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Numis looks past challenges at Tongon, reiterates 'buy' on Randgold Resources
Analysts at Numis reiterated their 'buy' recommendation and 9000p target price on Randgold Resources's shares despite its third quarter earnings 'miss' on the back of higher costs and lower gold sold as a proportion of output.
Commodities: Gold slumps on firmer dollar
Precious metal gold fell to a 1 week low on Friday following the release of positive services and unemployment data for the US, helping push the dollar index up 0. 31% to 94. 975.
Europe close: Stocks mostly higher, except on the euro area periphery
European stocks finished on a higher note following the release of the US jobs report for October, at least outside of the periphery.
FX round-up: Manufacturing and services data bolster greenback, sterling rebounds on services PMI
Friday saw a slew of economic data released for the US, including the non farm payroll, unemployment rate and services PMI.
London close: FTSE slightly higher on services PMI as pound free fall stalls
London stocks closed marginally higher on Friday as the market was driven by tight correlation with the pound, which itself rebounded off strong services sector data.
Week ahead: Spotlight to shift back towards Asia
The market spotlight will shift back towards Asia this week, with Chinese foreign trade data for October due out on Wednesday, followed by fresh figures on the rate of growth of credit in Asia's largest economy on Friday.
Twitter to investigate after employee shuts down Trump account
US President Donald Trump saw his Twitter account shut down temporarily after an employee at the tech firm engaged in a minor act of sabotage on Thursday.
FTSE 250 movers: BTG gains on results anticipation, Just Eat upgraded
London's FTSE 250 was mostly on the up on Friday as the mid-cap stock index was led by BTG and Just Eat.
Director dealings: SM Trust sells shares in Just Eat near 52-week high
SM Trust, where one of the Just Eat's non-executive directors, Frederic Coorevits, helps manage a portfolio of investments centred on e-commerce and cloud computing, sold a large batch of shares in Just Eat on 2 November.
Ortac pleased with gold assay results from Casa
Ortac Resources announced on Friday that Casa Mining, in which it holds an effective 45% economic stake, has reported “significant” new gold assay results from the expansion and infill drill programme currently underway at the Akyanga gold deposit in the Democratic Republic of the Congo.
Mercantile completes 'key milestone' at Mumbai port project
Mercantile Ports & Logistics announced on Friday that it has reached a “key milestone” as it develops its modern port and logistics facility in Mumbai, having driven the last of the 248 piles required for the 400 meters of jetty.
FTSE 100 movers: BT, banks and miners weigh, NMC target lifted
London's FTSE 100 index looked to be finishing the week in the red, with miners, banks and BT Group leading the retreat, until a late surge.
Brexit secretary Davis to consider option for Britons to retain EU citizenship
David Davis has said he would consider a Brexit clause which would allow UK citizens to retain their European citizenship.
US non-farm payrolls rise more than expected in October, wages weak
US non-farm payrolls increased by 261,000 in October, according to the Department of Labor.
Messaging service WhatsApp suffers major outage
Facebook-owned messaging service WhatsApp suffered a major outage on Friday morning, preventing millions of users across the globe from using the app for around half-an-hour.
US open: Wall Street mixed after October jobs report
Wall Street appears headed for a mixed close going into the weekend following the release of a somewhat underwhelming US jobs report for October.
H&T flags above-expectations profit performance
H&T issued a short statement updating the market on its trading on Friday, confirming that the “strong” trading performance of the first half of the year has been maintained.
Capita halves debt as asset services sale completes
Capita has completed the £888m sale of its asset services businesses, which will allow the government outsourcer to roughly halve its net debt.
Total Produce bites off 50pc chunk of The Fresh Connection
Fresh produce company Total Produce has acquired a 50% equity stake in California-based The Fresh Connection, it announced on Friday.