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Week ahead: Ukraine conflict, Fed and ECB in focus
Investors' attention over the coming week will be on the conflict in Ukraine as they try to gauge the medium-term fallout.
Europe midday: Shares surge as Russia sanctions not as harsh as feared
European shares rebounded strongly on Friday after a late Wall Street rally overnight and despite the unprovoked Russian invasion of Ukraine.
Europe close: Stocks bounce as investors analyse sanctions and amid reports of possible Ukraine-Russia talks
European shares rebounded strongly after a late Wall Street rally overnight that was fuelled by news that some of the heaviest possible sanctions against Moscow had not yet been adopted, no widening in the conflict and reports of possible talks between Moscow and Kiev.
Putin ready to send a delegation to Minsk for talks
Russian President Vladimir Putin is prepared to dispatch a delegation to Minsk for negotiations with their Ukrainian counterparts, following an overture in that regard from Ukrainian officials.
London close: Stocks firmer as bargain hunters swoop in
London stocks managed a positive finish on Friday, following heavy losses in the previous session on the back of Russia’s full-scale invasion of Ukraine.
Director dealings: Kerry CFO invests, Character Group corrects tender offer amounts
Irish food company Kerry Group was at the top of the buyers’ list on Friday, having disclosed a purchase worth more than £0. 33m.
Tintra sale of lottery business moves to final phase
Tintra updated the market on the sale of certain assets of its lottery administration business Prize Provision Services to Sterling Management Centre on Friday.
Logistics Development Group launches share buyback programme
Logistics Development Group (LDG) announced a share buyback programme on Friday, to purchase and cancel up to 140,441,180 shares before 7 July 2023.
Petro Matad reports progress amid some local difficulties
Mongolia-focussed oil company Petro Matad updated the market on its operations on Friday, reporting that at the Block XX exploitation area, it had advanced negotiations with operational service providers for the 2022 work programme, and secured some price reductions compared to the 2019 programme.
Concurrent Technologies launches new plug-in card product
Embedded computer board company Concurrent Technologies announced the launch of a new plug-in card (PIC) on Friday.
Broker tips: BP, BAE Systems, Rentokil, Segro
RBC Capital Markets upgraded BP to 'outperform' from 'sector perform' on Friday and lifted its price target on the stock to 450. 0p from 430. 0p.
Durable goods orders fly past forecasts in January
Durable goods orders in the US continued to grow at a very quick pace at the start of 2022.
US personal consumption holds up better than expected at the start of 2022
Americans opened their wallets and spent freely at the start of the year despite a lack of further income growth.
US consumer confidence edges up in late February, University of Michigan says
US consumer confidence continued to languish near its weakest level in the past decade amid rising inflation, the results of a closely-followed survey revealed.
US open: Stocks mixed as Russia marches on Kyiv
Wall Street stocks were mixed early on Friday after major indices staged a sharp reversal in the previous session following Russia's invasion of Ukraine.
FTSE 250 movers: Wizz flies higher; IMI down after results
London’s FTSE 250 was up 2. 8% at 20,820. 28 in afternoon trade on Friday.
FTSE 100 movers: Evraz rallies; Avast in the red
London’s FTSE 100 was up 3. 1% at 7,429. 82 in afternoon trade on Friday.
SSE lining up banks for £10bn network assets sales - report
SSE has reportedly has lined up banks to lead the sale of minority stakes in two electricity networks as it seeks funds for its green spending drive.
Berenberg raises target price on Segro
Analysts at Berenberg raised their target price on real estate investment trust Segro from 1,500. 0p to 1,560. 0p on Friday, stating the firm was now "justifying its premium rating".
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