Latest News
China economic growth steady in second quarter
Economic growth in China was steady over the second quarter of the year, official data revealed.
Finsbury Food sees FY profits in line with market expectations
Finsbury Food said on Monday that it is confident of delivering full-year profits in line with market expectations.
Europe open: Stocks little changed ahead of CPI data
Stocks in Europe were trading on a mixed note early on, as traders waited on the latest euro area consumer price figures and despite a slate of better-than-expected data released overnight in China.
Shops enjoy the better weather, BRC-Springboard finds
UK shops benefitted from better weather last month and growth in the number of visitors was greater than the previous month, the British Retail Consortium said.
Polymetal increases stake in Nezhda venture; agrees buyout option
Polymetal International said it had agreed to buy an additional 7% in the joint venture Nezhdaninskoye gold deposit for $8m from its partner Ivan Kulakov along with an option to buy out the remaining 75. 3%.
Commodities: Weak dollar triggers across-the-board gains
Weaker than expected readings on the US economy for June and July, especially on the inflation front, pushed the greenback to its weakest level since September, triggering almost across-the-board gains for commodities.
Franchise Brands appoints Chris Dent as CFO
AIM-listed Franchise Brands has appointed Chris Dent as chief financial officer with immediate effect.
Carillion beefs up advisors with EY focusing on cash and costs
Carillion has further beefed up its cabal of advisors, appointing EY with immediate effect to support the strategic review launched after its massive profit warning a week ago, with accountants from the firm charged with focusing upon cost reduction and cash collection.
London open: Stocks in the black as miners gain on China data
London stocks edged higher in early trade on Monday, with miners in the black following the release of encouraging Chinese data.
Taptica buys majority shareholding in Japan's Adinnovation
AIM-listed end-to-end mobile advertising platform Taptica has announced the acquisition of a majority shareholding in Japan's Adinnovation Inc for up to $5. 7m, which is being funded from the company's cash resources.
LondonMetric to buy two distribution warehouses in Frimley
LondonMetric has agreed to buy two new distribution warehouses at Logistics City in Frimley for £13. 1m via a forward funding contract with Kier Property.
UDG Healthcare buys US-based Cambridge BioMarketing for up to $35m
UDG Healthcare has announced the acquisition of US-based healthcare communications business Cambridge BioMarketing for up to $35m.
House prices remain flat a year after Brexit - Rightmove
Prices of homes put up for sale in the UK remained just about flat last month, according to research published overnight.
Monday newspaper round-up: Business confidence, CPI forecast, HSBC, railways
The UK needs to prepare itself for weaker economic performance, two major forecasting groups have said, in the latest studies predicting the downsides of the Brexit vote. Fragile business sentiment linked to Brexit-related anxiety, domestic political uncertainty and squeezed consumer budgets have caused UK business confidence to drop to its lowest point for almost six years, the economic consultancy IHS Markit reports. - Guardian.
London pre-open: Stocks seen up on positive Asian cues
London stocks were set for a firmer open on Monday, taking their cue from a mostly positive session in Asia.
ITV confirms new CEO, Centrica sets up gas JV
London open The FTSE 100 is predicted to rise 31 points on Monday, according to traders in the City.
ITV confirms swoop for easyJet chief McCall
ITV has poached Carolyn McCall from easyJet to be its new chief executive.