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CMA launches probe into Amazon and Google over fake reviews
The Competition and Markets Authority announced on Thursday that it will investigate tech giants Amazon and Google over whether the two firms broke consumer law by taking insufficient action to take down fake reviews on their sites.
Week ahead: US non-farm payrolls, Global factory PMIs in focus
Financial markets' focus over the coming week will be squarely on the release, on Friday, of the US non-farm payrolls report for June.
Virgin Galactic stock up 12% after receiving approval from FAA
Virgin Galactic’s shares were trading up 12% in premarket trading on Friday after it announced that the US Federal Aviation Administration had granted the license it needs to fly passengers into space.
Europe close: Stocks mostly higher following US infrastructure deal
European shares were mostly higher on Friday as investors cheered a deal on Capitol Hill on President Joe Biden's proposed infrastructure spending package.
London close: Stocks move higher as Fed concerns ease
London stocks finished higher at the end of the week as investors welcomed news of a bipartisan agreement on a package of infrastructure spending in the US.
Merkel and Macron meet opposition over proposed summit with Putin
German and French leaders, Angela Merkel and Emmanuel Macron, have met opposition from some European Union states over a proposed summit with Russian Federation president Vladimir Putin.
HSBC upgrades Aveva ahead of Capital Markets Day
Analysts at HSBC upgraded their recommendation for shares Aveva ahead of the software maker's 1 July Capital Markets Day, its new chief executive officer's first.
Director dealings: Whitbread director ups stake
Whitbread revealed on Friday that non-executive director David Atkins had acquired 1,000 ordinary shares in the FTSE 100-listed hotel operator.
US consumer confidence edges lower in June, University of MIchigan says
Americans grew a bit more confident in June, albeit not by as quite as much as expected, the results of a closely-followed survey revealed.
EU closes deal on farming subsidies after three years of talks
The European Union finally struck a deal on Friday to reform farm subsidies after three years of negotiations.
Broker tips: Greggs, WPP
Analysts at Berenberg raised their target price on bakery chain Greggs from 2,100. 0p to 2,950. 0p on Friday, stating the group was now "delivering the goods".
Credit Suisse upgrades WPP
Credit Suisse upgraded WPP to ‘neutral’ from ‘underperform’ on Friday and lifted the price target to 1,060p from 835p as it argued that a record advertising recovery is overriding structural concerns.
US open: Dow Jones up 200 points in early trade, S&P 500 hits another record high
Wall Street stocks moved mostly higher at the open on Friday, with the S&P 500 on track for its best week since April.
New virus Crackonosh mines bitcoin from victims' computers
At this rate, bitcoin mining is on its way to becoming an Olympic sport. The cryptocurrency craze has sparked the imaginations of hackers, who have invented a virus called Crackonosh to use the power of an infected users's PC for crypto mining.
FTSE 250 movers: Wood Group recovers; Crest Nicholson gives back gains
London’s FTSE 250 was up 0. 4% at 22,604. 76 in afternoon trade on Friday.
Euro area money supply growth slows a tad more than expected in May
Money supply growth in the Eurozone slowed a bit more quickly than anticipated last month, but economists said the data continued to point towards "solid" growth.
FTSE 100 movers: JD Sports boosted by Nike results; travel stocks fall
London’s FTSE 100 was up 0. 3% at 7,132. 19 in afternoon trade on Friday.
US personal incomes and spending print ahead of forecasts in May
Americans continued splashing out at a stronger-than-expected pace last month, helped by faster than expected income growth.
Rockwell Automation to buy Plex Systems for $2.2bn in cash
Rockwell Automation has agreed to buy business software maker Plex Systems for $2. 2bn in cash in a deal that is expected to be immediately accretive to Rockwell operating margins.
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