Latest News
Week ahead: US and German inflation in focus
The market spotlight over the coming week will shift back towards global inflation with consumer price data due out in the United States and Germany.
Private equity firms said to be circling THG, shares surge
THG shares surged on Friday afternoon following a report that private equity firms Advent International, Leonard Green Partners and Apollo were circling the e-commerce company.
Europe close: Stocks retreat despite stronger-than-expected US jobs report
European shares hit the skids after a firm opening, with markets across the region sharply lower despite the release of a stronger-than-expected reading on the US jobs market.
London close: Stocks weaker despite upside surprise from US payrolls
London stocks slipped into the red by the close on Friday, as a cautious mood abounded despite a strong non-farm payrolls report out of the United States.
Weekly review
The FTSE 100 ended the week 50. 33 points higher, closing at 7,516. 40 on Friday.
Director dealings: JTC chair makes purchase, Audioboom bosses exercise and sell options
JTC was at the top of the buyers’ list on Friday, disclosing a near-£0. 1m purchase made by its chairman on 1 February.
Broker tips: Bango, Tullow Oil, Enquest
Analysts at Berenberg initiated coverage on software firm Bango on Friday with a 300. 0p target price and 'buy' rating, stating the stock offered "bang for your buck".
FTSE 250 movers: Travel shares retreat; Wood Group gains
London’s FTSE 250 was down 1% at 21,756. 94 in afternoon trade on Friday.
US open: Stocks mixed following nonfarm payrolls report
Wall Street stocks were mixed early on Friday as market participants thumbed over January's nonfarm payrolls report.
FTSE 100 movers: BP gushes higher; banks lose ground
London’s FTSE 100 was flat at 7,529. 56 in afternoon trade on Friday.
January nonfarm payroll numbers surprise to the upside
The US economy unexpectedly added 467,000 payrolls in January, according to the Bureau of Labor Statistics, much better than analysts' expectations for a print of 150,000.
Waterstones in talks to buy Blackwell's - report
Waterstones has reportedly entered talks to buy family-owned academic bookseller Blackwell's.
Russian retailer Lenta makes executive changes
Russian multi-format retailer Lenta announced changes in its executive team on Friday, confirming that Dmitry Skiba, previously the director of online business and professional client relations, had been appointed chief e-commerce officer from 7 February.
East Star awards contract for 2022 diamond drilling plans
Kazakhstan-focussed gold and copper explorer East Star Resources announced the award of a diamond drilling contract to IG Copper and Gold Kazakhstan ('IGKZ') on Friday, for 5,000 metres of drilling in 2022.
Kefi positive on its plans at Ethiopia's Tulu Kapi
Ethiopia and Saudi Arabia-focussed gold and copper explorer and developer Kefi updated the market on the Tulu Kapi Gold Project on Friday, which is part of the Kefi-operated Ethiopian joint-venture Tulu Kapi Gold Mines Share Company (TKGM).
Corcel confirms extensions to gas peaker project deals
Natural resources explorer and developer Corcel updated the market on its interest in two UK gas peaker assets on Friday.
Providence, Lansdowne rise on Barryroe Field update
Providence Resources updated the market on its optimisation strategy for the Barryroe Field on Friday, calling for “regulatory urgency” to progress the project.
Savannah set to defend litigation brought by Barroso parish
Lithium-focussed resource developer Savannah said on Friday that its wholly-owned subsidiary Savannah Lithium has been joined as the counter-interested party in litigation brought by the Parish of Covas do Barroso in Portugal.
Barclays upgrades Tullow, downgrades EnQuest
Barclays upgraded Tullow Oil but downgraded Enquest on Friday as it changed its rating on the European oil and gas sector to ‘neutral’ from ‘negative’.
US pre-open: Futures mixed ahead of nonfarm payrolls report
Wall Street futures were pointing to a mixed open ahead of the bell on Friday as market participants awaited January's nonfarm payrolls report later in the session.
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