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EU to take legal action 'very soon' over UK Brexit deal breach
The European Union will launch legal action against the UK “very soon” over its decision to delay implementation of part of the Brexit deal relating to Northern Ireland.
Origin Enterprises buys Green-tech for undisclosed sum
AIM-listed Origin Enterprises said on Friday that it has bought Green-tech, a manufacturer and distributor of landscaping, forestry and grounds maintenance equipment, for an undisclosed sum.
Resource nationalism surges in 2020 as side effect of Covid-19
In 2020, 34 countries have witnessed a significant increase in the nationalisation of natural resources as a side effect of Covid-19, revealed the latest report by Verisk Maplecroft published late on Thursday.
US pre-open: Futures point to lower start ahead of February non-farm payrolls
Stocks on Wall Street are being called to start lower amid investor jitters over the recent rise in Treasury yields, even as they wait on the latest monthly non-farm payrolls report.
Rathbone Brothers chairman Mark Nicholls steps down
Investment manager Rathbone Brothers said on Friday that non-executive chairman Mark Nicholls has decided to retire with immediate effect due to "unforeseen personal circumstances".
Canaccord stays at 'buy' on Vistry Group, raises dividend forecasts
Analysts at Canaccord Genuity bumped up their target price on shares of homebuilder Vistry Group following its latest full-year numbers, support measures in the Budget and its management team's track record.
Credit Suisse says BT Group to benefit from rising inflation, government bond yields
Credit Suisse reiterated its 'outperform' recommendation for shares of BT Group, labelling the stock an 'inflection story' and arguing that it was set to benefit from several tailwinds - including rising inflation and government bond yields.
Frasers Group to review estate after 'worthless' rates relief Budget package
Mike Ashley’s Frasers Group said it may have to close unviable stores after what it called a "near worthless” package of business rates relief in the Budget.
Ripple reports no fallout in Asia Pacific business after SEC lawsuit
Blockchain payments firm Ripple did not experience any fallout in its Asia Pacific business after facing a lawsuit from the US Securities and Exchange Commission (SEC).
Lloyds Bank to become private landlord - report
Lloyds Banking Group is planning to become a large private landlord as it seeks new sources of revenue with interest rates at record lows, the Financial Times reported.
German factory orders rise more than expected in January
German factory orders rose more than expected in January, according to figures released by Destatis on Friday.
UK house prices dip for second month - Halifax
UK house prices dipped for the second month running in February as the sector's mini-boom appeared to peter out, Halifax said.
Labour demand stabilises in February, REC says
Labour demand stabilised in February, although starting salaries fell modestly, even in the face of the national lockdown, the results of a survey revealed.
London open: Stocks fall amid inflation concerns, ahead of payrolls
London stocks fell in early trade on Friday amid worries about inflation, as investors eyed the latest US non-farm payrolls report.
Senior sells build-to-print manufacturing business for $74m
Senior said on Friday that it has sold its standalone, build-to-print helicopter structures operating business, Senior Aerospace Connecticut, to PCX Aerosystems for $74m (£53m).
GCP Student cuts dividend as asset values drop
GCP Student Living reported a drop in asset values and a sharply reduced dividend after Covid-19 cut occupancy at its sites.
LSE Group posts higher full-year profits and sales
The London Stock Exchange Group posted higher full-year profit and sales driven by a stronger-than-expected showing in both its Post Trade units and Information units despite the "unparalleled" environment.
Asia report: Rising US bond yields dampen sentiment
Asian shares closed lower on Friday as rising US bond yields continued to worry investors.
ConvaTec says pandemic created both challenges and opportunities in 2020
ConvaTec posted a rise in full-year revenue but a dip in earnings after the pandemic created "both challenges and opportunities" for the medical products and technology company in 2020.
Unite Group extends rent discount again
Student accommodation provider Unite Group announced on Friday that it was extending its 50% rent discount by an additional three weeks as it said that its discount and tenancy extension will impact rental income less than expected.