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21 Oct
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Microsoft and Google end truce after six years

Microsoft and Google are preparing for open warfare after a six-year truce ended in April without renewal as regulators scrutinise barriers to competition.

19 Oct
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US close: Stocks end solid second quarter in mixed state

Wall Street equities closed in a mixed state on Wednesday, as major indices looked set to close out a winning first half and second quarter on a mostly positive note.

30 Jun
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Thursday preview: Global factory PMIs, US jobless claims in focus

Financial markets' focus on Thursday will be on a raft of survey results regarding manufacturing sector conditions around the world.

30 Jun
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Europe close: Stocks end quarter sharply higher but on a down note

European shares were still under pressure on the last day of the quarter with investor sentiment weighed down by increases in case numbers of the Covid-19 Delta variant globally and after soft survey data released overnight in China.

30 Jun
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London close: Stocks weaker as UK economy shrinks in first quarter

London stocks closed in the red on Wednesday, after a session which saw investors poring over the latest UK GDP figures, as well as better-than-expected jobs data from across the pond.

30 Jun
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Broker tips: Cairn Energy, Workspace, Lamprell

Analysts at Berenberg downgraded exploration and production firm Cairn Energy from 'buy' to 'hold' on Wednesday, stating more clarity on the award payment related to its arbitration with the Indian tax authorities was needed.

30 Jun
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Director dealings: Chariot acting CEO makes share purchase

Chariot revealed on Wednesday that acting chief executive officer Adonis Pouroulis had acquired 41. 3m ordinary shares in the AIM-listed oil and gas producer.

30 Jun
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i3 Energy to pay maiden dividend as court approves capital reduction

UK and Canada-focussed oil and gas company i3 Energy updated the market on Wednesday, reporting that the final confirmation hearing in England’s High Court approved the cancellation of its share premium account on 29 June.

30 Jun
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FTSE 100 movers: Travel names put in bounce at quarter's end, financial services down

Travel and Transport-related names were helping to limit losses on the top-flight index on Wednesday with the likes of Compass Group, Rolls Royce and InterContinental Hotels Group all putting in a small bounce at the end of the quarter and the half.

30 Jun
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Bharti invests half a billion in UK start-up OneWeb

Indian firm Bharti Global has invested $500m in UK-based space start-up OneWeb in a deal that also grants the Indian firm a 39% stake in the company.

30 Jun
Chicago PMI falls in June

Economic activity in the Chicago area unexpectedly deteriorated in June, according to data released on Wednesday.

30 Jun
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DMCS tells messaging apps not to use e2e encryption for minors' accounts

The UK Department of Digital, Media, Culture and Sport (DCMS) has told messaging apps to prevent the use of end-to-end encryption on “child accounts”.

30 Jun
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US pending home sales surprise sharply to the upside in June

A closely-followed indicator of US home sales surprised strongly to the upside in May.

30 Jun
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RA International completes contract discussions with Danakali

Remote site services provider RA International has concluded contract discussions with Danakali Limited for the construction of camp accommodation for 1,200 personnel, administration and service facilities, as well as the provision of integrated facilities management services, it announced on Wednesday.

30 Jun
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US open: Dow Jones on track to wrap up solid H1 on a positive note

Wall Street trading got off to a mixed start early on Wednesday as major indices looked set to close out a winning first half and second quarter on a mostly positive note.

30 Jun
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FTSE 250 movers: Cineworld slumps; Indivior surges after lifting expectations

London’s FTSE 250 was down 0. 2% at 22,492. 59 in afternoon trade on Wednesday.

30 Jun
Beach at Green Island Antigua by Andrew Moore (Flickr)
Global economy facing $4trn loss as tourism slumps

The global economy could lose more than $4trn because of the damage Covid-19 has had on international tourism, a United Nations report has warned.

30 Jun
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Velocys enters strategic deal with Koch Project Solutions

Sustainable fuel technology company Velocys announced the execution of a strategic framework agreement with Koch Project Solutions (KPS), a subsidiary of Koch Engineered Solutions, for its Bayou Fuels biorefinery project in the US state of Mississippi on Wednesday.

30 Jun
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Stagecoach sees revenues slide, but stays upbeat for current year

Stagecoach Group reported a slump in annual profits on Wednesday, after the pandemic hit revenues, but said it was encouraged by progress to date on the roadmap out of lockdown.

30 Jun
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US private sector payrolls grow more quickly than expected in June

Hiring in America strengthened by more than expected in June, as services sector firms, especially in Leisure and Hospitality, added to their payrolls.

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Important Legal Notice about News Sources

Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles and we may not share the views of the author or publisher.

We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.