Fixed Income in the News
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Hammerson annual loss almost doubles
Hammerson’s annual loss more than doubled as the value of its properties dropped and rental income plunged during the Covid-19 crisis. The…
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Renault sells Daimler stake for 1.14bn
France’s Renault said on Friday that it has sold its entire stake in German car maker Daimler for around 1.14bn as it…
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JD Sports moves into Eastern Europe with MIG stake
JD Sports Fashion made its first foray into central and eastern Europe after buying a 60% stake in Poland’s Marketing Investment Group…
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London pre-open: Stocks seen lower as investors digest GDP
London stocks were to fall at the open on Friday as investors digest the latest UK GDP reading. The FTSE 100 was…
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Friday newspaper round-up: Odey, Royal Mail, Barclays
Football Index, the self-styled “football stock market”, appeared to be heading into administration on Thursday evening, five days after a massive crash…
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Berkeley says profit on track to match year before
Berkeley Group said it was on track to report annual profit similar to the year before after “robust” trading in the four…
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Burberry lifts FY guidance as trading rebounds
Luxury goods brand Burberry on Friday lifted full-year guidance after reporting a “strong rebound” in trading since December. In an unscheduled trading…
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Sector movers: Technology plays catch-up with US peers
Technology shares fared best on Thursday, as investors played catch-up with US peers in the wake of the recent rally on the…
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Friday preview: UK GDP, Hammerson in the spotlight
Financial markets’ focus at the end of the week will be on the release of a barrage of monthly activity indicators for…
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Cobham sells Oil and Gas aviation unit to CHC Group
Babcock has clinched a deal to hive off its sale of its Oil and Gas aviation unit to CHC Group. The unit,…
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