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UK construction output falls as infrastructure activity weakens
UK construction activity declined sharply in February, according to the Office for National Statistics on Friday.
US pre-open: Stocks seen touch weaker after Syria airstrikes; payrolls in focus
US futures pointed to a slightly weaker open on Wall Street on Friday amid mounting geopolitical risks after the US military struck a Syrian airfield near Homs and as investors looked ahead of the non-farm payrolls report.
Hornby shares chug higher as it completes first phase of turnaround
Model train maker Hornby, which has recently issued a string of profit warnings, said on Friday that the first stage of its turnaround has now completed and it has successfully restructured its European and UK operations, resulting in structural improvements to the cost base.
Cherkizovo acquires NAPKO in land-bank enhancing deal
Russian meat and feed producer Cherkizovo is acquiring NAPKO, which is a large grain producer in that country.
PCI-PAL confirms two new contracts
Contact centre payment solutions provider PCI-PAL announced that it secured two “significant” contracts for its services on Friday.
Driver Group performance 'much improved' since fundraising
Specialist commercial and dispute resolution services provider to the construction and engineering industries, Driver Group, updated the market on its half year to 31 March on Friday.
London open: Stocks nudge lower as safe havens rally on geopolitical tensions
London stocks nudged just a touch lower in early trade, with investors reluctant to make any bold moves as geopolitical tensions intensified after the US destroyed a Syrian airfield and ahead of the non-farm payrolls report.
Electra sells off last stake in Hollywood Bowl
Electra Private Equity said it had sold its remaining stake in Hollywood Bowl, the UK's largest ten-pin bowling operator for £40m.
Norway to build world's first tunnel for ships
An ambitious new project from the Norwegian government will see the construction of the world’s first large scale ship tunnel, allowing huge vessels to avoid a treacherous stretch of sea in the Scandinavian country.
Ocado slumps on UBS downgrade to 'sell'
Ocado slumped on Friday as UBS downgraded the stock to 'sell' from 'buy' and slashed the price target to 200p from 425p saying that meeting consensus revenue and margin expectations will be tough.
House price growth slows to lowest in four years - Halifax
Growth in house prices slowed significantly in the year to March, according to data from lender Halifax.
Redefine to take control of German venture for €49m
Property investment trust Redefine said it had reached a conditional agreement to take control of the German Leopard Portfolio joint venture, in which it holds an existing 50%, for €49m.
Europe open: Stocks edge lower amid geopolitical woes; payrolls eyed
European stocks edged lower in early trade, while safe-haven assets rallied amid rising geopolitical tensions after the US launched a missile attack on a Syrian airfield, as investors eyed the release of the latest non-farm payrolls report.
Fusionex signs on major medical supplier
Analytics and ‘big data’ software provider Fusionex announced on Friday that it won a new contract with a major multinational Asian healthcare company for its big data platform product ‘GIANT 2017’.
Intertek completes acquisition of KJ Tech
Intertek Group said it has completed the acquisition of KJ Tech Services GmbH, a leading provider of vehicle, component, lubrication and fuel testing services based in Germany.
Scottish Mortgage reduces interest costs through long-term borrowing
Scottish Mortgage Investment Trust announced on Friday that it has agreed to raise a total of £125m in long term, fixed rate, senior, unsecured private placement notes, denominated in sterling.
Co-op Bank confirms takeover talks with 'several' suitors
Co-operative Bank has entered detailed talks with "several" suitors after receiving a number of takeover approaches in recent weeks, it said on Friday, and has also continued separate talks about raising new capital.
Wolseley's Tobler completes Swiss merger
Wolseley completed the partial divestment of Tobler, its Swiss plumbing and heating business, on Friday.
Capital & Counties in advanced talks over sale of Venues business
Capital & Counties confirmed on Friday that it is in advanced discussions to sell its exhibition business, Venues.