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Analysts at Berenberg lowered their target prices on both Capital & Counties and Shaftesbury on Friday as it took a fresh look at the UK real estate sector.
Associated British Foods revealed on Friday that non-executive director Emma Adamo had acquired 45,000 ordinary shares in the FTSE 100-listed food processing and retailing company.
Analysts at Berenberg lowered their target prices on both Capital & Counties and Shaftesbury on Friday as it took a fresh look at the UK real estate sector.
The number of new coronavirus cases in Britain jumped again during the preceding week, likely due to the more infectious BA. 4 and BA. 5 variants of the Omicron variant of Covid-19.
Reserve Bank of India´s (RBI) Governor Shaktikanta Das stated that cryptocurrencies are a "clear danger" and that anything that gains value based on fantasy, without anything underlying, is nothing more than speculation under a fancy name. He added that as the financial system becomes increasingly digitized, cyber risks are increasing and require special attention.
Wall Street futures were in the red ahead of the bell on Friday as the second half of 2022 looked set to start off much the same as the first one ended.
London stocks had pared earlier losses to trade just a touch higher by midday on Friday, helped along by a weaker pound, as recessionary fears and weak manufacturing data kept a lid on gains.
The downbeat mood on European markets continued on Friday after suffering their worst quarter since the onset of the Covid-19 pandemic, as Eurozone inflation jumped to a fresh record high in June.
UK mortgage rose to an eight-month high in May, according to the Bank of England, while approvals also held up better than anticipated, indicating that the British housing market had shrugged off headwinds stemming from the ongoing cost-of-living crisis.
BT Sport has lost its exclusive rights to screen Champions League football in the UK and will now share a deal with online giant Amazon, which will broadcast one game a week from 2024.
Kohl’s shares tumbled in pre-market trade on Friday following a CNBC report that the department store chain is terminating talks to sell its business to Franchise Group.
