Market Pulse
Branson profits as Alaska Air buys Virgin America for $4bn
Alaska Air has won the battle to take over Virgin America with a higher than expected offer of $57 a share that, all in all, values the carrier at roughly $4bn and is set to earn Sir Richard Branson a healthy profit.
Landore Resources discovers 'significant' gold prospect
Canada-focused miner Landore Resources has unearthed what it said is a "significant" gold prospect at its 100% owned Junior Lake property in Ontario.
Asia report: Japan drags mixed region down
Asian markets started the week mixed, with Japanese shares dragging while others shrugged off better-than-expected US jobs data out on Friday.
Onzima's N4 Pharma adds new vaccine particle to nanoparticle vector offering
One of Onzima Ventures' investee companies has secured an improved deal with the University of Queensland for joint research into cancer drug delivery systems.
UK construction activity growth unchanged in March, survey reveals
UK construction activity growth held steady in March as new business expansion moderated, a survey revealed on Monday.
Panama Papers: Australia, NZ begin investigations
Tax authorities down under began their week by investigating local clients of a Panamanian law firm, implicated at the centre of a large tax evasion scheme uncovered by a data leak on Sunday.
London open: Stocks flat as oil prices slide
The FTSE 100 opened flat on Monday following a mixed session in Asia as oil prices slid and markets in China, Hong Kong and Taiwan are closed.
Pets at Home postpones CFO appointment
Pets at Home group has delayed the joining date of Graeme Jenkins as group chief financial officer.
Europe open: Telecoms weigh as Bouygues-Orange tie-up falls through
The trading week in stockmarkets kicked off on a weak note on the Continent, with stocks in the telecommunications arena getting whalloped after a failed merger attempt between between Bouygues and Orange.
Ryanair March traffic up 28% to 8.5m customers
Ryanair's March traffic rose 28% to 8. 5m customers, while its load factor, the percentage of seats filled on the flight, increased 4% to 94% year-on-year.
Nature Group chairman Nigel Sandy to step down
Nature Group chairman Nigel Sandy has advised the company’s board of his intention to step down.
Anglo American agrees disposal of Foxleigh coal mine
Anglo American announced on Monday morning it had entered into a sale and purchase agreement to offload its 70% interest in the Foxleigh metallurgical coal mine in Queensland, Australia.
Monday newspaper round-up: Brexit, Migrants, Steel industry
Investment by large British companies has slowed dramatically because of rising fears among finance directors about the potential turmoil caused by a vote for Brexit in June. The possibility of Britain leaving the European Union is now regarded as the biggest threat to business by finance directors, eclipsing long-standing concerns such as weak demand in the euro area. - The Times .
London pre-open: Slightly higher start expected
Trading is expected to get off to a quiet start this week, with investors looking out to the release of a widely-followedservice sector survey Stateside later in the afternoon and the minutes of the Fed´s last rate-setting meeting, on Wednesday, for guidance.
Tiziana Life Sciences appoints new CFO
Tiziana Life Sciences has appointed Tiziano Lazzaretti as Chief Financial Officer, effective immediately.
Wood Group celebrates TAQA contract extension
FTSE 250 energy services firm Wood Group was celebrating a contract win on Monday morning, announcing it had been awarded a two-year extension to its service provision for the Abu Dhabi National Energy Company (TAQA) in the North Sea.