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London close: Stocks finish week on positive note
London’s equity markets ended the week on a high note, as investors digested an improvement in UK consumer confidence, even as other indicators such as business output and retail sales painted a more challenging picture.
US composite PMI shows robust expansion for November
The US economy showed signs of robust expansion in November, with S&P Global's composite purchasing managers’ index (PMI) reaching a 31-month high of 55. 3, up from October's 54. 1.
CMA says Apple's browser policies hinder innovation
The Competition and Markets Authority (CMA) announced on Friday that it has provisionally found that Apple’s policies on mobile browsers hinder innovation, impacting UK businesses and millions of users.
Weekly review
The FTSE 100 ended the week up 198. 47 points, or 2. 46%, closing at 8,262. 08 on Friday.
Gemfields sells 30 of 43 lots in emerald auction
Gemfields reported revenues of $16. 1m from its latest auction of higher-quality rough emeralds on Friday, held between 4 and 21 November.
Invinity progressing domicile move from Jersey to the UK
Invinity Energy Systems, a manufacturer of utility-grade energy storage solutions, said on Friday that its planned redomiciliation from Jersey to the UK was progressing as outlined in its interim results.
Gatwick Airport terminal evacuated amid 'security incident'
A large part of Gatwick Airport's South Terminal was evacuated on Friday morning due to a “security incident”.
Hutchmed partner launches Fruzaqla in Japan
Hutchmed China announced the launch of ‘Fruzaqla’, or fruquintinib, in Japan on Friday by its partner, Takeda, following approval from Japan’s Ministry of Health, Labour and Welfare in September.
Belluscura US subsidiary secures $4m credit facility
Belluscura, a developer of lightweight, portable oxygen enrichment devices, announced on Friday that its subsidiary Belluscura LLC has secured a $4m credit facility from Sallyport Commercial Finance.
Quadrise reports continued progress across projects
Quadrise reported continued progress across its marine, industrial, and low-carbon fuel projects in an update on Friday, despite challenges earlier in the year.
Michelmersh trading in line with expectations
Specialist brick manufacturer Michelmersh said in a trading update on Friday that its performance for the year ending 31 December remained in line with market expectations.
General Atlantic extends deadline to make offer for Learning Technologies
Learning Technologies announced an extension to the deadline for General Atlantic, through its managed and advised funds, to make a firm offer for the company under the Takeover Code on Friday.
Amigo makes progress with wind-down process
Amigo, the former mid-cost credit provider now in run-off, reported its interim financial results on Friday, reflecting significant progress in its wind-down process under the fallback scheme.
Asia report: Most markets rise, but Chinese stocks sink
Asia-Pacific markets saw mostly positive movement on Friday, buoyed by Wall Street's overnight gains, although Chinese equities faced significant losses.
Workspace hikes dividend after first-half growth
Workspace Group reported a 4. 3% increase in underlying net rental income to £60. 2 for its first half on Friday, driven by strong customer demand and portfolio management.
Tlou reports substantial progress at Lesedi
Tlou Energy announced significant progress at its flagship Lesedi power project in Botswana on Friday, with the on-site electrical substation now over 90% complete.
Games Workshop lifts guidance, Workspace reports first-half growth
London open The FTSE 100 is expected to open 44 points higher on Friday, having closed up 0. 79% on Thursday at 8,149. 27.