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Fever-Tree sees full-year results "comfortably ahead" of market views
Drink mixers maker Fever-Tree said on Monday that it expects results for the year ending 31 December to be "comfortably ahead" of current market expectations thanks to strong sales.
Saudi Arabia and Russia agree nine-month oil output cut deal
Saudi Arabia and Russia agreed to a nine-month extension of the supply cuts agreed to in November 2016, issuing a strongly worded statement that sparked gains in crude oil futures.
Staffline buys Scottish recruiter Brightwork
AIM-listed Staffline has announced the acquisition of Scottish recruitment business Brightwork for an undisclosed sum.
888 Holdings tanks as Gambling Commission launches review
Shares in online gambling group 888 Holdings tanked on Monday after it revealed that it is being investigated by the UK Gambling Commission.
Europe open: Fresh year-to-date highs for Stoxx 600 after Merkel wins in NRW
Buying pressure from the previous week is carrying through into Monday's session following news of a strong showing for Chancellor Angela Merkel's CDU in elections in the country's most populous state at the weekend.
NEX Group FY revenues and profit rise
FTSE 250 financial broker NEX Group, formerly ICAP, posted a rise in profit and revenue for the year to the end of March but said activity since the start of the year has been subdued.
London open: FTSE nudges higher as miners, energy shares gain
London stocks edged higher in early trade, supported by strength in the mining and energy sectors, although a pop higher for the pound kept gains to a minimum.
Diploma first half profits boosted by weak pound
The post-Brexit vote slump in sterling helped boost half year profits at diversified technical group Diploma to £33m from £25. 6m.
Monday newspaper round-up: Jobs warning, deficit deceit, energy price cap
British workers should brace themselves for rising unemployment and falling real pay in the year ahead as the impact of a Brexit slowdown is increasingly felt in the jobs market, reports have warned. The era of rapidly increasing employment is over, according to the forecasting group EY Item Club, which on Monday predicted the unemployment rate will rise from 4. 7% now to 5. 4% in 2018 and 5. 8% in 2019. - Guardian.
Mark Anderson given notice as Ultra Electronics restructures marketing
Ultra Electronics announced its board's decision to restructure the group's marketing function on Monday, with the immediate result that Mark Anderson, group marketing director, would be stepping down from the board as his role had been made redundant.
Victrex revenue and earnings strong, though H2 visibility low
High-performance polymer company Victrex posted its interim results for the six months to 31 March on Monday, with group sales volumes rising 5% year-on-year to 1,859 tonnes.
Dignity Q1 revenue up 15%, reiterates full-year expectations
Dignity reported a 15% jump in revenue for the first quarter as underlying profit and the number of deaths rose and the company reiterated its full-year expectations.
Electra Private Equity collects £26m from TechInsights sale
Electra Private Equity and its investment manager Epiris announced on Monday that its portfolio company AXIO Group has agreed the sale of intellectual property and technology services provider TechInsights to Oakley Capital.
Vodafone transfers part of Safaricom stake to Vodacom
Vodafone said it had agreed to transfer 35% of its indirect shareholding in Safaricom to Vodacom Group, its sub-Saharan African subsidiary, for 226. 8m new Vodacom shares.
Vodafone agrees deal to increase Vodacom stake, TUI confident in earnings growth potential
London open.
London pre-open: Stocks seen firmer as oil prices rally
London stocks were set for a firmer open on Monday, underpinned by rising oil prices following reports that Saudi Arabia and Russia have agreed to do "whatever it takes" to keep a floor under prices and extend the production freeze until March 2018.