Latest News
Quantum Blockchain raises £2m to fund research and development
Quantum Blockchain Technologies raised £2m before expenses in a placing on Monday to fund its research and development programme.
Europe midday: Stocks rise as markets shrug off Israel conflict, weak data
Stock markets across Europe were putting in a decent performance on Monday morning as investors shrugged off geopolitical uncertainty in Israel and weak economic data to hunt for bargains in the wake of a recent sell-off.
Northern Bear H1 operating profits up on the year
Building and support services firm Northern Bear said on Monday that it now expects to report operating profits of £1. 7m to £1. 8m for the six months ended 30 September.
Solid State interim profit surges
Value-added components supplier Solid State said on Monday that both revenues and pre-tax profits had surged in the six months ended 30 September.
D4T4 Solutions returns to underlying pre-tax profit in H1
Data solutions provider D4T4 Solutions said on Monday that it had returned to an underlying pre-tax profit in the six months ended 30 September.
Berenberg upgrades Rightmove, says selloff overdone
Berenberg upgraded Rightmove on Monday to ‘buy’ from ‘hold’ as it said the selloff since the OnTheMarket/CoStar deal was announced was overdone.
London midday: Stocks maintain gains; HSBC dips after results
London stocks had maintained gains by midday on Monday, as investors mulled results from the likes of HSBC and Pearson, and looked ahead to a series of key central bank policy announcements.
Eurozone economic sentiment falls for sixth straight month
Business and consumer sentiment about the economy fell slightly in the Eurozone this month, according to statistics released by the European Commission on Monday.
US pre-open: S&P 500 to rise from five-month low ahead of busy week
US stock futures were on the rise on Monday as the S&P 500 looks set to bounce off a five-month low ahead of a busy week for corporate earnings, economic data and central bank meetings.
UK mortgage approvals fall to lowest level since January
UK mortgage approvals fell in September to their lowest level since January, dented by rising borrowing costs, according to figures released on Monday by the Bank of England.
HSBC Q3 profit misses expectations; $3bn share buyback announced
HSBC posted a smaller-than-expected jump in third-quarter profits on Monday, as it announced a $3bn share buyback.
Inspecs YTD revenues grow, net debt falls
Eyewear manufacturer Inspecs said on Monday that its year-to-date trading performance was in line with internal expectations, with revenues growing and net debt falling.
Citi downgrades AJ Bell to ‘neutral’
Citi downgraded AJ Bell to ‘neutral’ from ‘buy’ on Monday, saying it was awaiting "a better entry point".
German GDP contracts less than expected in Q3
The German economy shrunk less than expected in the third quarter, figures from the federal statistics office Destatis revealed on Monday.
Europe open: Stoxx 600 bounces off 2023 low as stocks rise
European stocks were bouncing back from a 10-month low on Monday morning as investors hunted for bargains in spite of rising geopolitical tensions in the Middle East.
Asia report: Stocks mixed ahead of busy week for economic data
Asia-Pacific markets ended with a mixed performance on Monday as investors awaited critical economic data and monetary policy decisions from several countries.
London open: Stocks gain ahead of key policy announcements; HSBC results in focus
London stocks rose in early trade on Monday as investors mulled results from the likes of HSBC and Pearson, and looked ahead to a series of key central bank policy announcements this week.
DX Group reopens former Tuffnells site in Stafford
Freight and logistics company DX Group announced the reopening of a former Tuffnells Parcels Express depot in Stafford on Monday.
Glencore cuts nickel, ferrochrome guidance for 2023
Commodities miner and trader Glencore has lowered its guidance for nickel and ferrochrome output for the full year after steep drops in production over the first nine months of 2023.
Restore appoints new finance chief, non-executive chair
Digital and information management specialist Restore announced significant changes to its board of directors on Monday, with Dan Baker appointed as its new chief financial officer (CFO) and director, effective 13 November.