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07 Dec
opec
Europe close: Timid bounce for stocks

Most of the main stockmarket gauges on the Continent put in a small bounce at the end of the week, helped by the Organisation of Petroleum Exporting Countries's decision to cut production in a bid to prop up prices.

07 Dec
oil portada
FTSE 250 movers: Oilers rise on OPEC agreement while Sirius dives

London's FTSE 250 was up 1. 15% at 17,957. 43 in afternoon trade on Friday, as oilers powered upward on the back of an OPEC decision to cut production.

07 Dec
un-homme-soupconne-d-avoir-un-couteau-arrete-pres-du-parlement-de-westminster
Week ahead: Brexit vote, ECB and Chinese data in the spotlight

All eyes over the coming week will be on Tuesday's vote in Parliament on the Prime Minister's amended Brexit deal.

07 Dec
annegret kramp karrenbauer cdu microfono
Annegret Kramp-Karrenbauer succeeds Angela Merkel as CDU leader

Annegret Kramp-Karrenbauer has been elected as Angela Merkel’s successor as leader of the German Christian Democrat Party (CDU), beating multi-millionaire businessman Friedrich Merz by just 25 votes.

07 Dec
Weekly review

The FTSE 100 ended the week down 202. 13 points at 6778. 11.

07 Dec
opec meeting
London close: Shares rebound as pound slips, crude oil gains

London stocks recouped part of the previous day's losses on Friday which had taken the top-flight index to its worst level since the Brexit referendum, as investors eyed the release of the latest non-farm payrolls report.

07 Dec
Sector movers: Commodities climb, retail market remains tough

After the storm, a relatively calm Friday saw the commodity-related sectors and defensive stocks climb, while the retail sector was splattered with red.

07 Dec
jp morgan portada
If there is a bubble it is in government bonds, JP Morgan's Dimon says

JP Morgan boss Jamie Dimon cautioned of the risk that the US central bank does "too little too slow".

07 Dec
california incendio
Canaccord cuts profit forecasts on Beazley following California wildfires

Analysts at Canaccord Genuity took a fresh look at insurance and underwriting service Beazley on Friday, a day after the firm warned claims from the recent California wildfires had cost it roughly $40m.

07 Dec
firefighter 1717918 960 720
Broker tips: Beazley, Centamin

Analysts at Canaccord Genuity reiterated their 'buy' rating and 610p target price on insurance and underwriting service Beazley on Friday, a day after the firm warned claims from the recent California wildfires had cost it roughly $40m.

07 Dec
London Stock Exchange AIM LSE shares
Director dealings: Bank of Georgia ups stake following 'best bank' award

Bank Of Georgia chief executive Kakhaber Kiknavelidze purchased 15,000 ordinary shares in the FTSE 250-listed lender on Friday.

07 Dec
ep primark palma mallorca
FTSE 100 movers: Energy shares rally but AB Foods slumps

London’s FTSE 100 was up 1. 8% to 6,824. 28 in afternoon trade on Friday, recovering from heavy falls in the previous session, with rallying oil prices providing an added boost.

07 Dec
The Anchor Inn Enterprise Inns pub
EI Group property portfolio sale goes through to second round

The sale by Ei Group of 350-pub properties has progressed through to the second round, with several investment funds interested.

07 Dec
oilfield
Tower Resources signs contract for jack-up rig in Cameroon

Africa-focussed oil and gas company Tower Resources announced on Friday that its wholly-owned subsidiary, Tower Resources Cameroon, has signed a contract with Vantage Drilling International for the Topaz Driller jack-up rig to provide drilling operations for the NJOM-3 well.

07 Dec
NHS
EMIS Group reaches settlement with NHS Digital

Connected healthcare software provider EMIS Group has reached a settlement agreement with NHS Digital, it announced on Friday.

07 Dec
mysquar lucky wingabar
MySQUAR teeters on the brink as it discovers undisclosed transactions

MySQUAR updated the market on its precarious trading situation on Friday, announcing that in order to preserve cash, it had temporarily shut down one division and part of another to further conserve cash.

07 Dec
wall street
US open: Wall Street bucks global trend with early losses

US stocks traded lower at the bell on Friday, ignoring a global trend in the wake of a late recovery in the previous session as a result of the latest non-farm payrolls report coming in weaker than expected.

07 Dec
goldman-prevoit-un-profit-ampute-de-5-milliards-de-dollars-au-4e-trimestre
US consumer confidence steady in December, but expectations dip, University of Michigan says

US consumer confidence was steady at the start of December, but their confidence in the outlook ebbed, according to the results of perhaps the most widely-followed survey of American consumer spirits.

07 Dec
a-businessman-waits-to-cross-a-street-in-tokyo
Asia report: Markets end disappointing week on a high

Markets in Asia broke several days of disappointment on Friday, as sentiment was boosted by reports that the US Federal Reserve was considering a more gradual incline when it comes to raising interest rates.

07 Dec
kazakhstan mining goldbridges sekiskovskoye
OPEC reportedly agrees 1.2m barrel a day output cut

The world's major oil producers agreed to slash their output by a tad more than had been expected following two days of talks in Vienna.