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Commodities: Oil price rally set to fade, Maquarie says
Energy futures managed a higher close despite data showing that US oil firms brought another 10 rigs into operation in the latest week.
Europe midday: Stocks waver in quiet trade as investors eye Yellen speech
European stocks wavered on Monday as investors eyed the US Federal Reserve’s Jackson Hole meeting later in the week in the hope that it might provide further clues on the timing of an interest rate hike.
Palace Capital completes Manchester property buy
Palace Capital has completed the net £10. 58m acquisition of Boulton House in Manchester, and is looking to improve the net yield it receives from rental income through refurbishing some of the building.
London midday: Miners lead equities lower as commodity prices drop
UK equities slid on Monday, led by mining stocks as commodity prices slumped.
Egdon Resources hikes stake in PEDL068 to 68%
Egdon Resources is acquiring an additional 20% interest in Petroleum Exploration and Production Licence PEDL068 from DESS Energy Ltd, taking its total stake to 68%.
4D Pharma begins Thetanix phase 1 clinical trial
Pharmaceutical company 4D pharma has begun dosing in a phase 1 clinical trial with Thetanix for the treatment of Paediatric Crohn's disease (PCD).
Nektan sells three gaming brands to Buckingham
AIM-listed mobile gaming provider Nektan has agreed to sell three of its wholly-owned gaming brands to Buckingham for an initial £1. 75m in cash, with a further £200,000 expected to follow shortly.
Ballot papers sent out for Labour leadership contest as Dugdale, Khan back Smith
After court cases, rallies and shadow cabinet resignations, ballot papers for the Labour leadership contest were sent out on Monday, as Scottish leader Kezia Dugdale followed London mayor Sadiq Khan in declaring her support for challenger Owen Smith.
Tracsis's revenues rise, boosted by acquisitions
Tracsis increased revenue for the full-year after two acquisitions and investments, announcing its 'core' operations had traded in line with expectations.
Broker tips: William Hill, Bodycote, KAZ Minerals
Barclays reinstated coverage of William Hill at ‘overweight’, raising the price target by 3% to 340p.
BoJ Governor keeps door open to further stimulus, if needed
Japanese central bankers kept the door open to further policy easing, if needed, when they met in September.
US pre-open: Stocks seen flat as investors eye Yellen speech
US futures pointed to a broadly flat open on Wall Street with little in the way of fresh corporate or economic news to drive sentiment as investors looked ahead to Federal Reserve Chair Janet Yellen’s speech at Jackson Hole on Friday.
Asia: Stocks mostly higher as investors await Yellen speech
Asia stocks were mostly higher on Monday as investors awaited remarks from Federal Reserve chair Janet Yellen at the central bank’s annual conference this week.
Bioventix profits will beat forecasts, boost eyed from Siemens link
Bioventix revealed that revenues and profits will be ahead of expectations for the full year thanks to currency effects and continued demand for its monoclonal antibodies.
MayAir unaware of reason for share price surge
AIM-listed air purifier manufacturer MayAir noted the surge in its share price on Monday and said it was not aware of any reason for the move.
Idox buys full-service digital agency Rippleffect for £2m
Idox has acquired full-service digital agency Rippleffect for £2m.
Syngenta surges as US watchdog clears ChemChina takeover
Swiss agriculture company Syngenta surged on Monday after the US-based Committee on Foreign Investment in the US (CFIUS) cleared ChemChina’s planned $43bn takeover of the group.
Lookers buys Knights Group for £27.2m
FTSE 250 car dealership and aftersales service chain Lookers has acquired BMW dealer Knights Group for £27. 2m in cash that will be funded from the group’s existing bank facilities.
Fed vice-chair Fischer sounds optimistic note on US economy
The US economy was close to hitting the US central bank's targets with respect to both growth and inflation, a top official said, which some observers took to mean that he was open to further interest rate hikes in 2016.
Safeland FY revenue up but profit down
AIM-listed property developer Safeland said on Monday that revenue rose in the year to the end of March, but pre-tax profit fell and the company warned it has entered “an extremely volatile environment”.