Adidas Rises, Centrica Investment, Gold Dips,
On this episode of Stock Movers:
- European sportswear stocks are rising on Friday after US giant Nike said its yearlong sales decline is starting to ease, with a smaller sales drop seen in the current quarter than earlier anticipated.
- All sides are keen to reach a final investment decision on the project before parliament’s recess on July 21, Financial Times reports, citing unidentified people familiar with the discussions.
- Gold headed for its second consecutive weekly loss, after a ceasefire between Israel and Iran dented demand for havens.
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