Market Pulse
Empire State manufacturing index ticks down in July but beats forecast
Business conditions in the New York region deteriorated a little less than expected in July, according to a survey from the NY Fed.
Randgold workers down tools at Tongon mine
Work at Randgold Resources' Tongon mine in Côte d'Ivoire has been interrupted as workers go on strike.
Vectura poaches Immunocore CFO Paul Fry
London-listed pharmaceuticals business Vectura Group said it had appointed Paul Fry from Immunocore to take over as chief financial officer from Andrew Derodra.
Defenx warns of shortfall by September
Smartphone security firm Defenx warned investors on Monday that the conversion of new corporate opportunities into firm orders was taking "even longer than previously anticipated".
Asos sell-off 'overdone', says Citi
With Asos shares down 25% from highs earlier this year on various investor concerns, analysts at Citigroup said that this was an overreaction and upgraded its rating on the shares to 'buy'.
Flying Brands raises £0.5m to fund launch of StoneChecker software
Flying Brands has raised £0. 5m as a result of its Monday morning share placing to fund the design and manufacture of a commercial version of a cloud-based interface for its StoneChecker software.
Europe midday: Stocks turn lower as energy weighs but Deutsche Bank rallies on Q2
European stocks had turned mostly lower by midday on Monday following mixed Chinese data and amid weakness in the energy sector, but Deutsche Bank bucked the trend after solid second-quarter numbers.
London midday: Stocks turn lower as energy sector takes a hit
London stocks had fallen firmly into the red by midday as weaker oil prices weighed on the energy sector and the pound strengthened, with Hargreaves Lansdown leading the fallers after a report from the City watchdog.
John Laing Infrastructure Fund shares surge following potential cash buyout
John Laing Infrastructure Fund revealed on Monday that it was in talks with a consortium of funds about a potential cash buyout offer for the firm.
Caledonia Investments FD Stephen King to step down
Caledonia Investments said on Monday that Stephen King will step down from his role as finance director after nearly 10 years and leave the company once a successor has been hired.
GDP growth muted in China, though retail sales shine
Fresh data out of Beijing on Monday showed GDP growth slowing slightly in the People’s Republic, with second-quarter growth put at 6. 7%, compared to the 6. 8% seen in the first quarter.
Pubs boom as hot weather and World Cup pulls in punters
Hot weather and the start of the World Cup triggered a mini-sales boom for pubs in June at the expense of restaurant groups, a survey showed.
Totally's About Health wins two-year contract with NHS clinical commissioning groups
Out-of-hospital healthcare services provider Totally announced on Monday that its wholly-owned subsidiary About Health - a provider of community-based outpatient and referral management services - has been awarded a two-year contract, with the option to extend by a further two years, by the North Tyneside, North Durham and South Tees Clinical Commissioning Groups in the UK.
CentralNic and KeyDrive to combine in mega deal
Internet domain service company CentralNic has entered into a conditional agreement to acquire the entire share capital of KeyDrive and its subsidiaries for an initial consideration of $35. 8m, it announced on Monday.
US pre-open: Stocks to rise as investors eye Bank of America, Netflix earnings
US futures pointed to a positive open on Wall Street on Monday as investors eyed earnings from the likes of Bank of America and Netflix and a summit between US President Donald Trump and Russia's Vladimir Putin.
Yu Group pours money into growth as revenues accelerate
Corporate gas and electricity supplier Yü Group updated the market on its trading for the six months ended 30 June on Monday, reporting that group revenues were anticipated to be in the region of £35m, representing an increase of 69%.
Frontier IP's Tarsis enters collaboration agreement with large crop-protection firm
Frontier IP announced on Monday that its portfolio company Tarsis Technology - a spin-out from the University of Cambridge - has entered into a collaboration agreement with an unnamed “leading” manufacturer of crop-protection products.
Brave Bison to consult European Tour on its YouTube channel
Social video company Brave Bison has been selected by the European Tour as a strategic consultant to enhance the golf organisation’s YouTube presence, it announced on Monday.
Safestyle appoints Alan Lovell as chairman
Bradford-based double glazing group Safestyle has appointed turnaround specialist Alan Lovell as its new chairman.
Duke Royalty closes £44m fundraising, expects higher dividend yield
Alternative capital provider Duke Royalty has announced the close of a conditional placing and subscription to raise £44m, before expenses, by way of the issue of 100 million ordinary shares at a price of 44p per share.