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FTSE 250 movers: Investors hail Rentokil divestment
London's second tier index was up by 0. 22% or 39. 52 points at 17,808. 87.
Sanofi looking to spend CHF 30.5bn on Actelion
Reports emerged on Friday that French drugmaker Sanofi was in advanced talks to acquire Swiss peer Actelion, with the possibility of a deal being announced within a week.
Monte dei Paschi making final effort to woo retail investors
Beleaguered Italian bank Monte dei Paschi di Siena was doing its level best on Friday to convince 40,000 retail investors of their rescue plan.
US open: Stocks up as dollar stabilises after recent gains
US stocks were higher on Friday as the dollar stabilised following gains in the wake of a more hawkish-than-expected Federal Reserve on the rate outlook this week, while oil prices advanced.
Broker tips: Micro Focus, Punch Taverns, Trinity Mirror
UBS downgraded Micro Focus International to ‘neutral’ from ‘buy’ and cut the price target to 2,350p from 2,420p citing near-term risks.
FTSE 100 movers: Pharmaceutical stocks lead FTSE's rally
The FTSE 100 rose 0. 11% to 7,006. 73 points on Friday afternoon with pharmaceutical stocks leading the way.
UK factory output at two-and-a-half year high in December, CBI says
Factory output in Britain picked up sharply in December alongside a sharp jump in price expectations, one of the most widely-followed surveys for activity in the sector revealed.
Honeywell downgrades fourth quarter earnings forecast
US conglomerate Honeywell International lowered its profit forecasts for the fourth quarter of 2016, sending its share price on a downward spiral in pre-market trading on Friday.
Thalassa Holdings expects revenue to jump nearly 30% next year
Thalassa Holdings, which provides services to the oil and gas industry, expects operational revenues to rise next year for its subsidiary WGP Group.
Actavis hiked price of hormone replacement drug 12,000%, says CMA
A regulatory body has accused pharmaceutical Actavis UK of breaking competition law by hiking the price of a hormone replacement drug by 12,000% to the NHS.
Shanta Gold intersects first underground ore at New Luika
East Africa-focused gold producer Shanta Gold announced on Friday that on 15 December, its underground development at the New Luika Gold Mine intersected first mineralisation at the Bauhinia Creek deposit.
Eurozone imports register sharp rise in October
The euro area's trade surplus with the rest of the world fell in October amid a very large jump in purchases from overseas.
Andalas Energy applies for first gas-to-power project
Indonesia-focused energy company Andalas Energy and Power announced on Friday that it has submitted an application for its first gas to power project of 2 x 30MW to be included in the Republic of Indonesia’s Electricity Supply Business Plan.
Euro area CPI edges higher
The cost of living in the single currency area edged higher in November on the back of higher prices for energy and unprocessed food.
London midday: Stocks rise as traders continue to digest BoE and Fed announcements
London stocks were rising slightly on Friday as investors continued to mull over policy announcements from the Federal Reserve and the Bank of England.
Europe midday: Stocks continue to advance as government bonds bounce back
European stocks were flat and government bond yields lower in quiet trade after Thursday’s session saw investors react to rate announcements from the Federal Reserve and the Bank of England.
Facebook takes first step towards combating fake news
Social media site Facebook is taking its first concrete steps to combat the fake news phenomenon that has developed into a major issue in the United States and elsewhere since the presidential election.
SafeCharge makes minority investment in Israeli cashless payments firm
Payments company SafeCharge International Group has made a minority investment in Israeli firm Nayax, a provider of cashless payments for unattended machines, for an undisclosed amount.
Asia report: Markets mostly higher on forex movements
Markets in Asia were mostly in the green on Friday, with foreign exchange capturing the attention of many traders, as the yen grew weaker and renminbi hit its lowest point against the greenback in eight years.
Billing Services pays third installment over fake phone charges scandal
San Antonio-based telecommunications firm Billing Services Group made a third payment of $520,000 on Wednesday as part of its settlement with the US Federal Trade Commission.