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Europe midday: Shares continue to rally on Meggitt, Adidas news
European shares nudged record levels on Friday, boosted by strong US markets, an upbeat outlook from sportswear maker Adidas and reports that UK aerospace engineer Meggitt could be a takeover target.
IAG cautious on Q2 capacity after €1bn first quarter loss
British Airways owner IAG reported a first quarter operating loss of €1. 06bn and pulled full-year guidance as the Covid pandemic continued to batter the airline industry.
Europe open: Shares hit record highs on Meggitt takeover talk
European shares hit record levels at the opening on Friday, boosted by strong US markets, an upbeat outlook from sportswear maker Adidas and reports that UK aerospace engineer Meggitt could be a takeover target.
Syncona's Gyroscope Therapeutics postpones IPO
Syncona portfolio company Gyroscope Therapeutics Holdings has postponed plans for its initial public offering in light of current market conditions, the healthcare firm said on Friday.