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TechFinancials reports higher sales as benefits of options JV kick-in
Techfinancials reported a strong rise in revenues as the company launched its binary options joint-venture at the start of the period.
City regulator facing legal action from companies affected by RBS restructuring
Lawyers representing hundreds of London businesses are threatening the Financial Conduct Authority over its delayed report into the Royal Bank of Scotland's restructuring.
Europe midday: Stocks push lower as Fed rate hike expectations grow
European stocks lost ground on Monday amid growing concern the Federal Reserve will raise interest rates at its next policy meeting.
US pre-open: Stocks seen lower amid rate hike expectations
US futures pointed to another downbeat session on Wall Street amid growing expectations the Federal Reserve might hike interest rates at its next policy meeting.
Bank of England deputy governor Shafik leaves to join LSE
A deputy governor of the Bank of England, Nemat ‘Minouche’ Shafik, is to leave after just two years to join the London School of Economics (LSE) as director.
London midday: Stocks fall on US interest rate hike worries
London stocks declined on Monday amid worries of an interest rate hike by the Federal Reserve.
Broker tips: Pets at Home, Wood Group, Astrazeneca
Citigroup initiated coverage of Pets at Home at ‘buy’ with a 275p price target, given its expectation of the medium-term margin upside opportunity and cash returns.
Restore posts impressive rise in first-half earnings
UK office services provider, Restore announced its unaudited half year results for the six month period to 30 June on Monday, with adjusted revenue rising 26% to £55. 4m.
Safestay sinks below NAV after interim loss grows
Safestay, the 'boutique hostel' chain founded by serial entrepreneur Larry Lipman, more than doubled sales in the first half but reported a larger loss before tax.
Real Good Food baking up maiden dividend
Real Good Food revealed that it is planning on paying a first dividend next year and that trading at its bakery and cake decorating businesses has been satisfactory.
Starboard Value take 4.6% stake in Perrigo, urges it to focus on core business
Activist investor group Starboard Value has spent $600m to buy a 4. 6% stake of pharmaceutical company Perrigo, before chastising the Dublin-registered company for its management practices.
EKF Diagnostics boosts earnings in first half
Point-of-care business EKF Diagnostics Holdings announced its unaudited interim results for the six months to 30 June on Monday, ahead of market expectations.
British Chambers of Commerce downgrade UK economic forecasts
The UK economy is forecast to slow to a crawl next year as consumer spending weakens and uncertainty sees businesses hold back from investment, according to the first calculations by the British Chambers of Commerce (BCC) since the Brexit vote.
Esure said to unveil GoCompare demerger this week
Motor insurance group Esure is reportedly set to unveil plans this week for the demerger of its price comparison business, GoCompare.
Anglo Asian Mining returns to profit but reduces gold production target
Azerbaijani gold, copper and silver explorer Anglo Asian Mining returned to profit in the first half of the year, but reduced its target gold production.
Exxonmobil lobbying against electric vehicles in Britain
US oil giant Exxonmobil has been lobbying the UK government against the idea of implementing renewable and alternative fuels, according to documents obtained by climate change blog DeSmog UK.
Asia report: Markets sink on Fed rate hike fears
Markets in Asia fell on Monday, following from a very red finish in New York on Friday as traders became increasingly worried the Fed will raise interest rates sooner, rather than later.
Sanofi and Google's Verily Life Science launch diabetes joint venture
Global healthcare provider Sanofi and Alphabet’s Verily Life Science launched Onduo, their joint venture, to develop diabetes solutions using software, medicine and professional care.
HarbourVest launches all-cash takeover of SVG Capital
HarbourVest Partners launched an all-cash takeover of FTSE-250 listed SVG Capital, with stock in the latter having moved above the offer price in early trading.
Hillary Clinton cancels California trip due to pneumonia, adds to market wobble
United States presidential candidate Hillary Clinton has cancelled a scheduled trip to California after she was revealed to have been diagnosed with pneumonia.