Market Pulse
ScotGold cuts losses
Scotgold Resources, the firm focused on the Cononish gold and silver project in Scotland's Grampian Highlands, announced on Friday that it had reduced losses over the past financial year thanks to the company reaching the production stage of its first-ever commercially produced Scottish gold.
Europe close: Moderate gains across the Continent
European shares closed higher on Friday with stocks tracking the more positive sentiment seen in the Asian and US sessions.
Carillion loses £1.2bn in first half, but has 'clear plan' for turnaround
Carillion has unveiled a £1. 15bn first-half loss and warned full year results would be worse than expected, although stand-in management say they have a "firm handle" on the construction group's problems and have put in place "a clear plan to address them".
London close: Stocks finish week on front foot as data deluge dents pound
London stocks finishing the week on the front foot as the pound lost ground after UK economic growth was revealed to have slowed to a four-year low in the second quarter and the current account deficit widened.
Losses widen for Big Sofa but 'material revenue growth expected'
Video content management firm Big Sofa Technologies Group said on Friday that over the first six months of its trading year it had witnessed "excellent" strategic progress despite reporting widening losses.
CVS Group dashes to all-time high as acquisitions boost dividend
Veterinary services firm CVS Group reported an "outstanding performance" in its full-year results released on Friday, as it saw profit and revenue continue to grow as it steamed ahead on its rapid acquisition trajectory.
Amazon eyeing further office space in Dublin
Online retail behemoth Amazon is looking for office space in Dublin that could house as many as 800 employees as the e-commerce giant seeks to come through on its promise of bringing 500 new jobs to the Irish capital ahead of Britain's exit from the European Union in March 2019.
Ryanair succumbs to CAA demands for clarification on cancellations
Irish budget airline Ryanair has agreed to comply with demands made by regulators to inform customers of their full compensation rights after it cancelled thousands of flights in recent weeks.
Trial of former Tesco directors kicks off
Three former Tesco directors appeared together at Southwark crown court in London on Friday on charges that suggest the supermarket giant's 'generals' had pressured staff members into massaging profits in order to mislead the stock market.
Chicago PMI unexpectedly improves in September
Economic activity in the Chicago area unexpectedly improved in September, according to figures released on Friday.
'Miracles' required to progress Brexit talks on to trade next month - Juncker
European Commission president Jean-Claude Juncker has said that there would have to be ‘miracles’ for Brexit talks to progress to trade issues in October.
Glencore eyeing Chevron's South Africa assets - report
Glencore is chewing over a potential bid for some of Chevron's South African assets, according to reports on Friday afternoon.
US consumer sentiment dips in September
US consumer sentiment deteriorated more than expected in September, according to a reading from the University of Michigan .
Success sees Mkango extend R&D project with Metalysis
Mkango Resources announced on Friday that it has commenced Phase II of its research and development programme with Metalysis, and has raised £0. 5m at 3. 5p per share in a placing.
Tricorn Group wins seven year deal for new electric London taxi
Tube manipulation specialist Tricorn Group announced on Friday that its UK operation, Maxpower Automotive, has secured a long-term supply agreement with the London Electric Vehicle Company - formerly the London Taxi Company.
Edenville completes construction of Rukwa Coal wash plant
Edenville Energy announced on Friday that construction of the wash plant at its Rukwa Coal Project site has now been completed.
FTSE 100 movers: ITV boosted by upgrade; StanChart gives up gains
London’s FTSE 100 index was up 0. 7% to 7,376. 36 in afternoon trade on Friday, underpinned by the pound, which fell on the back of disappointing GDP figures.
Obtala upbeat about future of timber pricing
Sustainable agriculture and forestry firm Obtala posted its third quarter business update on Friday, confirming it was in discussion with “several parties” to provide tranches of $25m in trade finance to support growth in its timber trading division profits, with one letter of intent signed to date.
FTSE 250 movers: Sanne rallies on acquisition, QinetiQ gains after update
London’s FTSE 250 was up 0. 8% to 19,830. 14 in afternoon trade on Friday as investors digested a slew of UK data, including a downward revision to second-quarter GDP.
Phoenix Global sees bright future despite declining revenue
London based oil and gas production and exploration firm Phoenix Global Resources announced on Friday that it had realised a combined average production of 11,537 barrels of oil equivalents per day (boepd) over the first six months of its trading year, 10,571 of which having come directly from its Argentinean operations.