Market Pulse
German business confidence misses expectations in January
A reading on German business confidence for January came in weaker than expected on Monday.
Europe open: Stocks in the red as oil slides and Ifo disappoints
European stocks edged lower in early trade as oil prices slid again and following softer-than-expected data on German business sentiment.
London open: Stocks decline as oil prices fall again
UK stocks declined on Monday as oil prices slid, reversing Friday’s recovery.
Brexit would result in toxic mix for UK, Credit Suisse says
A decision by the UK to leave the European Union could see a further sharp drop in the pound and lead to an "immediate and simultaneous economic and financial shock for the UK," amid a toxic mix of depressed confidence, tightening financial conditions and falling real incomes, Credit Suisse said in a research report sent to clients.
3i rallies on upbeat notes from SocGen, Barclays
3i was a high riser on Monday amid a couple of upbeat broker notes.
Imagination Technologies reviewing options for Pure division
Multimedia, processor and communications technology company Imagination Technologies said on Monday that it is reviewing strategic options for its audio products division Pure.
Ophir Energy signs Fortuna contract with Schlumberger
Ophir Energy has signed a non-binding head of terms agreement with Schlumberger, which will receive a 40% interest in the company’s Fortuna project in Equatorial Guinea.
London pre-open: Stocks to start higher with traders focused on oil, central banks
UK equities are seen starting the day on the front-foot following following another strong rebound on Wall Street last Friday and gains overnight on the main Asian bourses.
Lookers sells Honda dealerships
Lookers has sold three of its Honda dealerships to Vertu Motors for approximately £2m.
LondonMetric sells Preston Odeon for £10.2m
LondonMetric has sold the Odeon Multiplex Cinema property in Preston for £10. 2m, the FTSE 250 company announced on Monday.
Sky invests in advertising analytics company
Sky has invested $10m (£7. 0m) in programmatic marketing analytics, data management and media activation software company DataXu.
Monday newspaper round-up: Brexit, dividends, Unilever, HSBC
A British exit from the EU would isolate the country’s scientists and reduce its influence in medicine, global pharmaceuticals executives have warned, as David Cameron fights for a deal in time for a June referendum. The warning by executives at some of the world’s biggest drugmakers follows a plea by the UK prime minister for business to enter the debate and comes as the pro-Europe campaign steps up its rhetoric over the potential risks of Brexit. – Financial Times.