Latest News
Tories 'will spend more' than manifesto pledge, says IFS
A Conservative government would “highly likely” spend more than outlined in its election manifesto and have to increase taxes or borrowing, a respected thinktank said as it described the plans of both main parties as “not credible”.
FX round-up: Pound little changed despite polls, Chilean and Colombian peso unloved
The pound was little changed on Thursday, despite the release of poll data predicting a big win for Conservatives at the next general elections and a strong reading on UK consumer confidence.
Commodities: Oil and copper futures dip as US signs HK bill into law
Commodity prices weakened on Thursday after the US President signed into law a new bill that some observers worried might trip up trade negotiations with Beijing.
Bonds: Gilts investors brush aside strong poll results for Tories
These were the movements in some of the most closely-followed 10-year sovereign bond yields:.
Friday preview: UK data and US-China trade in focus
The focus at the end of the week will shift towards the UK consumer, with readings on consumer confidence and lending for November both due for release.
Europe close: Stocks dip amid US-China trade concerns
European stocks were slightly lower on Thursday as investors feared a new law passed in Washington could scupper progress made in trade negotiations with Beijing.
London close: Footsie finishes lower as trade concerns, ex-dividends drag
London stocks remained in the red at the close on Thursday, amid concerns about trade relations between the US and China, while ex-dividends were a drag.
Broker tips: Hochschild Mining, Johnson Matthey, IGas Energy, Pets at Home
Analysts at Berenberg lowered their price target on precious metals group Hochschild Mining from 190p to 170p on Thursday, saying there was "no mercy in these markets".
Director dealings: MRC director ups stake
Mercantile Investment Trust revealed on Thursday that director Jeremy Tigue purchased 924 ordinary shares in the FTSE 250-listed investment vehicle.
China accuses US of 'sinister intentions' after Trump signs Hong Kong pro-rights bill
China’s Ministry of Foreign Affairs said Thursday it was opposed to the US government's signing of a bill supporting Hong Kong protesters' rights into law and accused the Trump administration of having "sinister intentions".
RBC reduces rating on Melrose to 'outperform', ups price target
RBC Capital Markets has nudged lower its rating on Melrose Industries following a recent strong run for the blue chip stock.
OPG Power shares surge after profit growth
Shares of OPG Power Ventures leapt on Thursday after it reported a rise in interim profits and said it was confident of ridding itself of debt in the next four years.
Panasonic to sell chip unit to Nuvoton for $250m
Panasonic said it would sell its semiconductor unit to Taiwan’s Nuvoton Technology for $250. 0m as it struggles to boost its profitability amid a lack of fresh growth drivers.
Midwich secures sole distribution rights for 'super-size' LED displays
Specialist trade audio visual distributor Midwich Group released its new line of fixed size 130 inch-plus all-in-one LED large format displays on Friday.
ImmuPharma shares soar as it teams up with Avion on Lupuzor
Specialist drug discovery and development company ImmuPharma announced a licence and development agreement with Avion Pharmaceuticals on Thursday, for the exclusive rights to ‘Lupuzor’ in the United States.
W Resources begins tin and tungsten production at La Parrilla
Spain and Portugal-focussed tungsten, tin and gold mining company W Resources has started the production of tungsten and tin concentrate for sale at its flagship La Parrilla mine, it announced on Thursday, which it described as an important stage in the T2 ramp-up phase.
ValiRx granted US patent for 'VAL201' compound
Clinical stage biotechnology company ValiRx announced on Thursday that the US Patent and Trademark Office has granted patent number 10,400,008, titled ‘Modulators Of The SRC-Kinase Activity For Preventing Or Treating Metastatic Cancer’, to its lead therapeutic compound ‘VAL201’.
Providence to operate Avalon prospect as Total quits Ireland
Ireland-based energy company Providence Resources updated the market on Frontier Exploration Licence 2/19 on Thursday, which is located in the southern Porcupine Basin, offshore Ireland, and contains the undrilled Paleocene ‘Avalon’ exploration prospect.
Vast Resources revises agreement with Botswana Diamonds
Romania and Zimbabwe-focussed mining company Vast Resources has revised its agreement with Botswana Diamonds as a consulting partner in the development of the Chiadzwa Community Diamond Concession in the Marange Diamond Fields of Zimbabwe, it announced on Thursday.
John Menzies makes 'good progress' despite tough trading environment
Aviation services firm John Menzies continued to make "good progress" despite a "difficult" trading environment continuing throughout the year-to-date.