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UK retail sales growth slows as shoppers delay Christmas spend
UK retail sales growth slowed to an annual rate of 2. 5% in October, according to figures released Tuesday by the British Retail Consortium and KPMG, as milder weather and deal-hunting delayed seasonal spending.
US close: Stocks inch higher in catalyst-free session
US stock markets finished with small gains on Monday with investors choosing not to take on too much risk after the strongest weekly rally for markets in about a year.
Europe close: Modest losses amid profit-taking
European stocks slipped into the red, amid profit-taking following five straight days of gains.
London close: Stocks mixed, Ryanair leads low-cost airlines higher
London’s stock markets finished mixed on Monday, with low-cost airlines in focus as investors cheered Ryanair’s latest figures.
Union Jack upbeat on favourable Biscathorpe-2 planning decision
Union Jack Oil announced a favourable decision from the Planning Inspectorate regarding its appeal for planning permission at the Biscathorpe-2 well site in Lincolnshire on Monday.
Broker tips: JD Sports, Dunelm, Hikma Pharmaceuticals
Citi initiated coverage JD Sports on Monday with a ‘buy’ rating as it took a look at European sporting goods.
SDI Group acquires Peak Sensors for £2.4m
Digital imaging and sensing technology developer SDI Group announced the completed acquisition of Peak Sensors on Monday.
LoopUp to fold Hybridium as it focuses on cloud telephony
Cloud telephony specialist LoopUp announced its intention to exit its Hybridium business globally on Monday by initiating proceedings to place the associated group subsidiary Mashmegroup into the Spanish ‘Concurso’ administration process.
Strip Tinning wins big automotive production nomination
Strip Tinning Holdings announced on Monday that it has secured a significant production nomination for its glazing business.
British Steel confirms plans that could lead to 2,000 job losses
British Steel confirmed plans that unions warn could lead to the loss of 2,000 jobs in Scunthorpe on Monday afternoon.
Boohoo defends supply practises after BBC allegations
Online fashion retailer Boohoo responded to scrutiny over how it treats suppliers on Monday afternoon after a BBC investigation revealed allegations of staff pressuring suppliers to reduce prices, even after agreements had been reached.
BioNTech lowers expectations as Covid jab demand wanes
BioNTech revised its full-year revenue projection downwards on Monday, reducing it by around €1bn due to decreased demand for the Covid-19 vaccine it co-developed with Pfizer.
Director dealings: Seeing Machines director ups stake
Seeing Machines revealed on Monday that non-executive director Michael Brown had upped his stake in the AIM-listed firm via his interest in Lombard Odier Asset Management.
WeWork shares halted for news pending
Shares in office-sharing firm WeWork were suspended on Monday after it tumbled on reports it could file for bankruptcy as early as this week.
Berenberg stays at 'hold' on Hikma Pharmaceuticals
Analysts at Berenberg reiterated their 'hold' rating and 2,100. 0p target price on Hikma Pharmaceuticals on Monday, saying a "lighter" second half was playing out in its injectables unit.
FTSE 250 movers: Airlines fly higher; Ashmore in the red
London’s FTSE 250 was down 1. 3% at 17,756. 28 in afternoon trade on Monday.
BAT to make further investment in Organigram, shares surge
Organigram shares surged on Monday after it said that British American Tobacco has agreed to invest a further CAD124. 6m (£74m) into the business.
US open: Stocks mixed as Dow comes off best week in over a year
US trading got off to a mixed start on Monday as major indices come off their best week so far this year.
Vast updates debt agreements with A&T and Mercuria
Mining company Vast Resources updated the market on its debt funding arrangements with A&T Investments (Alpha) and Mercuria Energy Trading on Monday.
FTSE 100 movers: Melrose gains on GE Aerospace deal; JD Sports in fashion
London’s FTSE 100 was up 0. 3% at 7,442. 34 in afternoon trade on Monday.