Latest News
Eurozone economic sentiment hits 28-month low in September
Eurozone economic sentiment deteriorated more than expected in September amid worries about a recession.
Asos, Joules slump on Sunday Times report
Asos was under the cosh on Monday following a Sunday Times report that the online fashion retailer has privately told City analyst that it expects pre-tax profits for the year just ended to be towards the bottom end of the range given in June.
UK new car registrations rise 1.2% in August
UK new car registrations held steady at 68,858 in August, up 1. 2% year-on-year during what is traditionally a quiet pre-plate change month.
Euro hits 20-year low against the dollar
The euro fell to a 20-year low against the dollar on Monday as Europe’s energy crisis intensified.
Avacta's soft tissue sarcoma treatment gets FDA orphan drug designation
Biotechnology company Avacta Group said on Monday that its soft tissue sarcoma treatment has been granted orphan drug designation by the US Food and Drug Administration.
China services sector growth slows less than expected - Caixin
Growth in China’s services sector slowed less than expected in August, according to a survey released on Monday.
Europe open: Stocks slump, euro hits 20-year low as energy crisis deepens
European stocks and the euro slumped in early trade on Monday as the energy crisis intensified.
London open: Stocks fall as gas prices surge; Countryside bucks trend
London stocks fell in early trade on Monday as gas prices surged after Russia indefinitely suspended gas flows through the Nord Stream 1 pipeline to Germany, and as investors awaited the announcement of the new UK prime minister.
HICL Infrastructure announces two prospective acquisitions
Investment group HICL Infrastructure has announced two prospective acquisitions to its portfolio.
Aston Martin Lagonda to launch £575.8m rights issue
Luxury carmaker Aston Martin Lagonda will launch a £575. 8m rights issue as part of an effort to pay down debt and support future growth.
Bitcoin enters a consolidation pattern, but "there is extreme fear"
The cryptocurrency market is no stranger to the selling panic unleashed in the main European markets on Monday, after the total cut of gas supply by the Nord Stream 1 pipeline, that Russia decreed last Friday. Both bitcoin and the rest of cryptographic tokens are in the red. The largest coin by market capitalization temained depressed for most of the weekend, below $20,000, while sentiment is "extreme fear" in the market.
Close Brothers Winterfloods CEO Philip Yarrow to retire
Investment bank Close Brothers said on Monday Philip Yarrow has decided to retire and will step down as chief executive from Winterflood Securities on 20 September after 22 years at its broking arm.
London pre-open: Stocks seen weaker as PM set to be announced
London stocks were set to slump at the open on Monday following heavy losses in the US at the end of last week, as investors mull news that Russia is suspending gas deliveries via the Nord Stream 1 pipeline indefinitely.
Dechra FY revenue and profits rise, AstraZeneca's biliary tract cancer treatment receives US approval
London pre-open The FTSE 100 was being called to open 64. 3 points lower ahead of the bell on Monday after closing out the previous session 1. 86% higher at 7,281. 19.
Monday newspaper round-up: Gas prices, EY, ECB, Iceland
Analysts are expecting gas prices to surge to record highs this week after Russia shut down a key pipeline to Europe. At the same time, a growing number of UK manufacturers have said they are already cutting production or making job cuts as a direct result of “out of control” energy bills. – Guardian.
Dechra Pharmaceuticals FY revenues and profits rise
Veterinary pharmaceuticals group Dechra said on Monday that both revenues and profits had risen throughout the twelve months ended 30 June.
AstraZeneca's biliary tract cancer treatment receives US approval
Drugmaker AstraZeneca said on Monday that its biliary tract cancer treatment had been granted US approval to be used as the first immunotherapy regimen for patients with the disease.