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Weekly review
The FTSE 100 ended the week up 91. 62 points, or 1. 12%, closing at 8,273. 09 on Friday.
London close: Stocks finish firmer in subdued trading
London stocks closed in positive territory on Friday, bolstered by hopes of an interest rate cut in the United States, although the gains were modest as trading remained subdued.
Daily Mail, Sun cut US editorial jobs
Two of Britain's largest newspaper publishers, News UK and DMGT, are implementing significant job cuts in their US digital operations, it emerged on Friday.
Greatland Gold raises £6.7m in oversubscribed retail offer
Greatland Gold announced the successful closure of an oversubscribed retail offer on Friday, raising £6. 7m in gross proceeds.
Mosman Oil resolves legal hurdle for sale of Nadsoilco
Mosman Oil and Gas, a company specialising in helium, hydrogen, and hydrocarbon exploration and production, announced the resolution of a legal claim on Friday.
PRS REIT chair to step down as part of shareholder-agreed changes
PRS REIT announced on Friday that it has reached an agreement with requisitioning shareholders, resulting in the withdrawal of a notice that called for a general meeting to approve certain board changes.
Premier African reports progress at Zulu, says it needs more funding
Premier African Minerals updated the market on its Zulu Lithium and Tantalum Project on Friday, reporting significant progress in optimising its flotation plant and anticipating a reduction in production costs.
Proteome Sciences swings to EBITDA loss, CEO steps down
Proteome Sciences announced a significant drop in first-half revenue and profit on Friday, alongside the departure of its chief executive.
Iofina commissions new Oklahoma iodine plant
Iofina, a specialist in the exploration and production of iodine and the manufacturing of specialty chemical products, announced the commissioning of its new IO10 IOsorb plant in Oklahoma on Friday.
Shire Foods drives robust first half for Volvere
Growth and turnaround investment company Volvere reported robust unaudited interim results for the six months ended 30 June on Friday.
Europa Oil opts not to extend Serenity licence
Europa Oil & Gas, an company focussed on oil and gas exploration, development, and production in the UK, Ireland and West Africa, announced on Friday that it would not apply for an extension of the Serenity licence, P2358.
Triple Point Social Housing reports strong first-half earnings growth
Triple Point Social Housing reported a significant increase in adjusted earnings per share and robust rental growth across its portfolio in its first-half results on Friday.
Kinovo hunts for new auditor after shareholder rejects incumbent's reappointment
Property services company Kinovo announced on Friday that it has initiated a tender process to appoint a new external auditor, after a significant shareholder vote led to the rejection of the reappointment of Moore Kingston Smith at its annual general meeting on 29 August.
Asia report: ASX 200 nears all-time high on mixed day for region
Asia-Pacific markets closed mixed on Friday as mainland Chinese stocks fell to their lowest levels since 2019, while Australian shares edged closer to an all-time high.
National Grid agrees £630m sale of Electricity System Operator with govt
National Grid announced on Friday that it has reached agreement with the UK government to sell the Electricity System Operator (ESO) for an enterprise value of £630m.
CMA concerned about Vodafone-Three merger, GSK's Blenrep gets breakthrough designation in China
London open The FTSE 100 is expected to open 10 points higher on Friday, having closed up 0. 57% on Thursday at 8,240. 97.