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Europe open: Stocks start higher with US shares and dollar in focus
Stocks have started the morning sharply higher, tracking a bounce on Wall Street after the S&P 500 bounced off a key level of technical support, its 200-day moving average.
Game Digital rallies on Sports Direct deal
Shares in AIM-listed Game Digital surged on Monday after it announced a collaboration with Sports Direct for the accelerated rollout of its BELONG gaming arena concept and said it has entered into a loan agreement with the company for facilities of up to £55m.
Lok'n Store boasts record sales but growth slows
Lok’nStore confirmed that January saw the self-storage company reach its highest ever level of new storage sales.
Acacia Mining loses £710m as Tanzania row leads to write-downs
Acacia Mining reported a massive £710m loss after writing down the value of its assets due to a dispute with the government of Tanzania but has cut costs to "remain competitive" in 2018.
Getlink reports new record for Channel Tunnel freight
Getlink - the new moniker for Groupe Eurotunnel - reported a new record for freight through the Channel Tunnel on Monday, as the infrastructure owner welcomed the announcement of new direct passenger services between London and Amsterdam.
Gaming Realms signs games development and licensing agreement with ITV
AIM-listed Gaming Realms, a developer, publisher and licensor of mobile real money and social games, has signed a multi-show game licensing agreement with ITV.
Heathrow reports 15th consecutive record month for passengers
Britain’s primary air hub reported a flying start to the year on Monday, with 5. 8 million passengers passing through Heathrow Airport in January.
Local Shopping agrees sale of four property portfolio
The Local Shopping REIT announced on Monday that it has exchanged contracts for the sale of a portfolio of four properties, for a cash consideration of £9. 465m.
Styles & Wood secures new Liverpool contract
AIM-listed integrated property services specialist Styles & Wood has secured a contract to deliver the fit-out and refurbishment of the India Buildings in Liverpool on behalf of its client Shelborn Asset Management.
Drilling begins and Conroy Gold's Clay Lake-Clontibret target
Gold exploration and development company Conroy Gold and Natural Resources announced on Monday that the planned drilling programme on its Clay Lake-Clontibret gold target in Ireland has now commenced, with two drill rigs mobilised to site.
London open: Stocks in the black after Wall Street rally
London stocks advanced in early trade on Monday following a positive session in Asia and a late bounce-back on Wall Street at the end of last week, although worries remained about rising inflation and higher interest rates.
Consumer spending falls in January for first time in five years
UK consumer spending fell in January for the first time since 2013 in what was the eighth decline in the past nine months, the latest spending data from Visa showed.
BGEO board approves demerger, to up stake in Bank of Georgia
BGEO Group said on Monday that its board has approved the demerger announced last July and that its investment business, Georgia Capital, plans to increase its stake in Bank of Georgia to 19. 9%, from the previously announced 9. 9%.
AVEVA combination with Schneider software cleared by US regulator
AVEVA Group updated the market on its proposed combination with the Schneider Electric software business on Monday, confirming that the review by the Committee on Foreign Investments in the United States has now finished, and clearance has been received for the merger.
Renewi sees FY in line, higher charges from council contracts
Waste management company Renewi on Monday said full year trading would be in line with expectations after a positive second half.
Euromoney offloads Global Markets Intelligence Division in $180.5m deal
Business information and events group Euromoney Institutional Investor has reached a binding agreement to sell its Global Markets Intelligence Division (GMID), consisting of CEIC and EMIS, to a consortium of CITIC Capital Partners Management and Caixin Global, for an equity value of $180. 5m.
London pre-open: Stocks set to gain on positive US, Asian cues
London stocks were set for a firmer open Monday following a positive session in Asia and a late bounce-back on Wall Street at the end of last week, although volatility was expected to persist amid ongoing worries about rising inflation and higher interest rates.
Saga signs new reinsurance agreement with NewRe and HannoverRe
Saga has signed a new reinsurance agreement with NewRe and Hannover Re.
Monday newspaper round-up: Aldi, Warren Evans, Tesco, Lloyds
Discount grocer Aldi has taken over from upmarket rival Waitrose as Britain’s favourite supermarket according to an influential shopper survey. The fast-growing German discounter has impressed shoppers with the quality of its fresh and own-label food as well as its special offers, according to the annual best and worst supermarket satisfaction survey by Which?. – Guardian.