THE MOST READ

19 Jan
Teams with ethnic and gender diversity better for business, study reveals

Businesses perform better when they have a greater ethnic and gender diversity, with less diverse companies being 29% more likely to be less profitable, according to a study conducted by McKinsey & Co.

19 Jan
Friday broker round-up

Fever-Tree: Jefferies initiates buy with a target price of 3000p.

19 Jan
FTSE 100 movers: Broker upgrades provide light amid retailer's gloom

FTSE 100 shares looked to break a four-day losing streak on Friday, boosted by a weaker pound and with broker upgrades providing some optimism among the gloomy retail updates.

19 Jan
Broker tips: Halfords, Fevertree Drinks, Easyjet

Canaccord Genuity upped its stance on Halfords to 'buy' from 'hold' on Friday, lifting the price target to 436p from 370p following the company's third-quarter update a day earlier.

19 Jan
FTSE 250 movers: Acacia glitters as gold rallies; Dignity tumbles on profit warning

London's FTSE 250 was down 0.1% to 20,652.10 in afternoon trade on Friday, with retailers in focus.

19 Jan
London close: Dip in pound offsets weakness in retailers

London stocks were boosted on Friday by weakness in the pound, which slipped following the release of disappointing retail data that added to the sector's woes alongside a profit warning from Carpetright.

19 Jan
Kellogg's invests $66m into expansion of Brazilian operations

Cereal maker Kellogg's has made an investment of BRL 215m towards an expansion of operations in the south of Brazil, the company announced on Friday.

19 Jan
Dignity issues profits warning as funeral price war intensifies

Funeral provider Dignity issued a profits warning on Friday as it said 2018 results would be slammed by a price war in the sector.

19 Jan
Director dealings: Premier Technical Services heads sell 750,000 shares each

John Foley, chairman of UK-based permanent façade access equipment firm Premier Technical Services Group (PTSG), sold 750,000 ordinary shares in the company on Friday, as did chief executive Paul Teasdale, with the pair collecting over £1.5m a piece as a result of the two transactions.

19 Jan
BT attempt to change pension indexation blocked by High Court

BT Group has been blocked by a High Court ruling from changing the rate of inflation used to calculate the pension deficit for many of its workers.

19 Jan
Europe close: Stocks jump amid strong inflows from investors

European stocks found a bid heading into the weekend, amid data revealing strong inflows into the bloc's equity markets.

19 Jan
Carpetright shares floored by second profits warning as Xmas sales plunge

Shares in flooring and beds specialist Carpetright plunged on Friday as the company issued another profits warning and reported trading in its important post-Christmas period “significantly behind expectations”.

19 Jan
US open: Stocks higher even as government shutdown looms

Wall Street's main market gauges are trading mostly higher despite a downbeat close the day before, as investors put aside their concerns about a possible government shutdown ahead of a key Senate vote.

19 Jan
SEC raises concerns over Bitcoin investor funds

The US Securities and Exchange Commission cautioned investors over bitcoin-themed investments on Thursday, as the regulator warned the fund industry that it wanted answers to its vast concerns before making any moves to endorse multiple proposed products based on cryptocurrencies.

19 Jan
UK retail sales tank in December, dragging 2017 to four-year low

Official UK retail sales sank sharply last month in the worst December performance for seven years as households continued to feel the real income squeeze.

19 Jan
Fevertree shoots higher on bid speculation and broker 'buy' recommendation

Fevertree Drinks is in a "unique" position to capitalise on the 'premiumisation' or 'gin-naissance' trends in the drink industry, analysts believe, leading to rumours on Friday that the company may be a takeover target.

19 Jan
EasyJet to take off on back of Air Berlin slots acquisition - Morgan Stanley

EasyJet looks ready to reap the benefits of its moves to expand its short-haul flight business, as its acquisition of recently collapsed carrier Air Berlin's operations at Tegel Airport set up the British firm to take the title of Germany's leading airline.

19 Jan
Trans-Siberian Gold edges past guidance on record Q4 production

In the three months leading to 31 December, miner Trans-Siberian Gold produced 12,244 ounces of gold to lift annual production just ahead of guidance.

19 Jan
Macron says UK must pay for access to single market after Brexit

French President Emmanuel Macron said Britain would not gain access to EU markets, including lucrative financial services, unless it paid for them.

19 Jan
Senate showdown looms to avert federal government shutdown

All eyes are on Capitol Hill and whether Senators from both sides of the aisle will manage to avert a federal government shutdown amid a looming bust-up over immigration.

19 Jan
Boris Johnson suggests 22-mile long bridge across English Channel

UK foreign secretary Boris Johnson has discussed the possibility of building a bridge between the UK and France with French president Emmanuel Macron in order to facilitate transport after Brexit.

19 Jan
Aviva finalises disposal of Taiwanese operations to JV partner

Insurance group Aviva has completed the sale of its 49% shareholding in its Taiwanese joint venture, First Aviva Life, to its partner First Financial Holdings.

19 Jan
London midday: Stocks gain as pound drops on retail sales; Carpetright burns sector

London stocks were boosted by midday on Friday by a fall in the pound, which slipped following the release of disappointing retail data that added to the sector's woes alongside a profit warning from Carpetright.

19 Jan
French esports franchise ARES joins Gfinity's Elite Series

Esports entertainment group Gfinity announced on Friday that Paris-based esports franchise ARES has acquired its place on the roster at the Gfinity Elite Series season three, which is due to commence in March.

19 Jan
Interserve among those monitored by government after Carillion collapse

News that Interserve was being closely monitored by the UK government after collapse into insolvency of contracting peer Carillion sent its shares tumbling on Wednesday.