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Europe close: Investors brush off Italian referendum result
Italian stocks ended slightly lower after seesawing between gains and losses throughout most of the day after Italian PM Matteo Renzi's resignation following the defeat of his attempt at constitutional reform at the weekend, while the euro jumped back sharply and shares in the rest of Europe advanced.
21st Century Tech wins £1m contract with antipodean bus operator
21st Century Technology, which provides IT solutions to the transport sector, has won a £1m contract from an antipodean bus operator to provide engineering support services for an upgrade on its fleet.
Small cap round up
Plus500, an AIM listed online service provider for retail customers to trade contract for differences (CFDs) internationally, has agreed to be the official sponsor for Australian professional rugby union team the Brumbies during the 2017/18 season.
Directors dealings: Shell finance chief takes some chips off the table
Royal Dutch Shell's finance boss took advantage of the jump in the company's share price immediately following OPEC's decision to cut its output to sell some of his holdings in the oil producer.
FTSE 250 movers: Oil stocks gush ahead while Cranswick loses out
The FTSE 250 index rose 0. 13% to 17,457. 33 in the late afternoon.
London close: Market shows resilience after Italian referendum
The FTSE 100 closed in positive territory on Monday as the market showed resilience following the resignation of Italian PM Matteo Renzi.
Plastics Capital's investments pay off in first half
Plastics Capital's investments in new products has led to higher revenues across both its divisions.
Spectra Systems CFO resigns
The chief financial officer of Spectra Systems, a supplier of authentication technology for banknotes, brands and tax stamps, has tendered his notice and will leave the company by the end of the year.
Trump names former rival Ben Carson as housing secretary choice
US president-elect Donald Trump has appointed fellow Republican Ben Carson as his housing secretary as he puts together his cabinet ahead of his entry into the Oval Office on 20 January.
Sector movers: UK engineers pace gains
Cyclicals and defensives switched places on the leaderboard on Monday, when compared to the end of the previous week.
Mirada issues profit warning due to slowdown in Iris roll out
Mirada, an AIM listed audio visual content interaction specialist, is expecting profit before tax to be “substantially lower” than market expectations due to an obstacle in the way of its Iris product launch.
Newmark Security launches three new products
Electronic and physical security systems provider Newmark Security announced the launch of its Sateon Advance access control system and GT-10 Android based terminal for workforce management on Monday, under subsidiary Grosvenor Technology's brand.
CloudTag set to receive first stock of wearable devices this month
AIM-listed personal monitoring technology company CloudTag confirmed that it expects to receive the first manufactured stocks of its wearable device this month as was referred to in its announcement on 24 November.
Monday newspaper round-up: Monte dei Paschi di Siena, Brexit, arms companies
A last-gasp rescue for Monte dei Paschi di Siena, the world’s oldest surviving bank, has been thrown into doubt after reformist prime minister Matteo Renzi decisively lost a referendum on constitutional reform on Sunday. MPS and advisers JPMorgan and Mediobanca will meet as early as Monday morning to decide whether to pull a plan to go ahead with a €5bn recapitalisation, according to people informed of the plan. – Financial Times Britain’s Supreme Court will start to hear arguments in one of the most politicised cases for decades on Monday, to decide whether Theresa May has the right to trigger Brexit without a parliamentary vote.
Polymetal buys 80% stake in Saum deposit
Polymetal International has acquired an 80% stake in Saum Mining, which is a licence holder for the Saum polymetallic deposit in Russia’s Sverdlovsk region in the Ural mountains.
Results round-up
Pre-tax losses at hybrid online estate agent Purplebricks narrowed in the six months to the end of October as revenue grew and sales exceeded its full-year target.
US open: Stocks higher as investors shrug off Italian referendum result
US equity markets were on the front foot on Monday, largely shrugging off the ‘no’ vote from the Italian referendum on constitutional reform and the resignation of its Prime Minister Matteo Renzi.
Pan African Resources posts study results for Elikhulu
Pan African Resources announced positive results for the independent Definitive Feasibility Study for its Elikhulu Tailings Project on Monday.
ReNeuron's first half revenues supported by new drug developments
ReNeuron, an AIM-listed UK based developer of cell-based therapeutics, saw first half revenues double due to a series of successful drug trials.
US service industry improves more than expected in November
Service sector activity in the US improved more than expected in November, according to figures released on Monday.