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THE MOST READ

05 Jul
Amazon's investment in Deliveroo faces competition inquiry

The competition watchdog is investigating Amazon's investment in Deliveroo - a move that marked the online giant's renewed interest in the UK food delivery market.

05 Jul
US non-farm payrolls rise by 224,000 in June, calling Fed cuts in question

Hiring in the US picked up by a greater than expected 224,000 last month, leading some economists to trim their forecasts for interest rate cuts by the Federal Reserve at its next policy meeting on 30-31 July, whilst others dug in their heels against widespread predictions for imminent easing, anticipating instead that a move would come in September.

05 Jul
London midday: Stocks maintain mild losses ahead of payrolls

London stocks were still slightly lower by midday on Friday as investors eyed the release of the latest US non-farm payrolls report, with miners and housebuilders under pressure.

05 Jul
German factory orders drop much more than expected in May

German manufacturing orders fell much more than expected in May, driven by a slump in foreign orders, according to figures released by Destatis on Friday.

05 Jul
Review recommends cutting inheritance tax gift period

An independent review of inheritance tax has recommended reducing the qualifying period for gifts before death as part of a broader push to simplify the tax.

05 Jul
IAG passenger number increases driven by growth in all regions

International Airlines Group (IAG), owner of airlines such as British Airways and Aer Lingus, on Friday reported a year-on-year increase in passengers carried, as well as expanded capacity and improved load factor.

05 Jul
London open: Stocks edge lower ahead of payrolls; miners slump

London stocks edged lower in early trade on Friday as investors eyed the release of the latest US non-farm payrolls report, with miners under pressure.

05 Jul
Friday newspaper round-up: Betting shops, digital tax, Sainsbury's

A quarter of betting shops on UK high streets have been slated for closure, putting 12,000 jobs at risk, with William Hill the latest bookmaker to blame job cuts on stricter regulation of fixed-odds betting terminals (FOBTs). Restrictions cutting the maximum stake on the controversial betting machines from £100 per spin to £2 came into force in April after a lengthy campaign by activists and MPs, who linked the controversial machines to gambling addiction. – Guardian

05 Jul
US pre-open: Futures point to small losses ahead of jobs data

US stocks looked set to dip at the open as investors awaited Friday's jobs report.

05 Jul
Weak UK, Irish construction hits SIG H1 sales

Weak construction markets in the UK and Ireland have let to a 3.8% fall in first half like-for-like sales at building materials supplier SIG.

05 Jul
Spectris slumps after Merrill downgrade to 'underperform'

Bank of America Merrill Lynch downgraded its stance on shares of Spectris to 'underperform' from 'buy' on Friday, cutting the price target to 2,700p from 2,900p as it pointed to a loss of momentum.

05 Jul
John Menzies warns over full-year earnings amid aviation market challenges

Aviation services business John Menzies warned on Friday over its full-year earnings, as it pointed to challenges in the wider aviation market.

05 Jul
Chinese steel mills band together against rising iron ore prices

Leading Chinese steel firms have banded together to investigate whether or not "non-market factors" were driving recent record iron ore prices as they called on the government to maintain stability across the market.

05 Jul
Asia report: Markets mostly higher as investors look for Fed clues

Most markets in Asia were in the green on Friday, as investors continued to look across the Pacific for clues on the prospect of Federal Reserve interest rate cuts, which were due to come in the form on nonfarm payrolls later in the global day.

05 Jul
Europe midday: Stocks dip after 'dreadful' German factory orders data

Stocks across the Continent are heading into the weekend moving modestly lower, hit by a much weaker than expected reading on German factory orders, while a much stronger than anticipated print on the US June jobs report did little to lift sentiment.

05 Jul
London pre-open: Stocks seen flat ahead of non-farm payrolls

London stocks were set for a muted open on Friday as investors eyed the release of the latest US non-farm payrolls report.

05 Jul
IAG says it's not interested in Norwegian Air

British Airways and Iberian parent International Consolidated Airlines Group reiterated on Friday that it is no longer interested in buying Norwegian Air.

05 Jul
Regal Petroleum's second quarter production gushes higher

Regal Petroleum reported an increase in second quarter production on Friday, with double digit increases at its Mekhediviska-Golotvshinska (MEX-GOL), Svyrydivske (SV) and Vasyschevskoye (VAS) gas and condensate fields

05 Jul
Eco Atlantic upbeat as drilling operations begin at Jethro-Lobe

Eco Atlantic Oil & Gas announced on Friday that drilling operations had started offshore Guyana, with the spudding of the first exploration well on its Jethro-Lobe prospect on the Orinduik Block.

05 Jul
House prices withstand uncertainty, Halifax says

House prices fell slightly in June but the annual trend strengthened, figures from Halifax showed.

05 Jul
James Fisher hires Spectris's Eoghan O'Lionaird as next CEO

James Fisher and Sons has recruited Eoghan O'Lionaird from Spectris as the marine services company's next chief executive.

05 Jul
Live Company on track to exceed 2019 events targets

Live Company revealed on Friday that it looked set to exceed its events target for 2019 after securing around 67% of revenues for the year already.

05 Jul
Dechra buys another 15pc of Medical Ethics in £8m deal

Dechra Pharmaceuticals has acquired a further 15% of the issued share capital of Medical Ethics, the parent company of Animal Ethics, for a total consideration of AUD 13.5m (£8m), it announced on Friday.

05 Jul
Jaguar Land Rover to build electrified car range in UK

Jaguar Land Rover will build range of new electrified cars at its Castle Bromwich plant in Birmingham, starting with the next-generation all-electric Jaguar XJ, the company confirmed on Friday.

05 Jul
Hammond in no deal warning to Johnson, Hunt

UK finance minister Philip Hammond on Friday said it would be “shocking” if parliament was prevented from blocking a no-deal Brexit.