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MTI Wireless Edge secures large order in Russia
Communication and radio frequency technology company MTI Wireless Edge announced on Monday that the St Petersburg office of its MTI Summit division has secured a “significant order” for delivery in 2020 from a Russian customer.
Asia report: Markets mixed on China inflation, coronavirus developments
Markets in Asia were mixed on Monday, with stocks in mainland China in the green as investors digested fresh inflation data from the country, as well as the latest developments in the ongoing coronavirus outbreak.
Crossword Cybersecurity results seen in line with market views
Crossword Cybersecurity said on Monday that results for the year to the end of December were set to be in line with market expectations.
Keystone Investment Trust to redeem debenture stock and bonds
Keystone Investment Trust said on Monday that it intends to redeem all of its outstanding 7. 75% debenture stock 2020, and all of the outstanding 6. 5% bonds 2023, both on 13 March.
Panther Metals granted licence for Annaburroo Gold Project
Canada and Australia-focussed mineral exploration and development company Panther Metals announced the formal grant of exploration license EL32140, named the Annaburroo Gold Project, in Australia’s Northern Territory on Monday.
Europe open: Stocks drift lower amid coronavirus concerns
Stocks across the Continent have started the week lower, weighed down by the news of the continued rise in the number of cases of the new Chinese coronavirus.
Intu confirms fundraising discussions with Link Real Estate
Intu Properties confirmed that it is in “constructive discussions” with Link Real Estate on Monday, following press speculation over the weekend.
Audioboom considers putting itself up for sale
Audioboom shares surged on Monday as the company confirmed that it is considering putting itself up for sale.
NMC confirms bid approaches from KKR, GK Investment
NMC Health confirmed it had received “highly preliminary” approaches from Kohlberg Kravis Roberts & Co and GK Investment to buy the company as its founder and a major shareholder were forced to step back from the board after their shareholdings had been reported incorrectly to the market.
London open: Stocks dip amid coronavirus concerns; NMC Health surges
London stocks edged lower in early trade on Monday amid ongoing concerns about the spread of the coronavirus, as the UK declared it a "serious and imminent threat" to the public.
Workspace appoints Whitbread's David Benson as CFO
Workspace announced the appointment of David Benson as its new chief financial officer with effect from 1 April.
NMC Health confirms approaches from KKR, Workspace appoints Whitbread's Benson as CFO
London open The FTSE 100 is expected to open nine points lower on Monday, having closed down 0. 51% at 7,466. 70 on Friday.
London pre-open: Stocks seen lower on downbeat China cues
London stocks were set for a weaker open on Monday, taking their cue from a downbeat session in Asia amid ongoing concerns about the spread of the coronavirus.
Monday newspaper round-up: Waitrose, Budget, Huawei
Waitrose is to launch thousands of new and revamped products in the coming months as the battle for the hearts and minds of Ocado shoppers moves up a gear. The supermarket’s deal with the online grocer will finish at the end of August, when it will be replaced by Marks & Spencer. The switchover is high risk for all the brands involved: Ocado risks losing loyal Waitrose shoppers while the supermarket, which is part of the John Lewis Partnership, will have to persuade shoppers to use its own website instead.