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UK retail sales dip slightly amid cool June weather
Retail sales in the UK dipped slightly in June, according to fresh data released on Tuesday, as a result of a markedly cooler summer so far.
US close: Stocks mixed as traders await CPI reading, Q2 earnings
Wall Street stocks turned in a mixed performance on Monday as investors prepared for the beginning of Q2 corporate earnings season later in the week.
HSBC fined £2.4m by Hong Kong's pensions regulator
HSBC has been fined HKD 24m (£2. 4m) by Hong Kong's pension regulator, it was reported on Monday, for offering incentives to unauthorised agents to promote its Mandatory Provident Fund (MPF) scheme in 2020 and 2021.
Broker tips: Shaftesbury Capital, Melrose Industries, LBG Media
Citi has reiterated its 'buy' rating on London-focused property investor and developer Shaftesbury Capital ahead of its interim results in a few weeks, predicting that profits will nearly double over the medium term.
Europe close: Stocks give up early gains
Most European bourses ended Monday's session little changed, but in the red, as investors digested the political stalemate in France, where no party managed to garner a majority in the second round of elections to the National Assembly at the weekend.
Director dealings: Prudential director makes share purchase
Insurance business Prudential revealed on Monday that independent non-executive director George Sartorel had acquired 8,000 ordinary shares in the London-listed firm.
London close: Stocks mixed as investors assess hung French parliament
London markets showed mixed performance on Monday as investors weighed the implications of a hung parliament in France.
Sector movers: Foreign investors still circling UK corporates
UK corporates appeared to continue to be in the crosshairs of foreign groups at the start of the week.
FTSE 250 movers: Hiscox soars on takeover talk; Plus500 slips
FTSE 250 (MCX) 20,738. 69 -0. 23%.
Tuesday preview: Fed's Powell, US Treasury auctions in focus
All eyes on Tuesday will be on the head of the US Federal Reserve ,who will deliver his semi-annual testimony to Congress.
French election stalemate leads to worries about spending plans
France faced an uncertain political future on Monday after voters rejected the idea a of government led by Marine Le Pen's far-right National Rally but also failed to endorse fully centrist or left-wing alliances, with uncertainty around the spending plans of any incoming administration causing concern among analysts.
US open: Dow trades higher as investors look ahead to CPI reading, Q2 earnings
Wall Street stocks were in the green early on Monday as investors prepared for the beginning of Q2 corporate earnings season later in the week.
FTSE 100 movers: Beazley follows Hiscox higher; B&M in the black
London’s FTSE 100 was flat at 8,207. 90 in afternoon trade on Monday.
Europe midday: French stocks up despite prospect of hung assembly
European shares opened higher on Monday as investors digested the political stalemate in France after the second round of national elections that saw a shock first-place result for the left-wing alliance, but with no single group able to achieve an absolute parliamentary majority.
Europe open: Stoxx up as investors eye French political stalemate
European shares opened higher on Monday as investors digested the political stalemate in France after the second round of national elections that saw a shock first-place result for the left-wing alliance, but with no single group able to achieve an absolute parliamentary majority.
Pulsar reports first-half rise in annual recurring revenue
Marketing and communications software-as-a-service specialist Pulsar Group reported a £2. 2m increase in annual recurring revenue in its interim results on Monday, demonstrating a marked improvement in growth momentum compared to the £1. 3m growth in the first half of 2023.
Eli Lilly to acquire Morphic via tender offer
American pharmaceuticals company Eli Lilly has struck an agreement to acquire biopharma business Morphic in a deal worth approximately $3. 2bn.
Zinc Media trading in line despite slow UK market
Television and content production company Zinc Media Group reported ongoing delays in the UK content commissioning market in an update on Monday.
Devon Energy to buy Grayson Mill’s Williston Basin business in $5bn deal
Devon Energy said on Monday that it has agreed to buy the Williston Basin business of Grayson Mill Energy in a $5bn deal.
Aptamer reports success in ongoing work with Unilever
Aptamer Group, a developer of novel ‘Optimer’ binders for the life sciences industry, updated the market on its ongoing partnership with Unilever on Monday, aimed at creating Optimer binders for use in cosmetic applications.