Market Report
Apollo Global Management may announce RPC takeover - report
The acquisition of RPC Group by American private equity outfit, Apollo Global Management, could be announced as soon as Tuesday.
Commodities: Copper slips after weak China GDP numbers
Commodities were little changed at the start of the week, with most markets closed in observance of the Martin Luther King Jr. holiday in the States, including the Chicago Board of Trade.
Europe close: Stockmarkets dip amid mixed news on trade
Stocks on the Continent dipped at the start of the week amid mixed news around the ongoing US-China trade talks and after the International Monetary Fund took an axe to its growth forecasts for Germany.
London close: Stocks little changed as May sets out 'Plan B'
London stocks were little changed on Monday as investors awaited Theresa May’s presentation of her ‘Plan B’ on Brexit to the Commons and digested Chinese growth figures.
Tuesday preview: Employment report, Easyjet in focus
The focus on Tuesday will be on the UK employment referencing the month of November, alongside public sector borrowing figures for last month.
Draper Esprit pours cash into Earlybird Digital
Venture capital firm Draper Esprit announced on Monday that it is furthering its strategic partnership with Earlybird Digital West, as it initially announced in July last year.
FTSE 250 movers: Gold miners drop, Superdry bounces
London’s FTSE 250 was down 0. 16% at 18,734. 24 in afternoon trade on Monday, as Indivior and gold miners led the index a fraction lower.
Google handed record €50m fine for GDPR breaches
Google was handed a record €50m fine by French data regulator CNIL on Monday for breaching the EU's new general data protection regulation (GDPR).
FX round-up: Sterling ekes out small gain as PM sets out 'Plan B'
Sterling managed to eke out a small gain at the start of the week, even as the Prime Minister set out her 'Plan B' to Parliament, although the market reaction was very limited, partly due to light trading volumes, given the absence of US traders from their desks on Martin Luther King Jr. Day.
Directors dealings: Johnson Matthey chairman buys-in
Johnson Matthey chairman, Patrick Webster Thomas, picked-up a large batch of shares in the company he helps run.
Just Eat delivers tasty numbers, but CEO dismounts
Just Eat said profits for the past year were ahead of forecasts but and are likely to accelerate in the coming year, but that chief executive Peter Plumb has left the online takeaway food marketplace a little over a year after he started.
Nakama Q3 hit by weak Asia performance
AIM-listed recruitment consultancy Nakama said on Monday that its third-quarter performance was hit by weaker-than-expected trading in Asia.
Asia report: Markets make gains despite disappointing China data
Markets in Asia started the week with gains across the board after their respective sessions on Monday, even as investors sifted through some disappointing data on China’s economy.
BAE to create UK-based Land Systems JV with Rheinmetall
Defence company BAE Systems has sold a 55% stake in its Land UK tank and combat vehicle division to Germany's Rheinmetall.
Kingfisher's earnings seen at risk, RBC downgrades
RBC Capital Markets downgraded Kingfisher on Monday as the B&Q owner faces and unsupportive domestic outlook and structural and execution issues in France.
FTSE 100 movers: Kingfisher hit by downgrade but AstraZeneca makes gains
London's FTSE 100 was flat at 6,966. 66 in afternoon trade on Monday as investors eyed Theresa May's presentation of her Brexit 'Plan B' to Commons.
FCA launches investigation into Accrol statements
Just a day before the release of its half-year results, Accrol Group Holdings announced that it was being investigated by the Financial Conduct Authority.
Cross-party amendments to 'meaningfully change' Brexit risk balance - Citi
Two parliamentary amendments proposed by MPs on both sides of the House of Commons on Monday could have meaningful short- and long-term consequences for Brexit and the UK business environment, experts said on Monday.
BofA-ML forecasts stronger Russian rouble
Analysts at Bank of America-Merrill Lynch forecast a stronger rouble for 2019, pointing to upwards revisions to their projections for the Russia Federation's current account surplus and perhaps also a 'hawkish' central bank.
SDL earnings to come in above analysts' expectations
In a brief trading update on Monday, software and professional services company SDL said all parts of its business had performed well in the year to the end of December 2018.