Full List Of Stories
London close: Stocks give up gains to finish in the red
London stocks ended lower on Monday, after the People’s Bank of China made bigger-than-expected cuts to loan prime rates, while UK house price growth stagnated.
Tristel full-year results top market expectations
Infection prevention products manufacturer Tristel announced its audited results for the year ended 30 June on Monday, surpassing market expectations.
Yellow Cake confident despite fall in uranium prices
Yellow Cake, a specialist company holding physical uranium for long-term investment, reported a 4. 4% decrease in the value of its uranium holdings during the September quarter on Monday.
Midwich revises expectations amid challenging market
Audio-visual distribution specialist Midwich Group revised its expectations for the year on Monday, amid persistently challenging market conditions.
Elixirr acquires Hypothesis Group in $45m deal
Elixirr International announced the acquisition of Hypothesis Group, a US-based insights and strategy firm, for a maximum consideration of $45m on Monday.
UK consumer confidence picks up in October
UK consumer confidence improved in October, according to fresh survey data released on Monday, with the S&P Global UK consumer sentiment index rising to 47. 3, from 46. 0 in September.
FCA fines VW Finance £5.4m for unfair customer treatment
The Financial Conduct Authority (FCA) has fined Volkswagen Financial Services UK £5. 4m for failing to treat customers in financial difficulty fairly, it announced on Monday.
PureTech's Seaport closes $225m series B round
PureTech Health announced on Monday that Seaport Therapeutics, a company it founded, has closed an oversubscribed $225m series B financing round.
CLIG reports 4.8pc rise in funds under management
City of London Investment Group (CLIG) reported a 4. 8% increase in funds under management (FuM) for the quarter ended 30 September on Monday, rising to $10. 7bn from $10. 2bn at the end of June.
Ocean Wilsons agrees sale of Wilson Sons stake
Ocean Wilsons announced on Monday that its subsidiary OW Overseas Investments has agreed to sell its 56. 47% stake in Brazilian port operator Wilson Sons to SAS Shipping Agencies Services, a subsidiary of MSC Mediterranean Shipping Company.
Ricardo to offload defence business
Ricardo announced its intention to divest its defence business on Monday, as part of its broader strategy to focus on environmental and energy transition consulting.
Asia report: Markets mixed as China cuts loan prime rates
Asia-Pacific markets showed mixed performances on Monday as investors weighed China’s decision to cut its loan prime rate.
Starwood European Real Estate impairs Ireland office portfolio loan
Starwood European Real Estate Finance (SWEF) updated the market on its loan investment in its Ireland office portfolio on Monday, reporting a remaining balance including accrued interest of €25. 9m as at 30 September.
Petrofac extends forbearance deal on senior secured notes
Petrofac announced an extension to its forbearance agreement regarding the non-payment of the interest coupon on its senior secured notes on Monday.
AstraZeneca nerve treatment gets EU approval, FirstGroup acquires Anderson Travel
London open The FTSE 100 was expected to open higher on Monday, having closed down 0. 32% on Friday at 8,358. 25.