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French consumption rebounds in January
French households´ consumption expanded more strongly than expected in January, boosted by energy purchases and those of household goods.
Broker tips: Burberry, Lloyds, Britvic
Nomura upgraded Burberry to ‘buy’ from ‘neutral’ and lifted the price target to 1,500p from 1,450p.
French fourth quarter GDP growth beats forecasts
France´s economy grew slightly more quickly than expected at the end of 2015, as government spending and investment offset drags from consumption and net exports.
France falls back into deflation in February
The Eurozone´s second largest economy fell back into deflation in February, amid widespread weakness across all categories.
IMI full year profit slumps amid tough trading
FTSE 250 engineering group reported a 34% slump in 2015 pre-tax profit as revenue declined amid tough trading conditions in many of its markets, as clients scaled back orders.
Japanese consumer price inflation falls back in January
Inflation in Japan fell back at the start of the year; although a leading indicator of nationwide price pressures did so by less than was expected.
Sports Direct will no longer draw down from Mike Ashley loan facility
Sports Direct International said on Friday that it will no longer draw down from a £250m loan facility with founder Mike Ashley/Mash holdings following criticism over related party transactions.
Regional data point to downside risks for German CPI in February
Consumer price inflation in the German state of Saxony fell back sharply in February, as a result of still-falling energy prices but also due to a sharp decline in the price of package holidays, pointing to "severe" downside risks to the nation-wide figures which were set for release later in the day, some economists warned.
Economic pessimism may be setting stage for rally in stocks, Citi says
The depth of the negative sentiment surrounding the global economy may presage share price gains are just around the corner, if history is any guide, strategists at Citi said.
Berendsen profit and revenue slip but divi lifted
Berendsen said 2015 pre-tax profit and revenue dropped on the back of adverse currency movements, as the pound strengthened against the currencies in which the group operates in Continental Europe.
UBS reaffirms Lloyds as top-pick, highlights high dividend yield
UBS reaffirmed Lloyd´s Banking Group as its 'top-pick' on Friday thanks to the lender´s capital generation targets, which in its opinion underwrote a dividend yield of over 8% in a Footsie that was "increasingly starved" of payouts.
Promotion for Charles Jacobs on Fresnillo board
Fresnillo announced the promotion of a board member on Friday, saying Charles Jacobs would become a senior independent director.
Eurozone economic confidence deteriorates more than expected
Economic sentiment t in the Eurozone deteriorated more than in expected in February, according to data from the European Commission.
Berenberg initiates coverage of mid-cap drinks makers
Berenberg initiated coverage on the four UK mid-cap soft drinks manufacturers, highlighting a preference for Britvic and Nichols.
Canadian-led consortium to buy London City Airport
London City Airport has agreed to be bought by a consortium for an undisclosed sum.
Gaming duties hit William Hill's earnings
Additional gambling duties imposed by HM Government were a sore point for William Hill's earnings in the 52 weeks to 29 December, though the company was confident it could grow out of the rut.
More details revealed about proposed LSE and Deutsche Borse merger
London Stock Exchange Group and Deutsche Borse revealed more information about their proposed merger on Friday, which involved the departure of London's CEO.
Nomura upgrades Burberry to 'buy' ahead of change
Nomura upgraded Burberry to ‘buy’ from ‘neutral’ and lifted the price target to 1,500p from 1,450p.
Asia report: Markets edge ahead after choppy end to week
Asian markets closed mostly in the black on Friday, managing to edge ahead after a choppy end to the week.
Kennedy Wilson full year NAV jumps 15%
Kennedy Wilson Europe Real Estate reported a 15% jump in full year net asset value and a hike in the dividend thanks to good progress across all of the business.