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Seeing Machines drops revenue forecast after delayed orders
Computer vision technology firm Seeing Machines warned investors on Monday that a recent shipping delay has caused the company to lower its full-year sales estimates by as much as A$13m.
Bank of Georgia has solid first quarter as it prepares for BGEO demerger
Bank of Georgia posted a decent 18. 8% rise in its first quarter profit to GEL 128. 56m on Monday, with basic earnings per share ahead 16. 7% year-on-year to GEL 3. 08.
Kepler Cheuvreux starts G4S at 'buy'
Kepler Cheuvreux initiated coverage of G4S with a ‘buy’ rating and 310p price target as it said that new management’s "less is more" strategy is about to deliver a significant boost to the group’s profitability while putting the security company on a steadier growth path.
Ryanair annual profit up 10% but FY19 guidance cut
Budget airline Ryanair posted a 10% jump in full-year pre-tax profit on Monday but struck a cautious note on its FY19 outlook on the back of rising costs and flat fare growth as it cut its full-year guidance.
London open: Stocks rise as US-China tensions ease, pound drops
London stocks rose in early trade on Monday, helped along by a weaker pound as the dollar rallied on the back of an easing of tensions between the US and China, which also helped to boost broader market sentiment.
NewRiver in talks to acquire Hawthorn Leisure
NewRiver was forced to confirm that it has entered a period of exclusivity with Hawthorn Leisure Holdings and its major shareholder regarding a potential acquisition of the business on Monday.
AstraZeneca gets FDA green light for hyperkalaemia drug
AstraZeneca received US regulatory approval for its Lokelma treatment for high potassium levels in the blood and, separately, submitted a new drug application in Japan for a diabetes treatment.
Italian gaming regulator approves Playtech's Snaitech deal
FTSE 250 gambling software group Playtech said on Monday that its acquisition of 71% of Italian gaming company Snaitech has been approved by the Italian gaming regulator.
London pre-open: Stocks to push up as tensions between the US and China ease
London stocks were set for an upbeat start on Monday as investors digested some good news regarding relations between the US and China.
Monday newspaper round-up: Business registrations, M&S, Sky, RBS
Britain’s decision to leave the European Union has sparked a dramatic fall in the number of French, Dutch and Belgian businesses registering in the UK, in a further illustration of Brexit’s impact on the UK economy. Figures from Companies House show that French companies registered 48% fewer businesses in the UK in 2016-17 than the previous financial year while companies in Belgium registered 38% fewer. Companies in the Netherlands, which is probably the worst affected by Brexit of Britain’s trading partners, registered 52% fewer companies last year than in 2015-16.