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Mondelez exploring Hershey takeover - report
Snacks and sweets company Mondelez International is reportedly exploring an acquisition of US chocolate maker Hershey Co, in a potential deal that would create a food giant with combined sales of almost $5bn.
Renishaw co-founder Sir David McMurtry dies
Engineering firm Renishaw said on Monday that co-founder and non-executive director Sir David McMurtry has died suddenly.
FTSE 100 movers: Miners gain on China stimulus hopes; Vodafone drops
London’s FTSE 100 was up 0. 5% at 8,351. 72 in afternoon trade on Monday.
Morgan Stanley upgrades Weir, Spirax to 'overweight'
Morgan Stanley upgraded Weir Group and Spirax on Monday as it took a look at the European capital goods sector.
Deutsche Bank downgrades Ashtead to ‘hold’
Deutsche Bank downgraded its stance on equipment rental firm Ashtead on Monday to ‘hold’ from ‘buy’ as it said the stock was trading close to its 6,500p price target.
Shareholder advisory group ISS backs Boohoo in Mike Ashley board spat
Boohoo said on Monday that international shareholder advisory group ISS has recommended that its shareholders vote against resolutions seeking board representation from Mike Ashley’ Frasers Group.
London midday: FTSE maintains gains as China stimulus hopes lift miners
London stocks were still in the black by midday on Monday as hopes of further stimulus in China lifted the mining sector.
Shore Capital upgrades AJ Bell to ‘buy’ after share price weakness
Shore Capital upgraded AJ Bell on Monday to ‘buy’ from ‘hold’ following share price weakness.
London open: FTSE gains as investors eye Syria developments, Chinese inflation
London stocks rose in early trade on Monday as investors mulled political developments in the Middle East and the latest inflation data out of China.
London pre-open: Stocks to edge up; central bank announcements eyed
London stocks were set to edge up at the open on Monday as investors eyed a week packed with central bank policy announcements.
Monday newspaper round-up: Job vacancies, Mike Ashley, John Lewis Partnership
Rachel Reeves plans to end the UK’s “fractious” post-Brexit accord with the EU, a relationship she said had been defined by “division and chaos”, by promising closer ties in the first speech by a UK chancellor to eurozone finance ministers since 2020. Reeves will say she wants to adopt a “business-like” approach through an “economic reset” with the EU, offering the goal of driving up trade and growth. – Guardian.