Latest News
Proteome Sciences plunges after highly discounted placing
After offering the shares at a highly discounted price before getting shareholder approval, Proteome Sciences has raised £3. 3m through a placing and subscription of new shares to accelerate its strategy and meet client demand.
German retail sales unexpectedly drop in September
German retail sales fell 1. 4% in September compared to the previous month, surprising analysts who had expected a 0. 2% increase, Destatis revealed on Monday.
Europe open: Stocks fall ahead of Eurozone inflation, GDP data
European stocks declined on Monday as traders awaited Eurozone inflation and economic growth data, and weighed a surprise drop in German retail sales figures.
WPP enjoys third-quarter boost from sterling softness
Helped by the weakness of sterling, WPP posted net revenue and profit margins ahead of forecasts for the third quarter, while the outlook was said to remain unchanged.
London open: Stocks fall ahead of BoE and Fed interest rate decisions
London stocks fell on Monday as investors looked ahead to the Bank of England and Federal Reserve policy decisions later in the week.
3i Infrastructure to buy landfill gas business for £185m
FTSE 250-listed 3i Infrastructure has agreed to buy the Infinis landfill gas-to-electricity business for £185m from its Terra Firma-owned parent.
IG Group completes $40m DailyFX acquisition
Online trader IG Group announced it has completed the acquisition of DailyFX, a news and research portal, from FXCM for $40m.
CapCo buys £70m Covent Garden property from Derwent
Investment company Capital & Counties bought a Covent Garden property from Derwent London real estate investment trust for £67. 5m.
Essentra appoints new chief executive
Essentra has appointed Paul Forman as chief executive to succeed Colin Day, the supplier of plastic and fibre products announced on Monday.
WPP enjoys sterling boost, Centamin ups guidance
London open The FTSE 100 was predicted to fall 20 points on opening on Monday morning, extending the losses from last week.
London pre-open: Stocks to open lower ahead of central banks' decisions
The FTSE 100 is expected to open 13 points lower at 6,983 as investors look ahead to the Bank of England and Federal Reserve’s policy decisions later in the week.
Monday newspaper round-up: Carney's future, BoE meeting, National Grid
Mark Carney, governor of the Bank of England, is ready to serve a full eight-year term, facing down Brexiteer critics campaigning for him to resign ahead of time. Mr Carney has told friends that he is likely to make a statement on his future this week to put an end to damaging speculation. - Financial Times.