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US pre-open: Stocks set to dip amid upward pressure on Treasury yields
Wall Street was set for a slightly lower open at the end of the week.
Inflation in Tokyo accelerates in December
Inflation in Tokyo accelerated in December, with core consumer prices rising 2. 4% year-on-year, slightly below market expectations of 2. 5%, according to government data released on Friday.
China industrial profits decline more slowly in November
China’s industrial profits declined by 7. 3% in November compared to a year earlier, a significant improvement from the 10% drop recorded in October, according to fresh data released on Friday by the National Bureau of Statistics (NBS).
Gelion confident after reporting narrower EBITDA loss
Energy storage technology company Gelion reported total income of £2m in its final results on Friday, primarily from research and development tax incentives and grant income, consistent with market expectations.
Europe open: Shares open higher after Xmas break; Delivery Hero slumps
European shares opened higher on the first trading day after the Christmas holiday break.
Europe midday: Shares extend gains on quiet day
European shares extended gains on the first trading day after the Christmas break.
London midday: FTSE flat in quiet holiday trade
London stocks were steady by midday on Friday in very quiet trade, with no news of any note to move markets as most traders were still away from their desks for the Christmas and new year break.
Genedrive upbeat on publication of clinical performance data
Point-of-care pharmacogenetic testing specialist Genedrive announced on Friday that clinical performance data for its Genedrive CYP2C19-ID Kit had been published in the Journal of Molecular Biology.
Asia report: Markets mixed amid fresh data from China, Japan
Asia-Pacific markets ended the day with mixed performances on Friday, as investors digested economic data from the region, including China’s industrial profit figures and Tokyo’s inflation numbers.
Rome Resources receives subscription funds from Stanvic
Democratic Republic of the Congo-focussed tin explorer Rome Resources announced the receipt of subscription funds from Stanvic on Friday, as part of its strategic investment initiative.
More retailers in 'critical financial distress'
The number of UK retailers facing "critical" financial problems rose more than 25% in the last three months, according to data released earlier by restructuring firm Begbies Traynor.
Delivery Hero slumps as sale of Taiwan subsidiary to Uber blocked
Delivery Hero tumbled on Friday after the sale of its Taiwan subsidiary to Uber Technologies was blocked.
London open: FTSE nudges down in very quiet trade
London stocks nudged lower in early trade on Friday in very quiet trade, with no news of any note to move markets as most traders were still away from their desks for the Christmas and new year break.
Two killed in further unrest near Gemfields Mozambique venture
Gemfields updated the market on the unrest in Mozambique on Thursday, reporting two deaths as “illegal” ruby mining groups exploited ongoing political instability.
Operations continuing at Kenmare mine despite Mozambique unrest
Titanium minerals and zircon-focused miner Kenmare Resources has reassured investors that operations at its Moma project in Mozambique are continuing as normal despite civil unrest spreading across the country.
Syncona investment sells cancer study assets to AstraZeneca for $12m
Life science investor Syncona said its investment Achilles Therapeutics has sold cancer study assets to AstraZeneca for $12m (£9. 58m).
SRT Marine Systems commences new Middle East contract
Maritime tech group SRT Marine Systems has said it has kicked off a new maritime domain awareness contract worth $9m over a 10-year period.
London pre-open: Stocks to nudge up in quiet trade
London stocks were set to nudge up at the open on Friday in very quiet trade, with most traders still away from their desks for the Christmas and new year break.
Syncona's Achilles sells tech assets to AstraZeneca, Gemfields reports more Mozambique unrest
London open The FTSE 100 is expected to open one point higher on Friday, having closed up 0. 42% in truncated trading on Christmas Eve at 8,136. 99.
Friday newspaper round-up: Steel industry, Daily Mirror, pensions
The UK steel industry has called for the government to promise to buy British as it prepares for a major expansion of offshore wind generation. Wind generation has become a key part of the UK’s energy system, contributing 29% of generated electricity in 2023. However, despite the huge increase in the number of turbines, only 2% of the steel used in British offshore wind projects over the past five years was made in the UK, according to a study by the consultants Lumen Energy & Environment, commissioned by UK Steel, a lobby group.