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STM sells Jersey-based trust services business
Cross-border financial services provider STM Group announced the unconditional sale of its Jersey-based trust and company services businesses for a minimum of £1. 4m cash.
Berenberg raises target price on Midwich
Analysts at Berenberg raised their target price on audiovisual distributor Midwich Group from 590. 0p to 620. 0p on Monday, stating the firm's recovery had begun.
Hotel Chocolat upgrades full-year expectations
Premium chocolatier Hotel Chocolat said on Monday that trading for the year to 27 June 2021 is set to be "significantly ahead" of expectations as it reported a jump in revenues.
London midday: Stocks tread water as sterling rallies
London stocks were treading water by midday on Monday despite strong gains in the mining sector, held back by a stronger pound as investors cheered the prospect of easing coronavirus restrictions.
Europe midday: Stocks steady after hitting fresh record
European stocks were flat to slightly weaker by midday on Monday, as the pound moved above $1. 41 for the first time since February.
Polarean Imaging gets another research unit order
Medical imaging technology company Polarean Imaging has received an additional research unit order for a ‘9820 Xenon Polariser’ system from the University of British Columbia (UBC), it announced on Monday.
Corcel acquires stake in 'shovel ready' gas peaking project
Exploration and development company Corcel said on Monday that it had acquired a 40% interest in the "shovel ready" Tring Road gas peaking project outside of Aylesbury from Arlington Energy.
Stifel downgrades St Modwen, lifts price target after takeover offer
Stifel downgraded its stance on shares of St Modwen to ‘hold’ from ‘buy’ on Monday but lifted the price target to 542p from 450p, bringing it in line with the proposed takeover offer received by the company from US private equity firm Blackstone last week.
India Covid cases close to record highs as calls for national lockdown pile on
India’s coronavirus cases and deaths stayed close to record daily highs on Monday as calls for the government to impose a national lockdown piled on.
Citi sees near-term risks easing after Scottish election results
Analysts at Citi believe the results of the Scottish elections during the previous week's will see some of the more acute near-term risks ease.
Retailers out in the cold as wet weather hits footfall
Wet weather dampened the number of shoppers visiting British high streets last week, industry data showed on Monday.
Eden Research's 'Cedroz' gets approval in Italy
Biopesticides company Eden Research announced on Monday that its commercial collaborator Eastman Chemical Company has received authorisation for the sale of ‘Cedroz’ in Italy.
Hurricane reports lower oil production rate at Lancaster
UK-based oil and gas company Hurricane Energy updated the market on Lancaster field operations on Monday, reporting that in April, as part of its periodic reservoir management well testing programme, the field was producing from both the P6 and P7z wells in various different configurations and at various production rates, including periods of well shut-ins for pressure build-up tests.
US pre-open: Futures mixed following ransomware attack on major fuel pipeline
Wall Street futures had stocks opening with mixed results ahead of the bell on Monday, with both energy and cybersecurity stocks in focus following a cyber attack that shut down a major US fuel pipeline.
Volvo, Daimler plan shift to hydrogen-fuelled trucks
Volvo and Daimler are anticipating a permanent shift towards hydrogen-fuelled trucks during this same decade and preparing for the change through the launch of their joint-venture, Cellcentric.
SpaceX accepts Dogecoin as payment for 'DOGE-1 mission'
SpaceX announced it would accept Dogecoin as payment to fund its “DOGE-1 Mission to the Moon” in the first quarter of 2022.
EVs to be cheaper to produce than fossil fuel cars in six years' time
Electric cars and vans will be cheaper to produce than conventional fossil fuel cars by 2027, said the latest forecasts from BloombergNEF.
China considers UN event on Xinjiang an insult
An official for the Chinese foreign ministry, Hua Chunying, said on Monday that the use of the United Nations as a platform for a virtual event on the repression of Uyghur Muslims and other minorities in Xinjiang was an insult.
RUA Life Sciences FY royalty income impacted by FX movements
Medical device group RUA Life Sciences said on Monday that it had seen continued like-for-like growth in royalty income from its Elast-Eon polymer product but cautioned that foreign exchange headwinds would bring about an overall decline in the metric.
Midwich restarts dividends as trading beats expectations
Midwich Group restarted dividends after trading beat forecasts and the company predicted annual profit well ahead of expectations.