Full List Of Stories
Petrofac suspended by ADNOC from competing for new awards, shares tank
Petrofac shares tanked on Monday after the oilfield services provider said it had been notified by the Abu Dhabi National Oil Company (ADNOC) that it has been suspended from competing for new awards until further notice.
FTSE 100 movers: Oil giants in the red; Flutter flies higher
London’s FTSE 100 was down 0. 4% at 6,732. 13 in afternoon trade on Monday.
Roche to buy US-based GenMark Diagnostics in $1.8bn deal
Switzerland’s Roche said on Monday that it has agreed to buy US-based GenMark Diagnostics for $24. 05 a share or $1. 8bn, in an all-cash deal.
Empire State manufacturing index beats expectations
Manufacturing activity in the New York jurisdiction improved more than expected in March, according to a survey released on Monday.
London midday: Stocks a little higher on US stimulus, vaccine hopes
London stocks were off earlier highs but still in the black by midday on Monday, with sentiment underpinned by vaccine optimism and the US stimulus package.
Berenberg initiates ‘not for the faint-hearted’ Boohoo at ‘buy’
Berenberg initiated coverage of Boohoo at ‘buy’ on Monday even as it conceded that shares of the scandal-hit fast-fashion retailer are "not for the faint-hearted".
Recently-floated Moonpig a ‘buy’ for Jefferies, Citi, Numis and JPM
Analysts were out in force on Monday initiating coverage of online greeting card retailer Moonpig, which only just floated on the stock exchange, with the shares proving to be a ‘buy’ for all.
London open: Stocks rise on vaccine optimism, US stimulus
London stocks rose in early trade on Monday, with sentiment underpinned by vaccine optimism and the US stimulus package.
DCC buys primary care supplier Worner for €80m
Sales, marketing, and support services group DCC has agreed to buy Wörner, a supplier of medical and laboratory products to the primary care sector in Germany and Switzerland, for around €80m.
London pre-open: Stocks to rise on US stimulus package
London stocks were to set to rise at the open on Monday as investors continue to cheer the US stimulus package.
Monday newspaper round-up: Car manufacturers, Woodford, store closures
Britain’s biggest car manufacturers lobbied the government to delay a ban on petrol and diesel cars by warning that sales would plunge and jobs would be at risk from accelerating the transition to electric vehicles, the Guardian can reveal. The government announced in November that it would move forward a ban on the sale of pure internal combustion engine cars from 2040 to 2030, but said that it would allow the sale of hybrid vehicles until 2035, in a significant victory for the car industry.