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Market Pulse
02 Oct
Uranium mine, mining
Horizonte Minerals receives part of funds from placement

Nickel mining development group Horizonte Minerals said on Friday it has received part of the funding from its recent placing.

02 Oct
bahamas
Magnolia Petroleum gains stake in new Oklahoma gas wells

Magnolia Petroleum has announced it is working with Continental Resources to drill 10 new gas wells in Oklahoma.

02 Oct
London pre-open: Shares to edge higher ahead of US jobs report

Stocks are expected to start the day slightly higher ahead of today´s release of the US jobs report for September.

02 Oct
European Central Bank, euro, ECB, eurozone, single currency
Eurozone producer prices fall more than expected in August

Producer prices in the Eurozone fell more than expected in August, data released on Friday showed.

02 Oct
edgar test 10
CPP Group appoints Michael Corcoran as CFO

International assistance business CPP Group has appointed Michael Corcoran as chief financial officer and a director of the company.

02 Oct
glencore
Glencore´s Macaulay splashes out on commodity traders´ shares

William Macaulay splashed out well over a million pounds on shares of Glencore in a vote of confidence in the outfit´s future.

02 Oct
palmyrasyria
Seven nations call on Russia to cease attacks on Syrian opposition

The seven nations which have been fighting to depose Syrian president Bashar al-Assad in Syria have called on Russia to cease its attacks on the country´s opposition.

02 Oct
Union Europea Bruselas
Europe open: Shares rise as investors look to nonfarm payrolls

European stocks posted healthy gains in early trade as investors looked to the release of the US nonfarm payrolls report for further clues on the timing of a rate hike by the Federal Reserve.

02 Oct
handshake
Shawbrook appoints Santander´s Steve Pateman as new CEO

Specialist lending and savings bank Shawbrook has appointed Steve Pateman as its new chief executive officer with effect from 1 January 2016 subject to regulatory approval.

02 Oct
china, shanghai, chinese
China lowers downpayments for first-time homebuyers

First-time homebuyers in Chinese cities without purchase restrictions may soon be able to put in smaller down-payments.

02 Oct
volkswagen12
Emissions scandal could cost Volkswagen up to 78bn euros, says Credit Suisse

The emissions scandal could cost Volkswagen anywhere between €23bn and €78bn, according to Credit Suisse, which slashed its price target on the stock to €82 from €169.

02 Oct
Housing, construction, building
UK construction PMI hits seven-month high in September

Construction output in the UK accelerated to a seven-month high in September, according to the latest Markit/CIPS survey published on Friday.

02 Oct
Uranium mine, mining
Forte Energy pulls out of Slovakia joint venture, reviews West Africa operations

Forte Energy has decided to end its partnership with European Uranium Resources.

02 Oct
finance,data,financial
Premier Technical buys Integral Cradles for 4m pounds

Premier Technical has completed the acquisition of Gatwick-based Integral Cradles for a maximum consideration of £4m, comprising an initial payment of £1. 2m and £2. 8m in redeemable loan notes.

02 Oct
Corero surges after signing major contract

Shares in online protection solutions provider Corero Network Security soared after it announced a deal to sell its SmartWall Threat Defense System (TDS) to an unnamed FTSE 100 company.

02 Oct
credit cards, finance, money, cash
FCA proposes deadline for PPI claims

The Financial Conduct Authority (FCA) is looking to set a deadline of at least spring 2018 for consumers to lodge complaints about payment protection insurance (PPI).

02 Oct
money, card, bank, finance
Universe Group clinches Conviviality deal

Online payments and point of sales supplier Universe Group said its subsidiary HTEC has won a three-year deal with Conviviality Retail, UK’s largest franchised off licence and convenience store chain.

02 Oct
edgar test 10
Morgan Advanced Materials scraps COO position

Andrew Hosty is set to step down as the chief operating officer of Morgan Advanced Materials, after the FTSE 250 group deemed the role to be surplus to requirements.

02 Oct
london eye
London open: Stocks rise ahead of US non-farm payrolls

London stocks rose ahead of the release of the US non-farm payrolls report which may influence the Federal Reserve’s interest rate decision this month.

02 Oct
palmyrasyria
Russia targets US-trained rebels in bid to bolster Syria´s al-Assad

Russia stepped up its air strikes in Syria on Thursday as hundreds of Iranian troops arrived in the country, in what was seen as an attempt to bolster Damascus ahead of any negotiations aimed at ending the conflict.