Latest News
FTSE 250 movers: Aberdeen Asset surges on merger; miners slump
London’s FTSE 250 index was flat at 18,890. 38 in afternoon trade, with M&A news failing to provide much of a boost.
Industrial-scale fraud operation targeting TalkTalk customers
An industrial-scale fraud operation was at the heart of the fraudulent telephone calls targeting TalkTalk customers, it was revealed on Monday.
Tube service could deteriorate as engineers begin work-to-rule
Travelling across the capital was set to become slowly more painful this week, as hundreds of London Underground engineers prepared to begin a work-to-rule from Tuesday.
Results round-up: Informa, Synthomer, Ultra Electronics
International business intelligence, exhibitions, events and academic publishing group Informa posted its results for the 12 months to 31 December on Monday, reporting an improved operating performance and continued progress with its 2014-2017 growth acceleration plan, which the board said was supported by strong returns from acquisitions and favourable currency trends.
FTSE 100 movers: Banks and miners drop; Standard Life surges on merger
London’s FTSE 100 was down 0. 4% to 7,347. 22 in afternoon trade, with weakness in the banking and mining sectors offsetting a boost from M&A news.
All Asia Asset Capital to sell Energy Central for £810,000
Shares in All Asia Asset Capital were down on Monday as the investor announced it will sell Energy Central to Chakris Kajkumjohndej, an existing shareholder of Andaman Power & Utilities, for 34. 88m Thai baht (about £810,000), subject to shareholder approval.
KKR & Co raises $13.9bn for N.American opportunistic investments
KKR & Co's latest private-equity fund has amassed a war-chest of $13. 9bn for opportunistic investments in private equity-related deals primarily in the US, Canada and Mexico.
Versarien raises £1.5m to scale up graphene manufacturing
Versarien has raised £1. 5m from an oversubscribed equity placing in order to scale up its graphene manufacturing and marketing capabilities.
Eurozone investor confidence hits 10-year high in March, Sentix says
Investor confidence in the Eurozone's economy reached a 10-year high in March as expectations improved for all of the world's main regions, according to one of the most widely-tracked barometres.
Vectura's COO of US operations to step down
Medical device group Vectura has announced that Trevor Phillips, its chief operations officer and president of US Operations, will step down from the board at the annual general meeting on 25 May and leave the company at the end of May.
HSBC says investor sentiment near level consistent with 'Sell' signal
The most recent reading on US factory sector activity suggested an acceleration in economic activity was underway, HSBC said, but at a price - an interest rate hike from the US Federal Reserve in March.
Touchstone Innovations invests another £3.85m in Garrison Technology
Touchstone Innovations announced on Monday that it led a £12. 0m funding round in Garrison Technology - a cyber security company based in London.
Victoria Oil & Gas, Bowleven agree farm-out for Bomono PSC
Shares in Victoria Oil & Gas are up more than 12% after it and Bowleven, whose stocks fell more than 5%, agreed a farm-out agreement relating to the Bomono production-sharing contract (PSC).
JP Morgan sees new push into banks and cyclicals ahead
Strategists at JP Morgan urged clients to 'keep the faith' on the reflation trade, pointing to the performance of equities at similar points over past cycles.
Foreign exchange helps to lift Plant Impact
Crop enhancement technology firm Plant Impact announced its results for the six months to 31 January on Monday, with revenue up 17% to £4. 9m, which the board said was assisted by favourable foreign exchange.
Atlantis Resources' tidal power project gains Ofgem accreditation
Tidal power company Atlantis Resources’ MeyGen project in Scotland has gained accreditation by an industry watchdog.
Hailo runs out of fuel as app rebranded to MyTaxi
Ride-hailing service Hailo has been rebranded as MyTaxi after the merger with Daimler's service of the same name in August of last year.
Credit Suisse cuts WPP target price, keeps at Outperform
Analysts at Credit Suisse lowered their target price on WPP's shares following revised guidance from the advertising giant.
Kepler upgrades easyJet to 'buy', says it's among its most preferred in sector
Kepler Cheuvreux has upgraded budget airline easyJet to ‘buy’ from ‘hold’, lifted the price target to 1,106p from 1,053p and included it as a most preferred stock in the sector.
Vast reports significantly higher metals grades at Faneata Tailings Dam
Vast Resources has reported significantly higher grades of silver, copper, lead and zinc at the Faneata Tailings Dam, which is located near the Baita Plai Polymetallic Mine in Romania.