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London midday: Stocks mixed as pound revisits 'Black Wednesday' lows
Stocks were trading mixed alongside a drop in the pound to its lowest level in 30 years on 'Black Wednesday', when the UK crashed out of the European Exchange Rate Mechanism on 16 September 1992.
Asia report: Stocks fall despite stronger data from China
Stock markets in the Asia-Pacific region were in the red at the end of trading on Friday, with China’s bourses putting in a particularly poor performance despite a batch of better-than-expected economic data.
Europe midday: UK outperforms as World Bank warning hits sentiment
European shares were still sharply lower at midday as investors digested data from China and the UK, while dire warnings from the World Bank also hit sentiment.
BofA expects new lows in stock market, tells clients to mind the 15 November
Equity strategists at BofA Securities told clients to expect new lows in the stock market as US Treasury note yields continue to move higher.
Canaccord Genuity reiterates 'buy' rating on Kitwave
Analysts at Canaccord Genuity reiterated their 'buy' rating on Kitwave shares on Friday, stating price weakness provided a buying opportunity.
Coro Energy narrows losses on strong gas prices
London-listed energy producer Coro Energy on Friday reported a narrowing of first-half losses, driven by a booming market for gas.
Europe open: Shares slump on recession fears; UK data hits sentiment
European shares fell sharply at the open as investors digested data from China and the UK.
MySale rejects Mike Ashley's takeover bid, chairman stands down
Online retailer MySale has rejected a takeover bid from Mike Ashley's Frasers Group, stating it does not consider the terms of the deal to be "fair" or "reasonable".
Science in Sport names Daniel Lampard as CFO
Performance nutrition company Science in Sport has named Daniel Lampard as its next chief financial officer.
FedEx withdraws guidance, takes Royal Mail down with it
Royal Mail shares were hammered by the negative read-across in markets from US peer FedEx's decision to withdraw its full-year guidance after Thursday's close.
London open: Stocks dip as World Bank warns on risks to global GDP
Stocks traded lower as the World Bank warned of the risks to global growth should central banks keep raising interest rates past what was already factored in by financial markets.
Chinese economic data for August surprise to the upside
Economic growth in Asia's largest economy held up slightly better than expected in August.
AstraZeneca blood clot treatment meets trial endpoint
AstraZeneca on Friday said its Danicopan add-on anti blood-clotting drug had met a primary endpoint in a phase III trial.
Berenberg downgrades Fevertree to 'hold'
Analysts at Berenberg downgraded mixed drinks manufacturer Fevertree from 'buy' to 'hold' on Friday, citing external pressures.
UK retail sales volumes fall sharply in August
Retail sales fell sharply last month hit by rising prices and the ensuing cost-of-living crisis.
Friday newspaper round-up: World Bank, John Lewis, Bank of England
Fresh fears have been raised about the health of the global economy after the World Bank warned that efforts to tackle inflation could cause a global recession. Central banks from the US Federal Reserve to the Bank of England are racing to raise interest rates to try to bring surging prices in the economy under control. The annual rate of inflation in the UK is hovering at close to a 40-year high and rate-setters at the Bank of England are widely expected to raise borrowing costs further when they meet next week.
Capita to sell Pay360 unit, AZN's Beyfortus recommended for EU market authorisation
London pre-open The FTSE 100 was being called to open 34. 5 points lower ahead of the bell on Friday after closing just 0. 07% firmer in the previous session at 7,282. 07.
London pre-open: Stocks set for lower start, Fed policy in focus
Stocks were set for a slightly lower start at the end of the week with investors' focus on the recent move higher in US government bond yields and the associated risks for economic growth.
AstraZeneca, Sanofi respiratory drug gets EU marketing go-ahead
AstraZeneca and Sanofi said their Beyfortus drug for the prevention of lower respiratory tract disease in newborns and infants has been recommended for marketing authorisation in the European Union.
Capita to offload Pay360 unit to Access PaySuite
Business process outsourcing firm Capita has agreed to sell its Pay360 division to Access PaySuite in a deal that values the division at £150. 0m.