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The FTSE 100 ended the week 138. 48 points higher, closing at 7,234. 03 on Friday.
London close: FTSE rises to 18-month highs as airlines take off
London stocks finished above water on Friday, as earnings optimism helped to offset concerns about inflation.
Hochschild exercises option to earn-in 60pc of Snip gold project
Hochschild Mining has exercised its option to start earning in to a 60% interest in the Snip gold project, it announced on Friday, held by TSX-listed Skeena Resources and located in the Golden Triangle and in Tahltan Territory in the Canadian province of British Columbia.
Power Metal reports two new anomalies at Walker Lane
Power Metal Resources announced the results from recently-completed satellite imagery analysis over the Garfield Property in the prolific Walker Lane mineral belt in Nevada on Friday, identifying two “strong anomalies”.
Newmark Security focusing on cash amid supply chain crunch
Electronic and physical security system supplier Newmark Security said it was in a positive position for the rest of the financial year on Friday, despite recent margin pressures and supply chain issues impacting the business.
Sensyne enters health data partnership with US-based OMNY
Clinical artificial intelligence (AI) company Sensyne Health announced a new strategic relationship with US-based data network company OMNY Health on Friday.
Learning Technologies completes £305m acquisition of GP Strategies
Digital learning and talent management software company Learning Technologies Group announced the successful acquisition of GP Strategies on Friday.
Zephyr Energy on track with Paradox Basin development
Rocky Mountains-focussed oil and gas company Zephyr Energy updated the market on its flagship project in Utah’s Paradox Basin on Friday, reporting that all equipment and materials required for hydraulic stimulation had been mobilised to the State 16-2LN-CC well pad.
Iofina production on track as iodine prices creep higher
Iodine explorer and producer Iofina produced 142. 7 metric tonnes of crystalline iodine from its five operating ‘IOsorb’ plants in Oklahoma in the third quarter, it said on Friday.
Amazon appeals European data misuse mega-fine
Amazon appealed a record fine handed down to the online commerce giant by the European privacy watchdog on Friday, after it was found to have broken data protection rules.
Silence Therapeutics inks collaboration deal with Hansoh Pharmaceutical
Silence Therapeutics announced a collaboration with Hansoh Pharmaceutical Group on Friday, to develop short interfering ribonucleic acids (siRNAs) for three undisclosed targets, leveraging its proprietary ‘mRNAi GOLD’ platform.
MP Evans completes sale of remaining Malaysia land
MP Evans announced the completion of its disposal of Bertam Estate, comprising 70 hectares of land near Penang Island in Malaysia, for $24m (£17. 45m) on Friday.
Asia report: Chipmakers march ahead as markets turn green
Markets were higher across the Asia-Pacific region on Friday, with Hong Kong returning from two days off, and Taiwan’s main board leading the gains.
AstraZeneca reports latest positive results from Imfinzi trials
AstraZeneca said on Friday that positive high-level results from the ‘HIMALAYA’ phase 3 trial showed a single, high priming dose of tremelimumab added to ‘Imfinzi’, or durvalumab. demonstrated a statistically-significant and clinically meaningful overall survival (OS) benefit for carcinomas associated with liver cancer.
Pearson revenues rise, AstraZeneca upbeat on latest Imfinzi results
The FTSE 100 is expected to open 19 points higher on Friday, having closed up 0. 92% at 7,207. 71 on Thursday.
US close: Stocks leap higher on raft of corporate earnings
Wall Street stocks closed well above the waterline on Thursday, as investors digested more quarterly earnings and the Labor Department's weekly jobless claims report.
London close: Mining plays take FTSE near 19-month highs
London stocks closed in positive territory on Thursday as concerns about inflation eased, with miners pacing the advance.
Invinity energises first phase battery cluster at Energy Superhub Oxford
Vanadium-flow battery technology company Invinity Energy Systems announced on Thursday that the 1. 7 MWh first phase of the flow battery at the Energy Superhub Oxford (ESO) project was now installed and energised.
Tertiary upbeat on extensions to North Ruth silver
Tertiary Minerals updated the market on its Pyramid silver-gold Project in Nevada on Thursday, where analytical results from its recently-completed second phase trenching had extended the strike and width of recently-discovered silver mineralisation at North Ruth.
Trinity maintains production as it prepares for further development
Trinidad and Tobago-focussed exploration and production company Trinity reported average production volumes of 3,018 barrels of oil per day in its third quarter on Thursday.