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12 Feb
Evraz, steel manufacturing
Sector movers: Industrial metals, miners top gains

Industrial metals topped the leaderboard, alongside a solid performance from most mining names.

12 Feb
Results round-up

Acacia Mining reported a massive £710m loss after writing down the value of its assets due to a dispute with the government of Tanzania but has cut costs to "remain competitive" in 2018.

12 Feb
rio tinto coal mine mining commodities
S&P upgrades Rio Tinto's long-term debt rating to 'A'

Standard&Poor's upgraded its rating on Rio Tinto's long-term debt from 'A-' to 'A', saying that supportive commodity prices and the company's focus on costs and productivity likely meant its operational performance would remain robust.

12 Feb
SocGen upgrades BP to 'buy'

Analysts at Societe Generale upgraded their recommendation on stock of BP from 'hold' to 'buy', citing fading concerns regarding the Deepwater Horizon disaster.

12 Feb
Brexit uncertainty could delay next rate hike, McCafferty says

Brexit's approach and its potential negative impact in confidence may knock test the Bank of England's rate hike plans, a top official said.

12 Feb
Gold bars
Wishbone's Thai entity delivers the goods

A new Thai entity has been established by Wishbone Gold and has successfully delivered its first shipment to Dubai.

12 Feb
Market buzz: Fed apparently not stressing

1630: Fed not stressing, Michael Gapen and Pooja Sriram at Barclays believe, telling clients: "US equity markets falling into correction territory in recent days begs the question of how far equities would have to fall, or volatility to rise, for the Fed to consider a delay to its policy plans. We think it is too early for the Fed to consider altering course and we believe the committee will likely take some comfort in the tightening in financial conditions as it will reduce the risk of a hard landing over time.

12 Feb
Wall street america US USA signs
Europe close: Stocks track bounce on Wall Street, end slightly higher

Stocks held onto early gains, tracking a late advance on Wall Street last Friday after the S&P 500 bounced off a key level of technical support, its 200-day moving average, although traders remained wary.

12 Feb
ep a320neo airbus
Airbus stalls amid P&W engine failure

Shares in European jet manufacturer Airbus fell on Monday after it was forced to suspend some deliveries of its A320neo after technical faults.

12 Feb
London Stock Exchange AIM LSE shares
Director dealings: AB Dynamics CEO picks up more than £1.1m from share disposal

Tim Rogers, chief executive of motor industry testing systems provider AB Dynamics, sold 150,000 ordinary shares in the AIM-quoted group on Monday, collecting more than £1. 1m in the process.

12 Feb
London close: Stocks end higher, but traders wary ahead of US CPI data

London stocks finished in the black tracking a late rebound on Wall Street at the end of last week, but worries remained about rising inflation and higher interest rates, with an upcoming release on consumer prices in the US the main talking point in markets.

12 Feb
Contradictory reports on Zuma's resignation

South African president Jacob Zuma has agreed to be recalled, with African National Congress officials said to be negotiating the manner in which it is to be communicated.

12 Feb
big data
Proxama losses persist but costs slashed for 2018

Mobile location and data intelligence company Proxama have announced a sizeable increase in revenue but are still taking heavy losses.

12 Feb
Evraz, steel manufacturing
Goldman Sachs upgrades Evraz on outlook for strong coal prices

Analysts at Goldman Sachs upgraded their recommendation for shares of Evraz on Monday from ‘hold’ to ‘buy’, telling clients that industry spreads and margins are above mid cycle levels and that they believe these will be sustained, "supported by tightening steel market supply-demand fundamentals and rising cost pressures. ".

12 Feb
New York Stock Exchange, NYSE, markets, Wall Street. Photo: Herval
US open: Wall Street opens higher, extending last week's bounce

Wall Street's main indexes started higher on Monday, as stocks extended the bounce that began late on Friday, driven by technology and financial issues as stocks do their best to recover from their worst week since 2016.

12 Feb
London Stock Exchange AIM LSE shares
Broker tips: Tesco, Moneysupermarket, Victrex

Analyst Clive Black of Shore Capital believes that Tesco, which has hired consultants to look into a possible launch of a discount grocery chain to try and thwart the fast-growing rivals Aldi and Lidl, would have to make a major push to justify the move, could face a considerable challenge with customers and put pressure on its profit margins should the discount site cannibalise its own customer demand in trying to become "one of the LADs".

12 Feb
ep aviontui fly
Tuesday preview: UK inflation could surprise, Tui flies in with first quarter

Tuesday's business agenda includes UK inflation numbers, quarterly results from travel operator Tui and little else.

12 Feb
coins currency investment insurance business finance company
Reach4entertainment divisions sign deals with Miroma Group

Transatlantic media and entertainment marketing company reach4entertainment announced on Monday that its subsidiaries Dewynters and Spot and Company of Manhattan have entered into media buying agreements with Miroma International and Miroma Outcomes.

12 Feb
Active Energy officially opens Utah CoalSwitch plant

Biomass-based renewable energy and forestry management business Active Energy announced on Monday that its first commercial ‘CoalSwitch’ plant in Utah was officially opened on 9 February.

12 Feb
Sosandar in fashion as Xmas, New Year trade above expectations

Shares in AIM-listed online women's fashion brand Sosandar jumped on Monday as the company said net revenues over the Christmas and New Year trading period exceeded expectations.