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US industrial production edges past forecasts in May
US industrial production rose more quickly than expected last month, led by a jump in utilities output.
US retail sales rise past forecasts in May thanks to revisions
US retail sales rose more quickly than expected last month, amid upwards revisions to readings for the previous month.
Pernod Ricard buys majority stake in Kentucky-based Rabbit Hole Whiskey
France's Pernod Ricard has added Bourbon to its portfolio with the acquisition of a majority share in Kentucky-based Rabbit Hole Whiskey.
Broadcom warns on impact of trade uncertainty, Huawei restrictions
US chip maker Broadcom turned cautious on the outlook for the back half of 2019 on Thursday, citing the "continued geopolitical uncertainties" and the impact of export restrictions on one of its largest customers, presumably Chinese telecoms equipment manufacturer Huawei.
Europe open: Stocks dip amid weak Chinese data, tensions in Persian Gulf
Stocks are moving lower at the end of the week, weighed down by a spate of mixed readings for the Chinese economy in May and amid heightened tensions in the Persian Gulf.
Spain's Indra may bid for majority stake in Rolls-Royce's ITP Aero
Spanish information technologies outfit Indra has expressed an interest in acquiring a majority stake in ITP Aero from Rolls Royce.
Canada's CGI to buy Scisys in £78.9m deal
Scisys shares surged on Friday after Canadian IT services company CGI offered to buy the London-listed computer software services group for 254. 15p a share in cash.
Shell agrees to compensate 12,000 overcharged customers
Royal Dutch Shell has agreed to compensate roughly 12,000 customers after overcharging on its default tariffs after the UK's new price cap was introduced.
ShoreCap upgrades AO World to 'hold' after recent declines
Shore Capital upgraded its stance on AO World to 'hold' from 'sell' on Friday following recent share price declines.
Europe midday: Stocks down on geopolitical worries, tech and basic resources weakest
Stocks are moving lower at the end of the week, weighed down by a spate of mixed readings on the Chinese economy for the month of May and amid heightened tensions in the Persian Gulf.
Bayer set to invest €5bn in research for new weedkillers
Pharmaceutical company Bayer is set to invest €5bn (£4. 5 bn) in weedkiller research as if faces mounting litigation against its US arm over its Roundup pesticide which claimants allege causes cancer.
Mountfield rises as data centre demand boosts profits
Mountfield Group's shares climbed on Friday after the company reported double-digit annual profit and revenue growth on the back of higher demand from data centre and telecom customers.
RBC cuts 'fully valued' 3i Infrastructure to 'sector perform'
3i Infrastructure (3IN) deserves its premium rating but is fully valued, Royal Bank of Canada said as it downgraded the investment company to 'sector perform'.
Alpha Real Trust launches £29m share repurchase
Alpha Real Trust has offered to buy back almost one-quarter of its shares for about £29m after selling property assets.
Alumasc warns on profit as Levolux business mired with delays
Alumasc Group warned on Friday that annual underlying profit before tax will be 10-15% below prior expectations following a weaker second half performance at its solar shading and balconies business.
Frontier IP investee partners with Chinese biotech firm
Frontier IP's portfolio company Exscientia on Friday expanded its presence in Asia after it entered an AI drug discovery partnership with Shanghai-headquartered GT Apeiron Therapeutics.
US pre-open: Stocks look set decline as White House blames Iran for tanker attacks
Wall Street futures were pointing to losses ahead of the weekend as investors reacted to economic data out of China and tensions between the US and Iran following an attack on two oil tankers in the Gulf of Oman a day earlier.
London midday: Stocks extend losses on China data, Middle East tensions
London stocks had fallen further into the red by midday on Friday as weak Chinese data and Middle East tensions weighed on sentiment.
Asia report: Markets mixed as investors hold their breath over Gulf tensions
Markets in Asia were in a mixed state as they closed on Friday, as Middle East tensions took a front seat following attacks on two tankers in the Gulf of Oman.