Market Report
14:08
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Apple cuts production orders on new iPhone models - report

Apple has reportedly slashed production orders for all three of its new iPhones following lower-than-expected demand for the devices.

13:57
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Europe midday: Stocks higher despite mixed news on US-China talks

Stocks are seeing slight gains even as investors digest news of the reportedly acrimonious end to the Asia-Pacific Economic Cooperation summit at the weekend, after US vice-President, Michael Pence, and China's Xi Jinping set out conflicting visions for the region.

13:54
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Liberum sees dual benefits of Mears and Mitie social housing deal

Analysts at Liberum said Mitie's decision to sell its social housing businesses - Mitie Property Management and MPS Housing - to Mears Group for as much as £35m in cash was a "sensible deal" that strengthened both balance sheets.

13:12
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Imaginatik slashes costs but losses persist

Losses widened at Imaginatik in a challenging half-year as new business slowed down in the wake of the innovation consultant's strategic review.

13:04
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Asia report: Markets mostly higher as APEC summit begins

Most markets in Asia were in positive territory as they closed on Monday, even as sentiment remained muted amid ongoing geopolitical tension between China and the United States.

12:58
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Cimarex to buy Resolute Energy for $1.6bn

Shares in Resolute Energy surged in pre-market trade on Monday as it agreed to be bought by larger rival Cimarex for around $1. 6bn.

12:20
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Euro area current account surplus steady at 3.1% of GDP in September

The single currency bloc's surplus in its current transactions with the rest of the world was unchanged in September versus a year earlier.

12:19
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US pre-open: Stocks seen lower as Sino-US relations remain in focus

US stocks looked set for a weaker open on Monday as investors continued to eye Sino-US trade relations.

12:17
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London midday: Stocks maintain gains as May defends Brexit deal

London stocks were holding on to gains by midday on Monday as investors digested Theresa May's speech to business leaders.

12:12
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EU Supply receives sixth contract with existing customer

Electronic procurement software provider EU Supply has received its sixth contract pursuant to the framework agreement entered into with an existing customer for additional services to its CTM platform, it announced on Monday.

11:40
sirius real estate
Sirius Real Estate profits on the rise as portfolio tops £1bn

Germany-focused property investment firm Sirius Real Estate saw profits rise throughout the first half of its trading year on the back of improved rental income and a rising portfolio value.

11:36
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Redx Pharma swings to a loss following 'seminal' year

A year after clambering out of administration, drug discovery and development outfit Redx Pharma swung to a loss but remains confident of making progress with a drug pipeline refocused on cancer and fibrosis.

11:07
Money cash dollars
Thalassa receives second earn-out balance from Fairfield Geotechnologies

Thalassa Holdings announced on Monday that, following its announcement on 23 October, it has received the second balance of $0. 6m of the earn out from Fairfield Geotechnologies.

11:03
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Hikma US launches generic version of Pfizer insomnia tablets

Hikma Pharmaceuticals' US subsidiary has launched a generic equivalent to Pfizer's Halcion tablets for insomnia.

11:01
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ECO Animal Health enters licensing deal with University of Georgia

ECO Animal Health has entered into a licensing deal with the Poultry Diagnostic & Research Center of the College of Veterinary Medicine at the University of Georgia, it announced on Monday.

10:50
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RedT Energy installs 'world-first' system at Melbourne university

Energy storage solutions company RedT Energy announced on Monday that its 1MWh vanadium flow and lithium-ion hybrid energy storage system was now installed and operational at a site in Melbourne, Australia.

10:45
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TomCo Energy shares resume trading as board seeks funding

Oil shale exploration, development and technology group TomCo Energy announced the appointment of Turner Pope Investments as its broker with immediate effect on Monday.

10:40
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Ocean Outdoor preparing for re-listing on London Stock Exchange

Digital out-of-home advertising operator Ocean Outdoor announced on Monday that it was on track to re-admit to trading on the London Stock Exchange by the end of the year.

10:38
Richoux to sell Piccadilly lease for £500k

AIM-listed restaurant owner Richoux said on Monday that it has agreed to sell the lease to Richoux Piccadilly for £500,000 in cash, which will be used for working capital.

10:37
Copper
Vast Resources begins exploration drilling at Zagra

Romania and Zimbabwe-focussed mining company Vast Resources announced on Monday that surface exploration drilling has begun at the Magura Neagra and Piciorul Zimbrului prospecting licenses, collectively known as Zagra, in northern Romania.