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London midday: Stocks little changed in quiet trade but Drax powers ahead
Stocks in London were little changed by midday, paring earlier small losses in quiet trade, with volumes starting to ebb away as we head into the Christmas break.
Malvern to focus on strengthening offer in 2017
Educational services provider Malvern International announced its strategic plan for 2017 on Monday, with a focus on “strengthening the current operation” while planning for the future.
Europe midday: Stocks mixed as Monte dei Paschi seeks to avoid taxpayer rescue
European stocks were mixed in a tight range on Monday, as the world's oldest bank, Monte dei Paschi di Siena, looked to raise €5bn to stay afloat.
Samsung reportedly seeking new battery supplier after Note 7 fiasco
Samsung Electronics has held talks with LG Chem about becoming a battery supplier for its smartphones, according to reports from South Korean media on Monday.
Collagen Solutions pins hopes on ChrondoMimetic as losses widen
Medical grade collagen component developer and manufacturer Collagen Solutions posted its results for the six months to 30 September on Monday, with revenue and other income increasing by 30% to £1. 89m.
Asia report: Markets mixed as Australia avoids rating downgrade
Markets in Asia finished mixed on Monday, with Australia rising after it appeared to ward off a possible sovereign rating, while Japan fell in the face of relatively positive trade data.
Liberty House to invest £120m in Scottish aluminium smelter
Britain's last aluminium smelter has been bought in a deal that will see at least 300 jobs created as part of a £120m investment.
US pre-open: Stocks seen touch higher as investors eye Yellen speech
US futures pointed to a marginally firmer open on Wall Street at the start of what is expected to be a fairly quiet week as we head into Christmas, with investors turning their attention to a speech by Federal Reserve chair Janet Yellen.
Volga Gas reports difficulties on Uzen #4 sidetrack drilling
Volga Gas has reported difficulties while drilling a sidetrack to its Uzen #4 oil well with the intention of accessing a potentially unproduced zone of the Aptian reservoir of the Uzen oil field.
Shares in Canadian Overseas Petroleum Ltd dive on Mesurado-1 news
Shares in Canadian Overseas Petroleum Ltd (COPL) tanked more than three-quarters of their value on news the Mesurado-1 well in Liberia is to be plugged and abandoned.
Fairfax Financial to buy Switzerland's Allied World for $4.9bn
Canadian insurer Fairfax Financial has agreed to buy Swiss insurer Allied World Assurance for $4. 9bn in cash and stock.
BP takes 10% stake in Abu Dhabi concession; signs $1bn Africa deal
BP on Monday said it had signed separate agreements to take a 10% stake in Abu Dhabi's ADCO onshore oil concession and invest $1bn in gas exploration blocks in Mauritania and Senegal.
GlaxoSmithKline starts phase III study of asthma treatment
GlaxoSmithKline has announced the start of a phase III study of its once-daily triple combination therapy fluticasone furoate/umeclidinium/vilanterol as a treatment for patients with asthma.
Navy backs Trump's plans for 350 new warships
The defence sector was given a boost on Monday as the United States Navy backed president-elect Donald Trump's campaign assertions that the country needs over 350 new warships.
San Leon Energy confirms approach by potential buyer
Shares in San Leon Energy soared on Monday as the oil and gas explorer confirmed that it has been approached by a potential buyer.
Bgeo Group issues bonds worth $25m
The holding company for the Bank of Georgia, Bgeo Group’s property subsidiary has issued $25m worth of bonds in the local of market.
Windar Photonics warns full year revenues will be below expectations
Wind energy company Windar Photonics warned that full year revenue will be “slightly” below expectations due to project delays, but remains confident that revenue will continue to grow.
Mytrah Energy performing in line with expectations
India-based power producer Mytrah Energy is performing in line with expectations as construction on several projects progresses with financial closure having achieved for 377 megawatts.
BBC extends partnership with Capita
The BBC has extended its existing TV licence collections partnership with outsourcer Capita for a further two years until June 2022.
Digital Barriers wins $2m Middle East deal for 'threat detection' camera
Digital Barriers, a provider of security solutions, has inked a $2. 1m deal for its threat detection camera technology, ThruVis, with an undisclosed client in the Middle East.