Latest News
Genel Energy shares Kurdistan payout at Tawke field
Genel Energy noted an announcement from DNO ASA on Monday, which said - as operator of the Tawke field - that the Tawke field partners have received a payment of $30m from the Kurdistan Regional Government for oil sales during June 2016.
UBS initiates Crest Nicholson at 'buy'
Crest Nicholson shares gained on Monday as UBS initiated its coverage of the housebuilder with a ‘buy’ rating and target price of 485p.
Barclays rallies on Exane upgrade
Barclays got a boost on Monday after Exane BNP Paribas upgraded the stock to ‘outperform’ from ‘neutral’ as it took a look at UK banks.
Utilitywise sees 'significant' FY revenue growth despite challenges
AIM-listed Utilitywise said on Monday that despite challenges in the period, revenue growth for the year to the end of July was expected to be “significant”.
Europe open: Stocks edge higher as investors digest China data
European stocks edged higher in early trade as investors weighed up disappointing Chinese trade data against rising expectations of an interest rate hike by the Federal Reserve this year.
London open: Stocks start higher as China data overlooked
London stocks made an initial move higher on Monday morning, as traders ignored lacklustre Chinese trade numbers and they digested last week's news and a smattering of encouraging UK data post-Brexit data.
Sound Energy confirms significant gas discovery at Tendrara
Sound Energy has confirmed a significant gas discovery and a potential single gas column at its Tendrara licence, onshore Morocco.
Vedanta Resources confirms board committee changes
Vedanta Resources confirmed a number of changes to its board committees and their membership on Monday, following the company’s annual general meeting on Friday.
Melrose takeover of Nortek another step closer
Melrose Industries announced on Monday that on 6 August, the so-called “window shop period” in respect of its takeover proposal for Nortek expired, without Nortek having received a superior proposal.
London pre-open: Stocks seen flat after China data
London stocks looked set for a flat open on Monday following the release of uninspiring Chinese trade data which showed both exports and imports fell more than expected.
Smith & Nephew divests gynaecology, announces share buyback
Global medical technology business Smith & Nephew announced on Monday that it has completed the divestiture of its gynaecology business to Medtronic, for $350m.
Shire shows off strong interims, Smith & Nephew confirms buyback
London open The FTSE 100 is predicted to rise 10 points on Monday morning, following on from its positive finish to 6,793. 47 at the end of last week.
Interserve secures BBC security contract extension
Support services and construction group Interserve has been awarded a two-year extension of its contract to provide security services to the BBC worth more than £20m.
Monday newspaper round-up: Lloyds, new post-Brexit data, banks
Thousands of retail investors are likely to be denied the chance of buying shares in Lloyds Banking Group at a discount as the government is expected to abandon the plan in the aftermath of market uncertainty caused by Brexit. The government put plans for a “Tell Sid” offer of Lloyds shares on hold in January because of market turmoil, though City sources believe that Chancellor Philip Hammond is about to abandon permanently the eye-catching offer that was announced by his predecessor during the Conservative Party conference in October last year.