Market Pulse
Metals Exploration taps Nick von Schirnding for chairman
Gold producer Metals Exploration said on Monday that it has appointed Nick von Schirnding as chairman, with immediate effect.
Plexus swings to profit in robust first half
Oil and gas engineering service provider Plexus Holdings reported a surge in sales revenue in its interim results on Monday, to £5. 9m, compared to £0. 71m a year ago.
Logitech shares slide on surprise CFO departure
Swiss computer accessories giant Logitech surprised markets on Monday, announcing that chief financial officer Charles Boynton would depart in May, having served in the role for just over a year.
GSK unveils promising results from endometrial cancer trial
GSK unveiled promising outcomes from a phase three trial of ‘Jemperli’, or dostarlimab, in treating primary advanced or recurrent endometrial cancer on Monday.
Asia report: Markets rise on back of robust China data
Japan's benchmark index spearheaded robust gains across the Asia-Pacific markets on Monday, bolstered by positive economic indicators and anticipation ahead of key central bank meetings.
Powerhouse Energy subsidiary secures first production train contract
Powerhouse Energy's wholly-owned Engsolve subsidiary has secured its maiden contract for the building and installation of its production train for TrimTabs, a South Wales-based process technology company pioneering the low-cost, sustainable production of carbon nanotubes.
Physiomics secures 'substantial new contract' with existing pharma client
Mathematical modelling and data science company Physiomics has been awarded "a substantial new contract" by an existing large pharmaceutical client.
Marlowe to return £150m to shareholders in H1
Business service and regulatory software company Marlowe said on Monday that subject to completion, proposed returns of capital were expected to commence during the first half of its FY25 financial year, beginning 1 April.
Molten Ventures to exit Perkbox investment
Venture capital firm Molten Ventures updated the market on its investment in Perkbox on Monday, after Great Hill Partners announced the merger of Vivup and Perkbox as well as an infusion of investment from the growth equity firm.
Bytes confirms Murphy's departure came amid undisclosed trading probe
Bytes Technology Group updated the market on the sudden recent resignation of its former chief executive officer Neil Murphy on Monday, confirming it came following revelations of undisclosed share transactions.
London open: Stocks steady as investors eye rate decisions
London stocks were steady in early trade on Monday as investors eyed rate decisions this week from the Bank of Japan, the Federal Reserve and the Bank of England.
Celsius subsidiary granted permit for MCB project
Celsius Resources updated the market on its its flagship Maalinao-Caigutan-Biyog (MCB) mining project on Monday, reporting that the Philippine Department of Environment and Natural Resources granted its subsidiary Makilala Mining Company (MMCI) a mineral production sharing agreement (MPSA) on 15 March.
Naked Wines drafts in Interpath Advisory amid tough trading - report
Naked Wines slid on Monday following a report the online wine retailer has drafted in debt advisers to explore refinancing options amid tough trading conditions.
British Land sells 50% stake in former Meta HQ to Royal London
British Land said on Monday that it has sold half its stake in London office 1 Triton Square - the former HQ of Facebook owner Meta - to Royal London Asset Management.
Pfizer to cut stake in Haleon to 24% from 32%
Consumer healthcare company Haleon said on Monday that Pfizer plans to sell around 630m shares in the company in a public offering.
Marshalls downgrades FY outlook, cites 'challenging end markets'
Marshalls downgraded its profit and revenue outlook for 2024 on Monday and posted a slump in full-year profits and revenue as the landscape products manufacturer was hit by "challenging end markets".
London pre-open: Stocks seen up as investors mull house price, manufacturing readings
London stocks were set to rise at the open on Monday as investors digested the latest readings on house prices and manufacturing, and eyed a UK inflation print and a policy announcement from the Federal Reserve on Wednesday.
Monday newspaper round-up: Mike Lynch, London population, heat pumps
A record 6. 7 million people in Britain are in financial difficulty, a campaign group has claimed, as the cost of living crisis pushes more households into debt. A survey for Debt Justice found that 13% of adults had missed three or more credit or bill payments in the last six months, a figure that rose to 29% among 18- to 24-year-olds and a quarter of 25- to 34-year-olds. – Guardian.
UK manufacturers continue to invest despite bleak outlook
Confidence levels among UK manufacturers remain "robust" despite a subdued economic outlook, according to a survey published on Monday by Make UK and the accountancy firm BDO.
House prices jump on stronger demand - Rightmove
House prices jumped in March, industry data showed on Monday, as confidence in the UK housing market continued to recover.