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Yellen says to expect 'gradual' interest rate hikes this year

Federal Reserve chairwoman Janet Yellen said investors should expect a "gradual" hike in interest rates by the end of the year, but warned the central bank will move cautiously.
[Yesterday 19:50]

Ukraine housing to receive $15bn loan from China

China is to loan Ukraine $15bn over the next 15 years, to aid in the development and construction of affordable housing, according to Ukraine's Ministry of Regional Development (UMRD).
[Yesterday 17:55]

Friday tips round-up: LSE, Amec FosterWheeler

The decision by Borse Dubai to get out of its stake in the London Stock Exchange can be put down to profit-taking. The LSE's shares rose 61% since 2007, easily outpacing the 15% rise seen in the FTSE All-Share over that same time frame. Nevertheless, it is always disconcerting to see a major shareholder sell out, especially when it means a potential acquirer is exiting the share register.
[Yesterday 17:06]

London close: UK stocks fall for fourth day as mining shares tank

UK stocks extended their losing streak into the fourth day on Friday as a sell-off in iron ore and a stronger dollar hit share prices in the mining sector.
[Yesterday 17:04]

B&Q boss to step down in Kingfisher restructuring move

B&Q UK boss Kevin O'Byrne will step down from his post as parent company Kingfisher undergoes some leadership restructuring.
[Yesterday 17:01]

Police face further allegations of VIP paedophile ring cover-up

New investigations into the involvement of corrupt police officers in an alleged VIP paedophile ring were launched on Friday.
[Yesterday 16:33]

Friday broker round-up

Aviva: Jefferies reiterates buy and ups target to 630p from 608p.
[Yesterday 16:29]

Sanne Group to raise 141m ahead of LSE debut

Independent fund and corporate administration provided Sanne Group has announced it intends to raise 141.6m ahead of its listing on the London Stock Exchange on 1 April.
[Yesterday 15:50]

Produce Investments chairman buys shares showing confidence

The chairman of Produce Investments bought some new shares showing confidence in the group after disappointing first half of the year.
[Yesterday 15:48]

BlackBerry posts surprise fourth quarter profit but revenue declines below expectations

Mobile phone giant BlackBerry swung to a profit in the fourth quarter, though revenue for the period declined more than expected.
[Yesterday 15:34]

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