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BP says oil may have peaked in 2019
Global oil demand may have already peaked with little chance of a recovery from the slump caused by the coronavirus crisis, oil major BP said on Monday.
Eurozone industrial production rises at slower pace
Eurozone industrial production rose in line with expectations in July as Covid-19 but economists warned the rebound was fizzling out.
Seeing Machines shares rise as it announces Qualcomm kit
Computer vision technology company Seeing Machines announced plans to deliver a fully supported, integrated driver monitoring system kit to the global automotive industry on Monday.
Retail footfall suffers as schools reopen and workers stay home
UK retail footfall declined sharply last week, data published on Monday showed, as children returned to school and people continued to work from home.
Duke Royalty exits investment in Xtremepush
Duke Royalty announced the successful exit of its £2m investment in its royalty partner, the Dublin-based business-too-business technology platform Xtremepush, on Monday.
Asia report: Markets firmer, SoftBank soars on Arm sale
Markets in Asia finished higher on Monday, as investors watched the announcement of the successor to Japan’s retiring prime minister Shinzo Abe, and reacted to confirmation that SoftBank was selling British chipmaker Arm to Nvidia.
Advance Energy pleased with progress since strategic review
Upstream-focussed Advance Energy updated the market on its operations on Monday, following the award of working interests in two blocks to its wholly-owned subsidiary Resolute Oil & Gas UK and Holywell Resources, a company in which it has a 25% interest.
Costain pushed to a loss by Welsh contract blow
Costain has fallen into the red after taking nearly £100m of charges relating to two long-standing contracts, the infrastructure construction specialist said on Monday.
Lloyds Bank at centre of hedge fund battle - report
Lloyds Banking Group is at the centre of a tussle between hedge funds based largely on the prospects for the UK's economy, the Financial Times reported.
Surface Transforms scores tier-one supply contract with global vehicle manufacturer
Carbon ceramic brake discs manufacturer Surface Transforms said on Monday that it had been selected as a tier-one supplier to a mystery global vehicle manufacturer, referred to only as OEM 8.
Liberum downgrades Ryanair to 'hold'
Liberum downgraded its stance on shares of budget airline Ryanair to ‘hold’ from ‘buy’ on Monday, as it said the stock was "best in class" but risks are balanced.
Focusrite FY revenues and profits grow 'substantially'
Music and audio products group Focusrite said on Monday that trading in the year ended 31 August had been "strong", with revenues, profits and cash flow all growing "substantially".
OnTheMarket secures listing agreement with Taylor Wimpey
Online property portal operator OnTheMarket inked a listing agreement with housebuilder Taylor Wimpey on Monday.
N4 Pharma plunges as Covid-19 progress stalls
N4 Pharma lost more than a third of its value after the company said its potential Covid-19 vaccine delivery method did not produce a positive result at stage 3 of tests.
Europe open: Shares up on Covid vaccine hopes, M&A activity
European stocks opened higher on Monday as Covid-19 vaccine hopes boosted investor sentiment.
MTI Wireless inks 5G framework order
Communication solutions group MTI Wireless Edge has secured a framework order totalling roughly $500,000 for a 5G dual-band backhaul solution.
London open: Stocks lifted by M&A news, vaccine hopes
London stock rose in early trade on Monday, boosted by M&A news and Covid-19 vaccine hopes.
Tekcapital investment Guident acquires shock absorber technology
Intellectual property investment company Tekcapital announced on Monday that its portfolio company Guident has acquired a new regenerative shock absorber technology, designed to extend the driving range of electric vehicles.
Gemfields swings to interim loss as Covid-19 halts auctions
Natural resources mining firm Gemfields said on Monday that it had swung to an interim loss after being "severely impacted" by the Covid-19 pandemic.
IronRidge agrees sale of May Queen project in Queensland
Africa-focussed minerals exploration company IronRidge Resources has entered into a binding agreement with Australasian Gold (AGL) for the sale of its non-core May Queen gold project in South East Queensland, Australia, it announced on Monday.