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Amazon launches music streaming service in UK
Ecommerce giant Amazon has upped its efforts to battle music streaming service programmes such as Apple Music and Spotify, by launching its Amazon Music Unlimited in the United Kingdom on Monday.
Jubilee Platinum losses widen amid depressed market
Jubilee Platinum posted its audited results for the year to 30 June on Monday, with operating expenses from continuing operations - excluding share-based payment charges and impairments - down 16. 27% to £2. 4m.
21st Century Tech wins £1m Gatwick IT system contract
21st Century Technology, which provides IT solutions to the transport sector, has won a £1m, five year contract from OFJ Connections Gatwick Airport to provide integrated real-time passenger information and connected bus systems.
American Apparel files for bankruptcy in US
American Apparel, which announced last week that its UK business was going into administration, has filed for bankruptcy in the US for the second time in just over a year.
Augean signs decommissioning deal with Forth Ports Dundee
Waste management business Augean said it had signed a deal with Forth Ports Dundee to establish a state of the art facility in Dundee for the management of waste arising from the decommissioning of offshore equipment.
Playtech to buy Consolidated Financial Holdings for up to $120m
Gaming software development company Playtech has agreed to buy Consolidated Financial Holdings for up to $120m – a deal it said will enhance its position as it continues to build a B2B offering in its financials division.
Broker tips: Marks & Spencer, Tesco, SIG
Citigroup upgraded Marks & Spencer to ‘buy’ from ‘neutral’ and lifted the price target to 365p from 325p as it said downside was limited and the UK strategy presents upside.
Citi ups Marks & Spencer to 'buy', notes limited downside
Citigroup upgraded Marks & Spencer to ‘buy’ from ‘neutral’ and lifted the price target to 365p from 325p as it said downside was limited and the UK strategy presents upside.
UK govt to put heat under energy suppliers after excess profits claim
UK Business Secretary Greg Clark said he would be investigating claims that energy suppliers were making larger profits than they claimed to.
Obama to use Greece visit to argue for "meaningful debt relief"
Barack Obama's last foreign visit as president of the United States will be focused on cash-strapped Greece, and he said on Sunday that the country needs to receive "meaningful debt relief" in order to ensure stability in the eurozone.
Inland Homes expands Essex residential pipeline with joint venture
AIM-listed brownfield housebuilder Inland Homes has entered into a joint venture with contractor Anderson Group to develop 43 new homes in Essex.
Shopper numbers fall again, BRC-Springboard footfall data shows
Numbers of people popping into UK shops continued to fall last month, according to a survey of the industry published on Monday, while another report found around a third of retailers have scrapped or delayed investment due to Brexit worries.
Canaccord cuts SIG to 'hold' after profit warning
Canaccord Genuity downgraded SIG to ‘hold’ from ‘buy’ and cut the price target to 99p from 130p following the company’s profit warning and announcement of its chief executive’s departure last week.
Data shows China economy set to slow in 2017, Capital Economics says
Chinese activity continued to recover in the fourth quarter but was set to slow in 2017, economists said, as measures to dampen the real estate sector weighed on the economy.
US pre-open: Stocks seen higher as dollar gains; Treasury yields rise
US futures looked set to extend the Trump rally on Monday as investors remained optimistic that his policies will fuel economic growth.
Sterling Energy posts Q3 loss; involved in talks on new transactions
AIM-listed Sterling Energy said it had posted a third quarter loss before interest, tax, depreciation and exploration expense of $0. 9m compared with a $2. 1m loss a year earlier.
Harworth acquires Moorland Gate business park
Harworth Group, the property regeneration and investment specialist, has acquired Moorland Gate business park in Chorley, Lancashire for £4. 5m cash.
Lonmin full-year loss narrows
Lonmin said losses in the year to the end of September narrowed thanks in part to the restructuring of the business, a continued focus on cost management and the weakening of the rand against the US dollar.
Asia report: Japan surges as earthquakes batter the Kiwi
Markets in Asia finished mixed on Monday, with Japan leading the region as the yen weakened and Tokyo released some positive economic data, while a series of deadly earthquakes saw the New Zealand dollar face a volatile session.
BMR invests in metal exploration property in Portugal
Miner BMR Group has acquired 80% of a metals exploration concession over a property in Northern Portugal.