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London close: Stocks weaker as Evergrande hand-wringing continues
London stocks closed in the red on Friday, rounding out the week with continued concerns about embattled Chinese property developer Evergrande.
Week ahead: German election eyed; Next, Go-Ahead due to report
The German federal election is due to take place over the weekend, with Chancellor Angela Merkel stepping down after four terms in office.
US pre-open: Stocks to fall amid Evergrande uncertainty
US stock futures were pointing to a weaker open on Friday amid ongoing concerns about Chinese property developer Evergrande.
US open: Stocks fall as Evergrande worries drag on; Nike slumps
Stocks on Wall Street were lower in early trade on Friday amid ongoing concerns about Chinese property developer Evergrande.
Europe open: Shares slip on Evergrande repayment jitters
European stocks opened lower on Friday as investors digested central bank policy decisions and monitor developments surrounding debt-strapped property developer China Evergrande.
Europe close: Evergrande saga, German Ifo survey a drag on stocks
European stocks finished the week lower as worries over debt-strapped property developer China Evergrande and a weak German business confidence survey weighed on investor sentiment.
Weekly review
The FTSE 100 ended the week 87. 84 points higher, closing at 7,051. 48 on Friday.
Cruise operator Carnival posts $2bn loss for third quarter
Cruise operator Carnival reported a third-quarter adjusted net loss of $2bn on Friday but said that bookings for the second half of next year are above pre-pandemic levels.
EQT faces market abuse probe by Swedish regulators over $2.7bn share sale
Listed private equity group EQT is being probed by Swedish regulators over potential market abuse after a controversial $2. 7bn share sale by top executives.
Broker tips: LondonMetric, Ultra Electronics, JTC
Citi upgraded LondonMetric to ‘buy’ from ‘neutral’ on Friday, saying it remains confident of structural tailwinds for logistics, estimating a doubling of space requirements over around 10 years.
UK agrees to relax visa rules for foreign truck drivers - report
British Prime Minister Boris Johnson has reportedly approved the relaxation of UK immigration rules to allow more foreign truck drivers into the country to ease shortages at petrol stations and wider economic disruption.
Director dealings: Diageo chair buys shares for his adult children
Drinks distilling giant Diageo revealed on Friday that chairman Javier Ferran had purchased 25,000 shares in the company.
FTSE 250 movers: Mitie rises after profit guidance hike, JTC hit by downgrade
Facilities management company Mitie Group was on the rise on Friday afternoon, after it lifted annual profit guidance following a strong second quarter earlier.
US new home sales beat expectations in August
Sales of new US single-family homes rose more than expected in August, according to figures released on Friday by the Commerce Department.
FTSE 100 movers: JD Sports hit by Nike results; travel stocks gain
London’s FTSE 100 was down 0. 3% at 7,060. 84 in afternoon trade on Friday.
Peel Hunt raises £122m in London listing
Broker Peel Hunt said on Friday that it has raised £112m in a listing on London’s junior AIM market.
Totally wins £16m in urgent care contract extensions
Healthcare services provider Totally reported on Friday that its urgent care division had been awarded several contract extensions, worth a total of about £16m.
Microsaic Systems signs support deal in China
Point-of-need mass spectrometry technology company Microsaic Systems has signed an agreement with Jiangsu Henzhihe Technologies Company (HZH), it announced on Friday, to support its relationship with its China distributor.
Barclays sued for €279m in Dutch derivatives suit
Britain's Barclays Bank has been sued for €279m ($239m) for its alleged involvement in a derivatives investment that almost put a Dutch affordable-housing provider out of business, it was reported on Friday.
China says all crypto-related transactions are illegal
China's central bank said on Friday that all activities related to cryptocurrency transactions are illegal and must be banned.
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