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17 May
US close: Wall Street loses grip on gains after trade talks reportedly 'stall'

Shares on Wall Street fell back during the last hour of trading after it was reported that trade talks with Beijing appeared to have stalled.

17 May
Broker tips: Thomas Cook, Rio Tinto, Anglo American, BHP

Thomas Cook was under the cosh again on Friday a day after its shares tumbled on the back of a profit warning, as Citi downgraded it to 'sell' from 'neutral', arguing that the stock is basically worthless.

17 May
rio tinto
Liberum double-upgrades miners after 'stark change' in iron ore price forecasts

Analysts at Liberum took a fresh look at the mining sector on Friday, double-upgrading the likes of Rio Tinto, Anglo American and BHP to 'buy' as they outlined a "stark change" in their near-term forecasts for iron ore prices.

17 May
Weekly review

The FTSE 100 finished the week 145. 33 points lower at 7,348. 62.

17 May
Europe close: Stocks end week on a down note

Stocks across the Continent finished the week on a down note after Chinese officials denied that trade talks were set to continue, amid of raft of criticism of Washington in state-controlled media.

17 May
London close: Stocks dip amid political uncertainty, US-China trade tensions

London stocks finished the session little changed on Friday, even as sterling fell after Brexit talks between the government and the Labour party collapsed and a Chinese official indicated that no further trade talks with the US in the near-term.

17 May
london canary wharf docklands
London midday: Stocks stay down, sterling drops below $1.28 as cross-party Brexit talks collapse

London stocks were still in the red by midday on Friday, even as sterling fell after Brexit talks between the government and the Labour party collapsed, increasing the risk of the UK leaving the EU without a deal.

17 May
Carolyn Fairbairn CBI
CBI chief: 'Every day without a Brexit deal is corrosive for UK business'

Carolyn Fairbairn, the chair of the country's largest business lobby, urged MPs to do whatever it takes to resolve the Brexit “gridlock”.

17 May
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Boeing completes 737 Max software updates

Boeing said on Thursday it had completed a software update for its 737 Max jets after they were grounded in March in response to the two fatal crashes that killed all passengers on board.

17 May
London Stock Exchange AIM LSE shares
Director dealings: 3i CEO ups stake

3i Group revealed on Friday that chief executive Simon Borrows had acquired 50,000 ordinary shares in the FTSE 100-listed private equity and venture capital company a day earlier.

17 May
'People are starting to worry' about Labour government, RBS chair says

RBS chair Howard Davies told Bloomberg TV on Friday that “people are starting to worry” about the policies that a potential government led by Labour’s Jeremy Corbyn might pursue.

17 May
ocado snow
Ocado says fire at distribution center puts 400 jobs at risk

It will take Ocado two years to rebuild the distribution centre that was destroyed in a fire in February 2019, leaving roughly 400 jobs at risk.

17 May
indivior, suboxone, heroin
FTSE 250 movers: Indivior dives, Metro Bank chugs upward

London's FTSE 250 was down 0. 42% at 19,448. 80 in afternoon trade on Friday, with Indivior's shares at the head of the index's fallers.

17 May
ep imagenlos representantesjohn deerepresentarresultados
Deere & Co earnings fall short of estimates for fifth consecutive quarter

Equipment manufacturer Deere & Co's profits fell short of estimates for a fifth straight quarter on Friday, leading the group to cut its full-year guidance amid the escalating trade war with China.

17 May
wall street
US open: Stocks head south with trade tensions still in focus

US stocks headed south as trading began on Friday as tensions between Washington and Beijing remained at the front of investors' minds.

17 May
sports direct mike ashley
Sports Direct in advanced talks to sell Shirebrook property

Mike Ashley's Sports Direct said on Friday that it is in advanced talks to sell a freehold property in Shirebrook for just over £12m in cash.

17 May
just eat
FTSE 100 movers: Just Eat tanks but EasyJet flies higher on results

London's FTSE 100 was down 0. 2% at 7,338. 71 in afternoon trade on Friday as investors mulled the collapse of cross-party Brexit talks.

17 May
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Thomas Cook tumbles again as Citi says shares are worthless

Thomas Cook was under the cosh again on Friday a day after its shares tumbled on the back of a profit warning, as Citi downgraded it to 'sell' from 'neutral', arguing that the stock is basically worthless.

17 May
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White House postpones decision on auto and parts tariffs for 180 days

President Donald Trump has postponed its decision on whether to impose tariffs on imports of automobiles and parts by six months to allow time for negotiations to continue with the country's main trading partners.

17 May
US consumer sentiment hits 15-year high in May, UofM says

Americans were in much more buoyant spirits than believed in early May, although the potential impact on sentiment from the breakdown in trade talks between the US and China had yet to be seen, according to the results of a closely-followed survey.