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SRT Marine Systems hit by contract delays
Marine tech group SRT Marine Systems said it expects to make a loss for the year ending 30 June after longer-than-expected administration processes pushed certain contracts into the next financial year.
Europe open: Share rally stalls as focus turns to US jobs data
European shares were in muted mood on Friday after hitting record highs in the previous session after the European central Bank cut interest rates and as investors awaited key US jobs data.
German industrial production unexpectedly falls, exports tick higher
German exports pushed higher in April, official data showed on Friday, but industrial production continued to disappoint.
London open: Stocks flat ahead of payrolls report
London stocks were steady in early trade on Friday as investors erred on the side of caution ahead of the latest US non-farm payrolls report.
Safestay gives bright outlook as bookings surge
International hotels and hostels group Safestay saw losses widen in 2023 despite revenues rising by nearly a fifth, but gave an optimistic outlook with forward bookings up significantly so far this year.
Asia report: Shares mixed ahead of US payrolls
Asian stocks were mixed on Friday as investors awaited a key jobs report from the US, while upbeat trade data from China was overshadowed by a report that some Republican lawmakers had called for a ban of Chinese car battery imports.
China's trade surplus jumps to four-month high
China's trade surplus expanded to a three-month high in May as exports rose more than expected.
London pre-open: Stocks to edge up ahead of payrolls
London stocks were set to edge higher on Friday as investors eyed the latest US non-farm payrolls report.
Bellway lifts price guidance after strong spring selling season
Housebuilder Bellway has kept its guidance for housing completions this fiscal year but has lifted its forecast for pricing.
Bellway lifts pricing guidance; C&C CEO McMahon to step down
London open The FTSE 100 was called to open around 14 points higher.
Friday newspaper round-up: Boohoo, Post Office, Mike Lynch
A group of investors in Boohoo are seeking more than £100m in compensation from the online fashion specialist after reports in 2020 alleging its suppliers in Leicester were mistreating workers caused its share price to plummet. Shares in Boohoo dived more than 40% over several days, wiping more than £1. 5bn off its valuation, after a 2020 Sunday Times report of labour rights violations at the group’s suppliers’ factories in Leicester suggested some workers were paid as little as £3.