Latest News
Berenberg starts IMI at 'sell', highlights near-term headwinds
Berenberg initiated coverage of valve manufacturer IMI at 'sell' on Friday with an 875p price target, highlighting risks to near-term earnings.
Berenberg nudges up price target on 'buy' rated Morrison's
Analysts at Berenberg raised their target price on grocery chain WM Morrison slightly higher on Friday, praising the group's first-half performance.
Whirlpool warns of 435,000 dangerous tumble dryers
Whirlpool issued a warning on Friday linked to a fault in hundreds of thousands of tumble dryers that posed a potential fie hazard for families.
Energy price drop weighs on import prices in August
Import and export prices both fell last month, on the back of sharp declines in the cost of fuel and agricultural goods.
Sainsbury's to roll out refillable packaging to fight plastic pollution
Sainsbury plans to introduce refillable packaging for products such as milk and fizzy drinks through the adoption of returnable glass bottles as a part of the fight against plastic pollution.
Metals Exploration cuts interim loss after gold production jumps
Shares in Metals Exploration climbed on Friday after the company slashed its interim loss following a surge in gold production that bolstered revenues.
Trump approves drilling in Alaska wildlife refuge
The Trump administration announced on Thursday that it is planning to open a portion of the Arctic National Wildlife Refuge that has been protected for decades to oil and gas drilling.
Alpha Real Trust's earnings take a hit despite increased net asset value
Investment trust Alpha Real reported a rise in net asset value per share for the six months ended 30 June but saw basic and adjusted earnings nosedive following an active period of "capital recycling".
Asiamet narrows losses as costs decrease
Exploration and development outfit Asiamet Resources narrowed losses in the first half of its trading year on the back of decreased expenses.
GAN expects 'record year' for revenues, swings to a profit in first half
Gambling software group GAN took itself off the market on Friday after turning in a profit for the first half of its trading year thanks to a sharp increase in revenues.
US pork and soybeans to be exempted from additional China tariffs, says Xinhua
China will exempt some US agricultural imports, such as pork and soybeans, from additional tariffs, according to Chinese state news agency Xinhua.
Regal Petroleum revenues climb after new well drives production growth
Shares in Regal Petroleum jumped on Friday as interim revenue leapt on the back of a 50% increase in production following the hook up of a new well at the end of 2018.
Europe midday: Markets rise as Sino-US relations improve; ECB stimulus digested
European shares were still in the green by midday on Friday amid reports that China will exempt further US goods from additional tariffs, while investors continued to mull the European Central Bank's policy moves.
Clintons owners said to be considering sale
The owners of card shop chain Clintons are reportedly looking to sell the business.
London midday: Stocks lower as pound hits best levels since July
London equity markets were still in the red by midday on Friday as sterling rallied, with internationally-exposed stocks suffering the brunt of the losses.
Credit Suisse upgrades UK stocks as no-deal Brexit risk recedes
Credit Suisse upgraded its stance on UK equities on Friday as the risk of a no-deal Brexit recedes.
Character Group warns on profits
British toy company Character Group warned on profits on Friday as a number of factors, including difficulties in Scandinavia, dented the business in the tail end of the year.
Asia report: Markets rise on US-China trade optimism
Stocks in Asia rose on Friday amid signs that relations between the US and China are thawing ahead of their return to trade negotiations next month.
SThree net fee growth slows in Q3, UK & Ireland 'challenging'
Recruiter SThree posted a slowdown in third-quarter net fee growth on Friday amid particular weakness in the UK and Ireland.