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Latest News
03 Dec
factory, factories, manufacturing
Eurozone manufacturing activity hits lowest level since 2016 - IHS/Markit

Growth in the eurozone manufacturing sector slowed a little in November, to its lowest level in more than two years, according to data released on Monday.

03 Dec
Drax power station, energy generator, electricity, power
Drax, Iberdrola amend deal on asset sale after EU court ruling

UK power generator Drax said it had revised the terms of its £702m purchase of Scottish Power assets after an EU court ruled Britain must stop a back-up power scheme aimed at avoiding electricity shortages.

03 Dec
ep stobart airreus
Stobart Group to cut fourth-quarter dividend

Southend airport owner Stobart Group said on Monday that it was cutting its fourth-quarter dividend and that current trading was in line with expectations.

03 Dec
McColl's
McColl's tumbles on profit warning

Shares in McColl's tumbled on Monday as the convenience shop and newsagent operator issued a profit warning due to disruption from the collapse of wholesaler Palmer & Harvey.

03 Dec
drilling oil
Diversified Gas and Oil expects results 'materially ahead' of expectations

US-based production outfit Diversified Gas and Oil now anticipates full-year results to be "materially ahead" of expectations.

03 Dec
london city skyscrapers
London open: Miners and energy shares lead the gains on Sino-US trade truce

London stocks rallied in early trade on Monday, taking their cue from an upbeat Asian session as investors welcomed a temporary trade truce between the US and China.

03 Dec
noticias
Monday newspaper round-up: Trade truce, Brexit, Barclays, Centrica

China has agreed to “reduce and remove” tariffs below the 40% level that Beijing is currently charging on US cars, Donald Trump has claimed, amid a trade war truce agreed by the two countries. The US president and Chinese leader Xi Jinping agreed to halt new tariffs during talks in Argentina on Saturday, following months of escalating tensions on trade and other issues. - Guardian.

03 Dec
libra, esterlina, divisa, moneda, reino unido pound currency
IP Group's Ultrahaptics raises £35m in new funding round

Intellectual property-based business developer IP Group said on Monday that its portfolio company Ultrahaptics, which uses haptics technology to create sensations of touch in mid-air, had completed a £35. 0m fundraising.

03 Dec
astrazeneca
AstraZeneca offloads rights to Nexium and Vimovo

AstraZeneca has completed an agreement to divest the prescription medicine rights to Nexium (esomeprazole) in Europe, as well as the global rights - excluding the US and Japan - to Vimovo (naproxen/esomeprazole), to Grunenthal, it announced on Monday.

03 Dec
london walkietalkie sunrise
London pre-open: Stocks seen higher as investors welcome Sino-US trade truce

London stocks were set for a positive open on Monday, taking their cue from an upbeat Asian session as investors welcomed a temporary trace truce between the US and China.

03 Dec
Spirax-Sarco offloads German unit, AstraZeneca divests two drugs to Grunenthal

London open The FTSE 100 is expected to open 124 points higher on Monday, having closed down 0. 83% at 6,980. 24 on Friday.

03 Dec
navy naval defence babcock
Babcock JV wins AUD $1.5bn naval contract

Naval Ship Management (NSM), a 50/50 joint venture between engineer Babcock and UGL, has been awarded a new contract by the Australian Defence Force, worth around AUD $1. 5bn (£860m) for up to 15 years.