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Europe midday: Stoxx up but investors eye US tech earnings this week
European shares started the week in positive mood with the benchmark Stoxx 600 index pushing over the 500 mark at the open.
Thames Water looks to hike consumer bills by as much as 44%
Heavily indebted utility provider Thames Water will look to convince industry regulator Ofwat to allow it to hike consumer bills by as much as 44% over the next five years.
BAE, QinetiQ could benefit from $95bn US aid package, says JPMorgan
UK-listed defence peers BAE Systems and QinetiQ could both benefit from the recent passing of a $95. 3bn US aid package to Ukraine, Israel and Indo-Pacific partners.
PayPoint considers buyback after strong full year
PayPoint said on Monday that it was mulling a potential share buyback after a strong full-year performance.
Ocado shareholders reportedly pushing for move to NYSE
Ocado shareholders are pushing for a potential shift from its London listing to the New York Stock Exchange, it emerged over the weekend.
No compelling case to own Diageo right now, says Citi
Diageo's stock was underperforming the wider market on Monday, with comments from Citi likely weighing on sentiment after the bank said it doesn't see upside despite a big drop in the shares over the past year.
Asia report: Markets mixed as PBoC keeps rates steady
Asia-Pacific markets closed in a mixed state on Monday, following a significant sell-off on Friday, with investors closely eyeing fresh data releases from key economies including China, Japan, and South Korea throughout the week.
Asda underlying profit jumps 24% in 2023
Asda reported a jump in full-year underlying profit and sales on Monday as it continued to lower prices.
Angle granted European patent for CellKeep, US patent imminent
Liquid biopsy specialist Angle announced on Monday that it has received a European patent for its ‘CellKeep’ slide, as it anticipated the imminent grant of an equivalent US patent application.
Gem Diamonds recovers 169-carat white diamond in Lesotho
Gem Diamonds announced the retrieval of a notable 169. 15-carat type II white diamond from its Letšeng mine in Lesotho on Monday.
Galp shares surge on news from Namibia's Mopane field
Shares in Portuguese oil company Galp Energia popped on Monday, after it announced completion of the initial exploration phase in the Mopane field, offshore Namibia, revealing the potential presence of a substantial oil reserve of at least 10 billion barrels.
Chill Brands suspends CEO amid inside-information allegations
Shares in Chill Brands tanked on Monday morning after the vape maker announced it had suspended its chief executive pending the results of an investigation into the use of inside information.
London open: Retail stocks help FTSE 100 jump 1.2% early on
London's FTSE 100 surged in early deals on Monday, with just six stocks on the top-tier index trading in negative territory, as markets edged closer to their all-time highs ahead of a busy week.
Helical reports progress across its portfolio
Helical updated the market on its trading from 8 January to 19 April on Monday, reporting a series of developments across its portfolio.
Europe open: Shares make bright start; Galp gushes on Namibia news
European shares started the week in positive mood with the benchmark Stoxx 600 index pushing over the 500 mark at the open.
Anglo American to oppose any Kabwe claim appeal
Anglo American said in an update on Monday that it would oppose any appeal related to the Kabwe claim, which it considers “misconceived”.
Frasers Group stops FRC from publishing key findings of review - report
Mike Ashley’s Frasers Group has reportedly refused to allow the Financial Reporting Council to publish the key findings of a review into the retail group’s latest annual report.
Cerillion flags strong first-half revenue, earnings performance
Billing, charging and customer relationship management (CRM) software specialist Cerillion said in an update on Monday that its first-half results were expected to reach new heights in terms of revenue and adjusted EBITDA.
Hornby losses weaken as margins take a hit
Models and collectibles group Hornby said in an update on Monday that its underlying losses before tax had weakened in the second half of its financial year, as sales remained broadly stable and its margins took a hit.
eEnergy clinches contract with Spire Healthcare
Net zero energy services provider eEnergy clinched a deal with Spire Healthcare Group for the provision of photovoltaic systems across 38 sites.