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Latest News
12 Apr
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US pre-open: Stocks seen higher as JPMorgan impresses with Q1 numbers

US stocks looked set to rise at the open on Friday as bellwether JPMorgan Chase kicked off the first-quarter earnings season in style.

12 Apr
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Chevron to buy Anadarko Petroleum in $33bn deal

Chevron has agreed to buy Anadarko Petroleum in a $33bn cash and stock deal.

12 Apr
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Europe midday: Banks pace gains after bumper results from US peers

Stocks on the Continent are rallying after a negative start, tracking gains in US equity futures on the back of better-than-expected earnings from two of America's largest lenders and after upbeat economic data out of China.

12 Apr
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US import prices suppressed by strong dollar

Import prices in the US jumped for a second month in March, on the back of another large increase in fuel import costs.

12 Apr
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Asia report: Markets rise as US and China move closer to deal

Markets in Asia finished in a mixed state on Friday, as markets in mainland China fell despite some seriously positive trade data being released.

12 Apr
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Wells Fargo beats analysts' Q1 estimates, but posts decline in revenues

Wells Fargo posted better-than-expected growth on both its top and bottom line for the first quarter, but revenues still fell versus the year ago period, despite a jump in its so-called market sensitive income, as non-interest income declined.

12 Apr
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Entertainment One raises £130m to help fund Audio Network acquisition

Entertainment One said on Friday that it has successfully placed 28. 9m shares at 450p, raising £130m to help fund the acquisition of UK score producer Audio Network.

12 Apr
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JPMorgan Chase turns in best first-quarter in US banking history

JPMorgan Chase turned in the highest first-quarter profit in US banking history on Friday, reporting a record net income of $9. 18bn for the three months ended 31 March as a solid performance from its business and its consumer arms offset declining trading revenues.

12 Apr
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High Growth Capital splashes out on IP rights

High Growth Capital on Friday acquired all existing and in-development intellectual property rights from BDD for £4m in a shares-only deal.

12 Apr
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DeepMatter Group climbs after 'key' InfoChem acquisition

DeepMatter Group on Friday reported a wider annual loss on the back of higher costs, although the company's shares rose on the news of a new acquisition.

12 Apr
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Disney announces streaming service aimed at taking on Netflix

Walt Disney revealed its ambitious plans for a streaming service aimed at undercutting Netflix, pitting the world's largest traditional media company against technology outfits in a high-stakes battle.

12 Apr
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Highland Gold Mining profits climb despite dip in production

Highland Gold Mining on Friday reported a rise in profit before tax as a reduction in costs offset lower revenues following a slight drop in production.

12 Apr
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Integumen acquires data management service RinoCloud

Life sciences outfit Integumen agreed to acquire data management firm RinoCloud for a total of £3m on Friday as part of its efforts to build out its Labskin AI platform.

12 Apr
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London midday: Stocks push higher after mixed China data; US earnings in focus

London stocks had extended gains by midday on Friday as investors mulled mixed Chinese data and eyed the start of the first-quarter US earnings season.

12 Apr
china
China exports surge past expectations in March, imports slump

Chinese exports surged past expectations in March but imports slumped amid the ongoing trade dispute between the US and China, according to data released on Friday.

12 Apr
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Vast Resources raises cash for Romania and Zimbabwe projects

Mining company Vast Resources has raised a total of £600,000 before costs via a placing and subscription to help fund its Baita Plai metal mine in Romania and its Heritage diamond mine in Zimbabwe.

12 Apr
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Alien Metals beams up new chairman

Alien Metals chairman Dennis Edmonds stepped down from the exploration and development firm with immediate effect.

12 Apr
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Cluff founder Algy passes torch

Natural resources investment outfit Cluff Natural Resources revealed on Friday that long-time chairman Algy Cluff intends to retire from the role following the company's next annual general meeting.

12 Apr
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Large Indian airline Jet Airways on brink of collapse

Major international airline Jet Airways was looking to be on the brink of collapse on Friday, with almost all flights at its primary base in Mumbai being listed as cancelled, or non-operational.

12 Apr
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Mobile Streams boss halves pay as part of cost-cutting exercise

Mobile content delivery outfit Mobile Streams has undertaken a "comprehensive cost-cutting exercise" and is looking at all options as its cash pile dwindles.