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UK and EU open separate competition probes against Facebook
Facebook faces two separate probes from the UK and EU regulators which both opened investigations over alleged monopolistic behaviour in its use of advertising data.
Week ahead: UK lockdown restrictions, China/US CPI in focus
Investors' focus over the coming week will be firmly on whether the UK government decides to move ahead with lifting the last Covid-19 restrictions on 21 June as planned.
Europe close: Stocks end week on a positive note despite US jobs report
European shares finished the week on an up note despite the release of a mixed US jobs report, while travel stocks suffered after the UK government's decision to expand its list of "red" countries that require a quarantine on return to Britain.
TikTok allows itself to collect biometric data on US users
A change to TikTok’s US privacy policy on Wednesday introduced a new section that allows the app to collect biometric data on US users.
London close: Stocks squeeze out gains as US payrolls miss forecasts
London stocks managed to break into positive territory by the close on Friday, with investors digesting fresh jobs data out of the United States, while travel plays remained under after the government’s latest announcement.
Weekly review
The FTSE 100 ended the week 46. 43 points higher, closing at 7,069. 04 on Friday.
SoftBank invests up to $150m into Mexican platform GBM
SoftBank has invested in Grupo Bursátil Mexicano (GBM) up to $150m, the Mexican company announced on Friday.
Olympics sponsors call for delay in Games to allow for more spectators
Top Japanese sponsors of the Tokyo Olympics are calling privately for the Games to be postponed for several months in an attempt to allow more spectators in.
UK approves Pfizer-BioNTech Covid-19 vaccine shot for use in 12-15 year olds
Britain has approved the Covid-19 vaccine jointly developed by Pfizer-BioNTech for use in children ages 12 to 15.
Broker tips: Johnson Matthey, Segro
Analysts at Berenberg raised their target price on diversified chemicals group Johnson Matthey from 3,700. 0p to 3,800. 0p on Friday, stating the group was in the throes of a "metamorphosis".
FTSE 250 movers: CMC Markets rallies; airlines fly lower
London’s FTSE 250 was up 0. 1% at 22,829. 23 in afternoon trade on Friday.
Citi raises target price on Segro
Analysts at Citi raised their target price on real estate investment trust Segro from 1,090. 0p to 1,342. 0p on Friday, citing multiple long-term opportunities.
Wishbone works programme approved for Cottesloe project
Wishbone Gold announced on Friday that its initial programme of works for the Cottesloe Silver Project has been approved by the Western Australian Government's Department of Mines, Industry Regulation and Safety (DMIRS).
FTSE 100 movers: Ocado on the rise; Pershing Square falls
London’s FTSE 100 was down 0. 1% at 7,057. 55 in afternoon trade on Friday, largely shrugging off a disappointing US non-farm payrolls report.
US open: Stocks trade higher following May's nonfarm payrolls report
Wall Street stocks traded higher early on Friday as traders thumbed over May's key jobs report from the Labor Department boosted confidence in America's economic comeback.
Manx Financial gets FCA go-ahead for debt collection subsidiary
Financial services company Manx Financial Group has obtained a variation of permissions from the Financial Conduct Authority (FCA) for its wholly-owned subsidiary, Manx Collections (MCL), to manage and collect debt on behalf of third-party lenders operating in the UK.
US non-farm payrolls bounce back by a bit less than expected in May
Hiring in the US bounced back by a bit less than expected last month, led by a jump in leisure and hospitality as the economy continued to reopen.
White House rows back on push to reverse 2017 tax cuts
The White House rowed back on its push to reverse the 2017 tax cuts approved by Donald Trump in a bid to win the backing of the Republican party for President Joe Biden's proposed $1. 0trn infrastructure package.
Challenger Energy makes positive progress on Saffron-2
Caribbean and Atlantic margin-focussed oil and gas company Challenger Energy updated the market on progress at the Saffron-2 appraisal well on Friday, which was drilled at the Saffron project in the South-West Peninsula of Trinidad.