Latest News
US elections will not influence central bank policy, Fed´s Williams says
Rate-setters in Washington would not hold back from tightening monetary policy in 2016 on account of the US presidential elections, a regional Fed boss said.
Highlands Natural Resources signs licence deal with Calfrac Well Services
Highlands Natural Resources has signed a licence agreement with US pressure-pumping provider Calfrac Well Services for the use of its DT Ultravert re-fracking technology.
US economy on verge of meeting conditions for another rate hike, Fed´s Rosengren says
The US economy was on the cusp of meeting most of the conditions set out by the country´s central bankers to tighten monetary policy again, a top official said over the weekend.
HSBC upgrades Weir to 'buy', lifts Smiths target price
HSBC upgraded Weir to ‘buy’ from ‘hold’ and lifted the price target to 1,450p from 1,150p as it took a look at UK engineers.
Results round-up
Low-cost carrier Ryanair reported a jump in full-year profit but cautioned that profit growth for this year is likely to be modest.
China slowdown sinks earnings at Aquatic Foods
Chinese marine foods and seafood processor and producer Aquatic Foods Group reported a drop in revenues and profits on Monday, citing growing pressure from a slower domestic economy.
Deutsche Bank downgrades Stoxx 600 year-end target
Deutsche Bank slashed its year-end target for the Stoxx 600 index and said it sees no further upside for European equities for the rest of the year.
Broker tips: Sports Direct, Royal Mail, Inmarsat
Goldman Sachs has downgraded Sports Direct International to a 'neutral' rating and taken the retailer off its Pan-Europe Buy List after cutting its earnings per share (EPS) forecasts for this and next year.
Europe midday: Stocks down in choppy trade; FOMC speak in focus
European stocks were down in choppy trade by midday as investors weighed up some encouraging German data against weaker oil prices and the possibility of a June rate hike by the US central bank.
Monsanto likely to reject Bayer approach as BASF looks on, Olivetree says
Monsanto is likely to reject the takeover approach from Germany's Bayer, analysts at Olivetree Financial suggested on Monday, although the price of the deal is "hard to argue against".
Plastic fantastic set to oust cash
Card payments are set to overtake cash payments in the UK for the first time, a new study from Payments UK has found.
US pre-open: Stocks seen slightly lower as Fed speak remains in focus
US futures pointed to a modestly weaker open on Wall Street on Monday amid declining oil prices, as investors looked for further clues on the timing of the next rate hike by the Federal Reserve.
London midday: Stocks dragged lower by miners and oil producers
London stocks were under the cosh on Monday as mining and oil shares edged lower.
Night Tube launch set for August, TfL confirms
The London Underground is set to launch its long-awaited Night Tube on 19 August.
Stride Gaming declares maiden interim dividend
Online soft gaming operator Stride Gaming declared a maiden interim dividend on Monday as it reported a rise in revenue but a drop in profit.
Proton Power soars after winning Orkney fuel cell order
Shares in Green power provider Proton Power Systems soared after the company said it had won a €0. 5m order to provide a containerised fuel cell stationary power system for the Orkney Islands "Surf and Turf" project.
Goldman Sachs downgrades Sports Direct on margin concerns
Goldman Sachs has downgraded Sports Direct International to a 'neutral' rating and taken the retailer off its Pan-Europe Buy List after cutting its earnings per share (EPS) forecasts for this and next year.
Legal & General buys £3bn annuity portfolio from Aegon
Legal & General said it had acquired a £3bn annuity portfolio from Aegon.
Asia report: Mixed Monday as yen drags Nikkei
Markets in Asia ended Monday mixed, with a stronger yen putting pressure on equities in Japan.
Glenwick suspends shares ahead of expected reverse takeover deal
Cash shell Glenwick has suspended trading of its shares as it nears its much-anticipated reverse takeover in the natural resources sector.