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Trump chooses fast food executive Andrew Puzder as head of Department of Labor
United States president-elect Donald Trump has made another controversial choice for his administration, after he picked CKE Restaurants chief executive Andrew Puzder to lead the Department of Labor.
Europe midday: Stocks tick up as investors chew over ECB announcement
European stocks edged higher in quiet trade as investors mulled over the European Central Bank’s decision to extend its quantitative easing programme and as the focus shifted to next week's Federal Reserve meeting.
PPHE Hotel buys freeholds on two German hotels
PPHE Hotel Group said on Friday that Arenaturist, in which it has a controlling stake, has agreed to buy the freehold interests in two hotels in Germany.
Asia report: Markets mixed on Macau gambling, Park impeachment
Markets in Asia finished mixed on Friday, with South Korea slipping just before Seoul’s parliament elected to impeach President Park Geun-hye over her wide-ranging influence scandal late in the afternoon.
US pre-open: Stocks seen flat as investors take a breather
US futures pointed to a muted open on Friday, with investors likely to pause for breath after the Dow and the S&P 500 hit fresh record highs again in the previous session.
Ideagen buys software company IPI Solutions for £5.5m
AIM-listed supplier of information management software Ideagen announced the acquisition of software company IPI Solutions for £5. 54m.
UK goods trade deficit falls sharply in October
The UK´s total trade deficit fell more quickly than expected in October as the shortfall in its trade in goods dropped sharply.
Sumitomo to buy Irish food distributor Fyffes for €751.4m
Fyffes has agreed to be bought by Japan’s Sumitomo in a €751. 4m deal.
Capital & Regional signs leases on two BHS spaces
UK-focused specialist property real estate investment trust Capital & Regional announced on Friday that it exchanged two long-term leases for its former BHS units at The Mall Blackburn and The Mall Walthamstow, bringing new occupiers Wilko and the The Gym Group into the schemes and apparently delivering significant increases in passing rent.
Capita slumps again as analysts weigh in after profit warning
Capita slumped for the second day in a row as analysts weighed in following another profit warning from the outsourcer on Thursday.
Facebook executives accused of disloyalty by investors in lawsuit
Facebook founder Mark Zuckerberg and another executive from the social network have been accused by a group of shareholders in the company of co-operating against minority investors.
Premier African Minerals turns down further acquisition of Casa Mining
Premier African Minerals, an AIM listed mining exploration and production company, has decided not to exercise its option to acquire up to 30% in Casa Mining Limited.
Metal Tiger increases license area over Kalahari Copper Belt
Metal Tiger (MTR), an AIM listed investor in strategic natural resource opportunities has secured 10 license extensions and acquired two new concessions for its joint venture (JV) project with MOD Resources in the Kalahari Copper Belt in Botswana.
China reverts to inflation exporter in November
Price increases in Asia´s largest economy accelerated in November, turning China back into a net exporter of deflation globally.
South Korean president Park Geun-hye impeached by parliament
President of South Korea Park Geun-hye has been impeached by lawmakers in the Asian country after a corruption scandal marred her last few months in office.
SThree sees FY profit touch above top end of market views
Specialist staffing business SThree said on Friday that it expects pre-tax profit for the year to be slightly above the top end of the range of current market expectations of between £37. 3m and £39m.
Euromoney slumps as DMGT cuts stake to 49%
Business information and events group Euromoney Institutional Investor was under the cosh on Friday as Daily Mail and General Trust cut its stake in the company to around 49% from 67%.
London open: Stocks edge higher, buoyed by Chinese inflation data
UK stocks are seeing small gains, tracking overnights gains on Wall Street that saw the Dow Jones Industrials and S&P 500 establish fresh record highs and after stronger than expected readings on Chinese consumer and producer prices.
IP Group's OSI raises £230m
IP Group, the developer of intellectual property-based businesses, said its portfolio company, Oxford Sciences Innovation (OSI) had raised £230m in a new round of financing.
Europe open: Stocks edge higher as investors continue to digest ECB
European stocks nudged higher in early trade as investors continued to mull over the implications of the extension of the European Central Bank’s stimulus plan.