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Prudential plans to raise £2bn through share offer
UK life insurer Prudential said it planned to raise £2bn through a public offer and international share placing on the Hong Kong Stock Exchange.
Lufthansa launches €2bn capital increase to repay state Covid bailout
German flag carrier Lufthansa plans to raise €2. 14bn via a capital increase to pay back part of a state bailout the airline received during the coronavirus crisis.
Norway's Equinor ramping up gas exports to Europe
Norwegian state-run energy company Equinor and its partners have been given the green light to increase gas exports from two offshore fields for a year as European supply shortages cause a spike in prices.
Europe close: Investors fret over China; Travel stocks up on US flight hopes
European stocks closed sharply lower on Monday as fears over the stability of China's property sector and rising energy prices spooked investors, although travel shares outperformed on hopes on a resumption of travel to the US from the UK and EU.
Monday newspaper round-up: Gas prices, Virgin Money, OneWeb
Kwasi Kwarteng, the business secretary, will hold an emergency summit with gas industry chiefs on Monday morning in an effort to contain the fallout caused by soaring market prices on consumers and businesses. Mid-level suppliers will be placed into administration if they fall into trouble this winter in an attempt to protect consumers from costlier bills, he revealed on Sunday, after spending a frantic weekend thrashing out contingencies for Britain’s looming gas crisis.
Live Company signs new contract with Paisley First
Events and entertainment group Live Company said on Monday that it had inked a new contract with Paisley First for its BRICKLIVE Fantasy Kingdom.
Zoo Digital continues to see 'strong' YTD momentum
Cloud-based software firm Zoo Digital said on Monday that it had continued to see "strong momentum" across the business year-to-date.
Berenberg downgrades 'big fella' BHP from 'buy' to 'hold'
Analysts at Berenberg downgraded mining giant BHP from 'buy' to 'hold' on Monday, stating "the big fella" was lacking near-term catalysts.
Broker tips: BHP, Anglo American
Analysts at Berenberg downgraded mining giant BHP from 'buy' to 'hold' on Monday, stating "the big fella" was lacking near-term catalysts.
London close: Stocks finish weaker amid China, gas price concerns
London stocks remained in negative territory at the close on Monday as the September slide continued, dragged lower by weakness in the mining sector and heavy losses for Prudential.
US open: Stocks sharply lower following Evergrande meltdown
Wall Street stocks were firmly in the red early on Monday as an already rough month for major indices looked set to get even rougher still.
US pre-open: Futures sharply lower amid contagion fears from Evergrande meltdown
Wall Street futures were firmly in the red ahead of the bell on Monday as an already rough month for major indices looked set to get even rougher still.
Director dealings: Kestrel Partners raises stake in IQGeo
IQGeo Group revealed on Monday that Kestrel Partners, of which non-executive director Max Royde is a partner, had acquired 25,000 ordinary shares in the AIM-listed software firm.
Government won't bail out failed energy firms, says Kwarteng
Business Secretary Kwasi Kwarteng said on Monday that the government will not bail out failed energy firms amid surging wholesale gas prices.
Travel stocks jump as US set to relax rules for jabbed EU, UK passengers
Travel stocks surged on Monday afternoon as it emerged that vaccinated passengers will be able to travel to the US from the EU and UK from November onwards.
FTSE 250 movers: Airlines fly higher; Moneysupermarket hit by downgrade
London’s FTSE 250 was down 1. 2% at 23,370. 62 in afternoon trade on Monday.
Oncimmune inks deal with global pharma firm
Immunodiagnostics company Oncimmune has signed an autoantibody profiling agreement with an unnamed global pharmaceutical company, it announced on Monday, to evaluate the autoantibody profiles of patient samples in various autoimmune diseases.
Barclays downgrades Anglo American to 'equal weight'
Analysts at Barclays downgraded multinational mining company Anglo American to 'equal weight' and lowered their target price on its shares from 3,600. 0p to 2,700. 0p on Monday, stating there appeared to be "turbulence ahead" for the group.
Lightsource BP targets double growth after new funding deal
BP’s joint solar power venture, Lightsource BP, said it will more than double its planned global expansion by 2025 after securing $1. 8bn (£1. 3bn) in financing.
FTSE 100 movers: Prudential slumps; airlines surge
London’s FTSE 100 was down 0. 9% at 6,901. 11 in afternoon trade on Monday.