Latest News
AFH Financial swallows up three more advisor firms
Financial planning led wealth management firm AFH Financial Group announce the completions of the acquisitions of the assets of three independent financial advisory companies - Granville Bates, Johnson Birkett and G-Force Financial, based in the Cotswolds, Yorkshire and Cheshire respectively.
US manufacturing activity slows in June
Activity in the US manufacturing sector slowed in June, according to data released on Monday.
Xeros Tech buys MarKen PPE in $1m deal
Polymer-based technology developer and supplier Xeros Technology Group announced on Monday that it had agreed to acquire personal protection equipment, cleaning, inspection and repair services provider MarKen PPE Restoration.
Government preparing for surprise Trump visit, reports say
Theresa May’s government is reportedly planning to welcome US President Donald Trump for a surprise visit in the coming weeks.
Tuesday preview: Construction PMI, Sainsbury's quarterly report
Tuesday sees an update on UK construction sector activity, while in company news Sainsbury's will provide a first-quarter update.
Sound Energy delivers drilling disappointment at Badile
Drilling by Sound Energy at its Badile exploration well onshore Italy discovered sub-commercial volumes of gas, deflating its shares by more than a quarter.
Applegreen gets clearance to buy stake in Dublin Joint Fuels Terminal
Applegreen announced on Monday that it had received the approval of the Competition and Consumer Protection Commission to acquire a 50% share in the Joint Fuels Terminal in Dublin port from the Topaz Energy Group for a consideration of €15. 7m.
Sector movers: Miners, Banks pace gains
Miners and banks are doing best on the back of better than expected manufacturing data out of China and the euro area which appear to be stoking risk appetite at the start of the new quarter.
Danone announces sale of Stonyfield to Lactalis
Danone, the French food group, sold one of its US dairy subsidiaries to rival Lactalis.
Euro area unemployment steady at eight year lows
Unemployment in the euro area was unchanged in May in comparison to the previous month.
Europe midday: Banks, Basic Resources pace gains after PMI data
Positive news on factory sector activity in the euro area and from further afield buoyed stocks amid light trading conditions ahead of the 4 July holiday in the States, which meant many traders were away from their desks.
Ferrum Crescent exits South Africa in £600 sale
European lead-zinc explorer Ferrum Crescent announced on Monday that it entered into a legally binding agreement for the sale of Batavia, its wholly-owned Mauritian subsidiary which is the investment holding company for all the group's South African assets - including the Moonlight iron ore project in Limpopo Province - to NPSPL Africa Holdings and its BEE partner Ngwenya Capital.
US pre-open: Stocks to edge higher ahead of Independence Day
US futures pointed to a slightly firmer open on Wall Street on Monday on what will be a shortened trading day ahead of the Independence Day holiday, as investors eye the release of some key manufacturing data.
ADES seals another drilling contract in Egypt
ADES, a leading oil and gas drilling and production services provider, announced new contracts including one for a new drilling campaign offshore Egypt with its long-time client ENI IEOC - despite oil price declines.
London midday: Stocks pare gains as pound slips below $1.30 after manufacturing data
Stocks in London were up but off earlier highs by midday as the pound slipped back below $1. 30 after the latest UK manufacturing data fell short of expectations.
BoE staff to strike over pay
Staff at the Bank of England have voted overwhelmingly in favour of strike action over pay.
Results round-up
SuperGroup, which was forced to publish highlights of its full-year results early on Friday after a preliminary draft of the numbers was stolen from an employee, has reported an 18. 4% jump in pre-tax profit.
Broker tips: BP, Wolseley, Dixon's Carphone
Analysts at Barclays raised their target price for shares of BP, telling clients the benefits of the company's efforts over the past five years to revamp itself were set to start flowing through.
Asia report: Most markets higher as Caixin PMI beats forecasts
Markets in Asia finished mostly higher on Monday, with traders busy digesting fresh data out of both China and Japan to kick off the week.