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Market report: Fosun bid buoys Thomas Cook, Ferguson falls on quarterly sales miss

London’s FTSE 100 firms 43 points to 7,375 early on Monday as strong export data out of China and the reaching of a deal between the US and Mexico providing relief to markets rattled by President Donald Trump’s aggressive trade bargaining. Hard-pressed holidays company Thomas Cook (TCG) sparks up 23% to 19.8p as it confirms talks are underway with its largest shareholder, the Chinese group ...

Market report: EasyJet loses altitude, Rio Tinto rises on production resumption

London’s FTSE 100 firms 66 points to 7,345 on Monday, with the surprise news overnight that China’s manufacturing sector returned to growth in March providing a boost for miners and global advertising group WPP (WPP) in demand due to a broker upgrade. Budget airline EasyJet (EZJ) loses altitude, shares marked 7.25% lower to £10.37 as the low-cost carrier issues a more cautious outlook for ...
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