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Week ahead: Brexit, IMF/World Bank annual meetings
Financial markets' attention over the coming week will be on what is being billed as a potentially make-or-break week for Brexit negotiations.
Europe close: US stimulus talks buoy shares
European stockmarkets were mostly higher on Friday with investors encouraged by warm words from the White House on a new stimulus package.
FTSE 250 movers: Gains for miners offset drag from drop in airlines
Precious metals miners paced the advance on the second-tier index with Hochschild Mining one of the best performing issues during the session, alongside Egypt-focused Centamin.
FTSE 100 movers: Miners and Big Oil pace gains
Rolls Royce shares topped the leaderboard for London's top-flight index on Friday and ahead of the long weekend stateside, extending their recent rally from bombed-out levels.
London close: Stocks finish higher as Trump changes tack on stimulus
Stocks in London finished in the green on Friday, after the Trump administration in the US changed tack overnight, voicing support for a broad stimulus package for the economy.
HSBC targets net zero emissions by 2050 with $1trn in financing
HSBC is set to target net zero carbon emissions by 2050 at the latest and is expected to provide between $750bn and $1trn in financing to help clients make the change.
UN World Food Programme wins Nobel peace prize
The UN’s World Food Programme was awarded the nobel peace prize this year for its efforts to combat famine around the world and improve conditions for peace in wartorn areas.
New Covid rules for north of England not effective - Sage
Members of the Scientific Advisory Group for Emergencies said on Friday that the new planned restrictions for the north of England are not effective enough.
Jefferies says price paid to LSE Group for Borsa Italiana 'reasonable'
Analysts at Jefferies sounded a positive note on Euronext's acquisition of Borsa Italiana from the London Stock Exchange Group, highlighting both the price paid and the strategic rationale behind the transaction.
Premier Miton reports decent fourth quarter progress
Premier Miton Group updated the market on its unaudited statement of assets under management for the fourth quarter on Friday, reporting closing assets under management of £10. 6bn at 30 September, up from £10. 3bn on 30 June.
Diurnal raising up to £10m in placing and open offer
Speciality pharmaceuticals company Diurnal Group announced a proposed conditional placing with institutional investors to raise up to £8m before expenses on Friday, at a price of 60p per share, and an open offer to raise up to a further £2m.
Broker tips: Rolls-Royce, Spirent Communications
Analysts at Berenberg slightly lowered their target price on aerospace and defence giant Rolls-Royce from 270. 0p to 250. 0p on Friday ahead go the group's £5. 0bn "reset".
RUA Life Sciences shares rise on vascular graft progress
Medical devices company RUA Life Sciences announced on Friday that its subsidiary RUA Vascular, which is developing ‘Elast-Eon’ sealed vascular grafts and cardiac and vascular patches, had made further progress on both the regulatory and commercial pathways towards product launch.
Director dealings: Anpario finance director lowers stake
Anpario revealed on Friday that group finance director Karen Prior had disposed of 56,064 ordinary shares in the AIM-listed animal health and nutrition group.
Ovoca Bio appoints new chief business officer
Women’s health-focussed biopharmaceuticals company Ovoca Bio announced the appointment of Christopher Wiltshire as its chief business officer and executive director of the board on Friday, effective immediately.
US open: Stocks record early gains as investors await update on stimulus talks
Wall Street stocks opened higher on Friday as market participants continued to wait for details regarding a new potential stimulus bill.
Edinburgh Wooden Mill on brink of administration
Edinburgh Woollen Mill is on the brink of administration putting about 24,000 jobs at risk, according to reports.
Star Phoenix further reduces costs in oilfield services business
Oil, gas and oilfield services company Star Phoenix updated the market on its oilfield services operations on Friday, reporting that it had further cut the ongoing costs of its RRDSL division in light of the Covid-19 pandemic.
Steppe Cement revenue rises as it focuses on price over volume
Kazakhstan-focussed cement company Steppe Cement reported third quarter revenue of KZT 11. 11bn (£20. 1m) on Friday, which was 5% higher than the same quarter in 2019.