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Volkswagen shares slide after it trims margin outlook
Shares in German auto giant Volkswagen Group reached their lowest point since April 2020 on Monday after it announced a downward revision in its profit margin outlook for the current year.
Europa Metals completes Toral mining licence application
Lead, zinc and silver developer Europa Metals announced the successful completion of its formal mining licence application process for the Toral project on Monday.
Chevron to buy Hess Corp in $53bn deal
Chevron said on Monday that it has agreed to buy Hess Corporation in a $53bn all-share deal.
US pre-open: Stocks to drop as bond yields top 5%
US stock futures were in the red on Monday morning as the yield on a 10-year US Treasury topped 5% for the first time in 16 years, while ongoing uncertainty surrounding the conflict in the Middle East continues to weigh on sentiment.
China probes iPhone maker Foxconn
Chinese authorities have reportedly launched an investigation into iPhone manufacturer Foxconn.
Anglo Asian reports promising drill results from Gilar deposit
Anglo Asian Mining reported promising drill results from the Gilar deposit in Azerbaijan on Monday, confirming an expansion of mineralisation compared to previous findings.
Philips lifts FY outlook as Q3 profit jumps
Philips lifted its full-year outlook on Monday as it posted a jump in third-quarter profit.
Asia report: Stocks fall further as investors brace for inflation data
Markets in the Asia-Pacific region continued their sell-off on Monday as investors braced themselves for a week filled with crucial economic data releases and South Korea’s third-quarter gross domestic product (GDP) figures.
Synectics' Craig Wilson steps down as chairman
Security and surveillance firm Synectics revealed on Monday that Craig Wilson has stood down from the role of chairman, with immediate effect.
Exane names Flutter as top pick in gaming sector
Exane BNP Paribas has named Flutter Entertainment as its top pick in the gaming sector ahead of third-quarter earnings season after a recent rough patch for the industry.
Eleco names Mark Castle as chairman
Software business Eleco named Mark Castle as its chairman on Monday, following a "full and broad" recruitment process.
Europa Oil maintains revenue despite lower crude prices
Europa Oil & Gas said in its final results on Monday that, despite a lower oil price and a weaker pound, it maintained stable revenue at £6. 7m for the 2023 financial year - a slight increase from last year’s £6. 6m.
First Property inks another lease at Gdynia asset
First Property Group updated the market on leasing progress at its office building in Gdynia, Poland, on Monday.
Shares plunge as Mission warns on profits, scraps dividend
Shares in The Mission Group plunged in early trading on Monday, after the AIM-listed firm pulled its dividend and warned that full-year numbers would be "materially" below expectations.
Upland Resources rejects 'very preliminary' bid approach at 14p a share
Shares of Upland Resources rocketed on Monday after the oil and gas company confirmed it had received and rejected an unsolicited, "very preliminary" approach about a possible takeover offer at 14p a share from SEC Capital.
Velocys shares tumble despite Ohio facility launch
Shares in Velocys tanked on Monday despite the sustainable fuels technology company hitting a key milestone with the launh of a new 52,500 square-foot facility in Ohio.
London open: Stocks fall as investors brace for big earnings
London stocks fell in early trade on Monday, as investors continued to eye developments in the Middle East and looked ahead to a busy week on the earnings front.
Europe open: Shares up in cautious start as investors eye Middle East crisis
European shares opened cautiously higher on Monday as traders kept a close watch on the war in the Middle East between Israel and the Palestinian militant group Hamas, while weaker Asian markets also hampered sentiment.
GCP Infrastructure posts dip in net asset value
GCP Infrastructure Investments posted a dip in net asset value on Monday, but said its portfolio continued to perform in line with expectations.
OptiBiotix inks ingredient deal with Tata Chemicals
Life sciences developer OptiBiotix Health announced a significant agreement with Tata Chemicals on Monday, that would see its proprietary ‘Fossence’ product incorporated into their ‘SlimBiome’ and ‘LeanBiome’ product lines, specifically tailored for the Indian market.