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Chesnara buys portfolio of life and savings policies
Life and pensions company Chesnara has acquired a portfolio of term life and savings policies from the Dutch branch of Belgian-owned Argenta Bank-en Verzekeringsgroep.
Galantas Gold shares tumble as loss widens, blasting restrictions bite
Shares in Galantas Gold dived on Friday as it reported a widened third-quarter loss and said blasting restrictions in Northern Ireland have begun to significantly drain its financial resources.
Nationwide interim profit slumps 33%
Nationwide posted a 33% slump in interim profit on Friday as it took a hit from payment protection insurance claims.
Hochschild Mining on track for 2019; cuts Pallancata forecasts
Hochschild Mining said it was “firmly” on track to meet 2019 output guidance, but cut 2020 production forecasts for its Pallancata operation due to permit issues.
Live Company expands Nickelodeon and zoo-based partnerships
Live Company Group has reached an agreement for the expansion of the territories in which it can produce and exhibit themed tours associated with the Nickelodeon brand, including Nick Jr, as well as an update on its ‘BRICKLIVE Zoo’ programme on Friday.
SDX Energy revenues slip as it continues development strategy
Middle East and North Africa-focussed oil and gas company SDX Energy released its third quarter financial and operating results on Friday, reporting that production for the nine months ended 30 September increased to 3,501 barrels of oil equivalent per day net to SDX, compared with 3,455 barrels per day for the same period in 2018.
Ariana Resources sees record revenue at Kiziltepe in third quarter
Turkey-focussed exploration and development company Ariana Resources updated the market on the quarter ended 30 September at its Kiziltepe Mine on Friday.
Europe open: Markets higher after Xi's trade optimism, PMIs in focus
European stocks were higher on Friday morning as investors' trade war worries were alleviated by comments from Chinese President Xi Jinping.
Science in Sport to report 'small' full-year loss
Sports nutrition business Science in Sport said on Friday that it now expects to record a "small" underlying loss for the full year despite sales growth being projected to come in "slightly ahead" of expectations.
Playtech issues profit warning as TradeTech struggles
Playtech warned on profits on Friday as it highlighted "challenging" conditions in its financial trading division, TradeTech.
London open: Stocks recover ahead of manufacturing, services PMIs
London stocks rose in early trade on Friday, recovering from losses in the previous session as investors eyed readings on the UK manufacturing and services sectors and continued to keep an eye on trade developments.
Mark Allan confirmed as next Land Securities CEO
Land Securities Group announced on Friday that Mark Allan is to be appointed as its next chief executive officer.
Germany avoids recession in third quarter
The German economy avoided a recession in the third quarter, data released by Destatis confirmed on Friday.
Coats Group ekes out full-year sales growth, Playtech warns on earnings
London open The FTSE 100 is expected to open 32 points higher on Friday, having closed down 0. 33% at 7,238. 55 on Thursday.
Friday newspaper round-up: Stamp duty, WeWork, Wetherspoons boss
The Conservatives would force overseas homebuyers to pay extra stamp duty in an election pledge that effectively blames foreign purchasers for inflating property prices. The party has unveiled plans for a 3% stamp duty surcharge for non-UK tax residents which would apply to companies as well as individuals – and also to expats wanting to move back home. It said as many as one in eight new London homes were bought by non-residents in 2014-16. – Guardian.
London pre-open: Stocks seen higher ahead of PMIs
London stocks were set to rise on Friday following losses in the previous session as investors eyed readings on the UK manufacturing and services sectors and continued to keep an eye on trade developments.
Coats group reports 1% rise in sales
Thread maker Coats Group on Friday said sales grew 1% in the year to October, driven by growth in both its apparel and footwear and and performance materials units.
Rightmove appoints Andrew Fisher as chairman
Online real estate agent Rightmove said it had appointed Andrew Fisher as non-executive chairman with effect from January 1, 2020.
US close: Stocks end session lower as trade remains in focus
US stocks closed lower on Thursday as trade headlines continued to stream in.
Vice president of the ECB: 'Monetary policy is not almighty we need others to act
Luis de Guindos, Vice President of the European Central Bank (ECB), re-alerted of the limits of monetary policy on Thursday evening as he attended the 20th anniversary of Spanish media outlet Bolsamanía.