UPDATE 1-FTSE tracks Europe higher; Shire shines [Reuters (UK)]
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Source: Reuters
UPDATE 1-FTSE tracks Europe higher; Shire shines | Reuters 4 Min Read * FTSE 100 up 0.3 pct * Shire gains after China nod to Takeda deal * Housebuilders in focus * Investec rallies on spin-off plans (Adds closing) By Danilo Masoni MILAN, Sept 14 (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 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. “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 a
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