Market Report
Senate reaches temporary agreement over budget
A bipartisan group of negotiators has reached across the aisle to finalise an agreement to reopen the US federal government almost 60 hours after it first shut down.
IMF improves forecasts for world growth in 2018 and 2019 to 3.9%
The IMF maintains its growth prediction for the UK in 2018 at 1. 5% but cuts its forecast for 2019 by one tenth of a percentage point, to 1. 5% as well.
Commodities: Base metals find slight bid
Commodities found a slight bid at the start of the week, centred on base metals and agriculture futures.
FX round-up: Macron interview pushes pound towards first Fibonacci resistance
Sterling continued to move higher at the start of the week after French Prime Minister Emmanuele Macron appeared to hold the door open to a bespoke trading arrangement for the UK after Brexit.
Europe close: Periphery stocks outperform amid sovereign debt upgrades
Periphery stocks outperformed on Monday, following sovereign debt upgrades for Greece and Spain, amid news that delegates from Germany's SPD party voted to start formal talks with the CDU/CSU on creating a grand coalition in the country.
SMEs will suffer most from Brexit, study reveals
Innovative and export oriented firms and SMEs operating in high-tech and service-related industries will be the most negatively affected by Brexit, according to research.
London close: Sterling strength saps stocks
London's top flight index sagged a little as France's Prime Minister, Emmanuel Macron held out the possibility of a bespoke trading arrangement for the UK after Brexit, boosting the value of the pound, and with bookmakers under the cosh amid speculation the government is planning a £2 maximum stake on betting machines.
Atalaya sees production increases in first full year of operations at Proyecto Riotinto
Cyprus-based copper company Atalaya Mining produced 37,164 tonnes of copper at its Proyecto Riotinto over its first full calendar year, up from the 26,179 tonnes mined in 2016.
Revolution Bars grows holiday sales for fifth consecutive year
Premium bar operator Revolution Bars saw total revenue jump 10. 6% in the six months leading to 30 December, as four newly opened venues gave the group an extra boost during the all-important Christmas and New Year trading period.
Tesco to revamp operational structures
Tesco has today announced changes to simplify its operational structures, improve efficiency and give line managers clearer accountability for colleague and customer experience.
US open: Stocks mixed, investors wait on Senate vote on government shutdown
Wall Street's main market gauges have begun the week trading on a slightly mixed note, following the US Senate's inability to avoid a federal government shutdown during the previous session.
Tuesday preview: Spotlight on results from Easyjet, N Brown, Pets at Home
Tuesday sees updates on UK public finances and the CBI's industrial trends survey, with the Bank of Japan's policy statement for early risers and company updates from Easyjet, SSP and retailers N Brown and Pets at Home.
Strix Group reports solid progress at full year
Designer, manufacturer and supplier of kettle safety controls and other complementary water temperature management components Strix Group updated the market on its trading for the year to 31 December 2017 on Monday.
Angus Energy enters partnership at Balcombe Field
Conventional oil and gas production and development company Angus Energy announced on Monday that it has entered into a definitive agreement to form a new partnership with Cuadrilla Balcombe and Lucas Bolney.
ADM makes bid for Bunge, Glencore seen lying in wait
US grain merchant Archer Daniels Midland (ADM) has proposed a takeover of New York-based agribusiness Bunge, a move that could potentially set off a bidding war with rival Glencore.
Barclays climbs after Tiger hedge fund builds stake
Shares in Barclays were boosted on Monday after news that a US hedge funds had made a £1bn bet on the bank's rebound.
AIG reaches deal to acquire Bermudian insurer for $5.56bn
Global insurance company American International Group (AIG) has inked a deal to acquire Bermuda-based insurer and reinsurer Validus Holdings for $5. 56bn, as the group's new chief executive looked to reverse nearly ten years' worth of asset declines as a result of its near collapse in 2008.
FTSE 250 movers: Ocado surges on tie-up news; bookies slump
London's FTSE 250 was up 0. 1% to 20,666. 65 in afternoon trade on Monday, with Ocado putting in an impressive performance.
APC Technology to distribute 3D PLUS in UK and Ireland
Specialist technologies and electronic components designer, specifier and distributor APC Technology Group has signed an agreement to become the UK and Ireland distributor for 3D PLUS, a manufacturer of advanced high-density 3D microelectronics products for space applications, it announced on Monday.
British economy strong enough to survive Brexit, says former Goldman Sachs economist
The UK was likely to fair better than many forecasts had suggested, with the benefits of global growth in the next few years said to "easily dwarf" any blows as result of it leaving the EU, according to former Goldman Sachs economist Jim O'Neill.