Market Pulse
Clothing retailers face more tough times from Brexit, Nielsen survey shows
British consumers are planning on cutting down their spending on new clothes and many are mulling moving their regular grocery shop to one offering lower prices, according to new market research published on Monday.
Facebook facing $1bn legal action over Hamas attacks
Facebook is to be sued by the families of 5 American victims of Hamas attacks in Israel, as they claim that the social media site was used by Hamas to coordinate assaults.
Berenberg reiterates sell on Antofagasta
Antofagasta´s full-year copper production was likely to fall short of its estimates despite the company´s efforts, Berenberg said, leading its analysts to reiterate their 'sell' recommendation on the stock.
US open: Markets start higher as nonfarms reading lingers
US stocks opened at some of their best levels of the year on Monday, as the markets kicked off the new earnings season and investors continued to react to a surprisingly strong non-farm payrolls report last week.
RBC bumps up target price for Rentokil, retains as 'top pick'
Things were still looking up for Rentokil despite the strong run which the shares had enjoyed year-to-date, which had seen them outperform the Footsie by 23%, analysts at RBC said.
Burberry replaces Bailey as CEO with Céline's Gobbetti
Burberry chief executive Christopher Bailey has been replaced in the role after less than three years by Marco Gobbetti, currently boss of LVMH's Céline luxury brand, as the Yorkshireman steps back to focus solely on the role of chief creative officer.
Pinewood's FY revenue rises as it says it won't be affected by Brexit
Film and TV studio Pinewood, home to Bond’s Spectre and Star Wars: The Force Awakens, reported an increase in full year revenue as it completed part of is development programme and said it does not expect to be affected by Brexit.
Deutsche Boerse lowers threshold necessary for tie-up with LSE to proceed
Deutsche Boerse lowered the threshold of shares which needed to be tendered in order for its merger with the London Stock Exchange to continue moving forward.
Domino's delivers Vodafone's Osborne as new CFO
Quick-service food company Domino’s Pizza announced on Monday that its board has agreed to appoint Rachel Osborne as an executive director and chief financial officer.
US pre-open: Stock futures jump as new earnings season begins
US stocks are expected to open higher on Monday as the new earnings season begins and as investors continued to weigh a strong non-farm payrolls report.
London midday: Miners pace gains on stimulus hopes, upbeat US jobs data
London stocks were continuing to push higher come midday, carried by positive sentiment from Asia and the US, with domestic thoughts turning to the Bank of England monetary policy meeting scheduled for later in the week.
Airbus closes in on $12.57bn AirAsia deal for A321s
Airbus is set to complete a major order for 100 aircraft as AirAsia seek to bolster their fleet at the Farnborough International Airshow this week, according to Bloomberg sources.
Line expected to raise $1.3bn in IPO ahead of dual listing
The leading messaging app in Japan, Line, is set to gain $1. 3bn after raising the price for its initial public offering (IPO) to 3,300 yen, or $33 a share ahead of its debut in the Tokyo and New York stock exchanges this week.
Thompson Reuters sells intellectual property unit for $3.6bn
Thomson Reuters has agreed to offload its Intellectual Property & Science business for $3. 6bn cash to buyout pair Onex and Baring Private Equity Asia.
Graduate jobs likely to be cut due to Brexit uncertainty
Graduate recruitment is likely to reduced in light of Brexit due cost cutting and economic uncertainty.
Lead-up to Brexit vote hits SThree profits
Recruitment company SThree posted first-half numbers on Monday, with an 8% fall in profits being attributed to managers putting hiring decisions on ice in the lead-up to the EU referendum.
Europe midday: Stocks rally amid speculation of further Japan stimulus
European stocks advanced on Monday as investor sentiment was lifted on the prospect of further stimulus in Japan and by a strong US jobs report.
Diurnal and IP Group eye 2017 launch for childhood hormonal treatment
Diurnal Group, 45%-owned by university spin-out specialist IP Group, has produced positive clinical trial results for its treatment for a rare hormonal disease in young children.
Minister tells Southern Railway to pull up its socks
Under-fire train operating company Southern Railway has been warned by the rail minister to pull up its socks - or risk having its parent company barred from bidding for any future franchises.
Boeing set to double UK workforce in next 10 years
Chicago-based aircraft manufacturer Boeing are set to double their amount of employees in the United Kingdom after the winning of two important defence contracts in the region.