Market Report
Applied Materials to buy Japan's Kokusai Electric for $2.2bn
Chip-making equipment supplier Applied Materials has agreed to buy Japan's Kokusai Electric from investment firm KKR for $2. 2bn in cash.
Brussels launches probe into Spanish aid for Peugeot
The European Commission will investigate if Spain broke state aid rules with a €21m grant awarded to French car giant Peugeot.
Deutsche Bank to lay off as many as 20,000 people
Deutsche Bank could slash as many as 20,000 jobs in its biggest revamp in years, Bloomberg reported on Monday.
US pre-open: Stocks set to surge following ceasefire in US-China trade war
Wall Street stocks looked set to surge at the open on Monday as participants digested news coming from China, Japan and North Korea over the weekend.
Gfinity earnings grow as new account wins boost revenues
E-sports business Gfinity reported strong revenue growth in its last trading year, with new account wins driving an improved set of underlying earnings.
Eurozone manufacturing falters amid tough economic conditions
Eurozone manufacturing eased in June, as the sector battled an increasingly challenging economic environment, a survey published on Monday showed.
Iran breaches enriched uranium limit, says report
Iran’s enriched uranium stockpile has exceeded the 300 kilogram limit permitted under its nuclear deal, according to a report from the nation's semi-official Fars news agency on Monday which cited an "informed source".
Europe midday: Stocks jump after US-China trade talks, some analysts remain cautious
Stock markets across the Continent cheered the trade truce struck between the US and China at the weekend, looking past weak readings on euro area and Chinese manufacturing, although some analysts remained of a clearly cautious bent.
Hurricane Energy plugs and abandons Warwick Deep well
Shares in Hurricane Energy slumped on Monday after the company said it had decided to plug and abandon its Warwick Deep well off the west coast of the Shetland Islands.
Asia report: Markets mostly higher as Trump and Xi agree ceasefire
Markets in Asia were mostly in the green on Monday, as investors digested the news that Donald Trump and Xi Jinping had agreed a fresh ceasefire in the ongoing trade war between the US and China.
Chinese manufacturing sector shrinks unexpectedly in June
Activity in China's manufacturing sector cooled further last month, prompting some analysts to anticipate slower economic growth overall and additional monetary easing from the People's Bank of China.
Fed's Clarida notes impact of trade uncertainty on business investment
The US central bank's second-highest ranking official reiterated the monetary authority's readiness to act "as appropriate" in order to sustain the economic expansion, strong labour market and price stability, while noting the potential impact that uncertainty about trade policy might have on business investment.
Science Group surprises Frontier Smart Technologies with sweetened offer
Science Group said on Monday that it was lifting its offer for Frontier Smart Technologies to 35p a share.
Eurozone unemployment rate dips in May
The eurozone unemployment rate unexpectedly fell in May, according to figures released by Eurostat on Monday.
German jobless claims drop less than expected in June, unemployment rate steady
German jobless claims dropped less than expected in June, according to data released by Destatis on Monday.
Lekoil announces Green Energy joint venture at Otakikpo
Nigeria and West Africa-focussed oil and gas exploration and development company Lekoil announced the Otakikpo joint venture between Green Energy International and itself on Monday.
Telit Communications reaches settlement with LSE
Internet of Things enabler Telit Communications has agreed to settlement terms with the London Stock Exchange over a public censure fine of £350,000 for breaches of two different rules.
Cluff seeking farm-out partner at Dewar Prospect
Natural resources investing company Cluff Natural Resources updated the market on the commercial feasibility of the Dewar Prospect and the farm-out process on licence P2352 on Monday.
Wilmcote appoints former Laird finance head as CFO
Chemicals company investor Wilmcote has appointed former Laird executive Kevin Dangerfield to its board as chief financial officer with immediate effect.
CentralNic acquires domain reseller Hexonet
Domain name registration business CentralNic has agreed to buy domain reseller Hexonet for as much as €10m.