Latest News
London midday: Stocks fall on investors' jitters ahead of central bank decisions
London stocks fell on Monday as investors exercised caution ahead of policy decisions from the Bank of England and the Federal Reserve.
Plexus Holdings slips into losses but confident of oil rebound
AIM-listed Plexus Holdings’ revenue decreased due to the drop in oil prices and the reduction in the oil and gas engineer’s drilling activities.
Stock Spirits responds to complaints from Amaral's Western Gate
Stirring after a five month ceasefire, a major shareholder in Stock Spirits has criticised the "ongoing poor corporate governance" of the distilling company after it cancelled an open day with investors.
Hutchison China's JV receives $60m land compensation
Hutchison China MediTech’s prescription drug joint-venture received $59. 5m on Friday from the Shanghai government under its land compensation agreement.
Majestic Wine offers home delivery in time for Christmas period
Majestic Wine has announced that it will be offering next day delivery for its full range of 1,250 wines by 2 November 2016 in time for the start of the peak Christmas trading period.
Credit Suisse sees potential for increased payouts at IAG, reiterates outperform
Credit Suisse reiterated its 'outperform' stance on shares of IAG Group, pointing to the carrier´s upcoming Capital Markets Day as a potential catalyst for confidence in the firm and its self-help measures.
InnovaDerma posts maiden profit ahead of Skinny Tan launch into US
As well as announcing soaring full year profits, InnovaDerma has secured a US distribution deal for its Skinny Tan self-tanning lotion after it proved a hit in the UK and Australia.
PPHE Hotel's revenues rise boosted by weak pound
AIM-listed PPHE Hotel Group’s revenue rose due to the favourable euro/sterling exchange rate, with the hotel operator telling investors it expects trading to be in line with current expectations.
Petropavlovsk updates on debt restructuring with VTB
Petropavlosk expected to close its debt restructuring with one of its main lenders, VTB, on Monday, the company said in a statement.
Tekcapital in strategic alliance with Bajainnova
Tekcapital has executed a strategic alliance agreement with Bajainnova SAPI de CV to market its services in Mexico.
Premaitha Health welcomes NHS roll-out of NIPT to high-risk women
Premaitha Health welcomes the UK Department of Health's decision to make non-invasive prenatal tests (NIPT) routinely available on the NHS to high-risk pregnant women across the UK.
Tetragon reports profitable assets across its portfolio
Tetragon Financial group, a Guernsey based closed-ended investment company, reported profits across all its asset classes in the third quarter ended 30 September 2016.
South32 warns on Illawarra Metallurgical Coal production
Diversified miner South32 said production at its Illawarra Metallurgical Coal operation in Australia will be affected by the temporary suspension of its Appin Area 9 longwall and lower rates of production at the Appin Area 7 longwall.
GE and Baker Hughes agree to create new oilfield services company
GE has agreed to merge its oil and gas business with Baker Hughes to create a new oilfield technology services company with annual revenues of $32bn from providing physical and digital technology.
Business confidence increases in October, says Lloyds
Business morale in Britain rose in October to the highest level since April, according to a bank survey.
Euro-zone flash GDP steady in Q3
Euro-zone's preliminary gross domestic product (GDP) growth rose a seasonally adjusted 0. 3% in the third quarter, data from Eurostat showed. This was in line with forecasts and unchanged from Q2.
Euro-zone flash CPI inflation rises in October, in line with forecasts
Euro-zone preliminary inflation for October, as gauged by the consumer price index (CPI), rose 0. 5% on the year, Eurostat said on Monday.
UK mortgage approvals edge higher in September, BoE data reveals
Mortgage approvals in Britain rose more than expected in September as the housing market remained resilient following the Brexit vote, Bank of England data revealed on Monday.
Glencore closes zinc mine after deposit dries up
Glencore has shut down its zinc mine in Queensland Australia after available resources at the site were depleted.
Numis lifts rating on Robert Walters to 'add' from 'hold'
Numis on Monday raised its recommendation on Robert Walters to ‘add’ from ‘hold’ and lifted its target price to 400p from 275p after the recruitment firm reported its third quarter results.