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Russia hikes rates unexpectedly due to currency weakness, risk of further sanctions
Central Bank of Russia surprised financial markets on Friday, hiking its main interest rate in response to the recent overshoot of its inflation target on the back of weakness in the rouble and food price inflation, although Governor Elvira Nabiullina had reportedly flagged that possibility a week beforehand.
Europe close: Stocks carried higher by positive sentiment on Wall Street
Stocks on the Continent finished higher going into the weekend, tracking fresh gains on Wall Street, where some of the main stockmarket gauges had notched-up fresh all-time highs just the day before.
FTSE 250 movers: Ted Baker looking good while Indian crash foists JP Morgan
London's FTSE 250 was up 0. 47% at 20,647. 05 in afternoon trade on Friday.
Sector movers: Miners and tobacco spark higher
Miners racked up strong gains on Friday, with cigarette companies sparking higher too.
Luxury goods momentum 'may fade', Credit Suisse downgrades Burberry
Credit Suisse downgraded Burberry to 'neutral' from 'outperform' on Friday and cut it target price to 2,100p from 2,200p as the luxury retailer is "lacking near-term catalysts" and signs the momentum in luxury goods demand may fade.
UK needs more part-time senior jobs to tackle 'motherhood penalty'
The Association of British Insurers have suggested introducing more part-time senior jobs in a move to tackle the “motherhood penalty” and reduce gender seniority gap.
London close: Stocks jump as risk of 'no-deal' rises, sinking the pound
London's top-flight index jumped on Friday as sterling slid on jitters about a no-deal Brexit, while a strong performance from the mining sector also provided a boost.
China demands US remove 'unjustifiable' sanction for Russian weapons purchase
China has demanded that the US remove sanctions placed on a defence agency and its director for purchasing Russian weapons.
US open: Small gains at the open following record highs in previous session
Friday trading on Wall Street kicked-off with some small gains following a record session the day before in which both the Dow and the S&P rose to fresh highs on the back of a strong showing from the technology sector.
Tesla loses another executive as supply management chief resigns
Tesla has lost another executive as the vice president of global supply management Liam O’Connor resigned on Friday, Bloomberg reported.
Broker tips: Paragon Banking, BBA Aviation
RBC Capital Markets initiated coverage of Paragon Banking Group at 'sector perform' with a 500p price target on Friday, noting that buy-to-let growth is still strong and Paragon is the only lender with an expanding margin.
Friday broker round-up
Paragon Banking Group: RBC Capital Markets downgrades to sector performer with a target price of 500p.
Regal Petroleum profits rocket as production kicks up a gear
Oil and gas exploration and production group Regal Petroleum saw its shares rise on Friday as its first-half profits shot up on the back of a jump in revenue.
Liberum reiterates 'buy' rating on BBA, says business concerns are 'overdone'
Analysts at Liberum believe fears surrounding BBA Aviation's US business jet flying activity are overdone, noting that recent soft data points were "within the normal range" of monthly fluctuation.
Theresa May says still 'long way apart' from EU on Brexit
UK Prime Minister Theresa May said Brexit negotiations were at an impasse and accused the European Union of not treating the UK with respect, sending the pound tumbling on Friday.
Director dealings: Scapa president lowers stake
Scapa's healthcare president Joseph Davin disposed of 83,358 ordinary shares in the AIM-listed firm on Friday.
Georgia Healthcare taps William Huyett to take over as chairman
Georgia Healthcare elevated non-executive director William Huyett to the role of chairman on Friday.
Gfinity enters partnership to design advanced esports facility
Esports experts Gfinity on Friday partnered with engineering firm Arup in order to design "the world's most advanced integrated esports facility".
Uber in talks to take over Deliveroo, hitting Just Eat
Uber is in early-stage talk to buy Deliveroo to boost its food delivery services, news that sent Just Eat shares sagging to a one-year low.