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IAG traffic and capacity rise in November
British Airways and Iberia parent International Consolidated Airlines Group reported a 3. 2% rise in traffic for November from the same month last year, as measured in revenue passenger kilometres.
Buffett remains optimistic about strength of the US economy
Famed investor Warren Buffett has said that the election of Donald Trump does not affect his long-term outlook for the strength of the economy in the United States, and he maintains that he is still buying the same stocks he was before the former reality television star's shock victory last month.
Article 50 case about the law not politics, says Supreme Court chief
The case on whether Parliament needs to be consulted before Article 50 is triggered is a matter of law only, not politics, the head of the Supreme Court said on Monday as he warned against threats against those involved.
Minds + Machines gets Chinese approval for dot VIP domains
Internet top-level domain owner and operator Minds + Machines Group announced on Monday that it has received official approval from the Ministry of Industry and Information Technology of the People's Republic of China for its dot VIP top-level domain.
BAT preparing improved bid for Reynolds American
British American Tobacco was preparing to offer a higher price and possibly also a higher cash component for rival Reynolds American that same week, Bloomberg reported citing people familiar with the matter.
Apple confirms self-driving car development for the first time
US tech giant Apple has admitted for the first time that it is in the process of developing technology for autonomous driving.
Markit's US services PMI ticks lower in November
Growth in the US services sector slowed in November, according to figures released on Monday.
FTSE 100 movers: BHP and Rio rally on Citi note; gold miners slump
London’s FTSE 100 was up 0. 3% to 6,751. 50 in afternoon trade as investors largely shrugged off Italian Prime Minister Matteo Renzi’s defeat in Sunday’s constitutional referendum and subsequent resignation.
LightwaveRF celebrates Amazon Alexa success
Proprietary ‘internet of things’ and connected devices specialist LightwaveRF updated the market on its progress with Amazon’s ‘Alexa’ interface, which allows the control and monitoring of light, heat, power and security, on Monday.
Citigroup turns bullish on Western European miners
Citigroup adjusted its ratings on a number of mining stocks on Monday as it upgraded its view on the Western European metals and mining sector to ‘bullish’ from ‘bearish’.
Aeorema assures investors despite significant sector slowdown
Live events agency Aeorema Communications posted a trading update on Monday, claiming that, as outlined in its full year results in October, the trading environment in the event sector was challenging with uncertainty causing customers to be more reserved in their event planning budgets.
Tuesday preview: Wolseley reports first quarter earnings
Wolseley is expected to report on Tuesday an increase in first quarter earnings, supported by a weaker pound and expansion in the US.
Italians vote against constitutional reform by larger than expected margin
Italians rejected their Prime Minister´s proposed constitutional reform by a wider than expected margin in the referendum carried out overnight, with markets initially apparently undecided on how to react to the result.
Focusrite appoints new CEO
Focusrite, an AIM listed global music and audio products company, has appointed Timothy Paul Carroll as its new group executive officer.
Armadale Capital forms joint venture with Kisenge Mining
Africa-focused natural resources investment company Armadale Capital announced on Monday that Kisenge Mining, formerly known as African Mining Services, has completed due diligence and exercised its option to form a joint venture with Armadale to develop and operate the Mpokoto gold project in the Katanga province of the Democratic Republic of Congo.
Legal & General optimistic about structural growth opportunities
In a statement ahead of its capital markets event later on Monday, Legal & General said all three of its divisions were well positioned to capitalise on “significant structural growth opportunities” arising from geopolitical, economic and demographic changes.
Broker tips: Cranswick, miners, Tullett Prebon
Cranswick’s shares were under the cosh on Monday as Numis downgraded the food producer’s stock to ‘hold’ from ‘add’ and cut the target price to 2,311p from 2,536p.
Wessanen buys Spanish organic food owner for €67m
Dutch food company Royal Wessanen has agreed to buy a manufacturer and distributor of organic brands in Spain for €67m.
Cranswick shares fall as Numis downgrades rating to 'hold' from 'add'
Cranswick’s shares were under the cosh on Monday as Numis downgraded the food producer’s stock to ‘hold’ from ‘add’ and cut the target price to 2,311p from 2,536p.