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London open: Higher start for stocks after 'constructive' US-China trade talks
Stocks have started the morning slightly higher on the back of news of "constructive" contacts between top US and Chinese trade negotiators at the weekend, although some analysts reacted cautiously to the headlines.
Jadestone buys into New Zealand's offshore Maari Project
Asia-Pacific focussed oil and gas company Jadestone Energy has executed a sale-and-purchase agreement with OMV New Zealand - a subsidiary of OMV - to acquire an operated 69% interest in the Maari Project, shallow water offshore New Zealand, for a total headline cash consideration of $50m (£38. 58m), to be funded from its cash resources.
Real Estate Investors acquires prime retail property in Leamington Spa
Midlands-focussed property investment firm Real Estate Investors announced the acquisition of a fully-let, prime, mixed-use block on The Parade in Royal Leamington Spa on Monday, for £7. 45m, generating a net initial yield of 8. 05%.
IQE warns on profits amid tough trading conditions
Semiconductor wafer products and materials solutions provider IQE updated the market on its trading for the year on Monday, reporting that it now expected to deliver revenue of between £136m and £142m, down from its previous guidance range of £140m to £160m, including a forex tailwind of circa £3m.
UK home sellers pull back in November amid unusually high uncertainty, Rightmove says
Asking prices for homes in the UK dipped in November, despite a sharp drop in the number of new sellers on the back of lacklustre prices and political uncertainty, the results of a closely-followed survey revealed.
Ronald Hundzinski appointed finance chief at TI Fluid Systems
TI Fluid Systems announced on Monday that Ronald Hundzinski would be its new chief financial officer and an executive director, both effective 6 January.
Sage agrees sale of Sage Pay business, Diploma sees profit grow by 15pc
London open The FTSE 100 is expected to open eight points higher on Monday, having closed up 0. 14% at 7,302. 94 on Friday.
Sage sells Sage Pay unit to US Bancorp for £232m
Technology group Sage said it had agreed to sell its Sage Pay business to US Bancorp's payments unit Elavon for £232m.
Monday newspaper round-up: Labour, Boris, Aramco, Heathrow
The Labour party has pledged to overhaul the public appointments system after one of the government-appointed commissioners who sets the UK minimum wage joined the board of G4S, the security company facing allegations of systematic violations of migrant workers’ human rights. Clare Chapman has served since March 2015 as one of nine commissioners on the government’s Low Pay Commission tasked with setting the national living wage, the legal minimum hourly rate. She was appointed as a G4S director in September.