Market Pulse
Saudi makes case for 1.0m b/d cut in crude oil output
Riyadh and its allies should cut their combined output of crude oil in order to balance the market, Saudi Arabia believes, but it remains to be seen if other producers will participate in any reductions.
FX round-up: Sterling and euro battered, rouble gets unexpected boost
Sterling reeled against the Greenback at the start of the week as the US dollar spot index jumped to its loftiest level since May 2017.
Small cap round-up
Funeral provider Dignity posted a drop in profits on Monday as it continues to battle competition in the market.
Tuesday preview: All eyes on Cabinet meeting, Italian budget
All eyes on Tuesday will be on a meeting of the Cabinet and on whether any progress is achieved on Brexit negotiations.
Europe close: Politics in focus, Technology issues hammered
Stocks have begun the week lower, with early gains evaporating alongside another move lower in the single currency and talk of continued outflows from risk assets in Europe.
Barnier says main Brexit framework 'largely defined' - FT
The EU’s chief Brexit negotiator on Monday told ministers from the EU’s remaining member states that the main points of a Brexit deal were ready to present to the UK cabinet on Tuesday, according to The Financial Times.
Canaccord drops target price on Playtech despite 'positive' update on Asia
Analysts at Canaccord Genuity cut their target price on gambling software company Playtech on Monday despite its "positive response" to the group reiterating its full-year guidance and signs of "some" stabilisation in the firm's Asian business.
Broker tips: Informa, JD Sports, Sports Direct, Hikma Pharmaceuticals
Kepler Cheuvreux upped its stance on Informa to 'buy' from 'hold' on Monday following an "encouraging" 10-month trading statement from the events and publishing company.
Director dealings: Diageo CFO lowers stake
Diageo chief financial officer Kathryn Mikells sold 107,519 ordinary shares in the FTSE 100-listed drinks maker on Monday.
Gama Aviation chairman resigns following profit warning
Gama Aviation chairman Ralph Robins announced his intention to retire from the group on Monday, setting the AIM-listed firm off on a journey to find a replacement for the long-serving Rolls-Royce executive.
US open: Losses at the open as oil prices come off highs
Wall Street trading started off with some losses on Monday as oil prices came off their highs and Donald Trump's ongoing war with Silicon Valley weighed on tech stocks.
Carr's beats its expectations as FY profit and revenue rise
Agriculture and engineering group Carr's reported a jump in full-year profit and revenue on Monday thanks to a strong performance in UK agriculture, with growth across all areas.
Hibernia adds to Newlands Cross holdings in Dublin
Hibernia REIT announced two acquisitions of land at Gateway - Newlands Cross on Monday, taking its total interests in the area to 143. 7 acres.
Mission Marketing offloads BroadCare to Carehome Selection
Mission Marketing has sold its BroadCare business to Carehome Selection - part of the CHS Healthcare - for £4. 4m in cash, it announced on Monday.
RHI Magnesita opens tender offer to minority shareholders
RHI Magnesita updated the market on the integrated tender offer, as well as announced the launch of the offer to minority shareholders, of Magnesita Refratários on Monday.
Chris Fong to head up High Growth Capital
High Growth Capital announced on Monday that Christopher Fong would be appointed as its chief executive officer, conditional on completion of satisfactory due diligence.
Smurfit Kappa included in sustainability index for fifth year running
Smurfit Kappa has been reconfirmed as a member of the Ethibel Sustainability Index for the fifth year in a row, it announced on Monday, which its said demonstrated its continued “best-in-class approach” to sustainability.
FTSE 100 movers: Tobacco stocks slide but miners, energy firms gain
London's FTSE 100 was down 0. 5% to 7,073. 63 in afternoon trade on Monday, with weakness in the tobacco sector offsetting strong energy and mining shares.
Kepler ups Informa to 'buy' after 'encouraging' trading update
Kepler Cheuvreux upped its stance on Informa to 'buy' from 'hold' on Monday following an "encouraging" 10-month trading statement from the events and publishing company.
Asia report: Markets mixed as oil concerns linger
Markets in Asia finished in a mixed state on Monday, amid concern among investors around oil prices and ongoing US-China tension.