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US FDA accepts first biologics license application for Astra’s durvalumab
The US Food and Drug Administration has accepted the first biologics licence for AstraZeneca’s durvalumab in bladder cancer and given the drug priority review status.
Consumer inflation expectations rise to highest since 2014
Public expectations of a rise in inflation in the coming year has peaked to its highest level since 2014, with more people also predicting the Bank of England will raise interest rates.
FTSE 250 movers: Polish problems for IPF; Marshalls looking lush
The slump in International Personal Finance shares dominated the FTSE 250 at the end of the week as the emerging markets lender faced the prospect of a cap on loan charges by the Polish Ministry of Justice.
BlueRock Diamonds enters agreement with John Kilham
BlueRock Diamonds announced on Friday that, following the resignation of John Kilham on 19 October, the company announces that it has entered into an acquisition and settlement agreement with Kilham in order to resolve outstanding matters.
US consumer sentiment improves more than expected in December
Consumer sentiment in the US improved more than expected in December, according to preliminary figures released on Friday, as Americans reckoned President-elect Donald Trump’s policies would boost economic growth.
IPF shares in freefall on Poland plan to cap loan charges
Shares in emerging markets lender International Personal Finance (IPF) plunged by more than a third on Friday after Poland's Ministry of Justice published draft legislation that would cut the charges on personal loan agreements.
UK's Johnson sets off for MEast overshadowed by Saudi row
UK Foreign Secretary Boris Johnson embarked on a tour of the Middle East on Friday overshadowed by critical comments he made about the Saudi Arabian regime.
David Cameron calls for "course correction" by Western leaders
Former Prime Minister David Cameron has called on Western leaders to take steps to take care of those who have been left behind by globalisation in his first major speech since his resignation.
ECB denies Banca Monte dei Paschi di Siena's petition for more time
The European Central Bank rejected a petition from Italian lender Banca Monte dei Paschi di Siena for more time to raise cash and thus strengthen its capital position, Reuters reported citing a source.
Hillary Clinton blasts fake news "epidemic" in senator farewell speech
Defeated US presidential candidate Hillary Clinton made a rare public appearance on Thursday in which she warned of the dangerous nature of so-called "fake news" articles.
Cairo bomb attack kills 6 policemen
Six Egyptian policemen were killed in Cairo on Friday after a bombing at a police checkpoint in the capital, state media reported.
UK construction output falls in October
UK construction figures revealed a fall in output of 0. 6% in October against expectations of a small rise, according to official figures released on Friday.
Condor Gold reaches settlement in four-year royalty dispute
Gold exploration company Condor Gold announced on Friday that it has reached terms of a settlement with B2Gold Corporation and Royal Gold over a disputed net smelter return royalty (NSR) over part of Condor's flagship La India Project in Nicaragua.
Plant Impact makes solid start to financial year
Researcher and developer of crop enhancement technology, Plant Impact, announced a trading update for the three months to 31 October on Friday, as investors mustered for its annual general meeting.
London midday: Stocks rise, Gilts wilt
Stocks were holding modestly higher even as yields on longer-dated Gilts continued to advance, in a repeat of the previous day's moves on financial markets, which saw the Dow Jones Industrials and S&P 500 establish fresh record highs and after the latest Chinese data released overnight showed the country had reverted to being an exporter of inflation globally.
Trinity Exploration announces restructure and $15m fundraising
Trinity Exploration announced its intention to raise approximately $15m on Friday, by way of a placing and subscription of, in aggregate, 187,600,000 new ordinary shares at a placing price of 4. 98p - expected to raise gross proceeds of approximately $11. 73m, and a proposed issuance of convertible loan notes expected to raise gross proceeds of $3. 28m.
AEW UK talks up post-Brexit stability
Real estate investment trust AEW UK posted its unaudited interim report and financial statements for the six months to 31 October on Friday, with a net asset value of £118. 05m and of 95. 47p per share as at period end.
Edinburgh Worldwide underperforms in 2016
Edinburgh Worldwide posted its unaudited preliminary statement for the year to 31 October on Friday, with net asset value per share increasing by 18. 0% and the share price by 10. 3% over the period.
Tories thump UKIP to retain Sleaford in byelection
Britain's ruling Conservative Party retained its Sleaford and North Hykeham seat in a by-election on Thursday, easily fending off the challenge from UKIP in another contest dominated by the impact of Brexit.
McDonald's moves non-US tax base from Luxembourg to London
US fast food chain McDonald's is moving its tax operations outside the country to London, in a further sign that large corporations are shrugging off the economic consequences of Brexit.