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Latest News
10 May
ep trump meets korean president moon jae-in
Trump tells Iran 'call me' over sanctions

US President Donald Trump said he was willing to talk with Iran even after he slapped extra tariffs on the country's exports, causing rising tensions.

10 May
london metal exchange
Old boys' club LME hires Huey Evans as first woman chair

The London Metal Exchange has appointed Gay Huey Evans as the first woman to chair one of the City’s last bastions of unreconstructed male behaviour.

10 May
David Beckham
David Beckham pays $50m for full control of brand business

David and Victoria Beckham have paid $50m (£38m) to take full control of the ex-footballer’s brand business from long-time business partner Simon Fuller.

10 May
yield curve wall street
US pre-open: Stocks to edge lower ahead of more Sino-US talks

US stocks looked set to edge lower at the open on Friday as investors eyed the resumption of trade talks between the US and China, amid hopes that the two nations can still strike a deal.

10 May
ep thyssenkrupp
Thyssenkrupp ditches plans to split itself, announces lifts business IPO

German steel company Thyssenkrupp announced on Friday that it was ditching its plans to split into two divisions and instead opting to list its lifts business, amid expectations that the European Commission will block its planned joint venture with Tata Steel.

10 May
london skyline thames
London midday: Stocks maintain gains as investors eye resumption of trade talks

London stocks were still in the green by midday on Friday as data showed that UK economic growth picked up in the first quarter, while investors continued to hope for a trade deal between the US and China even as the US lifted tariffs on Chinese goods.

10 May
Hamleys Toy Shop Oxford Street
Hamleys toy store sold to Indian tycoon for £70m

India's richest man Mukesh Ambani has purchased London's iconic toy store Hamleys in a £70m deal.

10 May
Europe open: Shares shrug off US tariff increase on China

European shares shrugged off news that the US had more than doubled tariffs on $200bn (£153bn) worth of Chinese goods as stocks started the final session of the week in positive territory.

10 May
berlin rio cielo
Europe midday: Shares wave off trade war worries

European shares continued their bullish trend at lunchtime on Friday, defying expectations of another day in the red after the US more than doubled tariffs on $200bn (£153bn) worth of Chinese goods.

10 May
auto trader autotrader offices london
Citi downgrades Auto Trader, says risk/reward more balanced

Citi downgraded its stance on shares of Auto Trader to ‘neutral’ from ‘buy’ on Friday as it said the risk/reward is now more balanced.

10 May
factory, factories, manufacturing, manufacturer
Manufacturing drives strong production growth

Strong growth in factory output drove a stronger-than-expected increase in production in the first quarter of 2019, official figures showed.

10 May
ep avionesbritish airways
IAG profit buffeted by fuel costs and competition

International Consolidated Airlines’ (IAG) profit more than halved in the first quarter as the owner of British Airways was buffeted by rising fuel costs, currency swings and stiff competition.

10 May
gold bars precious
SolGold upbeat on recent exploration at Coangos in Ecuador

SolGold updated the market in its exploration activities at the wholly-owned Coangos Project in southeastern Ecuador, held by its subsidiary Cruz Del Sol, on Friday, reporting that initial geochemical sampling had identified four anomalous areas in the in the Coangos 2, Chimius and Chimius 2 tenements.

10 May
jeff-bezos-amazon
Amazon's Bezos aims to send rocket to the moon by 2024

Billionaire Amazon owner Jeff Bezos has unveiled plans to send a rocket to the moon by 2024.

10 May
coins currency investment insurance business finance company
PME African losses widen as it seeks to sell Dar-es-Salaam property

PME African Infrastructure Opportunities announced its audited results for the year ended 31 December on Friday, with its net asset value falling to $3. 7m from $5. 2m year-on-year.

10 May
libra, esterlina, divisa, moneda, reino unido pound currency
Vp acquires equipment rental firm Sandhurst for £3.3m

Equipment rental company Vp announced the acquisition of the entire issued share capital of Sandhurst for a cash consideration of £3. 325m on Friday.

10 May
lonmin mining industrial
Lonmin warns on sales as takeover drags on

Lonmin warned annual sales would be at the lower end of expectations on Friday after production fell and the platinum miner was disrupted by delays to its planned takeover.

10 May
UK economy grows 0.5% in first quarter

The UK economy grew 0. 5% in the first quarter, according to preliminary figures released by the Office for National Statistics on Friday.

10 May
cbprovident
Provident continues to condemn NSF offer amid lack of shareholder acceptance

Provident updated the market once again on the contentious unsolicited officer for its shares from Non-Standard Finance on Friday, reporting that 96% of shares held by independent shareholders had not been assented to the offer.

10 May
chemring, defence, plane, aerospace
Chemring gets early insurance payout, secures two new contracts

Defence contractor Chemring said on Friday that its 2019 results will now be less weighted towards the second half following an early insurance payout, as it announced two contract wins.