Market Report
Republicans pull healthcare bill before vote
The White House pulled its proposed bill to reform the US healthcare system at the last moment despite what some had assumed to be widespread Republican support to revamp Obamacare.
Week ahead: Stage set for Parliament to approve Brexit
Great Britain will formally announce its decision to exit the European Union this week, on Wednesday, kick-starting two years of negotiations with the bloc.
Europe close: Stocks head into the weekend on a mixed note
On the eve of the European Union’s 60th anniversary, European stocks ended on a mixed note after a key vote on a US healthcare bill was postponed, but the euro strengthened after data showed the eurozone's recovery had gained momentum.
FX round-up: Sterling downcast on Friday as US Congress votes on Trump's Healthcare Bill
Sterling turned in a downcast Friday performance as it slipped on most key pairs, with global markets drifting as US President Donald Trump's Healthcare Bill goes to a congressional vote, and ahead of UK formally beginning its EU-exit talks next week.
US durable goods orders jump in February, but details weaker
Orders for goods meant to last more than three years jumped in February on the back of a large increase in those for civilian aircraft.
Smiths Group sales improve as new strategy kicks in, further disposals eyed
As it makes early progress with a new strategy, engineer Smiths Group reported improved revenues in the second quarter and an unchanged full year outlook.
London close: FTSE drifts lower ahead of pivotal US Congress healthcare vote
Equities in London spent most of the session adrift with a slightly negative bias ahead of the US congressional vote on President Donald Trump's Healthcare Bill, with little in the way of domestic corporate or economic news to provide firm direction.
US open: Stocks edge higher ahead of second healthcare bill vote
Ahead of the second attempt on the Congressional vote on the Republican healthcare bill, US stocks were trading slightly higher on Friday, but were on course for their worst weekly performance in months.
FastJet strengthens board with new chairman and CFO
FastJet has appointed a new chairman and chief financial officer, along with another director appointment, to strengthen its board as the African budget airline attempts to turnaround its fortunes.
Small cap news round-up
FastJet has appointed a new chief financial officer along with other appointments to strengthen its board as the African budget airline attempts to turnaround its fortunes.
Commodities: Crude trades sideways as traders look to Opec's Sunday meeting
Crude-oil futures traded essentially sideways ahead of Opec's meeting on Sunday, with traders already nervous about the global glut of the black liquid looking for a further production-cut pledge from the cartel.
Twitter toying with $20 fee for 'power users'
Brands, businesses and so-called ‘power users’ could soon be paying to access some of Twitter’s premium features.
Coral Products completes asset purchase, wins new contracts
Coral Products announced that it completed the purchase of assets of ICM from its administrators on Friday, for a total consideration of around £0. 6m.
Frontier swings to profit as demand for DAB continues
Digital radio and smart audio technology company Frontier Smart Tech published its final results for the full year to 31 December on Friday, with EBITDA ahead of market expectations, turning positive at £0. 7m compared to a loss of £0. 8m in 2015.
Ted Baker can cut a dash in challenging market, says Jefferies
Jefferies said it was confident Ted Baker can outperform and maintained its 'buy' recommendation after shares in the clothing retailer fell when it issued some cautious words about the US trading outlook.
Revenue and earnings slip at Robinsons
Custom plastic and paperboard packaging manufacturer Robinson announced its audited results for the year to 31 December on Friday, with revenue decreasing by 6% to £27. 5m.
UK housing market faces pressure as banks approve fewer mortgages
British banks approved a smaller number of mortgages last month, according to the British Banking Association's monthly report on Friday, putting some pressure on the housing market.
Excel cycle courier wins holiday pay case
A self-employed cycle courier working for Excel, which is part of CitySprint, has won entitlement to holiday pay after a central London employment tribunal ruled that he was actually a worker.
PureTech Health teams up with Novartis on immunosenescence programme
Advanced clinical stage biopharmaceutical company PureTech Health announced a licensing and equity agreement with Novartis on Friday, intended to advance two clinical-stage programmes targeting the mechanistic target of ‘rapamycin complex 1 (mTORC1) pathway’.