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Markets

LSE Volume: 9,210 M
Avg Vol: 4,459 M +107%
Fallers
2,856
Unchanged 82
Risers
1,621

Global markets fall on reignited trade war fears

Global markets tumbled into the red following US President Donald Trump's decision to impose $50bn worth of tariffs on Chinese imports, reviving fears of a trade war.

Rolls-Royce says 4,600 job cuts will help save £400m a year

Rolls-Royce said it expected its recently-announced restructuring program, in which it would cut around 4,600 jobs, to save the engine maker £400m by the end of 2020.

Record profit falls 6.7% as new business focus squeezes margins

Currency manager Record booked a fall in annual profit after investment in new business opportunities shrunk margins.

CRH gets regulatory nod for $3.5bn Ash Grove Cement acquisition

CRH said it had received regulatory approval from the US Federal Trade Commission for its planned $3.5bn acquisition of US-based Ash Grove Cement.

BTG says FDA panel voted against Elevair

Specialist healthcare company BTG said Friday the US Food & Drug Administration refused to approve the company's Elevair endobronchial coil system for the treatment of people with severe emphysema.