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Commodities
18 May
glencore
Glencore shares drop on reports of looming SFO probe

Glencore’s shares were well into the red on Friday afternoon, as reports emerged that the Serious Fraud Office was making preparations to open a formal investigation into the company, over its work with the leader of the Democratic Republic of the Congo and Israeli billionaire Dan Gertler.

18 May
iron ore hierro metals commodities ferrexpo pellets
Sector movers: Stocks dance to US dollar's tune

Bond proxies such as Personal Goods (Unilever) or interest rate sensitive stocks (Construction, CRH) fared best at the end of the week, amid weakness in the pound and a sharp drop in longer-term Gilt yields.

18 May
ep petroleo 20170609184303
Echo Energy makes gas discovery on Argentine asset

Oil and gas company Echo Energy announced on Friday that it has made a gas discovery at the ELM-1004 exploration well at the company's onshore Fracción C asset in Argentina.

18 May
donald-trump-moon-jae-2017
Trump warns Kim Jong-Un to strike a deal or suffer the same fate as Gaddafi

US President Donald Trump contradicted his national security adviser John Bolton and said the 'Libya model' for denuclearisation is not the way forward with North Korea, but said it was a possibility if both countries don’t strike a deal in the near future.

18 May
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Theresa May's new customs plan could keep UK aligned with EU past 2020

Prime Minister Theresa May has proposed a new Brexit customs plan aimed to break the deadlock the UK government is facing over the future relationship with the EU post-2020 faced some problems on Thursday.

18 May
luigi di maio
Italy's 5 Star, League agree coalition deal

Italy's Five Star Movement and the right-wing League parties on Friday agreed a deal to govern the country, promising tax changes, a basic income for the poor and pension reforms.

18 May
solgold drilling ecudaor
Altona Energy lays out objectives for upcoming drilling programme

Mining and exploration company Altona Energy on Friday provided further details of its planned initial drilling programme at the Westfield tenement in South Australia.

18 May
xi jinping china
China-USA trade talks stumble

China has denied offering to reduce its annual trade surplus with the US by $200bn through increased imports of American products, rebuffing earlier reports in American media.

17 May
tullow
Sector movers: Goldman boosts Cairn Energy, Tullow

News that Ocado had inked a partnership agreement with US chain Kroger light a fire under the market and the wider sector on Thursday, pushing Food & Drug Retailers to the top of the leaderboard.