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Chevron offers $12.47 a share for Noble Midstream
Chevron said on Friday that it has offered to buy Noble Midstream Partners for $12. 47 a share.
Week ahead: Chinese CPI, UK GDP in the spotlight
Investors' focus over the coming week will shift towards readings on consumer price inflation due out around the world, including in China and the US, both on Wednesday.
Sector movers: Travel stocks gains as Covid-19 infections continue retreating
Travel and Leisure names sped ahead at the end of the week, pacing gains at the pan-European level amid optimism triggered by figures showing a sustained drop in new Covid-19 infections in the UK.
Europe close: Stocks finish the week near recent highs, Travel and Leisure names lead
European stocks finished the week on an up note tracking gains on Wall Street to new record highs, although shares in Britain and Germany were off the pace on Covid-19 concerns and weak economic data respectively.
Weekly review
The FTSE 100 ended the week 81. 87 points higher, closing at 6,489. 33 on Friday.
London close: Stocks finish mixed as US nonfarms disappoint
London stocks closed in a mixed state on Friday, as investors digested the latest nonfarm payrolls data out of the United States, which disappointed for the second month on the trot.
EU's Borrell call for Sputnik V vaccine to be approved
EU’s foreign policy chief Josep Borrell said on Friday that the Russain state-developed Covid-19 jab called Sputnik V should be approved by the bloc.
Director dealings: Microsaic chairman snaps up shares
Microsaic Systems revealed on Friday that chairman Gerard Brandon had acquired 50. 0m ordinary shares in the AIM-listed spectrometry.
Craven House Capital responds to share price rise
Craven House Capital issued an update on Friday, responding to recent positive movement in its share price.
Broker tips: Burberry, Barratt Developments, Johnson Matthey
Goldman Sachs upgraded its stance on luxury brand Burberry to ‘neutral’ from ‘sell’ and lifted the price target to 1,690p from 1,595p as it said the risk/reward is now more balanced.
Bacanora Lithium shareholder Ganfeng to increase shareholding
Lithium development company Bacanora Lithium announced on Friday that the board of its cornerstone investor and offtake partner Ganfeng Lithium had approved a resolution to exercise its pre-emptive right and to increase its holding in the company.
Friday broker round-up
Burberry: Goldman Sachs upgrades to neutral with a target price of 1,690p.
US open: Stocks advance as Senate approves $1.9trn stimulus package
Wall Street stocks were in the green on Friday, with major indices attempting to close out their best week since November on a high.
7digital expects no impact from UMG-Triller dispute
Digital music service provider 7digital updated the market on Friday, after music label Universal Music Group (UMG) announced that it had pulled its catalogue from the social app Triller.
Aggreko in takeover talks with TDR Capital, I Squared Capital
Aggreko shares surged on Friday after the temporary power provider said it was in talks with TDR Capital and I Squared Capital about a possible cash offer at 880p a share.
FTSE 250 movers: Beazley surges on results; Signature drops
London’s FTSE 250 was up 0. 9% at 20,986. 67 in afternoon trade on Friday.
FTSE 100 movers: Miners rally; Johnson Matthey hit by downgrade
London’s FTSE 100 was flat at 6,503. 03 in afternoon trade on Friday.
US nonfarm payrolls disappoint for second straight month
The US labour market recovery disappointed for a second consecutive month in January, showing only modest job growth in the first few weeks of the new year.
US Senate approves $1.9trn Covid-19 aid bill after 50-50 vote
America's Senate narrowly approved the Biden administration's $1. 9trn coronavirus aid package.
Hargreaves Services sells another parcel of land at Blindwells
Industrial and property service provider Hargreaves Services announced the conditional sale of a further phase of land at Blindwells, its major 1,600 unit residential development site near Edinburgh, on Friday.