Latest News
SIG to buy Miers Construction Products for up to £36.5m
Building products supplier SIG has agreed to buy Miers Construction Products (MCP) for up to £36. 5m.
Parity upbeat on improvement in net fee income
Data and technology-focussed recruitment and professional services provider Parity Group said in an update on Monday that its first-half net fee income was expected to be up to 9% higher against the second half of 2021.
Dekel makes final drawdown from seven-year bond facility
West Africa-focussed agriculture company Dekel Agri-Vision announced the completion of an oversubscribed final drawdown of €9. 2m (£7. 81m) from the €15. 2m seven-year bond facility it first announced on 19 and 26 January last year.
Aldi staff to get second pay rise this year as inflation bites
German discount retailer Aldi on Monday said it was giving its UK staff a second pay rise since the start of the year as inflation continued to spiral.
Science Group confident after 'record' first half
Science Group reported “record” first half results on Monday, slightly ahead of the board's expectations, with revenue rising 10% to £44. 8m.
US pre-open: Futures trade higher ahead of another earnings heavy week
Wall Street stocks were in the green ahead of the bell on Monday as investors prepped for another week jam-packed full of corporate earnings.
Lufthansa ground staff to stage 'warning strike' on Wednesday
Ground handling staff at Lufthansa are set to stage a “warning strike” on Wednesday across all of the airline’s locations, as disagreements between around 20,000 workers and the German flag carrier in collective bargaining continued.
CMA to review Viasat takeover of Inmarsat
The UK’s Competition and Markets Authority said on Monday that it has launched an investigation into Viasat’s £6bn takeover of Inmarsat.
Europe midday: Shares rally despite Philips plunge
European shares rallied by lunchtime as investors braced themselves for the never-ending deluge of corporate news and a policy meeting of the US Federal Reserve later in the week.
London midday: Stocks pop higher as banks rally; Fed announcement eyed
London stocks had popped into the black by midday on Monday, but gains were muted as investors eyed the latest policy announcement from the US Federal Reserve later in the week and a raft of corporate updates.
Europe open: Shares down ahead of big week as Philips plunges
European shares opened the week lower as investors braced themselves for the never-ending deluge of corporate news and a policy meeting of the US Federal Reserve later in the week.
UK industrial output slows - CBI
UK industrial output grew at the slowest pace in more than a year in the three months to July, reflecting softer demand domestically and internationally, according to a survey released on Monday.
KPMG slapped with £14.4m fine over Carillion audit
KPMG has been slapped with its largest-ever UK fine for providing "false and misleading" information to the accounting watchdog during inspections of its audits of collapsed outsourcer Carillion and another British firm Regenersis.
Asia report: US-listed Chinese firms lead Monday's losses
Most markets in Asia closed weaker on Monday, with Chinese technology plays among the leading fallers, as investors looked ahead to the US Federal Reserve meeting later in the week.
Credit Suisse upgrades Ferrexpo to 'outperform'
Credit Suisse upgraded Ferrexpo on Monday to ‘outperform’ from ‘neutral’ but cut the price target to 250p from 260p.
Begbies Traynor to acquire London-based brokerage Mantra Capital
Corporate restructuring specialist Begbies Traynor has agreed to acquire London-based property finance brokerage Mantra Capital and its Axiom Consulting & Investments and Ellayaan subsidiaries.
Germany on brink of recession - Ifo
Germany is on the brink of recession, according to a survey released on Monday by the Ifo Institute.
Crimson Tide wins 'significant' new long-term contract win
Software company Crimson Tide has won a "significant new long-term contract win" with a national supplier in the utilities sector.
France's Eutelsat in merger talks with UK's OneWeb
France’s Eutelsat Communications confirmed on Monday that it has engaged in merger talks with UK rival OneWeb.
Philips slashes guidance as China lockdowns hit Q2 sales
Dutch technology conglomerate Philips reported a 7% fall in comparable group sales in its second quarter on Monday, to €4. 2bn (£3. 57bn), mainly caused by continued supply shortages and prolonged lockdowns in China, as it also cut its guidance for the year.