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Chamberlin shares surge following 'major' contract wins
Casting and engineering group Chamberlin saw shares skyrocket in early trade after the firm announced the award of two new major contracts.
Providence Resources chief executive steps down
Ireland-based energy company Providence Resources announced on Friday that Tony O’Reilly has stepped down from the position of chief executive officer, and has resigned from the board with immediate effect.
Phoenix makes £3.2bn offer for Swiss Re's ReAssure Group
Phoenix Group Holdings said it had made a £3. 2bn cash and shares offer for Swiss Re's UK unit ReAssure Group.
Berkeley profits slide as Brexit woes hit property sales
Interim profits at Berkeley Group fell by a third as Brexit worries continued to plague the housing market, although the company said the fall was in line with forecasts.
Europe open: Markets rise as China waives tariffs, German data eyed
European stocks were higher on Friday morning after China dialled back some of its tariffs on US goods, while German factory data missed expectations.
Stonegate takeover of EI Group raises local concerns, CMA says
The Competition and Markets Authority said on Friday that Stonegate’s proposed £1. 3bn takeover of pub chain EI Group raises competition concerns at a local level.
Associated British Foods maintains outlook for decent growth
Associated British Foods reiterated its outlook for the new financial year on Friday, reporting that its AB Sugar division was set to “benefit materially” from the increase in EU sugar prices in the last year, and from further cost reductions.
London open: Stocks edge up as investors eye payrolls report
London stocks edged higher in early trade on Friday as investors awaited the release of the latest US non-farm payrolls report.
German industrial production falls in October
German industrial production unexpectedly fell in October, according to figures released by Destatis on Friday, reigniting fears about a recession.
Phoenix Group makes offer for ReAssure, Berkeley interim profit takes a tumble
London open The FTSE 100 is expected to open 13 points higher on Friday, having closed down 0. 7% at 7,137. 85 on Thursday.
London pre-open: Stocks to edge up ahead of payrolls
London stocks were set to edge higher at the open on Friday as investors awaited the release of the latest US non-farm payrolls report and continued to eye trade developments.
Friday newspaper round-up: Eddie Stobart, Uber, property funds, Saudi Aramco
The Eddie Stobart transport business, famed for its red and green lorries, is teetering on the brink of collapse with its future due to be decided at a key shareholder vote in London on Friday. The vote will pit William Stobart, the third son of the company’s founder, against his childhood friend and former brother-in-law, Andrew Tinkler. – Guardian.
US close: Markets finish positive amid focus on trade, impeachment
Wall Street trading finished positive on Thursday, as financial markets shrugged off the latest concerns around US-China trade relations, as well as ongoing impeachment proceedings against president Donald Trump.