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MTI Wireless wins contract with unnamed Israeli firm
Communications group MTI Wireless Edge on Monday said it had won a contract to supply an unnamed Israeli company with hi-power microwave terminations.
Chinese industrial production drops to 17-year low
Chinese industrial production fell to a 17-year low in August, according to figures released on Monday, while retail sales and fixed asset investment also weakened.
Avon Rubber backs full-year expectations
Avon Rubber backed its full-year outlook on Monday as it said second-half trading was in line with expectations.
Spire Healthcare swings to profit in first half
Hospital operator Spire Healthcare said on Monday that it swung to a profit in the first half thanks in part to better-than-expected NHS revenue, as it backed its full-year guidance.
Asia report: Shares mixed after attack on Saudi oil production
Asian stocks closed mixed on Monday with oil prices surging after the weeken drone attacks on production facilities in Saudi Arabia.
Eddie Stobart warns on profits, considers equity raising
Eddie Stobart Logistics warned on Monday that it continues to expect full-year profits to be "significantly below" the board's expectations after a difficult first half and said it is considering raising new equity.
Direct Line appoints new CFO
Direct Line said former Royal London deputy chief executive Tim Harris had been appointed as chief financial officer effective October 1, 2019.
Europe open: Stocks drop after Saudi attacks; China data weighs
European stocks fell in early trade on Monday following drone attacks on Saudi Arabian oil processing facilities over the weekend and as investors mulled weak China data.
London open: Stocks edge lower after weak China data; energy shares rally
London stocks edged lower in early trade on Monday as investors mulled disappointing Chinese data, but energy shares bucked the trend as oil prices surged following drone attacks on Saudi Arabian processing facilities.
Man Group chairman Ian Livingston to step down
Hedge fund Man Group said on Monday that chairman Ian Livingston will step down at the end of the year, to be succeeded by former Deutsche Bank chief executive officer John Cryan.
London pre-open: Stocks seen lower after China data; oil prices spike
London stocks were set for a weaker open on Monday following the release of disappointing Chinese data, with oil prices on the rise after drone attacks on two Saudi Arabian processing facilities.
INPP to raise £75m through share issue
International Public Partnerships (INPP) on Monday said it was raising £75m to pay down debts through a share issue.
Tullow Oil makes Guyana well discovery, INPP to raise £75m
London open The FTSE 100 was called to open 27 points lower at 7,340.
Monday newspaper round-up: Business investment, Betfred, Thomas Cook
Brexit uncertainty and a global economic slowdown amid the US-China trade war has set Britain on course for the most prolonged slump in business investment in 17 years, according to the British Chambers of Commerce (BCC). Setting Britain on course for weaker economic growth in future, the lobby group said business spending in the UK was due to decline by 1. 5% in 2019 and by 0. 1% next year as companies put their investment plans on ice amid the global political turmoil.
Tullow Oil reports new discovery from Guyana well
Tullow Oil said its Joe-1 exploration well had successfully opened a new Upper Tertiary oil play in the Guyana basin.