Market Pulse
US open: Stocks decline after slump in Asia
US stocks were under pressure on Monday as traders weighed a decline in Asian stocks and weak Chinese manufacturing data.
GM invests USD500m in Lyft to develop self-driving ride-sharing cars
General Motors has invested $500m in ride-sharing technology group Lyft as part of a joint venture to develop driverless cars.
FTSE 100 movers: Miners slump on China data but Randgold shines
London’s FTSE 100 was down 2. 2% to 6,106. 37 at 1418 GMT, kicking off the new year with broad-based losses following the release of uninspiring Chinese data.
Midatech particle technology to be used in vaccines
Midatech Pharma's proprietary technology received a boost on Monday, with the news it had signed a licensing agreement with a private British biotechnology company.
Tuesday preview: Eurozone CPI forecast to improve in December
Eurozone inflation is expected to have improved in December after the European Central Bank boosted its stimulus measures.
HSBC lifts AstraZeneca target price on haematological cancer forecasts
HSBC has hiked its target price for AstraZeneca shares after the pharmaceutical giant's acquisition of cancer specialist Acerta Pharma a week before Christmas.
Sell into any equity strength, says JPMorgan
Several factors will prop up European equities in the near term, although medium-term prospects have worsened and investors should sell into any strength, said JPMorgan Cazenove.
Analysts eye fresh regional elections in Spain's Catalonia region
The independence movement in Catalonia suffered somewhat of a set-back over the weekend, with new regional elections now considered by analysts to be far more likely.
Brazilian manufacturing PMI continues to wallow in negative territory
Brazil's economic problems continue unabated, with a survey of purchasing managers in the manufacturing sector showed continuing declines in recent weeks, leading to worries that Latin America’s largest economy is some way from hitting rock bottom.
Royal Mail bid for Dutch rival 'unlikely', says Credit Suisse
Credit Suisse has cast doubt on rumours of a bid by Royal Mail for Dutch rival PostNL.
German inflation falls unexpectedly in December
German inflation surprisingly slowed to 0. 2% in December, with economists having forecast an acceleration.
German economy generates less inflation than expected in December
Current levels of economic activity in Germany were not exerting as much pressure on inflation as analysts had expected, preliminary data from four of the country’s federal states, or Lander, published on Monday suggested.
Big new US deal for Arria NLG
Next generation language technology will be helping staff at a large US electric utility in their decision-making soon, with Arria NLG announcing a new agreement on Monday morning.
Trading in Chinese stocks halted after prices plunge
Trading in Chinese stocks was halted on Monday following a plunge in share prices.
Evgen appoints new Chief Medical Officer
Evgen Pharma announced the appointment of a new Chief Medical Officer on Monday.
US pre-open: Futures point to heavy losses with China data set to weigh
US stocks looked set to start the new year firmly in the red on Monday, tracking weak sessions in Asia and Europe, following disappointing Chinese manufacturing figures.
M&S will underperform peers for years, Credit Suisse says
Adverse weather led to another month of very soft comparables for retailer Marks&Spencer, but far more important for the company would be whether it could downsize its general merchandise store estate, Credit Suisse told clients.
London midday: Equities drop after disappointing manufacturing PMIs
London stocks were in the red on Monday after disappointing manufacturing data in the UK and in China.
Europe midday: Stocks slide as China data reignites slowdown fears
European stocks got off to a shaky start in 2016 with heavy losses across the board as a fall in China's stock market led to wider worries about the world’s second-largest economy, outweighing positive data for the eurozone.
Mortgage approvals bounce back, Bank of England data shows
The Bank of England has revealed that mortgage lending picked up the pace again in November, rising by the largest amount since February 2008.