Tuesday, 26th May 2015

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Retail sales volumes jump and expectations rise to 27-year high, says CBI

Tue 26th May 15, 12:24:22

Expectations for retail sales growth are at their highest for 27 years, according to the Confederation for British Industry (CBI), after retail sales volumes jumped 1.2% month-on-month in April.

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PureTech looks to raise $160m with London listing

US-based PureTech Health hopes to raise $160m in a London listing, in efforts to fund extended product development. 2 hours ago

Nestle's bottling plans for drought-hit Oregon encounter more opposition

Lawmakers and environmental activists are coming out against Nestle SA's plan to bottle Oregon's spring water, saying that the company shouldn't be allowed to profit from a natural resource as drought spreads across the state, according to Bloomberg. 1 hour ago

US durable goods orders drop in April, as expected

US durable goods orders fell as expected in April, although the previous month's count was revised significantly higher. 57 minutes ago

Dixons Carphone's risks are overstated and shares undervalued says bullish Exane

Exane has lifted its target price for Dixons Carphone and said the share remains one of its top picks in the sector, with momentum "amongst the best in the sector, yet valuation is amongst the lowest". 2 hours ago

PowerFilm to cancel trading of its shares

PowerFilm said it will cancel the admission of its common shares to trading on Aim. 2 hours ago

Sturgeon criticises Westminster spending cuts

In her first major speech since the general election, Scotland's first minister Nicola Sturgeon attacked the "scale and speed" of government spending cuts. 2 hours ago

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