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Latest News
14 Sep
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Amazon to hire 100,000 more workers in 2020

Amazon announced on Monday that it would be recruiting 100,000 more workers in the US as part of its fourth hiring spree of 2020 to keep pace with the jump in demand for e-commerce during the pandemic.

14 Sep
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Uber continues court fight over London ban

Uber will take the fight against the ban imposed on its operations in London to the UK's courts for a second time this week.

14 Sep
Brighton Pier by Valcker (Flickr)
Brighton Pier trades ahead of expectations since reopening

Bright Pier Group said on Monday that trading since reopening several sites on 4 July had been better than expected, with total revenues coming in at 77% of those recorded in the prior year.

14 Sep
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Contested US election is biggest market risk - JP Morgan

A contested US election, renewed trade uncertainty and a Covid-19 vaccine delay are risks for equities as markets head towards year-end, JP Morgan said.

14 Sep
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Monday broker round-up

Redcentric: Canaccord initiates buy with a target price of 195. 0p.

14 Sep
Softbank sells chip designer Arm to Nvidia for $40bn

Japan’s SoftBank said it had agreed to sell Arm Holdings to Nvidia for $40bn, just four years after buying the chipmaker.

14 Sep
ocado snow
FTSE 100 movers: Ocado rallies ahead of Q3 update; gold miners fall

London’s FTSE 100 was up 0. 2% at 6,040. 97 in afternoon trade on Monday.

14 Sep
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Canaccord Genuity cuts target price on Premier Oil

Analysts at Canaccord Genuity cut their target price on independent upstream oil and gas company Premier Oil from 55. 0p to 20. 0p on Monday, stating it had identified some "valuation sensitivities" following its recent restructuring.

14 Sep
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Boku launches KakaoPay payments in South Korea

Mobile payments and identity company Boku announced the launch of payments via KakaoPay in South Korea on Friday, for one of its global video games partners.

14 Sep
oilfield
Mosman upbear on completion of Stanley-4

Exploration, development and production company Mosman Oil and Gas updated the market on the Stanley-4 well in East Texas on Monday, saying it has completed drilling after reaching the target depth of around 5,000 feet.

14 Sep
gleeson
Profits tumble as Covid-19 hits home for MJ Gleeson

Annual profits at housebuilder MJ Gleeson have plunged by more than 80%, after the Covid-19 pandemic saw the housing market grind to a halt.

14 Sep
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Verizon to buy value mobile provider Tracfone from America Movil

Verizon has agreed to buy US pre-paid and value mobile provider Tracfone from America Movil in a cash and share deal valued at more than $6bn.

14 Sep
david cameron, reino unido
Cameron joins ex-Tory PMs' criticism of Brexit bill

David Cameron has become the third former Tory prime minister to express concerns about the government's proposal to break international law over Brexit - though in weaker terms than John Major and Theresa May.

14 Sep
london city airport landing
London City airport considers 239 job cuts

London City airport is planning to cut up to 239 jobs - more than a third of its workforce - because of reduced passenger numbers caused by Covid-19.

14 Sep
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SolGold completes $100m financing to advance Alpala project

SolGold has completed its $100m (£77. 64m) royalty financing, it announced on Monday, under the net smelter return financing agreement with Franco-Nevada over its flagship Alpala copper-gold project, and the remainder of the Cascabel concession in northern Ecuador.

14 Sep
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Mark Rothera joins Silence Therapeutics as new CEO

Drug discovery and development company Silence Therapeutics announced the appointment of Mark Rothera as its president and chief executive officer and board member on Monday, effective immediately.

14 Sep
nyse port herval
US pre-open: Futures higher following Nvidia deal

Wall Street futures had stocks opening higher ahead of the bell on Monday as sentiment got a slight boost from news that chipmaker Nvidia had agreed to buy competitor Arm Holdings.

14 Sep
FCA extends help on mortgages but deferrals to be recorded

The Financial Conduct Authority (FCA) has confirmed further support for mortgage holders if they face payment difficulties due to the coronavirus pandemic, but their credit files will be marked as a result.

14 Sep
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London midday: Stocks turn a touch lower despite M&A flurry, vaccine hopes

London stock had turned a touch weaker by midday on Monday despite a flurry of M&A news and Covid-19 vaccine hopes.

14 Sep
chemicals
SThree strikes upbeat note despite fee income slide

STEM staffing specialist SThree saw fee income fall in the third quarter as the Covid-19 pandemic continued to curtail recruitment.