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UK MPs recalled to debate seizure of British Steel
UK lawmakers will hold a rare emergency parliamentary session on Saturday to take control of British Steel and stop its Chinese owner closing the Scunthorpe plant in a move that could lead to nationalisation of the company.
Europe midday: Stoxx treads water as China retaliates in trade war
European shares gave up early gains as China lifted tariffs on US imports to 125% at the end of a turbulent week, driven by President Donald Trump’s erratic trade policies.
Europe open: Stoxx up after volatile week amid 'fragile' tariff pause
European shares opened higher at the end of a turbulent week driven by US President Donald Trump’s erratic tariff policies, shrugging off falls on Wall Street and Asia overnight.
BP sees lower first quarter upstream production
Energy giant BP on Friday said it expected to report lower first-quarter upstream production than in the previous three months.
Greencore deadline to make firm bid for Bakkavor extended to May 9
Convenience food group Greencore has been given an extension on the deadline to make a firm offer for rival Bakkavor until May 9 or walk away.
Europe midday: Stoxx surges on US tariff pause after bond markets react
European markets surged on Thursday as US President Donald Trump blinked in the face of a bond market sell-off and paused his swingeing tariff measures for 90 days amid accusations of market manipulation.
Europe open: Shares surge after Trump U-turn on tariffs
European markets surged at the open on Thursday as US President Donald Trump blinked in the face of a bond market sell-off and paused his swingeing tariff measures for 90 days amid accusations of market manipulation.
FTSE 250 movers: Cyclicals surge on tariff pause; Ruffer Investment slips
FTSE 250 (MCX) 18,699. 09 4. 52% .
EU pauses tariffs against US for 90 days
The European Union said it was pausing new tariffs against the US for 90 days, opening the door for talks with US President with Donald Trump.
Ofgem mulls rejection of National Grid JV penalty exemption request
Britain's energy regulator Ofgem on Thursday said it was considering whether to reject a delay penalty exemption request for an electricity transmission joint venture between National Grid and SP Transmission.
LondonMetric buys M&S logistics warehouse for £74m
LondonMetric Property said it had bought a long-let Marks & Spencer logistics warehouse for £74m, reflecting a net interest yield of 5. 65%.
Assura accepts £1.6bn merger offer from KKR, Stonepeak
UK medical property Assura on Wednesday said it had agreed to a £1. 61bn takeover offer from private investors KKR and Stonepeak Partners after rebuffing a lower bid from Primary Health Properties.
China retaliates with 84% tariffs in latest trade war escalation
China on Wednesday announced new tariffs of 84% on the US in the latest trade war tit-for-tat retaliation between the world's two biggest economy.
Europe midday: Bonds, pharma stocks hit as Trump tariffs begin
European shares slumped on Wednesday as US tariffs came into force, with the pharma sector now apparently in the sights of US President Donald Trump's trade policy, while a sell-off in US government bonds also heightened concerns among investors.
Europe open: Stoxx slumps as US tariffs hit; US bond fears in focus
European shares slumped at the open on Wednesday as US tariffs came into force, sparking fears of a global recession as a sell-off in US government bonds also caused concerns among investors.
Europe midday: Shares hold gains on US-Japan tariff talk hopes
European shares rallied on Tuesday after a three-day battering as investors hoped that tariff talks between the US and Japan would lead to more negotiations globally, although sentiment was tempered after China and Washington exchanged more threats over levies.
China vows 'fight to the end' as Trump threatens extra 50% tariff
China said it would "fight to the end" after Washington threatened an additional 50% tariff if Beijing went ahead with retaliatory measures of its own against American imports in the latest tit-for-tat escalation of the trade dispute between the world's two largest economies.