Market Pulse
Quanex makes increased final offer for Tyman
Quanex Building Products has announced a revised and final proposal for its acquisition of Tyman, increasing the cash component of the deal.
UK economy grows faster than first estimated in Q1
The UK economy grew faster than first thought in the first three months of the year, according to data released on Friday by the Office for National Statistics.
London pre-open: Stocks to rise as economy grows faster than expected
London stocks were set to rise at the open on Friday as investors mulled better-than-expected UK GDP data.
Friday newspaper round-up: Port Talbot, Elon Musk, Amazon
Tata Steel has told workers it could to cease operations at its steel plant in Port Talbot months earlier than planned because of a strike. The company had been planning to shut down one of the blast furnaces by the end of June and the second one by September. But workers at the south Wales site have been told that Tata plans to cease operations at both furnaces no later than 7 July because of the strike by members of Unite, which starts the following day. – Guardian.