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Hurricane Energy claims UK's 'largest' undeveloped offshore oil discovery
Hurricane Energy reported an oil discovery from exploratory drilling near to the Lancaster field, which the company believes is part of the largest undeveloped discovery on the UK continental shelf.
NMBZ revenue and earnings fall as it broadens product offer
Zimbabwe-based commercial bank NMBZ Holdings posted its audited consolidated results for the year to 31 December on Monday, with total income falling to $51. 5m from $59. 4m.
London midday: Stocks fall as pound rallies amid Trump policy doubts
Stocks in London were weaker by midday on Monday as the pound rallied against the dollar amid growing doubts about Donald Trump's ability to deliver on his fiscal stimulus promises after Republican leaders withdrew his healthcare bill due to a lack of support.
Europe midday: Stocks lower on Trump concerns; banks decline
European stocks were trading lower on Monday as doubts over US president Donald Trump’s agenda crept in.
Asia report: Markets close lower after Trumpcare collapse
Markets in Asia were mostly lower on Monday, following the revelation on Friday that US President Donald Trump had failed to garner enough support for his much-trumpeted healthcare reform as it was rejected by the House of Representatives.
Brexit optimism waning: only 29% believe it will benefit economy
British consumers increasingly believe the economy will be worse off after Brexit, with a new survey finding just 29% people feel separation from the European Union will have a positive effect on the state’s prosperity.
Cobham being probed by FCA
FTSE 250 aerospace and defence group Cobham has been referred to the Financial Conduct Authority's enforcement division for investigation in connection with its handling of inside information prior to its trading update and announcement of a rights issue on 26 April 2016.
Bioventix earnings surge thanks to sterling
High-affinity antibody developer and supplier Bioventix announced its unaudited interim financial results for the six months to 31 December on Monday, with turnover rising 32% period-on-period to £3. 12m.
Pro-Brexit think tank says UK should abandon customs union
The UK should leave the European customs union entirely and avoid a “half-in, half-out, compromise a pro-Brexit think tank warned.
Schlumberger and Weatherford create North American JV
Oil services companies Schlumberger and Weatherford announced an agreement on Monday to create OneStim - a joint venture to deliver completions products and services for the development of unconventional resource plays in the United States and Canada land markets.
US pre-open: Stocks seen lower, dollar drops on Trump doubts
US futures pointed to weaker open on Wall Street as doubts grew about Donald Trump's ability to deliver on his pledges to cut taxes and boost infrastructure spending after Republican leaders withdrew his healthcare bill last week due to a lack of support.
Quadrise stable as it develops MSAR fuel product
Emerging supplier of ‘MSAR’ emulsion technology and fuel Quadrise Fuels International announced its interim results for the six months to 31 December on Monday - a period in which it raised £5. 25m through a placing and open offer of new ordinary shares in November.
Berendsen hit by RBC Capital downgrade
Commercial laundry group Berendsen was under the cosh as RBC Capital Markets cut the stock to 'underperform' versus 'outperform' and slashed the price target to 660p from 950p saying the risk profile has significantly increased.
Rand recoils as Zuma recalls finance minister
South Africa's rand tumbled sharply on Monday after finance minister Pravin Gordhan was recalled by President Jacob Zuma.
BofA Merrill Lynch upgrades Ryanair, downgrades IAG
Bank of America Merrill Lynch upgraded Ryanair to 'neutral' from 'underperform' and lifted the price target to €15. 30 from €12. 50 as it took a look at the airlines sector.
Premier African Minerals raises £2m to invest in lithium mines
AIM-listed Premier African Minerals has raised £2m form an oversubscribed share placing to fund develop at its lithium and limestone mines.
German business confidence at highest since 2011
German business confidence unexpectedly improved in March, according to a widely-followed survey.
GLI Finance to increase stake in Sancus IOM Holdings
AIM-listed investor GLI Finance has agreed to buy an additional 2. 1% stake in Sancus IOM Holdings, which finances small-medium sized enterprises, for £163,331.
Uber pulls self-driving cars following Arizona collision
Ride-hailing company Uber Technologies has suspended its use of self-driving technology after one of its vehicles crashed while using the software.
Mercantile Ports & Logistics to develop facility at Mumbai port
Mercantile Ports & Logistics is to develop a facility at its port in Mumbai, India with an engineering and logistics project company.