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31 May
Week ahead: US non-farm payrolls, global PMIs in the spotlight

Financial markets' focus over the coming week will be squarely on the release of the official monthly US jobs report.

28 May
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Europe close: Stocks brush-off inflation readings helped by reports on US stimulus

European shares pushed further into record territory on Friday with investors apparently brushing off data in the US showing quickening inflation.

28 May
la-fed-fixe-les-besoins-de-fonds-propres-supplementaires-pour-les-grandes-banques-americaines
US personal incomes fall sharply in April, inflation picks up

Personal income growth in the States slowed sharply last month, but only on account of comparison with the previous month, when the Biden administration's mammoth $1. 9trn American Rescue Plan Act kicked into effect.

28 May
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London close: Stocks cling to gains ahead of Biden's big spend

London stocks remained above the waterline at the close on Friday, shortly before Joe Biden was due to take the wraps off his spending plans as US president, which are expected to be in the region of $6trn (£4. 23trn).

28 May
Weekly review

The FTSE 100 ended the week 4. 56 points higher, closing on Friday at 7,022. 61.

28 May
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Bitcoin mine found in UK during police raid

A massive bitcoin mine was found in the UK this week following a police raid on a suspected cannabis farm.

28 May
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Boeing in talks with FAA regarding undelivered 787 Dreamliners

Boeing announced on Friday it was providing the US Federal Aviation Administration with more information regarding undelivered 787 Dreamliners.

28 May
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Director dealings: Trainline director makes share purchase

Trainline said on Friday that non-executive director Duncan Tatton-Brown had acquired 35,410 ordinary shares in the FTSE 250-listed ticketing platform.

28 May
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Broker tips: C&C Group, Vistry, Countryside Properties

Analysts at Berenberg lowered their target price on brewer C&C Group from 345. 0p to 292. 0p on Friday despite stating the group appeared to be positioning itself for recovery.

28 May
wall street
US open: Stocks advance, major indices on course to end week in the green

Wall Street stocks were in the green early on Friday, putting major indices on track for a winning week.

28 May
US consumer sentiment deteriorates amid inflation worries

US consumer sentiment deteriorated in May amid concerns about inflation, according to a final reading from the University of Michigan.

28 May
Chicago PMI hits best level since 1973

Economic activity in the Chicago area unexpectedly improved in May, according to data released on Friday.

28 May
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FTSE 250 movers: Vistry boosted by upgrade; Restaurant Group retreats

London’s FTSE 250 was up 0. 4% at 22,749. 97 in afternoon trade on Friday.

28 May
St Andrews Ridge Persimmon Homes
FTSE 100 movers: Housebuilders bounce back; Antofagasta falls

London’s FTSE 100 was up 0. 4% at 7,050. 44 in quiet afternoon trade on Friday, with many traders away from their desks already ahead of the Bank Holiday weekend and half-term next week.

28 May
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Panthera begins drill programme at Labola project

West Africa and India-focussed gold exploration and development company Panthera Resources announced on Friday that the reverse circulation drill rig has arrived on site at the Labola Wuo Land Project in Burkina Faso.

28 May
internet computers
Kape enters new debt facility deal with six banks

Security and privacy software company Kape has entered into an agreement with its existing bank syndicate of Bank of Ireland, Barclays Bank and Citi Commercial Bank, as well as three new banks being Citizens Bank, BNP Paribas and Leumi Bank, to provide new senior secured bank facilities of up to $220m, it announced on Friday.

28 May
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Shield Therapeutics appoints industry veteran Greg Madison as CEO

Commercial stage pharmaceutical company Shield Therapeutics announced on Friday that Greg Madison has been appointed as its chief executive officer, with effect from 1 June.

28 May
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Agronomics investment in CellX converts to equity

Alternative proteins and cultivated meat company Agronomics announced on Friday that its portfolio company CellX had completed its seed financing round.

28 May
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Real Good Food gets shareholder help with disposal costs

Real Good Food updated the market on the completed disposal of Brighter Foods on Friday, reporting that major shareholders Napier Brown, Omnicane, and certain funds managed by Downing had each agreed to contribute £0. 18m towards the costs it incurred around the sale.

28 May
edgar test 10
Beowulf 'eager' to get started on drill targets

Mineral exploration and development company Beowulf Mining updated the market on its March quarter on Friday, having increased its ownership of Vardar Minerals to 48. 4% from 46. 1% for £0. 2m, in February.

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Important Legal Notice about News Sources

Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles and we may not share the views of the author or publisher.

We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.