Market Report
Bank of Georgia secures $10m loan with EFSE
Bank of Georgia subsidiary JSC Bank of Georgia has entered into a $10m subordinated loan agreement with the European Fund for Southeast Europe.
Antofagasta confirms death of 34-year veteran director Menendez
Antofagasta on Monday confirmed that long-serving non-executive director Gonzalo Menendez passed away over the weekend following a period of illness.
San Leon upbeat on 20-year extension to Nigeria licence
San Leon Energy announced on Monday that Eroton, the operator of the OML 18 licence, onshore Nigeria, has received a 20-year licence renewal for OML 18.
PureTech's Vedanta Biosciences enrols first patient in food allergy treatment study
Biopharmaceutical company PureTech Health noted on Monday that its affiliate Vedanta Biosciences had enrolled the first patient in the phase 1b and 2 clinical study of ‘VE416’.
Block Energy strikes storage deal with Georgian state oil company
Georgia-focussed exploration and production company Block Energy has entered into an oil storage leasing agreement with the state-owned national oil company of Georgia, Georgian Oil and Gas Corporation (GOGC), it announced on Monday.
SThree COO Justin Hughes steps down
Specialist staffing company SThree said on Monday that chief operating officer Justin Hughes has stepped down with immediate effect after 25 years at the company.
WPP sells minority stake in Chime Group for £54.4m
Advertising giant WPP has sold its minority stake in sports, entertainment and communications company, Chime Group, to the majority shareholder Providence for £54. 4m.
Weir finalises £275m sale of flow control division
The Weir Group has completed the sale of its flow control division to First Reserve, it confirmed on Monday.
Aston Martin's biggest shareholder could buy further 3% stake
Aston Martin's biggest shareholder said on Monday that it is considering buying a further stake in the luxury car maker.
London open: Stocks rally on Sino-US trade hopes; Future surges
London stocks rose sharply in early trade on Monday amid renewed optimism over Sino-US trade relations, after the two nations agreed a truce over the weekend.
Fresnillo voluntarily aligns tax treatment across mining operations
Fresnillo updated the market on the tax treatment of its mining works on Monday, reporting that in 2017 the Mexican tax authorities (SAT) opened a routine audit into the 2014 tax returns of two of its underground mining subsidiaries.
DS Smith completes sale of businesses in France and Portugal
DS Smith announced on Friday that, following the fulfilment of all closing conditions, the sale of two packaging businesses in north west France and Portugal to US company International Paper for €63m (£56m) was completed on 28 June.
Rio Tinto appoints Barbara Levi as new group general counsel
Rio Tinto has appointed Barbara Levi to succeed Philip Richards as a group executive and group general counsel, it announced on Monday.
AstraZeneca receives positive opinion from EMA on Fasenra, Future flags expectations-beating results
London open The FTSE 100 is expected to open 63 points higher on Monday, having closed up 0. 31% at 7,425. 63 on Friday.
London pre-open: Stocks seen higher amid Sino-US trade optimism
London stocks were set to gain at the open on Monday amid optimism over Sino-US trade relations.
Monday newspaper round-up: Mobile banking, HSBC, Woodford
Mobile banking is set to be more popular than visiting a high street bank branch within two years, according to new forecasts, highlighting how technology is transforming the way Brits bank. The tipping point will arrive in 2021, according to analysis by the consultancy Caci, when the number of customers regularly using branches will be overtaken by those using apps. – Guardian.