Market Pulse
US close: Markets end lower as eyes turn to presidential debate
US stocks dropped on Monday as investors exercised caution ahead of the first US presidential debate and as OPEC met in Algeria.
FX round-up: Euro and yen set to strengthen, Citi says
Cable regained its composure following a late-Friday evening swoon on the back of remarks from the Foreign Secretary that Brexit negotiations would probably start in the early part of 2017.
Europe close: Banks lead losses
European stocks fell on Monday, with banks under the cosh as Deutsche Bank slid, despite a strong reading on German business confidence.
US open: Stocks fall ahead of presidential debate
US stocks dropped on Monday as investors exercised caution ahead of the first US presidential debate and as OPEC met in Algeria.
SpaceandPeople cancels dividend after making a loss in first half
SpaceandPeople, a retail, promotional and brand experience specialist, has not offered a dividend to its shareholders for the first time during its 2005 AIM listing following a poor performance in the first half.
Snapchat introduces one-minute US voter registration
Popular social media app Snapchat has made a new foray into politics - by allowing users to register to vote in the US presidential election this year.
Labour says it would introduce £10 living wage and tackle tax avoidance
Labour would increase the national living wage, which is likely to be above £10 an hour, shadow Chancellor John McDonnell announced as he said he would also bolster HM Revenue and Customs to tackle tax avoidance.
FTSE 100 movers: Carnival on the rise after Q3, but Lloyds drops on downgrade
London’s FTSE 100 was down 1. 3% to 6,818. 58 in afternoon trade.
Results round-up
Fibre optic infrastructure designer, builder, owner, and operator CityFibre announced the acquisition of the entire metropolitan local access duct and fibre network assets of Redcentric on Monday.
Rio Tinto launches $3bn bond buyback
Rio Tinto has launched a $3bn bond-buyback plan as the miner looks to use its put its cash to use.
Director dealings: Hikma trio building dominant stake
Hikma Pharmaceutical's founding family, led by including chairman and chief executive Said Darwazah, have spent another £6m buying shares in the drug maker in the last few days.
FTSE 250 movers: UDG healthcare gains but housebuilders retreat on BBA data
London’s FTSE 250 index was down 1. 2% to 17,716. 09 in afternoon trade.
Baron Oil shares up after modification to Islandmagee options
Baron Oil announced on Monday that it has agreed to a modification of the option it holds to acquire equity in Islandmagee Storage, the gas storage development company owned 90% by InfraStrata.
Standard Life to open real estate fund next month
After suspending its property fund in the wake of a post-Brexit crisis of confidence, Standard Life said it will re-open the fund next month.
Eastern European Property Fund swings to profit in first half
Eastern European Property Fund posted its unaudited half-yearly results for the six months to 30 June on Monday, confirming that all remaining units within the Nil Passage property, Istanbul, were sold during the period, generating aggregate proceeds of £0. 7m.
Green Dragon Gas reports progress with third Chinese development
London listed Green Dragon Gas, a producer of coalbed methane gas in China, reported that its Baotian-Qingshan block in the Guizhou province has moved to development status.
US new home sales edge past forecasts in August
Sales of new single-family homes Stateside fell 7. 6% month-on-month to reach an annualised pace of 609,000, according to the Department of Commerce.
Savannah Resources raises £1.42m in placing
Resource development company Savannah Resources announced on Monday that it has raised approximately £1. 42m, before expenses, through the placing of 28,208,973 new ordinary shares and subscription for 12,500,000 new ordinary shares at a placing price of 3. 5p per share, with both new and existing investors.
Carnival boosts full-year EPS guidance
Carnival saw net revenue yields grow near the top end of the company's guidance for the third quarter of its fiscal year, as management boosted its full-year guidance for earnings per share and sounded an optimistic note on its bookings for the next fiscal year.
Highland Gold posts first half growth, reports fatality
Highland Gold Mining reported its unaudited financial results and production figures for the half year to 30 June on Monday, with 127,697 ounces of gold and gold equivalent sold during the period, up from 119,277 ounces in the first half of 2015.