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UK retail sales growth jumps in August, BRC says
UK retail sales growth jumped in August, as an improvement in consumer confidence drove spend of health and beauty products, and food and drink.
Tuesday preview: Global services PMIs, Ashtead in the spotlight
All eyes on Tuesday would be on the Asia Pacific region.
Europe close: Stocks end little changed
European markets finished a tad lower on Monday as early gains on the back of a strong session in Asia, boosted by Chinese moves to stimulate the country's struggling economy, faded.
London close: Stocks reverse gains in late trading
London’s leading stock indices closed in negative territory on Monday, despite opening in the green earlier in the day.
Barclays reportedly looking for investors in UK merchant payments arm
Barclays is looking for buyers to invest in its merchant acquiring unit in the UK, according to reports.
Jefferies cuts Entain PT but maintains 'buy' rating
Jefferies cut its price target on Ladbrokes and Coral owner Entain on Monday but struck an upbeat note on the outlook for the company.
FTSE 250 movers: Hammerson gets a lift from MS upgrade
Hammerson was upped to ‘overweight’ from ‘equalweight’ and the price target lifted to 36p from 27p. The bank downgraded Landsec to ‘equalweight’ from ‘overweight’ and cut the price target to 650p from 750p.
FTSE 100 movers: Entain boosted by Jefferies note; JMAT gives back some gains
London’s FTSE 100 was up 0. 2% at 7,481. 74 in afternoon trade on Monday.
Director dealings: Watches of Switzerland insiders buy dip, Woodside execs vest and sell
Watches of Switzerland Group had several entries on the list of director buys on Monday, after it made four separate disclosures to the market.
Superdry shares hit record low as stock trading resumes
Shares in high street retailer Superdry tumbled to a record low on Monday after the stock resumed trading on the London Stock Exchange following a suspension owing to the delayed publication of its full-year results.
German exports fall in July
German exports fell by 0. 9% on a monthly basis from an upwardly-revised 0. 2% rise in June, according to official statistics published on Monday.
Broker tips: Hammerson, British Land, Moneysupermarket, UK construction
Morgan Stanley lifted its rating on Hammerson on Monday but downgraded Landsec as it took a look at property stocks.
BMW lifts sales and margin targets after strong Q2
BMW Group has raised its sales and margin targets for 2023 after a strong second quarter, in which profits rose 7. 5% year-on-year in spite of a challenging trading environment.
Morgan Stanley upgrades Hammerson, downgrades Landsec
Morgan Stanley lifted its rating on Hammerson on Monday but downgraded Landsec as it took a look at property stocks.
Europe midday: Shares hold gains on China stimulus hopes
European markets held gains at midday on Monday on the back of a strong session in Asia, boosted by Chinese moves to stimulate the country's struggling economy.
London midday: Stocks stay up as China stimulus, Fed hopes boost sentiment
London stocks were still in the black by midday on Monday, with sentiment underpinned by Chinese stimulus measures and expectations the US Federal Reserve will pause on rates this month.
Phoenix Copper upbeat on testing results from Empire Mine
US-focussed Phoenix Copper announced successful results from its metallurgical testing at the Empire Mine open pit on Monday.
Trinity Exploration gets terms of reference for Trinidad assessment
Trinidad and Tobago-focussed Trinity Exploration & Production announced on Monday that it has successfully obtained the terms of reference for a proposed environmental impact assessment (EIA) for the Buenos Ayres block, located onshore Trinidad.
Cordel inks level crossing safety partnership in Australia
Cordel Group announced a partnership with the National Transport Research Organisation (NTRO) of Australia on Monday, to automate rail level crossing safety assessments.
ReNeuron reaches exosome research milestone
UK-based biotechnology company ReNeuron Group, which specialises in stem cell-derived exosome technologies, announced significant advancements in the field of exosome research on Monday.