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Europe open: Oil stocks higher as Brent jumps on Saudi attack report
European shares opened higher at the start of the week with oil stocks up on reports of an attack on Saudi oil facilities on Sunday.
Restore acquires Liverpool-based Apple recycling and spare parts business
Support services firm Restore said on Monday that it had acquired the Bookyard, a leading Apple recycling and spare parts business based in Liverpool, for an undisclosed sum.
Senior swings to operating loss in 'extraordinary' year
Senior swung to an operating loss of £177. 3m in 2020, it said on Monday, from a profit of £61. 6m in 2019, with its results “significantly” impacted by the Covid-19 pandemic and the grounding of the Boeing 737 MAX fleet globally.
Equiniti sells EQi D2C platform to Interactive Investor
Payments services group Equiniti said on Monday that it has agreed to sell the EQi direct-to-consumer customer business of Equiniti Financial Services to Interactive Investor for a consideration of up to £48. 5m.
Cash hedge settlements underpin final numbers for Diversified Gas & Oil
Diversified Gas & Oil reported adjusted total revenue of $553m in its final results on Monday, which was up 8% year-on-year.
Network International posts double-digit decline to FY revenues and earnings
Payments solutions provider Network International said on Monday that it was "strongly positioned" across its "rapidly accelerating" digital payments markets despite posting double-digit full-year declines in both revenues and earnings.
Card Factory in talks to raise funds from banks
Card Factory is seeking to raise new funds from its banks to get it through the pandemic, according to a report.
BT denies du Plessis left after rift with CEO Jansen
UK telecoms group BT has denied accusations that former chairman Jan du Plessis was forced out last week because he was holding up the pace of strategic decisions.
Clarkson lifts dividend following 'robust' cash performance in 2020
Clarkson reported a “robust” underlying financial performance ahead of market expectations in its preliminary results on Monday, as its revenue fell to £358m in 2020, from £363m in the prior year.
Phoenix ups dividend, posts record cash generation
Phoenix posted record annual cash generation and an increased dividend as it unveiled new cash targets.
Micro Focus to appeal as jury rules in favour of Wapp in patent litigation case
Micro Focus said on Monday that it plans to appeal after a jury ruled in favour of US-based Wapp in a patent litigation case, awarding the claimant damages of up to $172. 5m.
London pre-open: Stocks seen up as US Senate approves Covid relief bill
London stocks were set to rise at the open on Monday after the US Senate approved a $1. 9trn Covid relief bill.
Pearson maintains dividend as profits fall, Direct Line increases distribution
London open The FTSE 100 is expected to open 46 points higher on Monday, having closed down 0. 31% on Friday at 6,630. 52.
Brent futures spring higher after attack on key Saudi oil facility
Crude oil futures sprang higher at the start of the week following an attack on Saudi Arabia's largest crude terminal at Ras Tanura.
Direct Line unveils £100m buyback after profit drop
Direct Line increased its dividend and announced a £100m share buyback as the insurer reported a 4. 5% drop in annual profit.
Monday newspaper round-up: UK airports, British ports, business confidence, GSK
The Trades Union Congress and Heathrow have called on the government to cover UK airports’ operating costs while travel bans are in place, and to extend the furlough scheme for as long as public health measures affect aviation, in a joint call for “survival support”. They said the demand for financial help and other measures were a matter of survival for businesses in the sector, after a budget in which Heathrow accused the chancellor of ignoring aviation and failing to understand the sector’s role.