NAO to investigate Crossrail overspend, delay
The UK's public spending watchdog is to investigate delays and overspending on London's £15bn Crossrail project.
Commodities: Energy futures heavily discounted on Black Friday
Energy futures continued coming under overhwelming selling pressure at the of the holiday-shortened trading week as investors in the States reacted with a lag to news during the previous session that Saudi output was also running at a record pace in November, alongside that in the US and Russia.
Week ahead: Brexit, Fedspeak and US-China trade talks in focus
Investors will have their plates full over the coming week with a slew of risk events to digest, including around Brexit, central bank policy in America and trade talks between China and the US.
Credit Bank of Moscow sees strong uptake of new support scheme for property developers
Russian lenders are witnessing a strong uptake from the market for their new support schemes for property developers following the government's decision to entrust them with greater oversight functions in the sector, one of the country's top private lenders said.
US close: S&P 500 hits oil slick, slips into 'correction' territory
Wall Street slipped on an oil slick in a holiday-shortened session following the Thanksgiving holiday, with thinner than usual trading volumes making matters worse as energy futures continued their retreat and with the S&P 500 falling into so-called 'correction' territory after dropping by more than 10% from its most recent peak.
Europe close: Shares higher across the Continent despite weak data, slide in oil futures
Stocks on the Continent finished the session higher and near their best levels in reaction to the more positive headlines around the ongoing trade talks between the US and China.
Porsche aims to raise profits by €6bn by 2025
Porsche is planning to improve its operating profit by €6bn over the next eight years by streamlining operations as company spends more in the development and production of new electric vehicles reported Reuters on Friday.
London close: Stocks little changed despite continuing slide in Brent
London stocks were little changed on Friday, paring earlier small losses as investors eyed this weekend's EU summit, in what turned out to be a quiet end to a busy week.
Sector movers: Oil bears party like it's 1999
Basic resources stocks weighed heavily on London's FTSE 100, as prices of copper and especially oil tumbled.
US open: Stocks struggle amid downdraft in oil prices
Stocks on Wall Street are struggling to stay above water in a holiday-shortened session following the Thanksgiving holiday, with thinner than usual trading volumes making matters worse as energy futures continue to slide lower.
Caffyns' profits creep up as emissions tests damage sales
Half-year profits at Caffyns crept up despite revenue inching lower as new car sales were hampered by supply disruption.
Merlin Entertainments ends use of plastic straws
Legoland, Sea Life and Madame Tussauds operator Merlin Entertainments will phase out the use of plastic straws within all of its attractions worldwide by the end of the year.
Friday broker round-up
Kingfisher: Goldman Sachs downgrades to neutral with a target price of 270p.
Shore Capital downgrades Pearson on valuation
Shore Capital downgraded education publisher Pearson to 'hold' from 'buy' on Friday on valuation grounds.
FTSE 250 movers: Oilers struggle while Ibstock builds gains
London's FTSE 250 was down 0. 37% at 18,461. 16 in afternoon trade on Friday, as oilers and miners fell.
Virgin Atlantic in talks to buy ailing Flybe
Shares in ailing regional carrier Flybe were well above cruising altitude on Friday, as it confirmed it was in talks with long-haul airline Virgin Atlantic, which was considering a take over of the Exeter-based firm.
Brave Bison signs Rebel FC sponsorship deal with Utilita Energy
Brave Bison announced on Friday that it has entered into a two-year deal with energy provider Utilita Energy for front-of-shirt sponsorship of Rebel FC, the social influencer football team developed by Brave Bison in partnership with YouTube star Callum Airey, better known as Calfreezy.
FTSE 100 movers: Kingfisher resilient after Goldman downgrade; miners drop
London's FTSE 100 was down 0. 4% to 6,930. 87 in afternoon trade on Friday as investors mulled the latest Brexit-related developments.
Galantas Gold planning consent confirmed by Court of Appeal
Gold-mine developer and explorer Galantas Gold Corporation announced on Friday afternoon that the Court of Appeal had delivered its judgement in regard to an appeal against its planning consent.