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Europe close: Stocks limp into the weekend
Stocks finished the week on a down note, with traders put off by renewed selling pressure on the Turkish currency, the lira, going into the weekend and wariness over what the final outcome of trade talks between China and the US will be, even as Wall Street moved back towards its record-highs overnight.
Deere & Co's third-quarter profits fall short of Wall Street estimates
Deere & Co's third-quarter profits fell short of Wall Street estimates on Friday, with the company's shares retreating by 3. 3% after it reported higher raw material and freight costs.
Results round-up
Global Ports Holding cut its losses in the first half of the year and expect to report a profit in 2019 as the cruise port operator reported a 14% increase in revenues to $56. 6m, a 7. 5% increase at constant currencies thanks to strong cruise sales.
Apprentice numbers fall despite levy introduction last year
The number of people getting into apprenticeships fell this year despite the introduction of a levy in 2017 intended to improve Britain’s skills base.
Tests at SDX Energy's South Disouq well exceed expectations
Oil and gas company SDX Energy on Friday confirmed that a production test has successfully been completed at its SD-3X appraisal well at South Disouq, Egypt.
London close: Stocks finish flat amid geopolitical squabbles
London stocks managed to crawl back into the black on Friday as investors weighed up the latest developments in Sino-US relations and Washington's threat of more economic sanctions on Turkey.
Week ahead: BHP and Persimmon results in focus
Next week offers a true August holiday break in terms of macroeconomic data and central bank machinations, while there are some key results worth watching out for, including BHP Billiton and Persimmon.
Broker tips: KAZ Minerals, RBS, Barclays, Lloyds, Glencore
KAZ Minerals was downgraded to 'neutral' by analysts at Credit Suisse on Friday, while UBS slashed its share price target.
Sector movers: Commodities lead the fall, investors rotating into defensives
London stocks could not hold onto early gains on Friday to slip into the red, as most major miners and oil giants rumbled lower.
Musk vows to remain Tesla CEO despite 'excruciating' year
Tesla CEO Elon Musk has said he will remain as chairman and chief executive of Tesla despite admitting he suffered an excruciating year at the company that has affected his personal life and health.
FTSE 250 movers: KAZ blasted by brokers as Hikma soldiers on
London's second-tier index was down by 0. 41% at 20,377. 68 on Friday.
UK encourages EU to accept Brexit deal
UK business secretary Greg Clark has warned that the European Commission risks causing “significant and lasting” economic harm to families across the continent if it does not accept Britain’s current Brexit deal.
Fresh US sanctions loom large in Turkey's future as US pastor's appeal rejected
US pastor Andrew Brunson has seen his latest bid for freedom rejected by a Turkish appeals court, increasing the likelihood of a fresh wave of sanctions from the Trump administration.
Director dealings: Wife of Experian CFO lowers stake
Zoe Pitchford, the wife of Experian's chief financial officer Lloyd Pitchford, disposed of 10,000 ordinary shares in the FTSE 100-listed firm on Friday.
Index of leading economic indicators beats forecasts in July, Conference Board says
A well-known gauge of lead indicators for the US economy advanced more quickly than expected last month.
Global Ports cuts losses as cruise ship demand surges
Global Ports Holding cut its losses in the first half of the year and expect to report a profit in 2019 as the cruise port operator reported a 14% increase in revenues to $56. 6m, a 7. 5% increase at constant currencies thanks to strong cruise sales.
Baker Steel's NAV growth falls short of benchmark
Baker Steel Resources saw net asset values tick ahead just 0. 5% over the first half of its trading year, falling short of the EPIX Global Mining Index's 1. 1% advance.
Asia report: Most markets rise on positive trade sentiment
Most markets in Asia finished in the green on Friday, taking their leads from a decent session on Wall Street overnight amid developments in the ongoing US-China trade dispute.
US consumer sentiment dips to 11-month low in August
US consumer sentiment unexpectedly fell in August, to its lowest level since last September, according to a preliminary reading from the University of Michigan.