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IG Design posts record annual profit and revenue
AIM-listed greeting card manufacturer IG Design posted record annual profit and revenue on Monday thanks to a standout performance in the US, Europe and Australia, while the UK returned to growth.
Inmarsat 'in play' after Echostar bid, analysts divided
Inmarsat's rejection of a takeover approach, but not an offer, from US rival Echostar provoked a buzz among investors, with some analysts sharing the some excitement but others cynical.
Keywords Studios buys California-based Blindlight for up to $10m
Keywords Studios has bought video games services provider Blindlight for up to $10m from its founder, Lev Chapelsky.
AFH acquires York-based financial services firm
AIM-quoted wealth management firm AFH Financial Services completed its acquisition of York-based firm Corville Financial Services on Monday for a maximum purchase price of £2. 9m.
Old Mutual outlines Quilter IPO price range
Old Mutual revealed that the spin-off and initial public offer of its Quilter arm would be priced at 125p to 155p per share.
Auditor KPMG fined for work on Quindell
Audit firm KPMG and a senior partner has been fined £4. 6m and reprimanded by the UK accounting watchdog over its work on the financial statements of scandal-hit Quindell Plc for the period ended 31 December 2013.
London open: Stocks rise ahead of busy week; Trump-Kim summit in focus
London stocks rose in early trade on Monday, taking their cue from a positive Asian session as investors shrugged off an acrimonious G7 meeting and geared up for a busy week that includes a historic summit between North Korean leader Kim Jong Un and US President Donald Trump and three central bank meetings.
Vodafone holding in Vodacom to be diluted
Vodafone’s South Africa operation Vodacom announced a transaction to support incremental broad-based black economic empowerment (BEE) and ownership in Vodacom on Monday.
Rolls-Royce extends engine tests but maintains guidance
Rolls-Royce said on Monday that it has identified a durability issue with some Trent 1000 'Package B' engines that are used by Boeing.
NMC spins off Saudi hospital assets into JV with local pension fund
NMC Health has signed an agreement to form a joint-venture healthcare platform with the investment arm of Saudi Arabia's largest pension fund, the General Organization for Social Insurance, looking to take part in the kingdom's privatisation program.
London pre-open: Stocks to edge higher ahead of Trump-Kim summit
London stocks were set to edge higher at the open on Monday after an acrimonious G7 meeting in Quebec and ahead of a historic summit between North Korean leader Kim Jong Un and US President Donald Trump.
BCA Marketplace awaits Apax bid after rejecting one approach
Private equity group Apax Partners is mulling a potential buyout of BCA Marketplace, the car auction house and owner of WeBuyAnyCar. com, which rejected an earlier approach.
Monday newspaper round-up: Trade wars, Italy, Brexit, water companies
Germany accused President Trump last night of destroying Europe’s trust and threatened to retaliate against new trade tariffs as the row over the weekend’s disastrous G7 summit in Quebec escalated. In a combative appearance on German TV, Angela Merkel said that the EU was ready to take on the US in a trade war, and described Mr Trump’s behaviour in the aftermath of the G7 meeting as “sobering and a bit depressing”. - The Times.