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Asda refinances £3 2bn of debt - Sharecast com

Asda said on Friday that it has successfully refinanced more than £3.2bn of its debt, pushing out the majority of its maturities into the next decade.

Tekmar sells Subsea Innovation in £1 9m deal

Tekmar Group announced the sale of Subsea Innovation (SIL) to Unique Group on Friday, through its subsidiary Unique System UK, for a total cash consideration of £1.9m.

London close: Stocks rise as US payrolls come in weaker

London markets closed positively on Friday, as investors digested slower-than-expected payrolls growth in the US, while Anglo American jumped amid anticipation of a potential bidding war for the mining giant.

Standard Chartered posts jump in Q1 profits

Standard Chartered backed its full-year guidance on Thursday and posted a jump in first-quarter profit as it continued to benefit from higher interest rates.

London open: Stocks rise as StanChart, Smurfit rally

London stocks rose in early trade on Thursday, helped along by solid performances from the likes of Standard Chartered and Smurfit Kappa, as investors mulled the latest policy announcement from the Federal Reserve.

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