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Europe close: Stocks end week on a high note
European shares finished the Friday session in the black as Asia and Wall Street provided initial support before solid corporate earnings provided extra impetus.
Greencoat Renewables winds up purchase of wind farm
Irish renewable infrastructure company Greencoat Renewables announced on Friday that it has acquired a 9. 2MW wind farm for €22. 5m.
Director dealings: Beazley directors cash in £5.4m of shares
Multiple directors over at insurance firm Beazley disposed of shares on Friday, just two days after the London-based company had its 'overweight' rating reaffirmed by analysts at Numis.
Cleaning and hygiene products contribute as much as cars to air pollution, study finds
A study has found that half of the the air-polluting particles, volatile organic compounds (VOCs), in industrialized cities come from domestic cleaning and hygiene products, even as car-derived emissions decrease due to stricter government controls.
London close: Stocks end higher, tracking early gains on Wall Street
London stocks finished near their best level of the session on Friday, boosted by better-than-expected economic data in the States and as the pound slipped back below $1. 41, albeit following disappointing retail sales data at home.
Acacia Mining in talks with Chinese investors over possible asset sale
Acacia Mining has begun talks about potentially selling a stake in some or all of its Tanzanian gold mining operations.
Broker tips: Sky, WPP, Standard Life Aberdeen
Bernstein upgraded Standard Life Aberdeen to 'outperform' from 'market perform' following the selloff in the previous session and on the back of year-to-date weakness in the stock, but cut its price target to 430p from 460p.
Week ahead: UK wages, Fed minutes, bank results
Wednesday will be the big day next week, with UK labour market data, initial Eurozone purchasing managers' surveys and Federal Reserve minutes, with bank results the key theme on the London corporate calendar.
Market buzz: FTSE adds 200 points over week, dollar facing 'volatile weeks'
1635: The FTSE 100 closed 59. 89 points or 0. 83% higher at 7,294. 70 on Friday, adding 202. 5 or 2. 9% over the week. The pound is off it's lows from earlier in the afternoon, but still down 0. 3% against the dollar at 1. 4055 but up 0. 2% on the euro at 1. 1294.
US open: Stocks start slightly higher, Nasdaq set for best week since 2011
Wall Street kicked-off the Friday session in good form, with investors seemingly setting aside their concerns about rising inflation and higher interest rates and stocks on track to extend their win streak into a sixth day.
Kraft Heinz falls short on fourth quarter sales targets as US demand dwindles
Ketchup maker Kraft Heinz posted declining organic sales in its fourth-quarter report card on Friday, saying demand for its products had weakened across the US.
Milestone provides update on settlement agreement for failed placing
Milestone Group stated on Friday that City of London Markets failed to make a payment as per the compromise agreement between the two entities.
Oxfam set to reform "porous system" that allowed sex offenders into organization
Oxfam says it will act on past and present allegations of exploitation and sexual harassment by staff in response to recent revelations of sexual misconduct.
Bernstein upgrades Standard Life Aberdeen, says selloff is 'overreaction'
Bernstein upgraded Standard Life Aberdeen to 'outperform' from 'market perform' following the selloff in the previous session and on the back of year-to-date weakness in the stock, but cut its price target to 430p from 460p.
Tesco shuts Cardiff call centre, cutting 1,100 jobs
Tesco will close its Cardiff call centre will close on Friday with the loss of 1,100 jobs despite the efforts of unions to reverse the decision.
More than 420,000 UK homes remain unbuilt despite planning permission being granted
The amount of unbuilt homes, despite having received planning permission, has risen exponentially in the last twelve months, according to data collated by the Local Government Association, with more than 420,000 waiting to be built despite the UK suffering a chronic housing shortage.
Friday broker round-up
Sky plc: RBC downgrades to sector perform with a target price of 1,150p.
Churchill claims "unfair arbitration" in Indonesia legal battle
Churchill Mining updated the market on Friday on the progress made in its attempts to annul an international tribunal’s award against it.
BCC warns of recruitment crisis unless immigration rules agreed
British businesses were facing growing difficulties recruiting staff as immigration levels dropped, the head of the British Chambers of Commerce said on Friday.
Trading Emissions increases price of Italian solar sale
Trading Emissions is set to net €8. 64m from the sale of its remaining solar operating subsidiary, Solar Energy Italia 1, on Friday.