warning
Analysts at Berenberg revisited Playtech's numbers on Friday, making substantial amendments to account for the firm's recent acquisition of Snaitech, concluded at the end of June and the group's latest profit warning issued on 2 July, flagging the increased competition in the Asian market.
Biogen's Alzheimer's drug yields 'exciting' mid-stage results
Biogen’s shares soared on Friday after the company announced that one of the experimental Alzheimer’s drugs it had developed with Japan's Eisai had succeeded in a mid-stage clinical trial.
Range confirms start of reopening and workover at Perlak
Trinidad and Indonesia-focussed oil and gas company Range Resources updated the market on operations at the Perlak field in Indonesia on Friday, reiterating that the operator had commenced reopening and workover operations on selected wells.
BlueRock production levels fall after five-week shutdown
AIM-listed diamond producer BlueRock recorded "good" production levels over the second quarter of the year, the company argued on Friday.
Churchill Mining loses director amid continuing legal battle
Coal mining firm Churchill Mining on Friday confirmed that Gregory Radke, a key legal mind on the board, has stepped down from his position as a non-executive director.
Leeds Group agrees to terminate KMR joint venture
Leeds Group has reached an agreement to terminate the joint venture investment in Stoff-Ideen-KMR (KMR) between its German subsidiary, Hemmers/Itex Textil Import Export, and a Mr Maat.
US, China fire first salvoes in trade war
The US - China trade war began in earnest on Friday as the US imposed tariffs on £34bn of Chinese goods with Beijing retaliating in similar fashion.
Friday broker round-up
River and Mercantile: Numis upgrades to buy with a target price of 320p.
Europe midday: Amid trade frictions, stocks dip ahead of US jobs data
Stockmarkets across the Continent are paring earlier initial gains after Beijing said it had begun retaliating for Washington's decision overnight to impose tariffs on its exports with its own levies and ahead of the US jobs report for June.
Condor Gold continues compromise with Nicaraguan government over processing plant
Condor Gold on Friday submitted 450 pages of additional technical studies to Nicaragua’s ministry of environment and natural resources in pursuit of the construction of a processing plant.
French trade deficit widens in May as exports fall back again
France's shortfall widened sharply in May, denting hopes for a rebound in net trade over the next quarter, economists said.
Oakley Capital sells Damovo stake to Eli Global
Oakley Capital Investments announced on Friday that Oakley Capital Private Equity II has reached an agreement to sell its stake in European unified communications and collaboration company Damovo Group to Eli Global.
London midday: Stocks go into reverse as trade war kicks off
London stocks quickly lost confidence on Friday morning and slid into the red as the US and China finally kicked off their long-mooted trade war, while the UK government continued to squabble over Brexit customs plans.
Brave Bison appoints former Google executive Kate Burns to board
Social video company Brave Bison on Friday appointed Kate Burns, a former senior Google and AOL executive, to the board as a non-executive director with immediate effect.
Bumper wage deals boost German industrial output in May
German industry was on a tear in May, amid a surge in output of consumer goods and construction.
Airbus chief says govt has 'no clue' on how to deliver benign Brexit
Airbus issued another warning over a hard Brexit as Prime Minister Theresa May's Cabinet prepared to meet at Chequers to resolve severe disagreements over the UK's final deal proposal.
ECR Minerals surges on Blue Moon drilling results
Exploration and development company ECR Minerals has identified a new gold system at its wholly-owned Blue Moon gold prospect in Central Victoria, Australia.
UK high street sales fall for fifth consecutive month - BDO
UK high street sales fell again in June to mark the fifth consecutive month of in-store declines as retailers axe job losses and close stores, according to research published on Friday.
Candidate shortages lead to deceleration in new hires in June, says REC
Employers across the UK hired permanent staff in June at the slowest pace in eight months as the number of available workers dropped, causing the labour market to slow, according to a new report from the Recruitment and Employment Confederation.
Annual house price growth remains flat in June, Halifax says
House prices in the three months to June were 1. 8% higher than the same period a year earlier, according to the latest reading on Halifax's House Price Index, just a touch lower than the 1. 9% annual growth rate seen in May.