Market Report
Rolls Royce agrees 'critical' deal to develop battery technologies
Aerospace engineering giant Rolls Royce has entered into an agreement with UK company Superdielectrics to develop materials that challenge the dominance of traditional batteries.
Trump deems McCabe and Comey notes 'fake memos'
Donald Trump's row with his own Federal Bureau of Investigation intensified on Sunday, demanding that notes of conversations taken by the Bureau's former director James Comey and recently let go deputy Andrew McCabe be referred to as "fake memos".
Euro area goods trade surplus drops more sharply than expected in January
Euro area good exports kicked-off the year on a weak note, weighed down by a poor showing by France.
Staffline completes acquisition of Endeavour
AIM-listed recruitment and employability organisation Staffline has completed the acquisition of Endeavour and its subsidiary Vital for an undisclosed sum.
Michelmersh profits pile up on the back of Carlton acquisition
AIM-quoted tile and paver manufacturer Michelmersh Brick returned a solid annual report card on Monday as a result of a strong showing by its most recent acquisition and an improved premium bricks market.
Finsbury Food interim profit rises despite headwinds
AIM-listed cake and bread maker Finsbury Food posted a 6% jump in interim profit on Monday as revenue edged higher despite "market-wide headwinds".
Telit Communications loses Italian tax penalty appeal
AIM-listed Internet of Things enabler Telit Communications has lost an appeal against an Italian tax penalty.
Petards wins extension to significant MoD contract
Advanced security and surveillance software developer Petards announced on Monday that the Ministry of Defence (MoD) has exercised its option to extend its existing three year contract - initially announced on 22 December 2016.
Hummingbird reports impressive numbers from Yanfolila mine
Hummingbird Resources announced a ramp-up update from its Yanfolila Gold Mine in Mali on Monday, with the mine having commenced gold production in December.
Hammerson surges after rejecting £5bn bid from France's Klepierre
Shares in Hammerson surged on Monday as it confirmed that it recently rejected a £5bn bid from French shopping centre operator Klepierre.
Scotgold agrees earn-in with PanEx for Polmar licence in Portugal
Scotgold has concluded an earn-in agreement to its Portuguese subsidiary, Scotgold Resources Portugal - which holds the Pomar licence - with PanEx Resources, it announced on Monday.
Europe open: Stocks kick-off trading on a down note ahead of G-20, amid hawkish ECB-speak
Stocks have started the morning trading sharply lower, with traders focused on the two-day G-20 finance ministers which was set to get under way later in the day in Buenos Aires and ahead of the key US central bank policy meeting on Wednesday.
Adamas leads funding round for Singapore health-tech project DocDoc
Asia-focused investment firm Adamas Finance Asia announce an investment in a new project, DocDoc, on Monday.
Armadale reveals 31-year mine plan for Mahenge Liandu
Africa-focussed natural resources investment company Armadale Capital announced on Monday that an optimisation study for the Mahenge Liandu Graphite Project in Tanzania has now been completed by ROM Resources.
London house prices drop in March - Rightmove
Average asking prices paid by first- and second-time buyers in Britain hit records levels this month, although overall prices in the capital fell, according to data released by Rightmove on Monday.
US close: Wall Street breaks four-session losing streak, but ends lower for the week
Wall Street broke a four-session losing streak on Friday, buoyed by some strong readings on the economy, but still closed lower for the week weighed down by multiple changes - actual and heavily speculated upon - in the top ranks of the Trump administration and amid ongoing trade frictions.
London open: Stocks in the red ahead of big week; Micro Focus tumbles
London stocks fell on Monday as investors looked ahead to a busy week that includes the latest policy announcements from the Federal Reserve and the Bank of England.
Melrose quickly derides GKN Driveline-Dana plan for London listing
Turnaround specialist Melrose was quick to respond to the latest development in GKN’s quickly-organised breakup on Monday, saying its own final offer of 466p in value today and 60% of future value creation for the whole of GKN was “clearly superior” to the “hasty break-up” being pursued by the GKN board.
Combined GKN Driveline-Dana business would have London listing
Further to its announcement on 9 March about the proposed combination of Dana Incorporated and GKN Driveline, Dana announced on Monday that the new combined business will hold a standard listing on the London Stock Exchange, in addition to being listed on the New York Stock Exchange.
Monday newspaper round-up: FOBTs, advertising, crypto, RBS
The Gambling Commission is to recommend that the government reduce the maximum stake on fixed-odds betting terminals (FOBTs), known as the “crack cocaine of gambling”, to £30 or less. However, in a move likely to come as a relief to bookmakers, the watchdog will not explicitly back a maximum £2 stake, instead suggesting measures to combat the risk of harm. - The Times.