Market Pulse
US pre-open: Stocks seen muted after record session
US stocks looked set for a muted open on Friday following a record session the day before on the back of strength in the technology sector and easing worries about the US-China trade conflict.
London midday: Stocks extend gains as sterling slides on no-deal jitters
London stocks had extended gains by midday on Friday as sterling slid on jitters about a no-deal Brexit, while a strong performance from the mining sector also provided a boost.
Asia report: Most markets higher after stellar Wall Street performance
Most markets in Asia finished in positive territory on Friday, following a stellar performance on Wall Street overnight, as traders once again appeared to shrug off ongoing trans-Pacfic trade concerns.
Moss Bros swings to loss, warns over FY profit
Moss Bros pinned the blame on the World Cup and the hot weather on Friday as it said it swung to a loss in the first half and warned that full-year operating profit will be "materially" lower than current market expectations of £2. 3m.
Tower Resources and operator seek farm-out partner at Algoa-Gamtoos
Africa-focussed oil and gas company Tower Resources updated the market on its Algoa-Gamtoos licence in South Africa, in which it holds a 50% interest through its wholly-owned subsidiary Rift Petroleum, together with the operator New Age Energy Algoa, on Friday.
Mercia Technologies investee companies reach 'significant' milestones
Technology business investment group Mercia Technologies told shareholders on Friday that, since its 31 March year-end, its direct investment portfolio had continued to make “good overall progress”.
Armadale reports progress in Tanzania, appoints China consultant
Natural resources investment company Armadale Capital announced “significant progress” on the 2018 field work programme underway at its Mahenge Liandu Graphite Project in Tanzania on Friday.
Andalas Energy acquires interest in Colter prospect
Upstream oil and gas and energy company Andalas Energy and Power has, through its 100%-owned subsidiary Resolute Oil & Gas UK, entered into an agreement with Corallian Energy to acquire, via a farm-in, an 8% interest in UK Continental Shelf Licence P1918 which contains the Colter prospect, as well as PEDL 330 and PEDL 345.
Greencoat Renewables acquires Knocknalour wind farm
AIM-listed energy outfit Greencoat Renewables has acquired the Knocknalour wind farm in County Wexford for a total of €10. 9m.
Jadestone acquisition of Montara project clear to proceed
Independent oil and gas production company Jadestone Energy announced on Friday that all conditions precedent to its proposed acquisition of the Montara oil project, offshore Australia, were now satisfied.
AMG Superalloys enters renewable power agreement with Orsted
AMG Advanced Metallurgical Group announced on Friday that AMG Superalloys has entered into a multi-year agreement with Ørsted to purchase 100% of its power requirements from renewable sources, starting in October 2018.
Nestlé to put skin health division up for sale
Nestlé announced on Thursday it is considering selling its skin health division and its price of the sale could reach up to €7bn.
Telit parts ways with CEO
Telit Communications has parted ways with chief executive Yosi Fait after the two reached an agreement for him to relinquish his directorship in the firm with immediate effect.
Savannah Resources losses narrow throughout 'pivotal period'
Savannah Resources told investors on Friday that the first half of its trading year had been "a pivotal period" with the acceleration of its work programmes at the Mina do Barroso lithium project taking centre stage.
Westminster Group revenues slide, eyes stronger second half
Westminster Group narrowed losses in the first half of its trading year despite a dip in revenues.
Eurozone business growth eases in September - IHS Markit
Business growth in the eurozone eased in September as trade war concerns and political uncertainty hit exports, according to preliminary data released on Friday.
Smurfit Kappa shows off new 'Shelf Facer' solution
Smurfit Kappa talked up its new ‘ShelfSmart’ service in an announcement on Friday, including its new packaging solution, ‘Shelf Facer’.
Carr's buys animal health products maker Animax for up to £8.5m
Agricultural and engineering group Carr's has announced the acquisition of Suffolk-based animal health products maker Animax for up to £8. 5m in cash.
Europe open: Stocks start session higher, boosted by strength on Wall Street
Stocks on the Continent have started the session higher, tracking gains overnight on Wall Street that saw some of the main stockmarket gauges notch-up fresh all-time highs.
London open: Stocks rise on strong US cues; Just Eat tumbles
London stocks rose in early trade on Friday, taking their cue from a record session on Wall Street as the dollar weakened and worries about the trade conflict between the US and China eased.