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European shares were weaker at midday on Monday, as the UK lifted more Covid-19 pandemic restrictions, despite woories about the India variant of the virus.
Ryanair on Monday reported a better-than-expected annual loss of €815m due to the Covid-19 pandemic, but added there were signs the recovery had begun and it hoped to break even this year.
European shares made a nervous start to the week, as wary investors watched the latest stage of Britain’s path out of the Covid-19 pandemic, tempered by rising cases of the India variant.
UK energy infrastructure company National Grid said it had filed a joint proposal for a three-year rate settlement for its New York gas distribution businesses.
European shares edged ahead at the opening on Friday after a more positive session overnight on Wall Street, although inflationary fears persisted.
European shares edged ahead at the opening on Friday after a more positive session overnight on Wall Street.
Crest Nicholson said it it was selling its 50% interest in the Longcross film studio to joint venture partner Aviva.
Private equity firm Cinven said its approach to fund administration services provider Sanne about a possible takeover at 830p a share had been rejected.
European shares continued their retreat on Thursday as a rapid rise in US inflation and falling commodities prices hammered sentiment.
UK telecoms operator BT said it was extending its full-fibre broadband network to 25m premises by the end of 2026, and would aim to fund the 5m extra premises through a joint venture.
Rolls-Royce engines flew at 40% of 2019 levels in the first four months of this year as the company said it expected to turn cash-flow positive in the second half as airline travel recovered from the Covid pandemic.
European shares started Thursday on the back foot as a rapid rise in US inflation confirmed recent investor fears.
Music rights fund Hipgnosis said it had bought a catalogue from Grammy Award-winning producer, mixer and engineer, Andy Wallace for an undisclosed sum.
Infrastructure company Balfour Beatty on Thursday said its earnings-based businesses were on track to deliver underlying profit from operations of £172m for 2021, in line with 2019.
European stocks extended gains at midday on Wednesday as investors eyed positive corporate earnings despite continuing worries about higher inflation.
Increased passenger numbers helped bus operator National Express report better trading across all its markets last month as Covid lockdown restrictions eased.
Catering giant Compass said it expected a gradual recovery in third quarter margins after interim profits and revenue slumped due to the coronavirus pandemic.
European stocks edged ahead at the opening on Wednesday after the previous session's selloff as investors eyed positive corporate earnings despite continuing worries about higher inflation.
Media platform Future said it had bought Marie Claire US, a joint venture between Marie Claire Album SAS and Hearst Magazines Media, for an undisclosed sum.
Spirax‐Sarco Engineering said margins in the four months to April 30 were higher than expected after a rise in sales.