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Trump slams CIA report of Russian influence on US election as 'ridiculous'
Donald Trump has blasted a CIA report which concluded that Russia attempted to influence the result of the US presidential election through the leaking of files to Wikileaks.
Eco Animal Health revenue and earnings surge in first half
Animal pharmaceutical developer and market Eco Animal Health reported its results for the six months to 30 September on Monday, with a 25% increase in revenue to £26. 9m.
House prices to inch up 2% next year, says Rightmove
House prices are to rise by 2% in 2017 while prices stabilised after June’s Brexit vote, according to property website Rightmove.
Europe open: Stocks weighed down by selling in China
European stocks started the session on a mixed note following moderate losses in Chinese assets overnight and amid sharp gains in oil futures after non-OPEC producers agreed to cut their output and Saudi said it might slash production by more than it had previously promised.
Metal Tiger upbeat on progress at Logrosan venture
Natural resources investing company Metal Tiger provided an update on the drilling and exploration progress at the Logrosan Minerals joint venture in Extremadura, Spain on Monday.
Fusionex wins big data contract with Asian bank
Software company Fusionex International has won a contract with an Asian bank, which has the potential to “generate million dollars of revenue over time” for its big-data platform, Giant 2016.
Earthport expands cross-border payments service with BofAML
Bank of America Merrill Lynch’s clients will now be able to access cross currency payments in over 60 countries and nearly 25 currencies after it expanded its service with AIM-listed Earthport.
Polymetal loses its shine on RBC downgrade
RBC Capital Markets downgraded Polymetal International to ‘sector perform’ from ‘outperform’ and slashed the price target to 810p from 1,460p.
Boeing strikes $16bn deal with Iran for 80 planes
US planemaker Boeing has reached an agreement with Iranian state airline Iran Air for the purchase of 80 aircraft, for the sum of $16bn.
E2V Technologies agrees to Teledyne takeover
Directors of E2V Technologies have recommended an all-cash takeover by California-based Teledyne at 275p per shares, valuing the imaging and camera technology specialist at £619. 6m.
ASOS to hire additional 1,500 staff as it expands Camden HQ
Online retailer ASOS has announced plans to hire an additional 1,500 people as it expands its London headquarters over the next three years.
Marks & Spencer rallies on Merrill upgrade
Marks & Spencer got a boost on Monday as Bank of America Merrill Lynch upgraded the stock to ‘buy’ from ‘neutral’ and lifted the price target to 400p from 330p.
London open: Stocks little changed but energy issues rally as oil prices surge
Stocks in London were little changed in early trade although energy shares racked up healthy gains as oil prices surged after non-OPEC and OPEC members reached a deal on Saturday to cut production for the first time since 2001.
Atkins to sell minority stake in M25 for £66m
Engineering firm WS Atkins has agreed to sell its minority investment in the M25 motorway to a consortium of institutional investors for £66. 3m.
Morgan Sindall secures £750m of infrastructure contracts
Construction and regeneration group Morgan Sindall has announced the award of three major infrastructure contracts worth around £750m.
IP Group's investment in Oxford Nanopore gains in value
IP Group's stake in portfolio company Oxford Nanopore Technologies has gained in value after the DNA sequencing outfit raised £100m from IP, Woodford Investment Management and GT Healthcare.
Amundi to buy UniCredit's Pioneer Investments for €3.55bn
France’s Amundi has agreed to buy UniCredit’s asset management unit, Pioneer Investments, for €3. 55bn in cash.
Glencore and QIA team up to take chunk of Rosneft
Glencore and the Qatar Investment Authority announced on Monday that together they had concluded various agreements providing for the establishment of a 50:50 consortium, to take a chunk of Russian state gas operation Rosneft.
London pre-open: Stocks seen higher as oil prices surge
Stocks in London were set to open higher on Monday as oil prices surged after non-OPEC members reached a deal with OPEC on Saturday for the first time since 2001 to cut production, pushing prices to their highest levels since 2015.