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UK house prices saw their biggest monthly rise in November since February, according to mortgage lender Halifax.
China said on Friday that it will waive import tariffs for some soybean and pork shipments from the US.
London stocks edged higher in early trade on Friday as investors awaited the release of the latest US non-farm payrolls report.
London stocks had extended gains by midday on Friday, underpinned by signs of progress in Sino-US trade relations and some encouraging house price data, as investors awaited the release of the latest US non-farm payrolls report.
European stocks were higher on Friday morning after China dialled back some of its tariffs on US goods, while German factory data missed expectations.
London’s FTSE 100 was up 1.2% to 7,222.87 in afternoon trade on Friday, boosted by signs of progress in Sino-US trade relations and a better-than-expected US non-farm payrolls report.
The Eddie Stobart transport business, famed for its red and green lorries, is teetering on the brink of collapse with its future due to be decided at a key shareholder vote in London on Friday. The vote will pit William Stobart, the third son of the company’s founder, against his childhood friend and former brother-in-law, Andrew Tinkler. – Guardian
3i Infrastructure has agreed to sell its UK projects portfolio to various buyers including funds managed by Dalmore, Semperian and Innisfree for around £194m.
German industrial production unexpectedly fell in October, according to figures released by Destatis on Friday, reigniting fears about a recession.
South eastern Europe-focussed property company Secure Property Development & Investment (SPDI) announced the transfer of all of its Bulgaria ‘Boyana’ assets to Arcona Property Fund on Friday, in exchange for the issue to SPDI of 315,591 new shares in Arcona and 77,201 warrants over shares in Arcona.
Phoenix Group Holdings said it had made a £3.2bn cash and shares offer for Swiss Re's UK unit ReAssure Group.
Several of the world's largest oil producers chose to keep their combined output unchanged and wait instead until spring to see whether any changes needed to be made.
Video advertising technology company Tremor International has renewed its partnership with television data and measurement provider Alphonso, it announced on Friday, to expand its exclusive automatic content recognition solution that enabled brands to reach television audiences more precisely and effectively across video devices.
US non-farm payrolls jumped by 266,000 in November alongside an unexpected drop in the rate of unemployment.
Eddie Stobart shareholders have backed a bailout by private equity firm Douglas Bay Capital (DBay) that will save the logistics business from collapse.
Mining outfit Ironveld tapped Martin Eales to take over as chief executive on Friday, taking over from Dr Peter Cox on 16 December.
Housebuilder Abbey saw profits drop in the six months ended 31 October but said second-half sales had been "good" so far.
RBC Capital Markets initiated coverage of Provident Financial at ‘sector perform’ on Friday, with a 445p price target.
Consumer sentiment in the US improved in December, according to a preliminary reading from the University of Michigan.
Jefferies trimmed its target price for shares of commodity trader Glencore to reflect the risk to the franchise after the Serious Fraud Office's announcement of an investigation into potential bribery at the company.
Walcom Group updated the market on its working capital position on Friday, saying that under the terms of an existing bank facility, and as it had anticipated, a short-term bank loan of CNY 1m (£0.11m) is due for repayment by the company in the second week of December.
Life sciences business OptiBiotix Health has entered into three new exclusive distribution agreements, it announced on Friday, in a bid to extend the global reach of its ‘SlimBiome’ and ‘GoFigure’ products.
London stocks were set to edge higher at the open on Friday as investors awaited the release of the latest US non-farm payrolls report and continued to eye trade developments.
The Competition and Markets Authority said on Friday that Stonegate’s proposed £1.3bn takeover of pub chain EI Group raises competition concerns at a local level.
Ireland-based energy company Providence Resources announced on Friday that Tony O’Reilly has stepped down from the position of chief executive officer, and has resigned from the board with immediate effect.