Market Pulse
Uber to launch new carpooling service
Uber is launching a new ride-sharing service in London that might save commuters a few quid.
Results round-up
Telecoms provider KCom Group posted an increase in interim pre-tax profit and revenue thanks to good performances across the board.
Tuesday preview: British banks brace for BoE's stress test results
The Bank of England is expected to tell British banks on Tuesday to boost capital buffers to shield against another financial crisis.
US pending home sales snap two-month losing streak in October
US pending home sales rose for the first time in two months in October, data released on Monday showed.
Chicago PMI slips into negative territory in November
A widely followed indicator of business conditions fell into negative territory in November, figures released on Monday showed.
US open: Stocks largely unchanged after Black Friday and Cyber Monday sales
US equities were largely unchanged early on Monday, as investors analysed figures from Black Friday ahead of an important week on the macroeconomic front.
FTSE 100 movers: Glencore rallies, but BHP tumbles amid prospect of hefty fine
London’s FTSE 250 was up 0. 6% at 17,365. 79, recovering from early losses in line with the broader market.
German inflation picks up in November, Destatis estimates
German inflation improved in November, driven by an increase in food prices, according to an estimate from the Federal Statistical Office Destatis.
Stock Spirits drips lower after Friday warning and Nomura downgrade
Shares in Stock Spirits continued to leak lower on Monday after Friday's profit warning, with Nomura adding to the negative sentiment by downgrading the company and severely watering down its target price.
Broker tips: Cranswick, Pennon Group, Croda
Cranswick’s shares jumped as Investec reiterated its ‘buy’ rating on the stock and raised its target price to 1890p from 1870p after the food producer reported a 22% increase in first half adjusted profits to £31. 5m.
Gala Coral revenue up ahead of Ladbrokes merger
Gala Coral Group’s posted higher full year revenues and strong current trading ahead of the proposed merger with Ladbrokes.
National Express enters West Midlands bus alliance
Transport operator National Express signed up for the first Bus Alliance in the UK last week in the West Midlands.
Croda and Victrex gain as Goldman picks top chemicals stocks
Goldman Sachs has given Croda a 'buy' rating and taken a 'neutral' stance on Victrex as it began coverage on 16 companies in the European chemicals sector.
London midday: Stocks dragged lower by BHP Billiton, Aberdeen Asset Management
London stocks continued to decline at midday on Monday, led by Aberdeen Asset Management and BHP Billiton.
Europe midday: Stocks shake off early losses to trade higher with ECB in focus
European stocks shook off early losses to trade higher on Monday, as investors looked ahead to Thursday’s rate announcement from the European Central Bank.
KCom posts increase in interim revenue and profit
Telecoms provider KCom Group posted an increase in interim pre-tax profit and revenue thanks to good performances across the board.
BHP joint venture to be hit with £3.4bn lawsuit over dam breach
Legal action against BHP Billiton’s joint venture with Vale is expected to be launched on Monday to extract compensation after two tailings dams were breached at the beginning of the month.
BP completes deal to begin new joint venture with Rosneft
BP has acquired a 20% stake in an Eastern Siberia oil business with Rosneft as the Russian state-controlled oil group looks to further explore and develop one of the largest oil and gas condensate fields in the region.
Asia: Equities end November on a mixed note as probe into Chinese brokers continues
Asian stocks began the week on a mixed note, as the rebound in Chinese stocks was halted by the ongoing investigation into a number of brokerages.
Cranswick a 'buy' after profits jump in first half, Investec says
Cranswick’s shares jumped as Investec reiterated its ‘buy’ rating on the stock and raised its target price to 1890p from 1870p after the food producer reported a 22% increase in first half adjusted profits to £31. 5m.