Market Pulse
US open: Dow surges 160 points on global rally
US shares jumped early on Monday, with investors buoyed by strong performances by equity markets worldwide, while oil prices rebounded.
Diageo appoints Xerox's Kathryn Mikells as CFO
Drink giant Diageo has appointed Kathryn Mikells as chief financial officer based in London with effect from 9 November.
Historic Trans-Pacific Partnership agreement reached
It took five years and countless hours of negotiations, but an agreement has finally been reached over the Trans-Pacific Partnership.
American Apparel files for bankruptcy protection
Los Angeles-based American Apparel has filed for Chapter 11 bankruptcy protection after it reached a restructuring deal with 95% of its secured lenders to reduce its debts.
Twitter appoints Jack Dorsey as permanent CEO
Twitter has named co-founder and interim chief executive officer Jack Dorsey as permanent CEO.
Tethys Petroleum rallies as Olisol emerges as second suitor
Shares in Kazakhstan-focused Tethys Petroleum rallied as it acknowledged that Olisol Investment Group, a private company headquartered in Kazakhstan, has submitted a non-binding proposal to to the oil and gas firm, which is currently in takeover talks with Nostrum Oil & Gas.
Building societies said to have snubbed bank body merger plan
The key lobbying group for building societies has reportedly rejected proposals to draw it into the ambit of a new umbrella association for the banking industry.
MX Oil and partner Geo Estratos to bid on five concessions in Mexico licensing round
AIM-listed oil and gas investment company MX Oil said that along with its partner Geo Estratos it plans to bid for five concessions in Mexico’s first licensing round.
US pre-open: Wall Street set for day of gains as stocks advance worldwide
US stock futures pointed to a positive open on Monday, with investors buoyed by strong performances by equity markets worldwide.
Blenheim Natural Resources widens loss, signals challenging times
Blenheim Natural Resources’ chairman has signalled challenging times for the company and for the natural resources sector.
Europe midday: Equity markets rise as oil and gas, resource stocks rally
European stocks racked up strong gains on Monday, led higher by oil and gas and basic resources as Friday’s disappointing non-farm payrolls pushed back expectations of a rate hike by the Federal Reserve.
TPDC to join Solo Oil at Kiliwani North
Solo Oil’s stake in the Kiliwani North Development Licence will be pared back slightly as Tanzania Petroleum Development Corporation (TPDC) buys in to the licence.
Asia: Hopes of further Chinese stimulus lead equities higher
Asian equity markets advanced on Monday, led higher by expectations the Chinese government will implement further stimulus measures.
Plastic bag charges begin in England
Shoppers who forget to bring their reusable bags to the supermarket will now be charged 5p for each single-use plastic bag.
London midday: Stocks rise as investors shrug off UK services slowdown
London stocks rose on Monday as investors shrugged off an unexpected slowdown in UK service sector growth in September.
Nasstar buys VESK Group for GBP7.8m
Nasstar, a provider of hosted managed and cloud computing services, announced the acquisition of the business and assets of VESK Group for £7. 81m in cash and shares.
Sir Kevin Smith appointed to Rolls-Royce board
Rolls-Royce Holdings announced on Monday Sir Kevin Smith CBE has been appointed as a non-executive director starting on 1 November.
Charles Taylor subsidiary to sell stake in Bestpark International
Charles Taylor’s subsidiary, LCL acquisitions Limited, has entered into an agreement to sell its holding in Bestpark International - an insurance company in run-off – to Ashbrooke Financial Group for an undisclosed sum.
Eurozone investors' confidence hits eight-month low in October
Eurozone investors’ confidence fell to an eight-month low in October, a survey published on Monday found.
APR Energy shoots higher as it confirms offer talks with consortium
Shares in APR Energy shot higher on Monday as the company confirmed that it is in discussions with a possible consortium comprising Fairfax Financial Holdings Limited, ACON Investments and Albright Capital Management LLC regarding a possible offer.