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Market Pulse
25 Oct
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Mondi to close Stambolijski mill in Bulgaria after fire

Paper and packaging group Mondi said on Friday that it has decided to permanently close its Stambolijski mill in Bulgaria following the fire there last month.

25 Oct
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Asia report: Markets mixed ahead of Japan's general election

Asia-Pacific markets presented a mixed picture on Friday as investors remained cautious ahead of Japan's general election, set to take place over the weekend.

25 Oct
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Thames Water secures £3bn loan to see it through the next year

Thames Water secured a critical £3bn loan on Friday, to sustain operations through to October next year.

25 Oct
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Celebrus Technologies delivers 'another strong H1 result'

Data solutions provider Celebrus Technologies said on Friday that it had delivered "another strong H1 result", leaving the group confident that it will see another year of progress and a full-year performance in line with management expectation.

25 Oct
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Citi downgrades SSE to ‘sell'

Citi downgraded SSE on Friday to ‘sell’ as it cited concerns about the deployment of its offshore wind fleet.

25 Oct
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Van Elle secures 'strategically important contracts' with ONxpress

Ground engineering contractor Van Elle's Canadian rail subsidiary has been awarded two "strategically important contracts" by ONxpress.

25 Oct
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Airtel Africa slumps as H1 profits, revenue drop

Airtel Africa slumped on Friday as it posted a decline in first-half profit and revenues.

25 Oct
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Kooth refutes reports of slow uptake for its mental health service

Kooth issued a statement addressing recent share price movement on Friday, following an article on 24 October that it said contained outdated information on its California operations.

25 Oct
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Learning Technologies extends takeover talks with General Atlantic

Learning Technologies Group announced an extension of the ‘put up or shut up’ (PUSU) deadline in its ongoing discussions with General Atlantic on Friday, after the latter recently made a conditional approach to acquire it for 100p per share in cash.

25 Oct
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London open: FTSE dips as wariness sets in ahead of Budget

London stocks dipped in early trade on Friday as investors mulled a decline in consumer confidence and as wariness set in ahead of next week’s Budget.

25 Oct
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Record assets under management grow in Q2

Currency and asset manager Record said on Friday that assets under management had grown in the three months ended 30 September.

25 Oct
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FirstGroup buys Shropshire bus operator Lakeside

FirstGroup announced the acquisition of Lakeside Group on Friday, a bus and coach operator based in Shropshire and Cheshire.

25 Oct
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London pre-open: Stocks to nudge lower; consumer confidence dips

London stocks were set to nudge lower at the open on Friday as investors mulled a decline in consumer confidence and as wariness set in ahead of next week’s Budget.

25 Oct
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Friday newspaper round-up: Tax rises, WiseTech Global, heat network zones

City firms are only rarely docking pay and bonuses in cases of bad behaviour including sexual harassment, bullying and drug use, according to the industry’s watchdog, which recorded a 40% rise in complaints about non-financial misconduct last year. The findings are the result of the City regulator’s first survey looking at the issue, which was launched in the wake of high-profile allegations of sexual harassment, including those against individuals at the Confederation of British Industry (CBI) lobby group.