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Jupiter Fund Management profits rise as AUM hit record high
Jupiter Fund Management reported a jump in first-half profit on Friday as assets under management (AUM) hit a record high.
Glencore copper and zinc production in line with forecasts
Glencore said on Friday that own-sourced copper and cobalt production was 598,000 tonnes and 14,800 tonnes in its first half, respectively, “modestly higher” than the first half of 2020 at 2% and 3% growth.
London open: Stocks fall on weak Asian cues; IAG flies lower after results
London stocks fell in early trade on Friday, taking their cue from a weak session in Asia.
GCP Infrastructure makes amendment to revolving credit arrangements
Investment firm GCP Infrastructure said on Friday that it has amended its existing revolving credit arrangements.
Babcock hit by £2bn impairment charge, losses widen
Babcock said on Friday that full-year losses widened after a review of its contracts and balance sheet led to a hefty impairment charge, sending shares in the defence company tumbling.
Aveva makes 'good start' to trading year
Information technology firm Aveva said on Friday that it had made a "good start" to its 2022 trading year.
Europe open: Shares down after Asia markets fall
European stocks opened in the red on Friday as Asian markets fell on continuing worries over Chinese regulation of tech stocks.
Paragon reports rise in mortgage lending as housing boom continues
Paragon Banking reported a rise in mortgage lending as the UK house buying boom continued.
Rightmove profits, revenue jump in first half
Property portal Rightmove reported a jump in interim pre-tax profit and revenue on Thursday amid strong demand from househunters.
IMI lifts guidance after strong rise in H1 profits
Engineering firm IMI lifted full-year earnings guidance after a strong rise in interim profits.
IAG first-half losses narrow, capacity set to grow
British Airways and Iberia parent IAG posted a narrowing of its first-half operating losses on Friday and said capacity was set to grow, but did not provide any annual guidance due to Covid uncertainty.
Cineworld secures $200m in incremental loans
Cineworld on Friday said it had secured $200m of incremental loans maturing in May 2024 from a group of existing lenders, as the cinema chain owner looked to take advantage of pent-up demand after the lifting of Covid restrictions.
NatWest resumes dividend payments, Glencore production rises 'modestly'
London open The FTSE 100 is expected to open 54 points lower on Friday, having closed up 0. 88% at 7,078. 42 on Thursday.
London pre-open: Stocks seen lower on weak Asian cues
London stocks were set to fall at the open on Friday following a weak session in Asia.
Friday newspaper round-up: Deliveries, Amazon, Morrisons
More than 5 million people had a parcel lost or stolen last year, according to Citizens Advice, which has called on the government to start fining firms that keep losing deliveries as part of a comprehensive overhaul of the sector. Currently, only Royal Mail faces fines for poor service, but the charity said the same sanctions should apply to the whole industry, after surveys showed customers had experienced a range of problems with deliveries. Ten parcels were lost or stolen during each minute over the last 12 months, it claimed.