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Sovereign Mines of Africa fails to find strategic partner, posts loss
Shares in Sovereign Mines of Africa plunged as it moved to fully impair the value of its exploration assets after failing to sign a strategic partner to fund the advance of the Mandiana Gold Project to a definitive feasibility study.
Total says panic fuel buying hits a quarter of its stations
French oil and gas company Total said more than a quarter of its petrol stations across France have either partially or completely run out of fuel after striking French oil workers sparked a wave of panic buying in some regions.
World Bank boss warns of Brexit danger to developing nations
World Bank president Jim Yong Kim has warned of the escalating dangers to developing nations already hurting from a slump in commodity prices if Britain votes to leave the European Union in June.
Tory faithful swing towards voting for UK to stay in EU - poll
With just a month to go before Britain votes on whether to remain part of the EU, or not, yet another opinion poll has put the remain campaign in front of the leave, this time thanks to a marked shift in sentiment among Tory voters.
US open: Stocks rise despite hawkish Fed speakers
US stocks gained on Monday as investors seemed unfazed by hawkish statements from Federal Reserve officials and a worse-than-expected manufacturing report.
Quixant, Ainsworth extend relationship for five years
Specialised computing platform provider Quixant announced the signing of a multi-year contract on Monday, with gaming solutions manufacturer Ainsworth Game Technology.
Risks of inflation expectations becoming de-anchored have increased, ECB´s Praet says
Policymakers at the European Central Bank still have room to ease monetary policy further if deemed necessary, its chief economist said.
ServicePower secures deal with Canada-based Kambio
Workforce management software company ServicePower Technologies announced a new contract win on Monday, securing a deal with Canada-based preventative auto maintenance services firm Kambio for its Nexus FS Field Service Management software.
Eurozone consumer sentiment improves in May, beats views
Consumer sentiment in the Eurozone rose to its highest level since January in May, according to a flash estimate released by the European Commission.
Dods Group swings to annual profit
Parliamentary communications company Dods Group reported on a year of improved revenue and earnings on Monday, with revenue rising to £19. 6m from £18. 3m in the 12 months to 31 March.
FTSE 100 movers: Royal Mail boosted by upgrade; Inmarsat slumps
London’s FTSE 100 index was down 0. 2% to 6,145. 76 in afternoon trading.
US manufacturing PMI unexpectedly slips in May
Markit’s flash US manufacturing purchasing managers’ index fell to 50. 5 in May from 50. 8 in April.
Metal Tiger creates chief technical position
Strategic natural resource investor Metal Tiger announced the creation of a chief technical officer position on Monday, to “further build the management team”.
FTSE 250 movers: Easing Brexit fears lift Redrow and Countrywide
The FTSE 250 was not far off its three-month high on Monday afternoon, up 0. 71% at 17,042. 61 as a buoyant handful of challenger banks and property-related stocks outweighed those hit by the oil price retreat.
UK would enter year-long recession after Brexit, says Treasury
Britain would enter a year-long recession with a 3. 6% growth slump and 500,000 jobs lost if it left the European Union, according to a Treasury analysis.
US labour market may put upward pressure on inflation, says Fed's Bullard
The United States' relatively tight labour market may place upward pressure on inflation, strengthening the case for higher interest rates in that country, said St Louis Federal Reserve president James Bullard.
Bacanora raises £7.7m in placing with BlackRock
Shares in lithium company Bacanora Minerals are up more than 9% after it confirmed raising about £7. 7m through the placing of 9. 75m units at 79p each with certain funds and accounts managed by BlackRock.
Mariana reports more high-grade intercepts at Hot Maden
Shares in Mariana Resources were up 12% as the company reported further high-grade intercepts at the Hot Maden Gold-Copper Project in Turkey.
US central bank to hike rates three or four times in 2017, Fed´s Williams says
The US central bank would likely raise interest two or three times over what was left of 2016, a regional Federal Reserve boss said on Monday.
4D Pharma irritable bowel treatment proves safe in clinical trial
Early clinical trials of 4D Pharma's treatment for irritable bowel syndrome (IBS) have successfully shown Blautix to be safe and well tolerated.