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Warehouse REIT acquires 570,000 square foot portfolio
Real estate investment trust Warehouse REIT has agreed to acquire a 570,000 square foot warehouse portfolio.
DP Poland CEO resigns ahead of possible acquisition
DP Poland chief executive Iwona Olbrys agreed to resign from the group's board of directors on Monday, with immediate effect.
Europe open: Shares up on Asia data, BBVA deal
European shares started the week higher, boosted by positive economic data in Asia and news that Spanish bank BBVA was selling its US division for $11. 6bn.
Softcat posts positive first quarter growth
Technology infrastructure and services provider Softcat said on Monday that it performed “well” during the first quarter.
Vodafone maintains dividend and guides to flat earnings
Vodafone announced an unchanged interim dividend as the company forecast broadly flat annual earnings.
Eleco's Powerproject wins software award for seventh consecutive year
Software group Eleco said on Monday that its Powerproject programme had been awarded "Project Management Software of the Year" at the UK Construction Computing Awards for the seventh year in a row.
London open: Stocks rise on vaccine optimism, China data
London stocks rose in early trade on Monday, with sentiment underpinned by vaccine optimism and solid Chinese data.
Chinese factory output beats expectations
Chinese industrial production beat expectations in October and retail sales accelerated as the world's second-biggest economy continued to recover from the slump caused by Covid-19.
Stagecoach locks in extension to waivers until 2021
Transport group Stagecoach has agreed to an extension to waivers on £325. 0m of debt as part of an effort to help it navigate the Covid-19 pandemic.
Diploma pays dividend; confident on 2021
Diversified technical and services group Diploma increased its dividend as it reported a fall in full-year profits.
Smiths Q1 revenues dip, on track to meet FY expectations
Diversified engineer Smiths Group said on Monday that it was on track to meet market expectations for the full year as it reported a dip in first-quarter revenue.
London pre-open: Stocks seen up on positive Asian cues
London stocks were to gain at the open on Monday, taking their cue from a positive session in Asia.
Kainos doubles first-half profits, Vodafone leaves interim dividend unchanged
London open The FTSE 100 is expected to open 48 points higher on Monday, having closed down 0. 36% on Friday, at 6,316. 39.
Monday newspaper round-up: Insurers, petrol cars, Post Office
Eight months since the UK coronavirus lockdown forced the temporary closures of restaurants, bars, shops, hairdressers and other small businesses, thousands who are still awaiting payouts from their insurers to cover lost income will hope a supreme court hearing will result in a ruling that favours about 200,000 policyholders. Most have not received a penny despite having business interruption insurance, a key part of commercial policies which is supposed to pay out if a firm cannot trade as usual owing to an unexpected event.
Kainos lifts dividend as interim profits double
IT provider Kainos lifted its dividend as half-year profits doubled, driven by a strong rise in revenue at its healthcare unit which has been helping the NHS with its Covid-19 test and trace programme.