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US close: Stocks close higher as Treasury downplays rumours of delisting Chinese firms
US stocks closed higher on Monday after the US Treasury said there were no plans to block Chinese companies from US stock markets and following the release of some strong economic data out of that Asian nation.
Europe close: Stocks finish September on a positive note
European stocks were mostly higher on Monday, having reversed earlier losses as investors eyed the latest developments in Sino-US trade and positive data from China and the Eurozone.
Tuesday preview: Federal Reserve, Ferguson in focus
The focus on Tuesday will shift towards central bank policy, with at least three top officials from the Federal Reserve set to deliver remarks.
Commodities: Oil and gold drop amid US dollar strength, partial Saudi ceasefire in Yemen
Commodity prices were lower across the board at the start of the week amid ongoing concerns around global demand and ongoing strength in the US dollar, with investors brushing off better than expected readings on Chinese factory sector activity and some positive news on global trade.
London close: Stocks finish September with solid gains
Pound strength held back London's top-flight index at the end of the month, despite news that the US was not contemplating limits on Chinese companies ability to list on US exchanges.
WeWork calls off initial public offering
Office share start-up WeWork has withdrawn its S-1 filing with the US Securities and Exchange Commission as the group looks to postpone its hotly-anticipated initial public offering.
FX round-up: Pound edges up opposition holds off on no-confidence vote
Sterling edged higher at the start of the week after Labour leader, Jeremy Corbyn, after meeting with opposition leaders, said that he would not pursue a no-confidence vote until a no-deal Brexit was off the table.
Director dealings: Intercede director ups stake
Intercede Group revealed on Monday that non-executive director Jacques Tredoux had acquired 1. 66m ordinary shares in the AIM-listed digital identity and credential management solutions provider.
Tandem Group swings to profit after licensed properties strength
Tandem Group on Monday swung to an interim profit after revenue jumped on the back of a strong performance from its licensed properties.
Broker tips: Whitbread, EasyJet, M&S
Whitbread was under the cosh on Monday as Barclays downgraded its stance on shares of the Premier Inn owner to ‘equal-weight’ from ‘overweight’.
Renalytix AI gets preliminary Medicare pricing for 'KidneyIntelX'
Artificial intelligence-enabled kidney disease clinical diagnostics developer Renalytix AI announced on Monday that Centers for Medicare & Medicaid Services (CMS) has published its preliminary determination for national Medicare pricing for its ‘KidneyIntelX’ test, to be included in the national 2020 Clinical Laboratory Fee Schedule in the United States.
KEFI Minerals mobilises drilling rig to Hawiah licence
Ethiopia and Saudi Arabia-focussed gold exploration and development company KEFI Minerals updated the market on its exploration activities at its Hawiah Exploration Licence in Saudi Arabia on Monday.
Jangada Mines reports 'encouraging potential' at Pitombeiras
Natural resources company Jangada Mines announced the completion of a JORC 2012-compliant technical report on the Pitombeiras Vanadium Project in the Brazil state of Ceará on Monday.
Columbus Energy gets approval to drill Saffron well
Trinidad-focussed oil and gas producer Columbus Energy Resources released further information on its planned drilling campaign in the country’s South West Peninsula on Monday.
Harvest Minerals upbeat on long-term coffee plant testing
Remineraliser producer Harvest Minerals announced the initial results of long-term trials on the effectiveness of its ‘KPFértil’ product on coffee plants, compared to conventional chemical fertiliser.
Berenberg cuts price target on 'sell' rated M&S
Analysts at Berenberg cut their target price on retailer Marks & Spencer's shares from 250. 0p to 160. 0p on Monday, stating that they felt that the downgrade cycle was "not yet over" for the group.
FTSE 100 movers: DS Smith gains; Whitbread hit by downgrade
London’s FTSE 100 was up 0. 1% at 7,433. 21 in afternoon trade on Monday, with investors reluctant to make any bold moves amid lingering concerns about Sino-US trade relations.
US open: Stocks open higher following better-than-expected Chinese data
US stocks opened higher on Monday after the US Treasury said there were no plans to block Chinese companies from US stockmarkets and following the release of some strong economic data out of that Asian nation.
Chicago PMI dips in September
Economic activity in the Chicago area deteriorated more than expected in September, according to figures released on Monday.
FTSE 250 movers: Finablr falls, Sirius recovers
London's FTSE 250 was 0. 18% lower at 19,934. 32 in afternoon trade on Monday, driven lower by payments and foreign exchange solutions provider Finablr.