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US open: Positive open amid reports of progress in Sino-US trade talks
US stocks opened higher on Monday amid progress in Sino-US trade relations.
General Electric to sell biopharma business to Danaher for $21.4bn
General Electric has agreed to sell its biopharmaceutical business to Danaher for $21. 4bn.
Tlou Energy begins production testing at methane development pod
Botswana-focussed coal bed methane developer Tlou Energy has started production testing at its Lesedi 3 development pod, it announced on Monday, adding that “excellent progress” was also being made on drilling operations at the second development pod, Lesedi 4.
Angling Direct buys Chapmans Angling for £1.4m
Fishing tackle and equipment retailer Angling Direct has bought retailer Chapmans Angling for £1. 4m.
Totally subsidiary Vocare wins £10.6m contract extension
Healthcare contractor Totally announced on Monday that its wholly-owned urgent care subsidiary Vocare has been awarded a two-year contract extension, valued at £10. 6m, by the Central London Clinical Commissioning Group.
Audioboom raises £1.5m as it continues to expand content library
Podcast network Audioboom announced that, in order to fund its “rapidly increasing” portfolio of podcasting content, it has raised £1. 5m of new equity funding for growth, via a subscription of 115,384,670 new ordinary shares at a price of 1. 3p each.
Gambling companies set up new lobbying group
Gambling companies are set to unite in a new trade body to lobby politicians against tougher regulations in the industry.
Provident Financial rejects 'highly opportunistic' bid from Non-Standard Finance
Doorstep lender Provident Financial has rejected a £1. 3bn offer from smaller rival Non-Standard Finance, calling it "highly opportunistic".
Phoenix Global pleased with Empire copper drilling results
Base and precious metals exploration and development company Phoenix Global Mining released the remainder of the results from its 2018 drilling programme at the Empire Copper Project in Idaho on Monday.
Reach beats profit forecasts after Express and Star acquisition
Daily Mirror owner Reach climbed on Monday after its profits beat forecasts following its acquisition of the Daily Express and the Daily Star titles.
Dialight profits slide in 'challenging' year
LED lighting firm Dialight saw revenues and profits slide in a "challenging" trading year as it attempted to address operational issues faced at the start of the period.
GCHQ director calls for caution regarding China's tech threat
The UK's cyber-security agency’s director Jeremy Fleming warned that Britain must understand the potential "opportunities and threats" of using Chinese technology and called for better cyber-security practices in the telecoms industry.
Portmeirion ups stake in Furlong Mills
Homewares manufacturer Portmeirion has upped its holding in Furlong Mills.
Asia report: Markets rise as Trump suspends China trade deadline
Markets in Asia finished higher across the board on Monday, with sentiment getting a good kick into action thanks to the White House confirming it was postponing its self-imposed 1 March deadline to come to a trade agreement with Beijing.
Europe midday: Gains for stocks tempered by 'new uncertainties' in US-China trade
Stocks have started the morning slightly higher, even as investors sift through the incoming headlines out of the latest round of US-China trade talks in Washington which concluded on Sunday.
Tristel raises dividend as international growth drives revenue increase
Tristel raised its interim dividend on Monday after revenue and profit both climbed after its acquisition of Ecomed Group bolstered international sales.
Finsbury Food swings to a profit following disposal of Grain D'Or
British baker Finsbury Food Group swung to a pre-tax profit in the first half of its trading year as a result of the shuttering of Grain D'Or and cost pressures in the form of increased flour prices and labour inflation.
Pearson profits set to drop next year, says Berenberg
Shares in publisher Pearson were under the cosh on Monday as Berenberg said the company was "far from a turnaround" and profits are likely to decline in 2020.
Cyclicals to stay in the lead, but mind the Greenback, JP Morgan says
Strategists at JP Morgan made the case for being positioned in Cyclicals, contrary to what 'bears' were recommending given the late stage of the economic cycle, arguing that the Federal Reserve, the US central bank, was set to 'fall behind the curve'.