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FTSE rises on surging oil prices as Chinese demand perks up

A rally in the oil price on reports of higher demand in China helped lift oil majors BP and Shell, pushing the FTSE 100 0.3% higher to 7,049.

London Stock Exchange revenue up 5% in Q3; raises stake in LCH

London Stock Exchange Group said Friday third-quarter reported revenue rose 5% led by its information and clearing services unit.

Provident Financial feels more pain in home credit unit

Sub-prime lender Provident Financial said the performance at its home credit unit had been hurt in the third quarter as it enacts a restructure plan.

Man Group announces new $100m share buy back

Fund manager Man Group announced a new $100m share buy back to distribute proceeds of an investment gain.

Dechra Q1 performance in line; acquires Venco for £37.8m

Dechra Pharmaceuticals said it was 'confident' in delivering on full-year guidance after fiscal first-quarter performance was in line with management's expectations, led by growth in both EU and North American pharmaceuticals.

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