Market Report
Amazon to open 10 pop-up stores in UK cities
Amazon is set to open 10 pop-up stores called Clicks and Mortar in different UK cities and will give 100 small online businesses an opportunity to sell on the high street for the first time.
Europe open: Stocks come off their session lows
Stocks across the Continent are moving rapidly off their lows of the session, helped by the release of steady readings for manufacturing sector activity in the euro area and China.
Total SA launches operations at 25-megawatt Japanese solar power plant
Energy firm Total SA has kicked off commercial operations at its 25-megawatt peak solar power plant on Japan's Honshu Island.
Argo Blockchain ups quarterly guidance following better than expected trading
Cryptomining service Argo Blockchain upped its second-quarter guidance by 57% on Monday after experiencing "significantly better than expected" trading conditions over the last six weeks.
UK manufacturing PMI registers unexpectedly sharp drop in May
Factory sector activity in the UK shrank for the first time in nearly three years in May, as companies began to unwind the stockpiles that they had built up ahead of the original Brexit date and amid increased trade tensions globally, according to the results of a closely-followed survey.
DWF Group revenues continue to grow
Legal services group DWF saw revenues continue to improve in its last trading year, driven by double-digit growth in its connected services and international units.
Jefferies reiterates 'buy' on Tesco ahead of Q1 sales, Capital Markets Day
Analysts at Jefferies reiterated their 'buy' recommendation on shares of Tesco, telling clients that the company's first quarter sales figures and Capital Markets Day would confirm steady progress in the UK and the increasingly cash generative nature of the business.
London open: Investors reassess growth outlook amid US-China trade war
Stocks in London have started the session lower, with the positive impact from the release of a stronger-than-expected reading on China's manufacturing sector overnight swamped by investors' increasing concerns around the outlook for growth.
UK Oil & Gas acquires majority interest in PEDL 143 licence
UK Oil & Gas has acquired a further 20% interest in UK onshore licence PEDL 143 from Ireland-focussed exploration, development and production company Europa Oil & Gas.
LightwaveRF losses widen despite doubling revenues
Home automation company LightwaveRF saw losses widen in the first half of its trading year, despite revenues more than doubling throughout the period.
Benchmark Holdings' earnings and revenues swim ahead in 'solid' first half
Aquaculture firm Benchmark Holdings revealed on Monday that both EBITDA and revenues had improved during the first half of its trading year.
Sirius Real Estate profits boosted by revaluation gains
Business park operator Sirius Real Estate saw pre-tax profits grow during its last trading year on the back of almost €100m- worth of revaluation gains.
London pre-open: Stocks set for lower start despite better than expected China PMI
Stocks in London are set for a slightly lower start to the trading session, tracking losses seen at the end of last week on Wall Street, despite the release of a stronger-than-expected reading on China's manufacturing sector overnight.
Trials show AstraZeneca's Lynparza delaying pancreatic cancer progression
AstraZeneca announced on Monday that its Lynparza pancreatic cancer drug has returned positive phase three trial results, doubling the amount of patients with no disease progression.
Caixin China manufacturing PMI steady in May, surprising consensus
Activity in China's manufacturing sector was steady last month, according to the results of perhaps the most closely-followed survey of conditions in the sector.
Monday newspaper round-up: Taiwan, Global airlines, Manufacturing
Beijing is prepared to take “resolute action” to press its claims over Taiwan, China’s defence minister has warned as he argued that suppressing the Tiananmen revolt in 1989 was justified. Speaking at a security conference in Singapore yesterday General Wei Fenghe criticised US support for Taiwan, vowing that the People’s Liberation Army (PLA) would not "yield a single inch of the country’s sacred land". China considers Taiwan to be a breakaway province since a bloody civil war in the 1940s and seeks to unify with the island.