Source: Sharecast
Equity view:
Princes Group is to debut on the London market, the canned food specialist confirmed on Friday, as it looks to fund an acquisition spree.
Clinical-stage biotechnology firm Sareum said on Friday that it has discontinued its 16-week pre-clinical toxicology study for autoimmune and cancer candidate SDC-1801 after safety issues were flagged by a third-party provider.
Building products manufacturer Ibstock reported weaker-than-expected demand in its core construction markets during the third quarter amid a "more uncertain near-term backdrop".
Recruitment firm Hays said it experienced the typical recovery in post-summer activity in its first quarter, but expects ongoing macroeconomic uncertainty to weigh on its performance over the remainder of the year.
HSBC announced on Thursday that it was planning to take Hang Seng Bank private in a deal that values the lender at 290 billion Hong Kong dollars ($37bn), but shares tumbled after it said it would suspend buybacks for three quarters to preserve capital.
Close Brothers shares tanked on Thursday as it warned that the Financial Conduct Authority’s motor finance redress scheme would result in a "material increase" to its existing provision of £165m.
Residential property business Grainger said on Thursday it had delivered a strong full-year performance, with occupancy at 98.1% and like-for-like rental growth of 3.6%.
Retail-focused property group Hammerson has reported solid momentum in the third quarter as it announced strong investor demand for a new bond offering.
Secure Trust Bank tumbled on Thursday as it warned on profits due to the performance of its non-core vehicle finance division, but insisted the core business continues to trade in line with expectations.
Johnson Matthey said on Thursday that full-year underlying operating profit was set to be at the higher end of initial guidance for mid single digit growth.
Lloyds has revealed it will need "material" additional provisions to provide redress to customers in the motor finance mis-selling scandal.
Shell guided towards higher third quarter revenues from trading, sending its shares higher.
Silver and gold mining business Hochschild Mining said on Tuesday that its Tiernan Gold subsidiary had entered into a definitive agreement to complete a reverse takeover of Railtown Capital, with the combined entity to be renamed Tiernan Gold Corp on completion.
Mining giant Rio Tinto said on Tuesday that it will invest $733m alongside joint venture partners Mitsui and Nippon Steel to develop new iron ore deposits at the West Angelas hub in Western Australia's Pilbara region, with Rio's share totalling $389m.
Tobacco giant Imperial Brands said on Tuesday that it remained on track to meet full-year guidance, supported by growth across both its tobacco and next-generation product categories.
Shares in Mondi crumpled on Monday after the packaging and paper group warned weak demand and failing prices had hit earnings.
Aston Martin Lagonda Global Holdings warned on profits and launched an immediate review of costs on Monday, after US tariffs crashed third-quarter demand.
Shawbrook Group is set to return to the London market, the specialist lender confirmed on Monday, in what could be one of the City’s biggest listings so far this year.
AstraZeneca and Japan's Daiichi Sankyo announced on Monday that their jointly developed Datroway breast cancer treatment achieved positive results in a phase III trial.
Mining giant Ferrexpo reported a modest rise in third-quarter output on Monday, as strong Chinese demand for high-grade concentrate helped offset reduced pellet production amid liquidity constraints.
Electrolysers manufacturer ITM Power said on Monday that it has signed a front-end engineering design (FEED) contract for a project which has been shortlisted in the UK's Hydrogen Allocation Round 2.
Economic news:
According to the latest UK Report on Jobs survey from KPMG and the Recruitment & Employment Confederation, there was a further decline in the recruitment of permanent staff at the end of the third quarter.
Weak consumer confidence and uncertainty arising from the upcoming Autumn Budget prompted a steeper drop in footfall across the UK’s high streets, retail parks and shopping centres in September, according to data from the British Retail Consortium on Friday.
The Bank of England warned on Wednesday of the risk of an Artificial Intelligence bubble in financial markets.
Lloyds Banking Group has said it is "assessing the implications" of an announcement by the Financial Conduct Authority to charge motor finance lenders £11bn in compensation for unfair practices.
British carmaker Jaguar Land Rover said on Tuesday that it will begin restarting production at several UK sites from Wednesday, following a near six-week shutdown triggered by a major cyber attack.
House prices ticked lower in September, industry data showed on Tuesday, missing forecasts for a slight rise.
New UK car sales rose strongly in September, with battery electric and hybrid vehicles collectively accounting for more than half of all registrations, according to the Society of Motor Manufacturers and Traders (SMMT).
The UK’s construction sector continued to falter in September, a closely-watched survey showed on Monday, although the pace of downturn moderated slightly.
International events:
Automotive giant Stellantis has reported a solid increase in vehicle shipments in the third quarter, helped strong growth in North America.
Ferrari's share price fell sharply on Thursday after the Italian luxury sportscar maker underwhelmed with long-term profit growth guidance, despite the company raising current-year estimates and announcing plans to raise shareholder returns.
Denmark’s Novo Nordisk said on Thursday that it has agreed to buy Akero Therapeutics - a clinical-stage company developing treatments for patients with serious metabolic diseases - for up to $5.2bn.
Chip giant Taiwan Semiconductor Manufacturing Company (TSMC) beat forecasts with its third-quarter revenues as the ongoing surge in AI spending continued to prop up demand.
Shares in BMW plunged in Frankfurt on Wednesday after the German auto giant warned that profits would fall this year after adjusting its outlook for weaker sales in China and the impact of US trade tariffs.
Japan’s SoftBank said on Wednesday that it has agreed to buy the robotics business of Swiss engineering company ABB for $5.4bn.
New York Stock Exchange owner Intercontinental Exchange said on Tuesday that it has agreed to invest up to $2bn in Polymarket, a prediction market and information platform tracking event probabilities across markets, politics, sport and culture.
Denmark’s Orsted has raised nearly £7bn in a heavily discounted rights issue, as it looks to shore up its finances amid Donald Trump’s vocal opposition to wind power.
Cincinnati-based bank Fifth Third Bancorp said on Monday that it had agreed to acquire regional peer Comerica in an all-stock deal valued at $10.9bn, creating the ninth-largest US bank by assets.
French markets fell sharply on Monday after France’s new prime minister resigned, deepening the political turmoil engulfing the country.
