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Rising Covid-19 positivity rates in US may require restrictions in large-population states
Covid-19 test positivity is increasing rapidly and may necessitate that most large-population states impose more severe restrictions, a top-ranked US economist said.
Perlego seeking £20m funding boost for textbook platform
British technology outfit, Perlego, is seeking to raise £20m for its new platform dubbed the 'Spotify for textbooks' following a spike in demand during the pandemic.
US final demand prices edge past forecasts in October
Wholesale prices in the US edged up a bit more quickly than anticipated last month, lifted by a big jump in food prices.
Ghosn sued for $95m by Nissan
Former Nissan Motor chairman Carlos Ghosn was sued by the company for $95m in damages on Friday.
Trump administration delays TikTok ban
The Trump administration announced overnight that it would delay the enforcement of the ban on TikTok which was due to take effect from Thursday.
Ticketmaster fined £1.25m over customer data breach in 2018
The Information Commissioner’s Office fined Ticketmaster £1. 25m for losing over a million British customers’ personal payment card details in 2018.
Chaarat maintains expectations as Armenia hostilities cease
Mining company Chaarat Gold updated the market on the current situation in Armenia on Friday, where it has an operating mine.
Byotrol trading at 'healthy' levels as demand increases
Infection prevention and control technology company Byotrol said on Friday that trading remained at “healthy” levels across all business units and product sales.
US pre-open: Stocks poised to open higher
Wall Street futures had stocks opening higher ahead of the bell on Friday as market participants were again optimistic about the future for stocks linked to the reopening of the economy.
Eurozone Q3 GDP revised down a touch
Eurozone GDP grew a touch less than initially estimated in the third quarter, according to figures released by Eurostat on Friday.
London midday: Stocks in the red as vaccine optimism fades
London stocks were still a little weaker by midday on Friday as optimism over a Covid-19 vaccine was replaced with concerns about rising cases.
FCA issues warning notice to former Carillion executives
UK watchdog the Financial Conduct Authority has issued Carillion and certain previous directors with a warning notice following what it branded as "reckless" behaviour.
Europe midday: Shares crawl higher on US futures
European shares rebounded into the green at lunch on Friday on the back of higher US futures as investors look for positive news amid the rising number of coronavirus cases.
Touchstone narrows losses, prioritises Ortoire project
Petroleum and natural gas investor Touchstone Exploration said on Friday that third-quarter losses had narrowed as the group began to prioritise investment on its Ortoire project in Trinidad and Tobago after seeing it top expectations.
Nakama warns of possible cash crisis amid tough trading
UK and Asia-focussed technology recruitment consultancy Nakama updated the market on its trading on Friday, reporting that Covid-19 had an “immediate and significant” impact on its activities.
First half revenue, earnings fall at Bilby
Gas heating, electrical and building services provider Bilby updated the market on its trading on Friday, reporting that despite the challenges of Covid-19, it delivered a “robust” performance in the six months ended 30 September.
Gemfields begins sale process for holding in Ivy Lane
Gemfields Group has begun a sale process for its 23. 65% equity holding in Pallinghurst Ivy Lane Capital, a company incorporated in Luxembourg, it announced on Friday.
Vast Resources increases exploration target at Baita Plai
Vast Resources announced an increase to the exploration target for its Baita Plai Polymetallic Mine in Romania on Friday.
Asia report: Markets mixed as investors take a breather
Markets in Asia finished in a mixed state on Friday, as investors climbed down from the vaccine-fuelled enthusiasm that underpinned trading earlier in the week.