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Europe midday: Shares rise as Labour sweeps to UK election win
European shares opened higher with the UK Labour Party's landslide election victory the main focus.
Canada gives Glencore final green light to buy Teck coal assets
Mining and commodities giant Glencore has received the final regulatory approval needed in its $7bn acquisition of steelmaking coal assets from New York-listed Teck Resources.
Emmerson submits ESIA for Khemisset multi-mineral process
Potash development business Emmerson said on Friday that it has submitted an updated Environmental & Social Impact Assessment for the use of its Khemisset multi-mineral process in Morocco.
PipeHawk considers placing QM subsidiary into administration
PipeHawk shares were sliding on Friday, after it issued an update on its subsidiary QM Systems, detailing significant financial challenges.
UK housebuilders surge on Labour victory
Shares in UK housebuilders jumped on Friday, on hopes that the new Labour government would reinvigorate the sector.
Amaroq taps Ellert Arnarson as its new finance chief
Southern Greenland-focussed mine developer Amaroq Minerals announced the appointment of Ellert Arnarson as its new chief financial officer on Friday, effective in August.
Shell to take up-to-$2bn hit on Dutch biofuels halt, Singapore sale
Oil and gas giant Shell is bracing for a financial impact of up to $2bn (£1. 6bn), it revealed on Friday, following its decision to halt construction on a major biofuels plant and sell a refinery in Singapore.
Asia report: Markets mixed as Japan's household spending drops
Markets in the Asia-Pacific region faced a mixed trading session on Friday, with significant fluctuations across the region.
Avant Homes said to have tabled secret takeover offer for Crest Nicholson
Crest Nicholson surged on Friday following a report that Avant Homes, which is owned by investment firm Elliott Advisors, has tabled a secret takeover offer for housebuilder.
Eurozone retail sales inch higher but miss forecasts
Retail sales in the eurozone rebounded in May after drop the previous month, according to data out on Friday from Eurostat, but rose less than expected.
Jefferies downgrades Softcat to 'underperform'
Analysts at Jefferies downgraded IT infrastructure provider Softcat to 'underperform' on Friday, citing "incremental caution" around the IT services sector.
Deutsche Bank starts Close Brothers at ‘buy’, shares surge
Deutsche Bank initiated coverage of Close Brothers on Friday with a ‘buy’ rating and 610p price target as it said the overhang on the shares has opened "considerable value".
Science in Sport raises £8m via placing
Performance nutrition business Science in Sport said on Friday that it has raised approximately £8. 0m via a placing of 47. 05m ordinary shares.
Citi cuts GSK target price after Arexy disappointment, but stays at 'buy'
Citi has reiterated its 'buy' rating on GSK despite a flurry of disappointing news for the biopharma giant in recent weeks, though the bank has slashed its target price for the stock by more than 10%.
Samsung profits set to soar on AI boom
Samsung Electronics forecast a surge in quarterly profits on Friday, as the boom in artificial intelligence powered demand for advanced semiconductors.
Time Out cuts ribbon on Barcelona market
Publisher and hospitality company Time Out Group announced the opening of Time Out Market Barcelona on Friday.
1Spatial hails strong order book and sales pipeline
AIM-listed 1Spatial, the location and geospatial data solutions group, said it expects to hit forecasts this year on the back of new contract wins and a "substantial" sales pipeline.
Europe open: UK election result in focus
European shares opened higher with the UK Labour Party's landslide election victory the main focus.
London open: FTSE gains after landslide Labour victory; housebuilders rally
London stocks rose in early trade on Friday, with housebuilders pacing the gains as Brits woke up to the first Labour government in 14 years.
Seeen losses narrow despite fall in revenue
Media and technology platform operator Seeen, which specialises in AI-driven video engagement, reported a mixed set of full-year results on Friday, with recurring technology revenue more-than-doubling to $0. 23m, from $0. 08m in 2022.