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FTSE inches lower, still on track for second week of gains

LONDON Britain's top share index edged down on Friday after hitting a seven-week high the previous day, with IT firm Micro Focus falling after a rating downgrade and Antofagasta tracking weaker industrial metals prices.

Recent Business News

British banks do not have to pay for payment scam losses

LONDON Banks are under no obligation to reimburse tens of thousands of people who have lost millions of pounds by making transfers to fraudsters, a British regulator ruled on Friday.

UK, 10:31am GMT

Hammond says WTO option would not be best outcome of Brexit

SEOUL World Trade Organisation access, whereby Britain would rely on its WTO membership for access to European markets, would not be the best outcome of Brexit, Chancellor Philip Hammond, said on Friday.

7:11am GMT

Oil stable as planned output cuts start to materialise

SINGAPORE Oil prices were stable on Friday as evidence increased that producers in the Middle East were informing customers of upcoming supply cuts as part of a coordinated effort to drain a global glut.

8:14am GMT

Apple can sell iPhone 7s in Indonesia after R&D; investment commitment

JAKARTA Apple Inc has committed to invest around $44 million (35.41 million pound) in a research and development centre in Indonesia over the next three years, a senior government official said, enabling it to start selling its latest iPhone 7 in the Southeast Asian nation.

10:09am GMT

Lufthansa, pilots agree to mediated talks on pay dispute

FRANKFURT Lufthansa and German pilots' union Vereinigung Cockpit have agreed to mediated talks to resolve a row over contracts dating back to 2012, the two parties said on Friday.

8:55am GMT
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FTSE 100 7,003.77 + 4.76 +0.07%
DAX 11,369.08 + 2.68 +0.02%
CAC 40 4,807.83 -11.40 -0.24%
TR Europe 145.74 + 0.31 +0.21%
GBP/USD 1.2429 +0.10%
GBP/EUR 1.1882 -0.31%
EUR/USD 1.0464 +0.47%
Gold 1,133.70 +5.90 +0.52%
Oil 50.61 -0.29 -0.57%
Corn 357.25 +0.75 +0.21%