A surprise interest-rate cut in China saw equity markets surge on Friday with cyclical mining stocks benefiting and defensive stocks feeling the brunt from an increase in risk appetite. Cyclical sectors are those that are closely and positively correlated to economic activity and, in the case of the
Read moreUK stocks are expected to open in positive territory on Friday following two days of losses, tracking gains on Wall Street as indices set new record highs. City sources predict the FTSE 100 will open 17 points higher than Thursday's close of 6,678.9. Both the Dow Jones Industrial Average and S&P 50
Read moreTransport and energy company Stobart Group has sealed a deal to build a £110m combined heat and power (CHP) biomass plant at its site in Widnes in north-west England as well as a 16-year index-linked fuel supply agreement. Stobart said the CHP plant is due to start operating in December 2016 and wil
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