Friday, 28th August 2015

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News & Reports

London close: Stocks push higher as crude futures snap back

Fri 28th Aug 15, 17:18:02

Alexander Bueso

(ShareCast News) - Sharp gains in crude futures saw the Footsie close at its best levels of the day, despite hawkish remarks from some US Fed officials and optimism from many - but not all - strategists.

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Europe close: Markets end volatile week on a mixed note

(ShareCast News) - European stocks struggled for direction on Friday as investors erred on the side of caution following a turbulent week and ahead of a gathering of central bankers at Jackson Hole in the US. 2 hours ago

British & American Investment Trust outperforms main benchmarks in first half

(ShareCast News) - British & American Investment Trust outperformed the FTSE 100 and All Share indices in the first six months of the year. 2 hours ago

Cathay International Holdings swings to loss due to pricing pressure

(ShareCast News) - Healthcare business Cathay International swung to a first-half loss due to challenging pricing conditions. 3 hours ago

Commodities: Oil, metal futures up as market bounces back

(ShareCast News) - Oil benchmarks continued to make gains on Friday, following their biggest single session rise since 2009 overnight, as equities market fluctuations eased with the weekend approaching. 5 hours ago

FTSE 100 movers: Tullow recovers, Tesco and Morrison hit by Nielsen data

(ShareCast News) - By mid afternoon on Friday, the FTSE 100 was almost exactly flat on the day, meaning despite all the drama of China's 'Black Monday', London's blue chips would end the week higher than they finished the Friday before. 4 hours ago

Facebook hits 1bn users in one day

(ShareCast News) - Facebook revealed on Friday that more than 1bn people used the network on Monday, setting a new milestone in social media connectivity. 9 hours ago

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