Latest News
Weak auto production weighs on Italian industrial output in April
Italian industrial production fell unexpectedly in April, weighed down by a drop in output of motor vehicles and transport.
Household spending falls for first time in four years, Visa finds
British households have cut back their spending for the first time in almost four years, as consumers come under pressure from rising inflation, stalling wage growth, and political and economic uncertainty.
Spain's CNMV places ban on short-selling of Liberbank
Spain's stockmarket regulator issued a ban on short-selling of shares in Spanish lender Liberbank following recent sharp falls in its stock price.
Osirium Technologies expands into Germany
AIM-listed cyber security software provider Osirium Technologies has announced plans to expand into Germany.
Europe open: Stocks start lower despite strong showing for Macron
Stocks started lower out of the gate as investors digested the latest political news on both sides of the Channel ahead of policy meetings at the US Federal Reserve, Bank of England and Bank of Japan scheduled for later in the week.
May to face Tory backbenchers following disastrous election result
UK PM Theresa May faced a group of senior Conservative MPs in a crunch meeting on Monday as she looks try and win backbench support following the unexpected loss of the party's majority last week.
Kunwar Shailubhai appointed CEO of Tiziana
Clinical stage biotechnology company Tiziana Life Sciences announced the appointment of Dr Kunwar Shailubhai (Shailu) as its chief executive officer and chief scientific officer on Monday, with immediate effect.
Dividend held back as new CEO looks to alter Mitie
Mitie withheld its final dividend as the outsourcing group tumbled into losses, though the new management team expect a return to "modest growth" in underlying profits this year as it slashes costs and focuses on tech.
London open: Stocks edge lower amid political uncertainty; Mitie bucks trend
London stocks edged lower in early trade, with politics firmly in focus as Prime Minister Theresa May prepared to meet with Conservative party backbenchers angered by the election result.
Stanley Gibbons puts itself up for sale
AIM-listed stamp and coin specialist Stanley Gibbons said on Monday that it is considering a sale of some or all of the company following a comprehensive restructure.
Berenberg downgrades TalkTalk to 'sell'
Berenberg downgraded its stance on TalkTalk to 'sell' from 'hold' and slashed the price target to 140p from 224p saying the company has a mountain to climb to get back to sustainable profit growth.
Monday newspaper round-up: Household spending, Brexit plans, Brexit delay
Squeezed British households have cut back their spending for the first time in almost four years, according to figures that underscore the pressures from rising prices and political uncertainty. Visa, the credit and debit card processing business, said its vast database of spending patterns shows there was a drop in spending across a broad range of categories last month, including clothing, household goods, food and transport. - Guardian.
Gem Diamonds recovers two diamonds of more than 100 carats each from Letseng
Gem Diamonds has recovered two diamonds of more than 100 carats each from its Letseng mine in Lesotho.
Weir Group acquiring KOP Surface Products for $114m
Weir Group announced on Monday that it had entered into an agreement to acquire KOP Surface Products, a provider of advanced surface pressure control technologies, systems and services for the oil and gas industry for $114m in cash.
Glencore makes offer for Rio Tinto's Australian coal mines
Glencore has made an offer to buy Rio Tinto's interest in Coal & Allied Industries(C&A) for $2. 55bn in cash plus a coal price-linked royalty.
London pre-open: Stocks seen lower as May set to meet Tory backbenchers
London stocks were set for a weaker open on Monday as the pound recovered some poise following last week's losses, with politics firmly in focus as Prime Minister Theresa May prepared to meet with Tory backbenchers.