Latest News
Norway holds rates steady as expected
Norway's central bank kept interest rates on hold at 4. 50% on Friday, in line with expectations, adding that a tight monetary policy stance may be necessary longer than planned to curb inflation.
London midday: Stocks extend gains as Anglo rallies; payrolls eyed
London stocks had extended gains by midday on Friday, with Anglo American leading the advance amid the prospect of a potential bidding war, as investors eyed the latest US non-farm payrolls report.
Europe midday: Share extend gains; Aurubis slumps on UBS downgrade
European shares extended gains on Friday as corporate news just kept coming with investors cheering better-than-expected results from tech stalwart Apple and a report that Glencore was considering a rival bid for Anglo-American.
Shell's Q1 performance "encouraging", says RBC
RBC Capital Markets has raised its forecasts for Shell and kept an 'outperform' rating, saying the business was "firing on most cylinders" in the quarter.
Polarean gets new polariser order from Cincinnati Children's
Polarean Imaging announced a new polariser order to replace the research polariser at Cincinnati Children's Hospital Medical Center on Friday.
Eurozone jobless rate unchanged for fifth straight month
The jobless rate in the eurozone held steady at a record low for the fifth straight month in March, according to figures released on Friday by Eurostat.
Asda refinances £3.2bn of debt
Asda said on Friday that it has successfully refinanced more than £3. 2bn of its debt, pushing out the majority of its maturities into the next decade.
Europa Oil to decline any North Sea licence offer
Europa Oil & Gas said in an update on Friday that it received communication from the North Sea Transition Authority (NSTA) regarding its application for a licence as part of the 33rd UK Offshore Licensing Round.
Physiomics lowers forecasts amid contract delays
Therapeutics and medicine-focussed mathematical modelling and data science company Physiomics said in an update on Friday that, despite a robust pipeline of potential new business, it had experienced delays in signing several large contracts.
Duke Capital invests another £4m in BPVA Ireland
Duke Capital announced a follow-on investment of £4m into its existing capital partner, BPVA Ireland, on Friday.
Time Out opens its eighth market in Porto
Media and hospitality company Time Out Group announced the opening of Time Out Market Porto in Portugal on Friday.
Prospex Energy reports progress at Selva Malvezzi
Prospex Energy updated the market on the Selva Malvezzi production concession in Italy on Friday, following a first-quarter activity report from Po Valley Energy (PVE).
Berenberg raises target price on Standard Chartered
Analysts at Berenberg raised their target price on multinational bank Standard Chartered from 1,050. 0p to 1,100. 0p on Friday after the group's Q1 earnings "validated" management's suggestion that the bank had experienced "an encouraging start" to the year.
Citi sees significant upside at Team17
Citi has reiterated its 'buy' rating for British video-game developer Team17, saying it sees significant upside to its valuation as operations stabilise.
Credit Agricole Q1 earnings grow, corporate and investment units outperform rivals
French banking group Credit Agricole said on Friday that first-quarter earnings had grown as its corporate and investment banking units outperformed rivals.
UK service sector output grows at fastest pace since May 2023
UK service sector output grew in April at its fastest pace since May 2023, according to a survey released on Friday.
Societe Generale maintains targets after Q1 profit beat
Shares in French banking giant Société Générale surged on Friday after the company reiterated its full-year guidance despite a sharp drop in profits in the first quarter as it beat consensus estimates.
Asia report: Stocks mixed as yen strengthens further
Hong Kong emerged as a frontrunner in the Asia-Pacific markets on Friday, buoyed by overnight gains on Wall Street.
Jefferies downgrades AJ Bell after share price rally
Jefferies downgraded its stance on AJ Bell on Friday to ‘hold’ from ‘buy’ after a circa 30% rally in the shares this year.
Angle strikes supplier deal with AstraZeneca
Liquid biopsy technology firm Angle has struck a supplier deal with pharmaceutical giant AstraZeneca to develop an androgen receptor detection assay to enhance prostate cancer studies.