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Eddie Stobart CEO steps down; shares to be suspended from AIM
Transport and logistics group Eddie Stobart said on Friday that it has requested its shares be suspended from trading on AIM while it takes another look at its accounts, as it announced the departure of chief executive Alex Laffey with immediate effect.
Wall Street reels after US President says he will respond to Chinese counter-tariffs
Wall Street was left reeling at the end of the week after the US President upped the ante in his trade war with China following Beijing's decision to retaliate against the latest measures threatened by Washington.
Week ahead: US-China trade, German data in focus
The focus over the coming week will likely continue to be squarely on the US-China trade war, with investors trying to digest Washington's likely next move in the 'tit-for-tat' trade war even as negotiators from both sides continue to hold consultations ahead of another round of face-to-face talks in September.
Monetary policy may not be ideal tool against trade disruptions, Fed's Powell says
Monetary policy might not be the best tool to address the impact of trade wars, although it might help to offset some of their effects, which might prove to be transitory, the head of the world's most important central bank, the US Federal Reserve, said.
London close: Stocks slip as trade war keeps ratcheting up
London stocks gave up their weekly gains on Friday after China retaliated against the latest round of trade tariffs from Washington and the US President warned that he would respond to Beijing latest move "shortly".
US new home sales slump in July
Sales of new US single-family homes fell more than expected in July, according to data released by the Commerce Department on Friday.
FTSE 250 movers: Entertainment One surges, Metro Bank stumbles
London's FTSE 250 was up 0. 50% at 19,300. 75 in afternoon trade on Friday, with Entertainment One leading the pack higher.
France, Ireland threaten Mercosur veto over Amazon fires
France and Ireland said they would oppose an EU trade deal with South American nations if Brazil failed to tackle fires that are currently raging through the Amazon.
Broker tips: Greggs, Plus500
Analysts at Canaccord Genuity reiterated their 'hold' rating on British bakery chain Greggs on Friday following the group's recent interim report.
Director dealings: Spouse of Marshalls CEO disposes of shares
Marshalls revealed on Friday that chief executive Gillian Coffey's spouse Martin had disposed of 118,498 ordinary shares in the FTSE 250-listed block and concrete paving firm.
US open: Stocks trade lower as China hits back at US with new tariffs
Stocks traded lower at the open on Friday following news that China was readying $75. 0bn-worth of tariffs on US products and ahead of hotly anticipated comments from Federal Reserve Chairman Jerome Powell.
Mattarella gives PD and M5S until Wednesday to form a coalition
Italian President Sergio Mattarella has given rivals the Democratic Party and the Five Star Movement until Wednesday to form a new coalition government or face elections in October, unless Five Star leader Di Maio accepted the last minute offer from the League party to take the premiership in exchange for a reconciliation.
Europe midday: Stocks give back small gains after Beijing announces counter tariffs
Stocks across the Continent were trading on a mixed note heading into the weekend, knocked lower by China's announcement of retaliatory trade tariffs against the US even as investors waited on a key speech from the head of the US central bank.
Jubilee Metals completes purchase of Sable Zinc Zambia
Metals processing company Jubilee Metals Group announced on Friday that the sale and transfer of the entire issued share capital in Sable Zinc Kabwe to it has been completed, allowing the company to begin the implementation of a fully integrated multi-metal refinery in Zambia.
Jersey Oil & Gas awarded Greater Buchan Area block
Jersey Oil & Gas announced on Friday that it has been awarded, subject to documentation, a 100% working interest and operatorship of an additional block - Block 21/2a - in the Oil & Gas Authority's 31st Supplementary Offshore Licensing Round.
Fed's Bullard says inverted yield curve 'not a good place to be'
A top US central bank official argued for more interest rate cuts as "insurance" against the ongoing downturn in global manufacturing, arguing that the monetary authority could always take it back "next year" if things just blew over.
Canaccord Genuity reiterates 'hold' rating on Greggs following interims
Analysts at Canaccord Genuity reiterated their 'hold' rating on British bakery chain Greggs on Friday following the group's recent interim report.
Berenberg raises target price on Plus500 following 'a half of two quarters'
Analysts at Berenberg raised their target price on shares of financial services firm Plus500 from 770. 0p to 800. 0p on Friday following what it called "a half of two quarters".
FTSE 100 movers: NMC Health loses some ground; ITV rallies
London's FTSE 100 was flat at 7,129. 35 in afternoon trade on Friday, erasing earlier gains after China announced retaliatory tariffs on another $75bn of US goods.