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Europe close: Stocks hit by US-China trade worries, Trump tariffs
European stocks finished sharply lower at the start of the week, relinquishing earlier gains as trade war uncertainty vied against strong data out of China and the Eurozone.
Tuesday preview: US-China trade talks and Ferguson in the spotlight
The focus on Tuesday will revert to the ongoing US-China trade talks following reports during the previous session that negotiations had stalled after Capitol Hill passed a bill into law that some in China saw as interference in Hong Kong's internal affairs.
RBC upgrades Glencore and Rio Tinto
Analysts at RBC Capital Markets took a fresh look at miners Glencore and Rio Tinto on Monday, adjusting their target price and upgrading their recommendation on both firms's shares on the back of higher near-term iron ore price forecasts.
London close: Stocks hit by lacklustre factory PMI and US-China trade worries
London stocks finished the Monday session with moderate losses on the back of uninspiring UK manufacturing figures offset better-than-expected Chinese data, although concerns about Sino-US trade relations also weighed.
600 Group profits jump following revenue growth
600 Group on Monday reported double-digit interim profit growth as both its divisions delivered revenue growth despite facing "macro-economic and political uncertainties".
Director dealings: Enquest CEO ups stake via trust
Enquest revealed on Monday that chief executive Amiad Bseisu had acquired 796,874 ordinary shares in the London-listed crude oil producer via Double A Limited, a discretionary trust in which his extended family holds a beneficial interest.
Berenberg stays at 'buy' on Hurricane Energy despite 'disappointment' at Warwick West
Analysts at Berenberg reiterated their 'buy' recommendation and 100p target price on shares of oil and gas explorer Hurricane Energy despite the disappointing test results for its Warwick West well.
Broker tips: Glencore, Rio Tinto, Hurricane Energy, Unilever
Analysts at RBC Capital Markets took a fresh look at miners Glencore and Rio Tinto on Monday, adjusting their target price and upgrading their ratings on both firms as a result of rising near-term iron ore price forecasts.
US factory sector extends recovery in November, IHS Markit says
America's manufacturing continued to pull out of its recent soft patch, according to the results of one of the most closely-followed surveys for the sector.
Amazon 'worst' aggressive tax avoider - Fair Tax Mark
The transparency campaign Fair Tax Mark accused America's six largest technology firms of "aggressively avoiding" $100. 0bn-worth of taxes around the world over the past decade, singling out Amazon as the "worst offender".
Inland Homes to press ahead with Wilton Park after judicial review period
Inland Homes announced on Monday that the planning permission granted at Wilton Park, Beaconsfield was now through the judicial review period, and was free from any legal challenge.
Brussels 'ready' to cut off access for City of London post-Brexit
The EU’s financial services chief Valdis Dombrovskis told the Financial Times that Brussels is ready to cut off the City of London’s market access following Brexit.
Corero signs two new customers, renews with a third
Network security company Corero Network Security announced orders from two new customers for its ‘SmartWall DDoS Protection-as-a-Service’ (DDPaaS) solution on Monday, as well as a DDPaaS expansion order from an existing customer, totaling more than $1. 1m over the course of the contracts.
Pebble raises £135m as it joins AIM
Promotions specialist Pebble Group has raised over £100. 0m after floating on Aim, the London Stock Exchange’s junior market.
FTSE 100 movers: Ocado retreats; Glencore boosted by upgrade
London’s FTSE 100 was down 0. 6% at 7,304. 75 in afternoon trade on Monday amid renewed concerns about Sino-US trade relations.
Proton Power gets pilot order from shipbuilder Fincantieri
Fuel cell and electric-hybrid systems developer and producer Proton Power Systems has agreed with shipbuilding giant Fincantieri to provide a 38 kW fourth generation fuel cell, it announced on Monday.
US open: Stocks head south as trade remains in focus
US stocks opened lower on Monday following another round of sabre-rattling from the President and some weaker-than-expected manufacturing data.
FTSE 250 movers: NewRiver drops, Tullow gushes higher
London's FTSE 250 was lower by 0. 38% at 20,733. 26 in afternoon trade on Monday, with NewRiver leading the index downward.
ISM manufacturing index slips in November
Activity in the US manufacturing sector weakened further in November, languishing at a decade low, according to figures released on Monday by the Institute for Supply Management.
China’s Zijin Mining to buy Canada’s Continental Gold
China’s Zijin Mining has agreed to buy Canada’s Continental Gold for around CAD1. 4bn in cash in a deal that will boost its gold reserves and cash flow.