Latest News
Trump denies saying 'shithole' countries in immigration talks
President Donald Trump rejected a bipartisan compromise to extend protections against deportations of young immigrants on Thursday and questioned why would he allow more immigrants coming from Haiti and “shithole countries” in Africa. On Friday the president denied having said the derogatory comments.
US retail sales grow more quickly than expected in December
US retail sales grew more strongly than expected last month amid especially strong demand for building materials and for on-line retailers.
Escher Group sees FY earnings at around $2.8m
Dublin-based software company Escher Group said on Friday that full-year revenue is expected to be marginally ahead of the $18m forecast in the trading update in November, while adjusted earnings before interest, tax, depreciation and amortisation will be around $2. 8m.
7digital wins two new contracts; sees progress with clients
Music streaming and radio service provider 7digital Group on Friday said it had won two new contracts to further underpin 2018 revenues.
Lighthouse Group sees FY earnings, revenue and pre-tax profit ahead of views
AIM-listed Lighthouse Group said on Friday that it expects to report full-year revenue, earnings before interest, tax, depreciation and amortisation and pre-tax profit ahead of market views.
EU reportedly to hold UK to common fishing policy after Brexit
The EU will resist any renegotiation of fishing quotas in UK waters during any transition period after Brexit, the Guardian reported on Friday citing an unnamed EU diplomat.
GKN rejects Melrose offer, appoints new CEO and announces restructure
Shares in GKN surged on Friday after the company said it has rejected a bid proposal from Melrose and appointed Anne Stevens as chief executive, as it announced plans to separate its aerospace and automotive businesses.
Uber used secret system to lock down computers in police raids
Former Uber employees have confirmed the company routinely used a software system called Ripley to lock computers from tax investigators between 2015 and 2016.
XP Power closes out trading year with strong fourth quarter
Critical power control components developer and manufacturer XP Power had a "good finish" to its trading year ended 31 December, as strong order intake drove robust revenue growth.
Armadale Capital offloads Cono gold project to Radismore
African-focussed natural resource investor Armadale Capital has agreed to sell its interest in the Mpokoto gold project in the Democratic Republic of Congo for a total of $0. 56m and a 1. 5% royalty on all gold produced.
US pre-open: Stocks to rise as earnings flow in; retail sales and inflation eyed
US futures pointed to a firmer open on Wall Street on Friday, with investors sifting through earnings from the likes of BlackRock and JPMorgan ahead of retail sales and inflation data.
Avocet Mining defers sale of Burkino Faso assets
Embattled gold explorer Avocet Mining has been forced to delay the sale of its Burkina Faso assets, including the Inata goldmine, on the request of the buyer, Ghana's Balaji Group.
Ex-BHS owner Dominic Chappell found guilty of failing to disclose information
Former owner of the collapsed BHS retail chain Dominic Chappell has been found guilty of three charges of failing to provide documents to the pensions watchdog.
London midday: FTSE hits fresh high as GKN surges on Melrose offer
London stocks had edged a little further into the green by midday on Friday, with the top-flight index hitting a record intraday high as engineering group GKN surged after rejecting an offer from Melrose in favour of carrying out a restructure.
FCA's binary blacklist of almost 100 firms offering unauthorised options trading
The UK financial regulator has published a list of 94 firms illegally offering binary options trading to British investors, many of which are suspected of hiding the fact that they are based overseas.
Petards sees FY profits hoisted above expectations
Surveillance group Petards said it expected full year pre-tax profits to be above market expectations, although £1m in revenues would be deferred into 2018.
Howden Joinery confirms new CEO's start date
Howden Joinery Group has confirmed that chief executive designate Andrew Livingston will join on 29 January, as founder and current CEO Matthew Ingle retires.
FFI Holdings buys motorsports entertainment insurance book from All Risks
AIM-listed FFI Holdings has acquired the motorsports entertainment insurance book of business from All Risks, the largest US independent wholesale brokerage, through its subsidiary Reel Media.
Trump cancels UK embassy visit, blames Obama for 'bad deal' on building
President Donald Trump has cancelled a planned trip to open the US embassy in London, claiming the cost and location of the new building was a “bad deal”.
President Energy completes Argentinian workovers ahead of target
AIM-listed oil and gas group President Energy wrapped up its third and fourth workover wells at the recently acquired Puesto Flores Field in Argentina, completing the project on time and under budget.