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Europe open: Euro strength weighs on stocks as G20 gets underway
European stocks slipped at the start of trading, weighed down by a mixed close overnight on Wall Street as traders focused on a stronger euro and the headlines coming out of the G20 finance ministers' meeting in Germany.
Salomon gets another year as Oilex MD
Oilex announced on Friday that Jonathan Salomon’s term as managing director of the company had been extended by a further one year with immediate effect.
REACT Group reports loss in first full year
Specialist provider of rapid response deep cleaning and emergency decontamination services, REACT Group, announced its final results for the year to 30 September on Friday - its first full year since listing on AIM in mid-2015 via a reverse takeover.
London open: Stocks flat as investors pause for breath
London stocks were little changed in early trade as investors paused for breath after the FTSE 100 closed at a record high of 7,415. 95 in the previous session.
Software firm renamed Oxford Metrics, OMG!
Software firm OMG officially changed its name to Oxford Metrics on Friday.
Storm in a tea cup: Brits to face price hike on hot drinks
Supply issues could lead a price hike on tea and coffee across Britain, according to Beacon, Britain’s leading purchasing company.
Tullow Oil tanks after proposing $750m rights issue at 45% discount
Tullow Oil has announced plans to carry out a £607m ($750m) rights issue at a 45% discount to its last closing price as feels it is the "right time to get our balance sheet in order".
Chemring trading in line, FY expectations unchanged
Chemring said on Friday that it has kicked off the year on a positive note, with trading in the first four months in line with its expectations.
Totally wins £90,000 dermatology contract from NHS Blackburn
Out-of-hospital service provider Totally has won a £90,000, six-month contract with NHS Blackburn’s Darwen Clinical Commissioning Group (CCG).
JP Morgan upgrades Prudential as key concerns recede
JP Morgan Cazenove has upgraded Prudential to ‘neutral’ from ‘underweight’ and lifted the price target to 1,705p from 1,450p.
Berkeley sees FY profits at top end of expectations despite Brexit worries
Property group Berkeley said full year pre-tax profits were expected to be at the top end of analysts' expectations but added that Brexit uncertainties had hit underlying reservations.
AstraZeneca still frustrated over ZS hyperkalaemia drug
The US Food and Drug Administration (FDA) has issued a complete response letter to AstraZeneca regarding its new hyperkalaemia drug, meaning its application still cannot be approved in its present form.
Euro higher as Nowotny says ECB may hike deposit rate before ending QE
The European Central Bank might increase interest rates before it winds up its programme of quantitative easing, a top official said on Thursday evening.
Amec Foster Wheeler to participate in $950m US defense contract
Amec Foster Wheeler announced on Friday it had been awarded a contract with the US Air Force Civil Engineer Center to sustain and improve Air Force and other US Department of Defense installations worldwide.
Brent futures dip even as Saudi says open to doing whatever it takes
In remarks to Bloomberg TV, saudi energy minister Khalid Al-Falih indicated his country might be open to extending a deal among many of the world's top producers to restrain their combined output past June.
Unite Students buys Durham development
Manager and developer of student accommodation, Unite Students, has acquired an asset under development in Durham for £34m.
London pre-open: Stocks to nudge lower after record close
London stocks were set to edge lower at the open on Friday, giving back a few gains after the FTSE 100 closed at a record high of 7,415. 95 in the previous session.
Friday newspaper round-up: May gets tough, consumer spending, Lloyds, Google
Theresa May stepped up the pressure on Nicola Sturgeon, accusing the SNP leader of forcing a “fundamentally unfair” independence referendum that would damage Brexit negotiations. In an article for The Times, the prime minister toughens her stance against starting talks over a second independence vote before spring 2019 — the timetable set out by Ms Sturgeon in a surprise announcement this week.
US close: Equities surrender dot-plot gains, dollar dives
US stocks ended their mini rally on Thursday, as gains made after the Federal Reserve raised interest rates in the previous session were eroded.