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UK mortgage approvals fall for third month in a row - BBA
Numbers of mortgages loans approved in the UK dropped off for the third consecutive month in August, according to data from the banking industry published on Monday.
Greatland Gold to buy Havieron Project in western Australia
Precious and base metals exploration and development company Greatland Gold has agreed to buy the Havieron Gold Project in western Australia from Pacific Trends Resources for an initial payment of AUD25,000 and the issuance of 65. 5m shares.
CityFibre swallows Redcentric network, reports stellar first half
Fibre optic infrastructure designer, builder, owner, and operator CityFibre announced the acquisition of the entire metropolitan local access duct and fibre network assets of Redcentric on Monday.
CSF Group looking to delist from AIM
CSF Group said on Monday that it is seeking shareholder approval to cancel the trading of its shares on AIM amid 'negligible’ trading volumes.
Three quarters of UK companies mulling moving out of UK, survey says
More than 75% of British business leaders have said they are pondering moving their businesses overseas because of the EU referendum, a survey has found.
German business confidence hits highest level since May 2014
German business confidence rose to its highest level since May 2014 in September, according to a widely-followed survey.
Business confidence falls to lowest level since financial crisis, survey reveals
Confidence in Britain's financial services sector has fallen to the lowest level since the financial crisis in 2009, according to a survey on Monday.
Aldi posts record UK sales, pledges £300m investment
Aldi promised on Monday to invest £300m in its British stores, as it rides the wave of its record £7. 7bn sales in 2015 - a 12% increase.
InterContinental Hotels slides on Morgan Stanley downgrade
Morgan Stanley downgraded InterContinental Hotels Group (IHG) to 'underweight' on Monday after the shares' recent outperformance and on concerns that the US hotel cycle is peaking.
Lanxess to buy Chemtura in $2.7bn deal
German specialty chemicals group Lanxess rallied after announcing the acquisition of Philadelphia-based peer Chemtura in a $2. 7bn deal.
Europe open: Stocks on the back foot; Deutsche slumps
European stocks fell in early trade, taking their cue from a negative session in Asia as investors eyed this week’s OPEC meeting in Algeria and a debate later in the day between Hillary Clinton and Donald Trump.
Icap operations chief decides not to join Tullett Prebon
Veteran Icap operations director Ken Pigaga has had second thoughts about moving to Tullett Prebon along with his voice broking colleagues as part of the impending acquisition.
London open: Stocks in the red as investors eye OPEC
Stocks in London were weaker at the open, taking their cue from a downbeat session in Asia as investors looked ahead to this week’s OPEC meeting in Algeria and a debate later in the day between Hillary Clinton and Donald Trump.
Capco raises £175m from bond placing
Capital & Counties Properties’ (Capco) subsidiary Covent Garden Holdings has raised £175m from an agreed placing of long-term notes with five US investors in order to beef up its balance sheet and repay debt.
Goldman cuts Lloyds to 'sell' on competition, low rates
Goldman Sachs cut its stance on Lloyds Banking Group to ‘sell’ from ‘neutral’ and trimmed the price target 6% to 50p as it pointed to increased competition and low rates.
RBC Capital downgrades Hays to 'sector perform'
RBC Capital Markets downgraded recruiter Hays to ‘sector perform’ from ‘outperform’ as the stock has performed well and is now near its 140p price target.
Lamprell wins new contract worth $90m
Oil services group Lamprell has won a contract worth around $90m from Master Marine subsidiary Jacktel AS for the upgrade of the mobile operating unit ‘Haven’ as an accommodation service vessel for the Statoil Johan Sverdrup field, offshore Norway.
Monarch Airlines denies Twitter-based insolvency rumours
Holiday carrier Monarch Airlines was working to reassure customers and the market that it was fully operational on Monday morning, after widespread speculation over the weekend that it was going over the brink.
London pre-open: Stocks seen weaker as OPEC, US election eyed
Stocks in London were expected to open on the back foot as investors looked ahead to this week’s OPEC meeting in Algeria and a debate later in the day between Hillary Clinton and Donald Trump.