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Petrofac suspended from competing for new Abu Dhabi awards, shares tank
Petrofac shares tanked on Monday after the oilfield services provider said it had been notified by the Abu Dhabi National Oil Company…
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Optimism in UK economy highest since 2015 – survey
Confidence in the UK economy has surged as the vaccine rollout gathers pace, a survey showed on Monday. According to the latest…
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Jefferies ups price target on Ladbrokes owner Entain
Jefferies has upped its price target for Entain on growing success of gaming joint venture BetMGM. The bank said that BetMGM, Entain’s…
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RBC Capital raises target price on Ashtead
Analysts at RBC Capital Markets raised their target price on equipment rental firm Ashtead from 3,200.0p to 3,800.0p on Monday following the…
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European Union mulling order for Sputnik V – report
The European Union is reportedly considering ordering Russia’s Sputnik V Covid-19 vaccine, as it looks to get its embattled vaccination programme back…
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Danone CEO forced out after shareholder pressure
Activist shareholders have succeeded in forcing the departure of Danone chairman and chief executive Emmanuel Faber after complaints about the yoghurt-maker’s financial…
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Deliveroo looks to raise £1bn through London listing
Deliveroo expects to raise around £1bn from its planned London flotation, the food delivery firm said on Monday. The company said its…
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London midday: Stocks a little higher on US stimulus, vaccine hopes
London stocks were off earlier highs but still in the black by midday on Monday, with sentiment underpinned by vaccine optimism and…
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Shopping centre revival fuels rise in UK shopping visits – survey
Weekly retail footfall in the UK rose 7%, suggesting pent-up demand among shoppers during the third Covid-19 lockdown, a survey showed. Footfall…
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Europe midday: Economic recovery hopes, calm bonds drive shares
European shares were still higher at midday, driven by hopes of a swift economic recovery, calmer bond markets and the departure of…
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