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Sector movers: Banks lead gains as strategists raise US yield forecasts
Shares in banks and life insurance outfits continued to pace gains as Treasury yields kept moving higher in the States on expectations for a fiscal spending boost under the new Administration, pulling interest rates across the globe up with them.
Dewhurst expects second half earnings to pick up after weak start
Dewhurst, a supplier of components to the lift, keypad and transport industries, said it second half earnings would pick up in its traditionally stronger second half, after a weak start to the year.
FTSE 100 movers: DCC gains on update; gold miners slump
London’s FTSE 100 was up 0. 3% to 6,749. 77 in afternoon trade.
SyQic takeover falls through, shares remain suspended
SyQic’s independent board updated the market on Monday, following the announcement by Yuma Ventures on 11 November that it does not intend to make an offer for SyQic.
Directa Plus buys Italian textile company as route to market
Directa Plus, a producer of graphene-based products, has bought a 60% stake in Osmotek, a Milan-based commercial textile membranes company, for €60,000 in order to enhance its route to market for its textile applications.
Trump plans could see Fed hike rates five times in 2017 and 2018, Morgan Stanley says
President-elect Donald Trump, a self-proclaimed 'deal-maker', and the realities of turning proposals into law, means that the most likely scenario is not that his policy agenda will be adopted 'as is', Morgan Stanley said.
More banks eyeing move to Frankfurt due to Brexit, Germany says
Germany has reported much increased interest from financial institutions looking to move to the country following the UK's vote to leave the European Union.
Facebook will take measures to combat fake news - Zuckerberg
Mark Zuckerberg has vowed to rid Facebook of fake news stories, which critics claim have an effect on how users of the social network vote in elections - most recently in Donald Trump's victory last week over Hillary Clinton in the US presidential race.
The People's Operator considering placing at significant discount
The People’s Operator noted the slump in its share price and said it has been mulling the idea of an equity raising at a significant discount rather than debt financing.
UK government begins talking with Trump after rebuffing Farage
The UK government has established a line of communication with US president-elect Donald Trump, Downing Street said on Monday, playing down talk of Nigel Farage having a prominent role in the new phase of the 'special relationship'.
London midday: FTSE trims gains as gilt yields continue to rise
Stocks had trimmed most of their earlier gains come midday on Monday as sovereign bond yields continued moving higher, with investors trying to digest the implications of the new US administration for America's economic policy.
Government bonds under pressure around the world
Sovereign bond yields continued heading north as investors moved to factor-in the impact on sovereign bond markets of increased deficit spending in the US.
AFC Energy able to operate on lower grade hydrogen
AFC Energy completed testing of its second generation fuel cell system, proving its ability to operate on lower grade hydrogen.
Serabi Gold third quarter revenue almost doubles
Brazil-focused gold mining and development company Serabi Gold reported record gold production for the third quarter of 2016, and cash costs of production for the year to date of $772 per ounce on Monday.
Sunrise Resources buys second pozzolan deposit in Nevada
Diversified mineral explorer Sunrise Resources has expanded its Pozz project in Nevada with the acquisition of second deposit with potential for natural pozzolan production.
Metal Tiger notes schedule-beating progress in Botswana
Strategic natural resources investor Metal Tiger noted the MOD Resources announcement with regard to their joint venture at the Kalahari Copper Belt in Botswana on Monday.
Powerflute Oyj takeover goes unconditional
Nordic Packaging and Container Finland Holdings declared its recommended cash offer for Powerflute Oyj wholly unconditional on Monday, having received acceptances to the offer representing more than 90% of the issued and to be issued shares in Powerflute.
Hutchison China MediTech presents promising data in Washington
Hutchison China MediTech presented data from a recent Phase I, first-in-human, dose escalating study of the safety, tolerability and pharmacokinetics and pharmacodynamics of single and multiple doses of HMPL-523 on Monday, to the Annual Meeting of the American College of Rheumatology/Association of Rheumatology Health Professionals, being held in Washington DC.
Europe midday: Stocks in the black amid optimism over Trump policies
European stocks were up but off highs by midday as investors remained optimistic about President-elect Trump's policies.
Greatland Gold posts promising electromagnetic results at Bromus
Greatland Gold announced the results of downhole electromagnetics at its Bromus project in Western Australia on Monday.