Market Pulse
US close: Markets higher after bumper sales weekend for retailers
Wall Street trading finished Monday in the green, as oil prices staged a timid bounce and stocks tried to recover from record-breaking losses over the Thanksgiving week.
Italy to consider lowering deficit in move to end EU row
Italy had said it could consider reviewing its spending plans for next year in an attempt to end a row with the EU over its budget.
Bitcoin accumulates 72% loss in 2018 as it falls below $4,000
Bitcoin fell below $3,700 on Monday as the cryptocurrency sell-off sparked by investor concerns over increased regulatory scrutiny extended, bringing the year-to-date slide in its value to 72%.
Tuesday preview: Fed vicechairman, Pennon in focus
All eyes on Tuesday are likely to be on a speech by US Federal Reserve vice-chairman, Richard Clarida, as investors try to better gauge at what pace the central bank is likely to continue to tighten policy.
Director dealings: Amerisur CEO ups stake
Amerisur Resources chief executive John Wardle purchased 8. 12m ordinary shares in the full-cycle oil and gas company.
ECB 's Draghi expects only slight slowdown in euro area growth
European Central Bank chief Mario Draghi believes that the headwinds buffeting the single currency bloc are only partly transitory, although he expects the Eurozone economy to continue growing at a steady clip.
GW Pharmaceuticals stock flies 4.8% after reporting positive test trial
GW Pharmaceuticals stock rose by 4. 8% on Monday after it announced positive test results from new cannabis-based drug trials.
FTSE 100 movers: Wood Group boosted by upgrade; Melrose moves lower
London's FTSE 100 was up 1. 2% to 7,035. 16 in afternoon trade on Monday.
US open: Positive open on the Street following solid performance by retailers over Black Friday
Wall Street trading began on a positive note on Monday as oil prices staged a timid bounce and stocks tried to recover from record-breaking losses over the Thanksgiving week.
Lamprell wins contract with Saudi Aramco
Oil rig construction company Lamprell was on the front foot on Monday after saying it has been awarded a contract with Saudi Arabia’s Aramco.
Significant monetary policy stimulus still needed, ECB's Praet says
The European Central Bank's chief economist continued to sound an upbeat note on the outlook for economy activity and inflation in the single currency bloc.
RBC downgrades Pennon, Severn Trent on regulatory fears
Analysts at RBC Capital Markets downgraded Pennon on Monday on the belief that the water and waste group will have a difficult time outperforming many of its peers.
HSBC ups Wood Group to 'buy' as it says selloff overdone
Wood Group got a boost on Monday as HSBC upped the stock 'buy' from 'hold' and lifted the price target to 780p from 725p arguing that recent downside represents an entry point to a quality name with diversified exposure.
Lekoil asks Nigerian authorities for more time at OPL 310
Africa-focussed oil and gas exploration, development and production company Lekoil has written to the Federal Ministry of Petroleum Resources in Nigeria for a relief from enforcement of expiration of the exploration licence for lease OPL 310, it announced on Monday.
Cohort's MASS Consultants awarded new £20m contract
Independent technology group Cohort announced on Monday that its wholly-owned subsidiary MASS Consultants has been awarded a contract to supply electronic warfare operational support software and services, valued at £20m.
VR Education launches re-built Apollo 11 experience
Education-focussed virtual reality (VR) technology company VR Education announced the launch of Apollo 11 HD on the HTC Vive, Oculus Rift and Windows Mixed Reality platforms on Monday.
GAN expands presence in Italy with Goldbet launch
Internet gambling software provider GAN announced the launch of internet gaming content for Italian sports betting and casino gaming operator Goldbet on Monday.
Disney, GKN and Samsung's lobbying policies among worst in UK
Disney, GKN and Samsung are among the companies labeled worst offenders regarding their political lobbying policies in the UK, Transparency International reported in its latest study published on Monday.
Sylvania Platinum shareholders approve maiden dividend
Sylvania Platinum confirmed on Monday that at its annual general meeting on Friday, shareholders approved a maiden dividend for the year ended 30 June of 0. 35p per share.
Toyota Tsusho shows interest in PowerHouse Energy technology
Waste-to-hydrogen technology company PowerHouse Energy Group has received a formal invitation from Toyota Tsusho Corporation of Japan to engage in advanced commercial discussions regarding its ‘DMG’ technology, it announced on Monday.