Latest News
US close: Stocks higher following Biden's election race exit
Major indices closed higher on Monday after Joe Biden dropped out of the US presidential race over the weekend.
Europe close: Stocks rise as investors digest US election news
European shares jumped on Monday as investors assessed the impact of US President Joe Biden’s decision not to contest the election in November, while Ryanair shares slumped on lower earnings and a warning that summer airfares would be softer.
Tuesday preview: Alphabet, Tesla, US existing home sales in focus
Investors' focus on Tuesday will be on the corporate space as US tech giant Alphabet and carmaker Tesla release their latest quarterly results.
Broker tips: The Gym Group, MP Evans
Analysts at Berenberg upgraded their stance on The Gym Group from 'hold' to 'buy' on Monday and hiked their target price on the stock from 121. 0p to 180. 0p, stating the company was "in good shape".
London close: Stocks rise on China rate cut, Biden withdrawal
London's stock markets ended Monday on a positive note, buoyed by a surprise interest-rate cut from China and significant political news from the United States.
Director dealings: Beowulf Mining CEO ups stake
Beowulf Mining revealed on Monday that chief executive Ed Bowie had acquired 18,831 ordinary shares in the AIM-listed exploration and development company.
US open: Major indices trade higher following Biden's exit from presidential race
Major indices were in the green early on Monday after Joe Biden dropped out of the US presidential race over the weekend.
Europa Oil identifies expanded resource on EG-08
Europa Oil & Gas announced a significant update on the EG-08 block on Monday, reporting that an additional 716 billion cubic feet (BCF) of unrisked prospective resources had been identified, bringing the total gross unrisked mean prospective resources on the block to 2. 116 trillion cubic feet equivalent (TCFe).
Canaccord Genuity starts MP Evans at 'buy'
Over at Canaccord Genuity, analysts initiated coverage on Indonesian palm oil supplier MP Evans with a 'buy' rating and 1,250. 0p target price on Monday, highlighting the group's "strong financial returns".
Light Science flags strong momentum in contact electronics division
Light Science Technologies, which operates through three divisions - controlled environment agriculture (CEA), contract electronics manufacturing (CEM), and passive fire protection (PFP) - reported strong momentum in its CEM division on Monday, driven by a record-breaking year in the pest control market.
Spaceandpeople scores five-year contract with Network Rail and Southeastern Trains
Retail space provider Spaceandpeople said on Monday that it has secured a new five-year contract with Network Rail and Southestern Trains.
Government to scrutinise £5.3bn Royal Mail takeover
The new Labour government is set to look closely at the £5. 3bn takeover of Royal Mail-owner International Distribution Services by Czech billionaire Daniel Kretinsky.
Berenberg upgrades The Gym Group to 'buy'
Analysts at Berenberg upgraded their stance on The Gym Group from 'hold' to 'buy' on Monday and hiked their target price on the stock from 121. 0p to 180. 0p, stating the company was "in good shape".
US pre-open: Futures higher as Biden drops out of presidential race
Wall Street futures were in the green ahead of the bell on Monday after Joe Biden dropped out of the US presidential race over the weekend.
Carpetright poised to be snapped up by rival Tapi
Tapi Carpet & Floors has agreed to buy a clutch of Carpetright stores as well as the struggling retailer’s brand, it was reported on Monday.
AFC Energy inks strategic supplier agreement with Zollner
Hydrogen power generation technology specialist AFC Energy announced the signing of a strategic supplier agreement (SSA) with Germany's Zollner Elektronik on Monday.
London midday: China rate cut helps stocks find their footing
UK stocks were recovering some of their poise on Monday as markets reacted to a surprise interest-rate cut in China, while investors digested the latest political drama across the Pond.
Europe midday: Shares rally as Belimo, Rentokil boost Stoxx; Ryanair dives
European shares surged ahead at the end of the morning session on Monday as investors assessed the impact of US President Joe Biden’s decision not to contest the election in November, while Ryanair shares slumped on lower earnings and a warning that summer airfares would be softer.
Kefi reports progress in Ethiopia, Saudi Arabia
Kefi Gold and Copper reported recent advancements at the Tulu Kapi Gold Project in Ethiopia in an update on Monday, where the early works programme, initiated in May, was progressing well.
Croma Security Solutions trades 'well' in FY24, results seen in line with expectations
Security firm Croma Security Solutions said on Monday that it had "traded well" in the twelve months ended 30 June and stated its FY24 results would be in line with market expectations.