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Tritax buys former Dartford power station site for £65m
Real estate investment trust Tritax Big Box said on Monday that it had bought the freehold of the former Littlebrook Power Station site at Dartford, London for £65m.
IMF cuts UK and US growth forecasts, global growth to remain healthy
The International Monetary Fund has cut its growth forecast for the UK and US economies after soft performances in the first quarter of the year.
Government 'should reassess stance' on wind power
Onshore windfarms could be built in the UK for the same cost as new gas power stations and nearly half as much as that of the Hinkley Point C nuclear plant, new analysis of the sector has shown.
Rumours of Asda takeover of B&M European have 'little logic'
On the back of rumours suggesting discount retailer B&M European Value was a takeover target for Asda, analysts at Investec poured scorn on there being much logic in such a deal but still like the look of the company.
Trade secretary Fox in Washington for talks over US deal
UK trade representatives have arrived in Washington in order to discuss a post-Brexit trade deal with their US counterparts.
Monday broker round-up
Sports Direct: Goldman Sachs upgrades to Neutral with a target price of 350p.
Europe midday: Stocks in the red as autos skid
European stocks were maintaining losses by midday, with auto issues under the cosh as investors digested the latest data on the eurozone manufacturing and services sectors.
Jared Kushner releases details of four Russian contacts, denies collusion
Donald Trump’s son-in-law and adviser Jared Kushner has released details of four Russian contacts he had during and after the 2016 US presidential election during testimony given to the Senate intelligence committee.
RBC Capital double upgrades Drax to 'outperform'
RBC Capital Markets upgraded Drax to 'outperform' from 'underperform' and lifted the price target to 400p from 340p.
Ultra Electronics wins Indian navy contract
Ultra Electronics said its Canada-based maritime systems business had won a contract from the Indian Ministry of Defense to supply its navy with torpedo detection system.
London midday: Stocks fall further as pound rises, airlines eye price war
London's share indices remained in the red by midday on Monday, with the pound on the up and ahead of the busiest week of the UK results season.
Goldman ups Sports Direct to 'neutral'
Goldman Sachs upgraded Sports Direct International to 'neutral' as it removed the stock from its Sell list and lifted the price target to 350p from 260p, saying a stable FY18 pre-tax profit and the share buyback should drive a return to earnings per share growth.
Petra FY production lower than forecast; sees big rise in 2018
Petra Diamonds said full year production was lower than forecast as revenues rose 11% to $477m, but expected a big ramp up in output in 2018.
Imagination Technologies rallies on report of Chinese interest
Shares in chip maker Imagination Technologies rallied on Monday following a report that a Chinese private equity buyout fund was mulling a bid for the company.
SThree H1 profit, revenue rise as international diversification bears fruit
Recruitment firm SThree reported a rise in profit and revenue for the first half on Monday as its international diversification bore fruit.
US pre-open: Stocks seen touch lower ahead of busy earnings week
US futures pointed to a lower open on Wall Street on Monday as investors mulled over a downgrade of the International Monetary Fund's growth forecasts for the US, ahead of a busy week for earnings.
Europe open: Stocks retreat as autos under pressure
European stocks fell in early trade on Monday with auto issues under the cosh as investors digested the latest data on the eurozone manufacturing and services sectors.
Eurozone manufacturing and services PMIs decline but remains strong
Eurozone services and manufacturing sector growth remained strong in early July, though surveys on sectors were both slightly less than expected on Monday.
Burford awarded $140m at arbitration hearing
Burford Capital, the litigation funding group, announced that a "favourable decision" had been reached in an arbitration matter regarding one of its investments on Friday, though it might not receive any or all of the amount.
Ryanair pricing warning sends airline sector into tailspin
Ryanair reported an impressive jump in quarterly profits but its warning of pricing pressures sent shares across the airline sector descending fast on Monday morning.