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Law firm DWF raises £95m through IPO
Acquisitive UK law firm DWF Group will raise £95m in an initial public offering on the main market of the London Stock Exchange, the company said on Monday.
Envelopes, crockery sets and washing powder removed from ONS inflation basket
Three-piece suites and envelopes have made way for smart speakers and flavoured tea after the Office for National Statistics updated the basket of products it uses to measure inflation.
London midday: Stocks maintain gains as Brexit worries weigh on sterling
London stocks were maintaining gains by midday on Monday as Brexit uncertainty weighed on the pound.
Deutsche Bank and Commerzbank begin merger talks - reports
Shares in Commerzbank and Deutsche Bank have surged on speculation that Germany’s biggest banks are in merger talks.
US pre-open: Dow set for losses as Boeing shares hit by Ethiopian crash
US stock futures pointed to a mostly higher open on Wall Street on Monday, although the Dow looked set to drop more than 100 points on the back of heavy losses for Boeing.
Pub groups toast stronger sales as restaurants continue to struggle
Pub sales picked up last month after a dry January but restaurants continued to falter, industry research published on Monday showed.
Coro Energy upbeat as Mako plan of development gets approved
Southeast Asia-focussed exploration and production company Coro Energy announced on Monday that the Indonesian Minister of Energy and Mineral Resources has approved the plan of development for the Mako field, Duyung production sharing contract.
DWF Group prices IPO at 122p per share
Legal business DWF Group announced the pricing of its initial public offering on Monday, confirming it would be 122p per share.
German industrial production slides, govt said to cut forecast
German industrial production fell in January, widely missing expectations, as it was emerged that that the federal government had reportedly lowered internal forecasts economic growth for 2019.
Watkin Jones forward-sells Wembley student accommodation scheme
Multi-occupancy residential property developer Watkin Jones has completed the forward sale of a purpose-built student accommodation development in Wembley to the real estate investment business of DWS, it announced on Monday.
Mountfield's order book hits record highs
Construction services outfit Mountfield has secured a record amount of work for this point in its trading year, with demand for its services remaining high.
Regency Mines warns of potential loan defaults
Exploration and development company Regency Mines has been in funding talks with major investors after shareholders gave the company the authority to issue news share at its annual general meeting in February.
SafeCharge extends acquiring agreement with Nayax
Payments technology company SafeCharge announced on Monday that, in light of the success of its partnership with cashless payment solutions provider Nayax, they have agreed to extend the acquiring agreement between Nayax and SafeCharge to the end of 2024.
IDE Group significantly reduces losses following cost cutting efforts
IT services provider IDE Group cut costs during its last financial year, resulting in an improved performance in its second half.
United Oil & Gas signs option agreement in Benin
Oil and gas exploration and development company United Oil & Gas announced on Monday that it has signed an option agreement with Elephant Oil, to farm in to their Block B onshore acreage in Benin, potentially taking a 20% interest in the production sharing agreement.
Silence Therapeutics losses widen as it progresses drug candidates
Drug development company Silence Therapeutics announced its unaudited preliminary results for the year ended 31 December on Monday, reporting a loss after tax of £18. 4m, widening form £1. 6m a year earlier.
Polymetal pleased with revenue and earnings improvements
Polymetal International reported a 4% improvement in revenue to $1. 88bn in its preliminary results on Monday, which it said was primarily driven by gold equivalent production growth of 9%.
Ian Cockerill to succeed Bobby Godsell as Polymetal chair
Polymetal International announced the appointment of Ian Cockerill as an independent non-executive director on Monday, with effect from 23 April, with the intention for him to succeed chairman Bobby Godsell as chair of its board.
Citi upgrades IAG after 'unprecedented fall from grace'
Shares in British Airways and Iberia parent International Consolidated Airlines Group flew higher on Monday as Citi upped its recommendation to 'neutral' from 'sell' and lifted the price target to 560p from 508p following an "unprecedented fall from grace" in recent weeks.
Brexit defeat looms for PM as talks 'deadlocked'
Downing Street said on Monday that Brexit talks with the European Union were "deadlocked" ahead of the crunch parliamentary vote on Tuesday, leading to calls from senior Conservatives to offer MPs new options.