Latest News
11 Feb
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Week ahead: US CPI, economic data and Fed speak in the spotlight

All eyes over the coming week would be on the US consumer price report for January and to what extent inflation reaccelerated in month-on-month terms.

10 Feb
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Europe close: Stocks fall back as rate hike bets in US shift higher

European shares fell back on Friday as a profits warning by sportswear giant Adidas offset better-than-expected economic data from China and the UK.

10 Feb
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London close: Stocks end week on a down note with US CPI ahead

London stocks were still in the red on Friday as investors failed to find any comfort in news the UK narrowly avoided following into recession last year.

10 Feb
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3i Infrastructure raises £100m in placing

3i Infrastructure has raised £100m through a share placing, the Jersey-based investment trust confirmed on Friday.

10 Feb
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Broker tips: Abrdn, GSK

HSBC downgraded Abrdn to 'reduce' from 'hold' on Friday as it took a look at UK wealth managers.

10 Feb
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Director dealings: Gulf Marine Services director makes share purchase

Gulf Marine Services revealed on Friday that non-executive director Charbel El Khoury had acquired 500,000 ordinary shares in the London-listed boat operator.

10 Feb
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Bonhill to sell UK, Asia businesses to MA Financial Media for £6.5m

Bonhill said on Friday that it has agreed to sell its UK and Asia businesses to MA Financial Media, a member of the Mark Allen Group, for £6. 5m in cash.

10 Feb
10 Feb
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FTSE 100 movers: BP, Shell rally as oil prices jump; Abrdn hit by downgrade

London’s FTSE 100 was down 0. 6% at 7,863. 65 in afternoon trade on Friday.

10 Feb
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US consumer confidence edges higher in February, University of Michigan says

Americans grew a tad more confident towards the middle of February, the results of a very closely followed survey revealed.

10 Feb
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US open: Stocks lower as volatile week draws to a close

Wall Street futures were in the red early on Friday as an up and down week for stocks gets set to draw to a close.

10 Feb
Rail union to recommend pay offer - report

Britain is reportedly nearing a breakthrough with a major rail union in an attempt to end persistent train strikes that started last summer.

10 Feb
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Barclays in row over Tech Nation staff

Banking giant Barclays has come head-to-head with Tech Nation over whether or not it should be forced to absorb dozens of staff under regulations designed to protect workers when their employer is taken over.

10 Feb
Europe midday: Shares extend losses as Adidas issues profit warning

European shares extended losses on Friday as a profits warning by sportswear giant Adidas offset better-than-expected economic data from China and the UK.

10 Feb
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US pre-open: Major indices look set to extend losses another session

Wall Street futures were in the red ahead of the bell on Friday as a rollercoaster week gets set to draw to a close.

10 Feb
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Russia to cut oil output by 500,000 barrels a day

Russia said on Friday that it will oil production by 500,000 barrels a day next month in retaliation against Western sanctions over the war in Ukraine.

10 Feb
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London midday: Stocks stay down but BP, Shell rally

London stocks were still in the red by midday on Friday as investors failed to find any comfort in news the UK narrowly avoided following into recession last year.

10 Feb
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ASOS names Sean Glithero as new CFO

UK fast fashion retailer ASOS said it had appointed former Matchesfashion chief financial officer Sean Glithero as its new interim CFO.

10 Feb
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UK trade deficit widens

The UK trade deficit widened sharply in December, official data showed on Friday, following a spike in gas prices.

10 Feb
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HSBC downgrades Abrdn, cautious on near-term prospects for wealth managers

HSBC downgraded Abrdn on Friday to ‘reduce’ from ‘hold’ as it took a look at UK wealth managers.

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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.

The value of investments can fall and you may get back less than you invested.