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S4 Capital ups guidance again as losses widen
Shares in Sir Martin Sorrell's S4 Capital tumbled on Monday after the company reported wider interim losses, but increased its profit outlook for a third time.
Coinbase seeks to raise $1.5bn in bond offering
Cryptocurrency exchange Coinbase Global is looking to raise $1. 5bn in a debut bond offering, the company said in a statement on Monday.
Asia report: Shares mixed on US inflation, NKorea missile test
Asian markets closed mixed on Monday as a surge in US inflation to a record high and new North Korea missile tests rattled investors.
AB Foods raises outlook despite weaker Primark sales
Associated British Food raised its full-year profit outlook as weaker-than-expected fourth-quarter sales at Primark were offset by strong profit margins in the fashion business and a solid performance from its food and sugar divisions.
Dutch court rules Uber drivers are employees in fresh blow to firm
Uber drivers in the Netherlands are effectively under an employment contract, a Dutch court ruled on Monday, in a fresh blow for the US ride-hailing giant's gig economic model.
Monday newspaper round-up: WH Smith, customs duties, Vectura
The activist investor calling for a shake-up at Rolls-Royce has upped its stake in WH Smith but insisted it iswas supportive of management at the struggling high street chain. Causeway Capital Management is the retailer’s biggest shareholder and owns 9% after buying shares in the wake of a recent profit alert. Analysts suggested the California-based investor was betting on a recovery in international travel rather than agitating for change. - Guardian.
UK medical officers recommend vaccines for children age 12-15
Britain's chief medical officers recommended Covid-19 vaccines for children as young as 12, arguing the move was warranted given the benefits of reducing educational disruption because of the pandemic.
JP Morgan constructive on equities but expects cyclicals to lead into year-end
Equity strategists at JP Morgan remained "constructive" on equities, but predicted that leadership in the stock market would shift towards cyclicals going into year-end.
Payments platform Eurowag plots London IPO
Eurowag is planning to float on the London Stock Exchange's main market with the aim of raising roughly €200m of fresh capital to support its expansion plans.
ECB's Schnabel highlights impact of 'base effects' on CPI rise
A top European Central Bank official said the monetary authority did not believe rapidly rising consumer prices were a risk, emphasising that the "extremely" low level of inflation seen in 2020 needed to be taken into account.
Europe close: Stocks rally but end off best levels
European stocks attempted a rally on Monday, shrugging off a weaker overnight performance in Asia, after a top European Central Bank official said recent gains in inflation did not yet pose a risk.
Tuesday preview: US CPI, UK employment in focus
All eyes on Tuesday will be on the latest reading for US consumer prices in August.
Broker tips: CMC Markets, EasyJet, SThree
Analysts at RBC Capital Markets lowered their target price on financial services firm CMC Markets from 560. 0p to 410. 0p on Monday after the group's "more cautious" net operating income guidance for FY22.
Heathrow passenger numbers increase to highest level of pandemic in August
Heathrow saw a 48% month-on-month increase in passenger numbers in August as roughly 2. 2m people travelled through the west London airport last month.
Berenberg cuts target price on EasyJet after larger-than-expected equity raise
Analysts at Berenberg cut their target price on low-cost carrier EasyJet from 930. 0p to 720. 0p on Monday after the group's larger than expected equity raise.
SThree expects FY pre-tax profits to be 'significantly above' market consensus
Staffing business SThree said on Monday that full-year pre-tax profits were likely to come in "significantly above" market consensus after net fees improved in the three months ended 31 August.
London close: Stocks end up as banks, oil majors rally
London stocks ended higher on Monday as investors shrugged off concerns about China’s tech crackdown, with banks and oil issues on the rise.
US open: Dow Jones on track for first positive session in over a week
Wall Street stocks were mostly in the green after the opening bell on Monday as the blue-chip Dow Jones and the S&P 500 looked set to bounce back from five consecutive days of losses.
Audioboom lifts FY outlook but shares slump as AAA withdraws possible offer
Audioboom lifted its full-year outlook on Monday as it highlighted continued "strong" sales momentum, but shares in the AIM-listed podcast company slumped after All Active Asset Capital (AAA) withdrew its possible offer for the group.
Director dealings: Dechra director makes share sale
Dechra Pharmaceuticals revealed on Monday that director Tony Griffin had sold 17,500 ordinary shares in the FTSE 250-listed veterinary drugmaker.