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FTSE 250 movers: Investors cheer Future's bright outlook, WH Smith joins bounce in travel stocks
Future paced the bounce on the second-tier index after telling shareholders it still expected to meet its targets for the first half, thanks to solid trading up to 31 March and the specialist media and publishing company's diversification.
Covid-19: UK to guarantee wages for up to 3 months
The British government unveiled an income guarantee for workers affected by the coronavirus pandemic covering up to 80% of salaries in a socialist gamble unthinkable a week ago.
FTSE 100 movers: Travel stocks up, Meggitt and Polymetal follow
Stocks were higher again at the end of the week, with some investors apparently eyeing a possible opportunity to wade into the market, although many also remained wary.
Covid-19: UK orders pubs, restaurants, cinemas, gyms to shut from tonight
The UK government ordered all cafes, bars, pubs and restaurants to close from Friday night to stop people congregating and increasing the risks of spreading the coronavirus.
London close: Stocks manage to finish positive as pound rebounds
London stocks managed to finish just above the waterline on Friday, having slowly lost much of their earlier gains through the afternoon, as investors welcomed central bank intervention but continued to digest the tidal wave of Covid-19 profit warnings and dividend cancellations.
Glencore outlines its coronavirus precautions
Glencore updated the market on its operations on Friday, saying that its “scale and diversity” meant the impact of the Covid-19 coronavirus varied by location.
Anthony Levandowski pleads guilty to stealing Google trade secrets
Former Google employee Anthony Levandowski, pleaded guilty to one count of stealing trade secrets from the tech giant under a plea agreement reached with the US District Attorney.
US open: Stocks up as Fed acts again, Treasury pushes back tax deadline
Stocks on Wall Street started the session modestly higher as investors waited on news of Congress's fiscal stimulus package against the coronavirus pandemic.
American Airlines to use passenger planes for cargo flights to Europe
American Airlines announced on Friday that it would use passenger planes to fly cargo-only flights to Europe over the course of the next few days.
London pubs, restaurants, cinemas to be forced to close - Telegraph
London pubs, restaurants and cinemas will be told to close on Friday, according to the Telegraph.
Social distancing could be needed for most of 2020
Social distancing would need to be maintained during at least half of the year to stop intensive care units and the NHS from being overwhelmed by coronavirus cases, said government advisers.
Hotel Chocolat raises £22m in placing to combat Covid-19
Premium chocolatier Hotel Chocolat raised £22m in a share placing on Friday as it looks to combat a decline in footfall due to the Covid-19 outbreak.
Resolute Mining announces new $300m loan facility
Resolute Mining has executed documentation for a new flexible low-cost syndicated loan facility with a maximum limit of $300m, it announced on Friday.
Pan African operations continuing as it monitors Covid-19
Pan African Resources updated shareholders on Friday, saying that a range of awareness, risk mitigation and prevention strategies had been rolled out across its operations amid the escalating Covid-19 coronavirus pandemic.
Europe midday: Stocks hold onto gains as ECB vows more help
Stocks across the Continent are holding onto moderate gains heading into the weekend after the head of the European Central Bank said policy-makers in Frankfurt stood ready to ramp up asset purchases further and amid reports that Germany was preparing a large fund to help see firms through the coronavirus crisis.
Asda, Lidl to hire 7,500 workers to cope with coronavirus crisis
Asda, the UK unit of US supermarket giant Walmart, and German chain Lidl said they planned to hire more than 7,500 temporary employees who have been laid off elsewhere due to Covid-19.
Friday broker round-up
Bunzl: Credit Suisse downgrades to underperform with a target price of 1,195p.
Trans-Siberian Gold confident in face of coronavirus
Russian gold producer Trans-Siberian Gold updated the market on its operations and approach on Friday, amid the Covid-19 coronavirus pandemic.
Targeted, global coordination key to coronavirus response, says IMF
Economies around the world have some tough choices to make in the face of the Covid-19 coronavirus pandemic, if the experience of China is anything to go by, the International Monetary Fund (IMF) said on Friday.