Market Report
28 Jul
Savannah Resources moves a step closer to Oman mining licences

Savannah Resources announced the issuance of letters of no objection from all eight ministries for both the Mahab 4 and Maqail South mining licence applications on Monday.

14 May
ep compania chinatelecomunicaciones zte
US close: Street finishes higher as China concerns ease

US trading finished the first trading day of the week in positive territory on Monday, as worries about a trade war between the US and China eased, suggesting that stocks' recent gains were set to continue.

14 May
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UK bookies surge as US Supreme Court overturns gambling ban

British bookmakers look set to tap into a gambling bonanza across the Atlantic after the Supreme Court gave permission for states to allow sports betting.

14 May
london stock exchange paternoster
Market buzz: Bookies' Supreme Court gamble pays-off, IWG flies on takeover talks

1630:Close Shares of bookmakers fared best after the US Supreme Court handed down a ruling allowing New Jersey and other states to legalise sports bets.

14 May
italy italian flag
Europe close: Shares finish off lows after dovish remarks from ECB's Praet

European stocks finished off their lows of the session after a top European Central Bank official flagged the need for continued "ample" monetary stimulus, although contrary to expectations no deal on forming a coalition deal in Italy was forthcoming in the afternoon.

14 May
US warns European companies trading with Iran could face sanctions

A US national security adviser warned on Sunday that European companies who continue to trade with Iran risked being hit by US sanctions after President Donald Trump called for all links to be cut off.

14 May
ep quim torra jxcat
Quim Torra elected as new Catalan President

Quim Torra has been elected as the new president of the Generalitat de Catalunya following a second round of voting at midday on Monday, after failing on Saturday to garner the absolute majority (70 votes) needed to be chosen in a first vote.

14 May
London close: Bounce in pound dents stocks

London stocks drifted a little lower on Monday as the pound rallied against the greenback on Brexit speculation, although serviced office provider IWG stormed ahead on the prospect of a bidding war.

14 May
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Boeing to collaborate with secure software company for 3D printing

Aerospace behemoth Boeing has signed up Assembrix for its software that will allow it to manage and protect the intellectual property it shares with vendors during the design and manufacturing process.

14 May
mti wireless edge
MTI Wireless profits tumble after 'calculated' investments

Antennas manufacturer MTI Wireless Edge saw revenues dip just 1% in its past trading quarter, but profits decreased considerably as management took the "calculated long-term view" of increasing the level of investments in development and sales.

14 May
cbtecnologianasdaq3 stocks
US open: Positive open on Wall Street as threat of trade war eases

US trading kicked off to a positive open on Wall Street on Monday as worries about a trade war between the US and China eased, suggesting that stocks' recent gains were set to continue.

14 May
ep johan lundgren ceoeasyjet
Tuesday preview: UK labour report, Vodafone, easyJet, Hargreaves

Tuesday's schedule contains some big company updates, including Vodafone, easyJet and LandSec, before a UK labour market report that will be scrutinised particularly closely after the Bank of England's recent backpedalling.

14 May
indivior, invidior, suboxone
Indivior settles with Par over delayed generic Suboxone

Indivior has reached a settlement to resolve patent litigation it had filed over its Suboxone treatment for opioid addiction against Par Pharmaceutical.

14 May
Mark Mobius 'definitely' interested in North Korean investment opportunities

Veteran emerging markets bull Mark Mobius said on Monday that he would "definitely" be interested in investing in North Korea, calling the opportunity presented by recent talks between the isolated nation and its southern neighbour a "beautiful combination".

14 May
electronics, circuit boards, technology, computers, semiconductors, chips
CML Microsystems sees 'pleasing performance' in second half

Semiconductors manufacturer CML Microsystems delivered a "pleasing performance" throughout the second half of its trading year that helped push full-year revenue and profitability ahead of the previous year.

14 May
Hostelworld appoints Gary Morrison as CEO as Mooney steps down

Feargal Mooney will step down as chief executive officer of hostel-focused online booking platform Hostelworld in June after 10 years in the role and will be replaced by Expedia executive Gary Morrison.

14 May
Sears rallies as it explores sale of Kenmore brand, other assets

Sears rallied on Monday after saying it is initiating a formal process to explore the sale of its Kenmore brand, home improvement products business and parts direct business.

14 May
ep renovacion acuerdo laliga paddy power betfair
FTSE 100 movers: Paddy Power Betfair surges on US Supreme Court ruling; ITV drops

London's FTSE 100 was down 0. 1% in afternoon trade on Monday, although Paddy Power got a late boost following a ruling from the US Supreme Court.

14 May
london sunrise snow
FTSE 250 movers: IWG soars on takeover talk; Entertainment One turns off investors

IWG was the darling of the FTSE 250 on Monday as the stock surged 22% on news late Friday it had received an approach from private equity group Lone Star and two separate indicative proposals from Starwood and TDR regarding a possible cash offer for the business.

14 May
wall street
US pre-open: Stocks seen up as worries about US-China trade war ease

US futures pointed to a positive open on Wall Street on Monday as worries about a trade war between the US and China eased.