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London close: Shares rise on 'Bleak Friday' for households
London stocks finished in the green on Friday, as investors digested a US non-farm payrolls report that fell short of forecasts, as well as an earlier reading on the UK manufacturing sector.
Europe close: Shares shrug off US jobs, EZ inflation data
European shares shrugged off weaker-than-expected US jobs and eurozone inflation data and threats to gas supplies from Russia to close out the week in positive mood.
EU tables plan allowing Ukrainians to convert hryvnia to euros
The European Commission has tabled proposals that would allow refugees from Ukraine to convert their hryvnia currency into euros.
Weekly review
The FTSE 100 ended the week 54. 55 points higher, closing at 7,537. 90 on Friday.
Director dealings: Ian Mattioli makes £1.17m sale, bonus shares bought for Restaurant Group execs
On the buyers’ side of the ledger on Friday were two executives at the Restaurant Group, with shares purchased to be held for three years for them as part of its deferred bonus scheme.
Criminal proceedings launched against P&O over sackings
Criminal and civil investigations have been launched into the decision by P&O Ferries to sack nearly 800 workers without notice, the Insolvency Service said on Friday.
Tate & Lyle to raise prices further amid Ukraine conflict
Ingredients giant Tate & Lyle indicated prices on its products would be rising on Friday, as it faced mounting cost pressures as a result of Russia’s ongoing invasion of Ukraine.
Trident Royalties announces first gold pour at Santa Luz
Trident Royalties announced on Friday that Equinox Gold has successfully poured first gold at the Santa Luz Mine in Brazil.
Plant Health Care appoints Argentina and Uruguay distributor
Agriculture-focussed biological products developer Plant Health Care announced plans to start commercial sales in two “new and significant” markets on Friday, appointing Ager Agro as a distributor of its ‘ProAct’ product in Argentina and Uruguay.
Petropavlovsk said to be lining up advisers for debt talks
Gold miner Petropavlovsk, which has operations in Russia, is reportedly lining up advisers to help restructure its borrowings.
TP Group sells Northstar software to QinetiQ
TP Group announced on Friday that it has agreed to sell its Northstar autonomous navigation software to QinetiQ for cash consideration of £0. 6m.
Simec Atlantis gets £2.5m Scottish Enterprise loan for tidal project
Simec Atlantis Energy announced on Friday that its majority-owned MeyGen tidal project has secured a non-convertible loan of £2. 5m from Scottish Enterprise.
Bitcoin miner Prime Blockchain agrees to go public in SPAC deal
Bitcoin miner Prime Blockchain has agreed to be taken public in the US as part of a special purpose acquisition company (SPAC) merger valuing the combined entity at $1. 25bn.
Broker tips: Bridgepoint, Kooth, Close Brothers
Citi upgraded its stance on private equity firm Bridgepoint on Friday to 'buy' from 'neutral' as it said the share price fall was overdone.
FTSE 250 movers: Bridgepoint boosted by upgrade; Provident gives back some gains
London’s FTSE 250 was up 0. 4% at 21,233. 13 in afternoon trade on Friday.
FTSE 100 movers: Reckitt rallies; Electrocomponents loses ground
London’s FTSE 100 was up 0. 3% at 7,541. 56 in afternoon trade on Friday as investors mulled over the latest US non-farm payrolls report.
US open: Stocks trade higher despite NFP miss
Wall Street stocks were in the green early on the first day of Q2 trading as investors thumbed over March's all-important nonfarm payrolls report.
CareTech founders make improved proposal to take it private
CareTech announced an improved possible offer for the company on Friday, as its co-founder brothers continued their plans to take it private.
Citi upgrades Bridgepoint, says share price fall overdone
Citi upgraded its stance on private equity firm Bridgepoint on Friday to ‘buy’ from ‘neutral’ as it said the share price fall was overdone.
Pan African launches one-month share buyback
South African gold producer Pan African Resources began the first phase of a share buyback programme on Friday, to purchase up to ZAR 50m (£2. 6m) of shares back over one month.
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