Good news out of a clinical trial for an experimental treatment for the Covid-19 virus in the States helped lift the mood among investors across the Continent and helped to offset a grim set of economic data out of China.
Digital media and technology group Catenae Innovation has joined a consortium led by Z/Yen Group aimed at building a GDPR compliant identity documentation exchange system to record an individual's Covid-19 test status.
UK Chancellor Rishi Sunak announced on Friday the decision to extend the scheme allowing businesses to furlough employees during the Covid-19 crisis until the end of June.
London stocks finished in the green on Friday, despite disappointing Chinese data, as investors pinned their hopes on a potential coronavirus treatment.
Carmaker Ford issued a profit warning on Friday as the Covid-19 pandemic began to take its toll on sales across the auto industry.
The FTSE 100 ended the week down 55. 7 points at 5,786. 96.
Analysts at Berenberg slashed their target price on City Pub Group from 220p to 95p on Friday but said the group's recent fundraiser had left the company with a substantial level of liquidity and a best-in-class balance sheet.
A British health professor told lawmakers on Friday that the UK government had been too slow to act to protect Britons from the Covid-19 outbreak and predicted that the death toll from the pandemic could reach 40,000.
City Pub Group revealed on Friday that chairman Clive Watson had acquired 530. 811 ordinary shares in the AIM-listed landlord.
London’s FTSE 250 was up 2. 6% at 15,796. 81 in afternoon trade on Friday.
The Competition and Markets Authority said on Friday that it has provisionally cleared Amazon’s investment in Deliveroo "in light of a deterioration in Deliveroo’s financial position as a result of coronavirus", after the takeaway delivery company said it was at risk of collapse without it.
US stocks opened higher on Friday after Gilead Sciences revealed one of its drugs had shown effectiveness in treating Covid-19 symptoms.
Oil and gas development company Empyrean Energy announced on Friday that it was no longer proceeding with its proposed £1m placing.
London’s FTSE 100 was up 3% in afternoon trade on Friday to 5,800. 15 amid hopes of a potential coronavirus treatment.
Analysts at Berenberg slashed their target price on City Pub Group from 220. 0p to 95. 0p on Friday but said the group's recent fundraiser had left the company with a substantial level of liquidity and a best-in-class balance sheet.
Ferguson: Credit Suisse upgrades to neutral with a target price of 6,181p.
Credit Suisse upgraded its recommendation for shares of Ferguson and hiked its target price, pointing out the various positives in its equity story and arguing that even under its 'grey sky' scenario, the plumbing and heating products distributor's earnings were set to be more stable than in 2008-09.
Biotherapeutics-focussed pharmaceutical company 4D Pharma announced key findings of a planned interim analysis in its ‘BHT-II-0002’ study in irritable bowel syndrome (IBS) on Friday.
Analysts at Deutsche Bank kept their recommendation for shares of Vodafone at 'buy', despite their underperformance versus the sector and the wider market year-to-date.
Esports and gaming services company Gfinity has been selected by premier cricket broadcaster Willow TV, owned by the Times Group, to design and deliver ‘The eCricket Challenge’ in partnership with Betway.
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