Market Report
US close: Stocks end on a mixed note as Treasuries pare losses, banks slip
Wall Street finished on a mixed note, weighed down by losses for energy and financials, as traders scanned the headlines swirling about the second round of trade talks between China and the US.
Glencore shares drop on reports of looming SFO probe
Glencore’s shares were well into the red on Friday afternoon, as reports emerged that the Serious Fraud Office was making preparations to open a formal investigation into the company, over its work with the leader of the Democratic Republic of the Congo and Israeli billionaire Dan Gertler.
Sector movers: Stocks dance to US dollar's tune
Bond proxies such as Personal Goods (Unilever) or interest rate sensitive stocks (Construction, CRH) fared best at the end of the week, amid weakness in the pound and a sharp drop in longer-term Gilt yields.
Market buzz: Glencore drops on SFO report, how much further will dollar rally?
1641: The FTSE 100 ends down on the day at 7,778. 79 but 54. 54 points higher over the week.
Europe close: Italian and Spanish stocks heavily sold
Italian stocks and government bonds slumped with shares of the country's banks bearing the brunt of selling after Italy's main anti-establishment parties, the Five Star and League, threw down the gauntlet to Brussels on austerity and against the bloc's fiscal rules.
Results round-up
Embattled retailer Carpetright announced plans for a £60m placing and open offer on Friday as part of its efforts to turnaround the business.
IntegraFin sees record inflows in first interim report since IPO
Fintech group IntegraFin saw revenues and profits improve across the first half of its trading year.
London close: Footsie undermined by reports of SFO investigation into Glencore
London stocks edged a little lower on Friday as investors paused for breath following a record closing high a day earlier and with reports of a possible fraud investigation into Glencore dampening investor sentiment heading into the weekend.
Scotgold Resources raises £9m for Cononish gold mine
AIM-quoted gold miner Scotgold Resources has raised the final tranche of its development funding following a successful planning permission application for its Cononish gold mine on 27 February.
Director dealings: FeverTree director ups stake
Kevin Havelock, a non-executive director of carbonated drinks maker FeverTree, purchased 9,000 ordinary shares in the AIM-listed firm on Friday.
FTSE 100 movers: Glencore, AstraZeneca and M&S lead decline
London's blue chip index fell on Friday, led by Glencore, AstraZeneca and Marks & Spencer.
FTSE 250 movers: Capita jumps on JPM upgrade; Grainger hit by downgrade
London's FTSE 250 index was down 0. 3% to 20,953. 24, with broker notes providing much of the action.
Live Company to open LEGO cafe in Seoul
Live Company announced the launch of BRICKLIVE Kids' Café on Friday, to take place next month in the Dongdaemun Design Plaza in Seoul, South Korea.
OptiBiotix wins top dieting ingredient award
OptiBiotix Health has won the award for Weight Management Ingredient of the Year at the Vitafoods European trade show in Geneva, it announced on Friday.
Thomas Cook gets Bernstein upgrade ahead of 'good' summer
Liking the look of Thomas Cook's first-half results and the potential for a good summer, Bernstein upped its rating on travel group on Friday.
Union Jack Oil welcomes government statement on shale development
UK-focused onshore hydrocarbon production, development and exploration company Union Jack Oil said it welcomes the government's support and commitment to it industry on Friday, as was laid out in a written ministerial statement from the Department of Business, Energy and Industrial Strategy and the Department for Housing, Communities and Local Government.
Volga Gas confirms start of LPG production at Dobrinskoye
Oil and gas exploration and production group Volga Gas announced on Friday that production of liquid petroleum gases has commenced at its Dobrinskoye gas processing plant.
Hunters expecting to end first half ahead of expectations
Franchised sales and lettings agency business Hunters confirmed on Friday that in the year-to-date, it has signed nine new branches and opened three, as its investors mustered for the annual general meeting.
H&M may be facing possible buyout from chairman
Speculation is rife that Hennes & Mauritz AB (H&M) chairman Stefan Persson is attempting to take the clothing retail giant private, as the billionaire continues to load up on the company’s shares.
US open: Mixed open on the Street as China trade talks continue
Wall Street trading opened somewhat mixed on Friday as investors continued to scan the headlines coming from the second round of trade talks between China and the US.