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Shoppers return as non-essential retail re-opens - BRC
Shoppers are returning to UK high streets as lockdown measures ease and non-essential retail reopens, industry data showed on Friday.
Friday preview: US non-farm payrolls, IAG in the spotlight
All eyes at the end of the week will be on the all-important US non-farm payrolls report for the month of April.
Europe close: Stocks carve out small gains buoyed by results and data
European markets finished mostly higher as investors cheered strong earnings from Societe Generale and others.
London close: Stocks finish firmer on Bank of England optimism
London stocks closed in the green on Thursday, after the Bank of England sated market expectations by standing pat on monetary policy.
Broker tips: Pearson, Flutter Entertainment, ConvaTec
Pearson rallied on Thursday as Exane BNP Paribas upgraded its stance on shares of the education publisher to ‘outperform’ and hiked the price target to 950. 0p from 700. 0p.
Director dealings: Photo-Me CEO raises stake via Tibergest interest
Photo-me International revealed on Thursday that Tibergest, an entity closely associated with chief executive Serge Crasnianski, had acquired 3. 0m new ordinary shares in the London-listed photo booth operator.
Bahamas Petroleum Company preparing to drill Saffron 2
Caribbean and Atlantic margin-focussed oil and gas producer Bahamas Petroleum Company updated the market on upcoming drilling of the Saffron #2 well in Trinidad and Tobago on Thursday, reporting that rig mobilisation to the field would begin on 9 May, targeting the start of Saffron-2 drilling on or around 23 May.
US labour productivity growth beats forecasts in the first quarter
Labour productivity in the US rebounded more sharply than expected at the start of 2020.
FTSE 250 movers: John Laing rallies on takeover talks; Trainline slumps
London’s FTSE 250 was up 0. 3% at 22,454. 26 in afternoon trade on Thursday.
Nio expands to Europe and plans to deliver cars in Norway in September
Chinese electric car start-up Nio announced plans to start deliveries in Norway in September, marking its first foray outside of its home market.
Allergy Therapeutics completes treatment in G309 field study
Commercial biotechnology company Allergy Therapeutics announced the completion of the treatment of all patients in its ‘G309’ exploratory field study to evaluate the efficacy and safety of Grass MATA MPL in subjects with seasonal allergic rhinitis or rhinoconjunctivitis, induced by grass pollen.
John Laing confirms takeover talks with KKR, shares surge
Shares of infrastructure investor John Laing shot higher on Thursday as it confirmed it is in talks with private equity firm KKR about a possible offer for the company.
Thursday broker round-up
National Grid: Berenberg upgrades to buy with a target price of 1,100p.
US open: Stocks trade lower following Dow Jones' fresh record close
Wall Street stocks opened lower on Thursday after the Dow Jones closed at a fresh record in the previous session.
FTSE 100 movers: Pearson boosted by upgrade; Mondi retreats
London’s FTSE 100 was steady at 7,039. 28 in afternoon trade on Thursday as investors mulled the latest policy announcement from the Bank of England.
Bacanora Lithium surges on takeover approach from shareholder Gafeng
Mining company Bacanora Lithium said on Thursday that it has received a takeover approach from major shareholder Gafeng, sending the shares sharply higher.
Rockfire Resources raises £0.85m to fund drilling programmes
Gold and base metal exploration and development company Rockfire Resources has successfully completed a placing of new shares, it announced on Thursday, raising gross proceeds of £0. 85m, to fund a number of inaugural drilling programmes at the Copper Dome and Copperhead projects, as well as ongoing drilling at the Plateau Gold Deposit.
European Metals Holdings upbeat on latest development
European Metals Holdings announced on Thursday that the Cinovec Project company Geomet has submitted the documentation related to the initial environmental impact assessment notification to the Czech Ministry of the Environment.
Harvest Minerals gets approval for smaller KP Fertil bags
Remineraliser producer Harvest Minerals announced on Thursday that its direct-application natural remineraliser ‘KP Fértil can now been sold in “small” 25 kilogram bags, following approval from Brazil’s Ministry of Agriculture, Livestock, and Food Supply (MAPA), further expanding its marketing channels.
TUI to offer holidaymakers cheap Covid tests
Tour operator Tui is to offer cheap Covid tests for customers travelling to green list countries this summer.