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Ferrexpo delivers best H1 production since Russia's invasion of Ukraine
Mining company Ferrexpo said on Monday that production levels had surged in the six months ended 30 June and led to its best performance since Russia's full-scale invasion of Ukraine in February 2022.
Quartix flags solid first-half subscription growth
Vehicle tracking specialist Quartix Technologies said in a trading update on Monday that it expected to report first-half revenue of £16m, adjusted EBITDA of £2. 6m, pre-tax profit of £2. 6m, and free cash flow of £0. 9m.
ITM Power inks 500MW capacity reservation deal
ITM Power announced a significant capacity reservation agreement with a major global industrial customer on Monday, securing 500MW of future production capacity for ITM Power’s advanced electrolyser stacks.
Citi predicts strong earnings growth at Shaftesbury Capital
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.
Boeing to plead guilty to criminal fraud over 737 Max crashes in deal with DoJ
Troubled aircraft maker Boeing on Sunday pleaded guilty to a felony charge of conspiring to defraud the US government over two fatal crashes of its 737 Max in 2018 and 2019, according to a late-night court filing.
London open: Stocks fall as France faces hung parliament
London stocks fell in early trade on Monday as investors mulled the prospect of political instability in France after the second round of the election over the weekend resulted in a hung parliament.
Unite Group confident amid strong student demand
Student accommodation provider Unite Group issued a promising update on current trading and property valuations on Monday, as it anticipated nearly full occupancy and significant rental growth for the upcoming academic year.
Plus500 backs FY expectations after 'strong' first half
Plus500 backed its full-year expectations on Monday after a "strong" first-half performance despite "difficult" market conditions.
Burberry reportedly cutting "hundreds" of jobs
British high-end fashion group Burberry is expected to announce "hundreds" of job cuts in the UK as part of a cost-cutting programme following a massive drop in its share price since the start of the year.
Britvic agrees to Carlsberg's sweetened £3.3bn offer
Danish brewing giant Carlsberg on Monday said it had reached a deal to buy UK soft drinks maker Britvic for £3. 3bn after two previous bids were rejected.
Jangada upbeat on progress at investee Blencowe
Natural resources developer Jangada Mines highlighted significant advancements made by Blencowe Resources, in which it holds a 10% stake, on Monday.
HG Capital Trust offloads stake in TeamSystem
HgCapital Trust said it had agreed the sale of its remaining investment in business software company TeamSystem, to funds advised by Hellman & Friedman for an undisclosed sum.
German trade surplus widens as imports drop sharply
Germany's trade surplus widened to its highest level in four months in May as imports dropped significantly, according to data out on Monday from the Federal Statistical Office.
London pre-open: Stocks seen flat as investors mull French election news
London stocks were seen little changed at the open on Monday as investors turned their attention to France, where the election resulted in a hung parliament.
Carlsberg agrees to buy Britvic, Ocado planning third Japan fulfilment centre
London open The FTSE 100 is expected to open seven points lower on Monday, having closed down 0. 45% on Friday at 8,203. 93.
Ocado to build third factory in Japan with online grocer AEON
Online grocery group Ocado is planning to build a third customer fulfilment centre (CFC) in Japan as part of its ongoing partnership with Japanese peer AEON.
Monday newspaper round-up: Boeing, Tata Steel, Fortress Capital
Boeing will plead guilty to a criminal fraud charge stemming from two deadly crashes of 737 Max jetliners, after the government determined the company violated an agreement that had protected it from prosecution for more than three years, the US the government said in court filing late on Sunday. Federal prosecutors gave Boeing the choice this week of entering a guilty plea and paying a fine as part of its sentence, or facing a trial on the felony criminal charge of conspiracy to defraud the US.
US close: Stocks higher following June's NFP report
Wall Street stocks closed higher on Friday as traders returned from the Independence Day break to some hotly anticipated labour market data.