FTSE tracks Europe higher; Shire shines [Reuters (UK)]
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Source: Reuters
FTSE tracks Europe higher; Shire shines | Reuters 4 Min Read MILAN (Reuters) - Britain’s top share index tracked higher European markets on Friday with the mood buoyed by easing trade worries, while Shire rose after China cleared Takeda’s plans to buy the drugmaker. The FTSE 100 .FTSE ended up 0.3 percent, underpinned by gains among industrials and materials sectors, which more than offset weakness among utilities, hit earlier this week by a profit warning from SSE ( SSE.L ). “Traders (are) hopeful about U.S.-China trade talks despite President Trump being the fly in the ointment, downplaying prospects for quick negotiations,” Accendo Markets analayst Mike van Dulken said. President Donald Trump said on Thursday that the United States was under no pressure to make a trade deal with China, even as Chinese officials welcomed an invitation from Washington for a new round of talks with more U.S. tariffs looming. After the European close, however, markets were unnerved after a Bloomberg
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