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London midday: FTSE rises as pound weakens after disappointing UK services PMI
The FTSE 100 advanced on Friday as the pound weakened after data showed growth in the UK services sector eased more than expected in January.
Europe midday: Bank stocks gain on back of possible US deregulation
European stocks were in the green as banking stocks gained on the back of US President Donald Trump considering scaling back the 2010 Dodd Frank act and positive eurozone services PMI data.
Randgold Resources on the way to meet 2016 production tagets
Randgold Resources is on track to meet its revised production targets for 2016, the gold miner’s boss said on Friday.
Asia report: Most markets lower as China reopens
Markets in China led Asia mostly lower on Friday, as they returned to trading after a week off for the Lunar New Year holiday.
US pre-open: Stocks to nudge higher ahead of payrolls; banks in focus
US futures pointed to a marginally firmer open on Wall Street, with banking stocks set to lend support, as investors erred on the side of caution ahead of the non-farm payrolls report.
Markets test Bank of Japan´s resolve at reverse JGB auctions
Japanese government bond markets were roiled overnight as a reverse auction for medium and longer-dated debt by the country´s central bank was apparently deemed insufficient by investors, given current circumstances.
Oakley Capital Investments undergoes 18% investment growth
-Oakley Capital Investments, an AIM-listed company established to provide investors with access to the investment strategy being pursued by the Oakley Funds, announced its trading update for the year ended 31 December 2016.
Zamano's shares plummet as it struggles to stay afloat
Zamano, an AIM-listed European provider of interactive applications and services to mobile devices, has announced that it may have to close down its dwindling business operations in order to protect its cash position.
Victoria Oil & Gas achieves record monthly production in January
Cameroonian energy utility Victoria Oil & Gas reported that it had achieved record monthly production in January and that a new pipeline to Bonaberi came onstream during the final quarter of 2016.
Uber boss Kalanick quits Donald Trump's economic advisory board
Travis Kalanick, the chief executive of ride-hailing app Uber, has stood down as a member of Donald Trump's economic advisory group after being inundated with criticism from its users.
GVC Holdings gains on Numis upgrade
GVC Holdings was given a boost on Friday after Numis raised its rating on the gambling company to ‘buy’ from’ hold’ and reiterated a target price of 765p following “strong” fourth quarter results.
Adept Telecom buys Our IT Department, Brightvisions for up to £8.5m
Adept Telecom, a provider of communications solutions, is to buy Our IT Department and its trading subsidiary Brightvisions, specialist providers of technology services for up to £8. 5m and has taken out a £30m loan to part fund the acquisitions.
Eurozone retail sales unexpectedly drop in December
Retail sales in the 19 countries that share the euro unexpectedly fell in December, according to the latest figures from Eurostat.
Npower set to hike prices in March
Energy company Npower said on Friday that it will hike its standard tariff gas and electricity prices by 4. 8% and 15%, respectively, from 16 March.
Snapchat parent files for long-awaited IPO
Snap Inc, the parent company of hugely popular picture messaging app Snapchat, has filed for an initial public offering, after months of speculation about a flotation.
Smart Metering Systems income rises as it signs new contracts with energy suppliers
Smart Metering Systems, which installs, owns and manages utility metering assets, expects results for 2016 to be in line with expectations after it installed more domestic meters, gained new contracts and income rose.
CORETX sees substantial second-half improvement
Mid-market network, cloud and IT managed services provider CORETX Holdings provided an update on trading for the year to 31 December on Friday.
Canaccord cuts rating on Compass Group to 'hold'
Canaccord Genuity on Friday lowered Compass Group to ‘hold’ from ‘buy’ but raised the target price to 1,460p from 1,370p following the catering company’s first quarter trading update.
Premier Oil proposes refinancing as production ramps up
Premier Oil announced on Friday that its private lenders had agreed to a long form term sheet, subject to credit approvals.