Latest News
Aldi unveils plan to open 100 new stores as annual sales rise
German supermarket group Aldi said it was creating 2,000 jobs and opening another 100 stores across the UK as part of its £1. 3bn plan to grab a larger share of the British grocery market.
Hikma buys Custopharm for $375m
Hikma Pharmaceuticals said it was buying US firm Custopharm from Water Street Healthcare Partners for $375m on a debt and cash-free basis, with a further $50m payable on meeting certain commercial milestones.
Europe midday: Germany in focus; Rolls-Royce secures ITP Aero sale
German shares were in focus on Monday as investors eyed moves to form a coalition after the country’s national election as the chances of a left-wing government faded.
Monday newspaper round-up: Petrol stations, house prices, Octopus Energy
Hundreds of soldiers could be scrambled to deliver fuel to petrol stations running dry across the country due to panic buying and a shortage of drivers under an emergency plan expected to be considered by Boris Johnson on Monday. The prime minister will gather senior members of the cabinet to scrutinise “Operation Escalin” after BP admitted that a third of its petrol stations had run out of the main two grades of fuel, while the Petrol Retailers Association (PRA), which represents almost 5,500 independent outlets, said 50% to 90% of its members had reported running out.
Asia report: Stocks mixed as Evergrande stays silent on interest
Markets in Asia closed in a mixed state on Monday, as an affiliate of embattled property giant China Evergrande warned investors in Hong Kong that it was facing a cash crisis.
London close: Rolls-Royce locks in gains in mixed day for stocks
London stocks closed in a mixed state on Monday, as engine maker Rolls-Royce charged ahead following a contract win.
Peel Hunt ups rating on Medica
Peel Hunt has upgraded its rating on Medica Group following a healthy set of interim numbers.
IWG mulling possible break-up - report
Shares in IWG sparked on Monday on rumours that the serviced office giant was considering a multi-billion pound break up.
Shares surge as Petrofac bribery probe nears end
Shares in Petrofac jumped on Monday after the oilfield services firm looked to draw a line under a bribery probe by striking a deal with the Serious Fraud Office.
Westminster temporarily suspends competition laws in effort to restock petrol stations
Downing Street has temporarily suspended competition laws as part of an effort to aide oil companies in targetting petrol stations that have run dry following days of panic buying.
3i Group updates on portfolio ahead of capital markets seminar
Private equity firm 3i Group provided investors with an update on its portfolio on Monday ahead of its capital markets seminar later in the day.
MusicMagpie launches sustainability partnership with Asda
Online retailer MusicMagpie has formally launched a sustainability partnership with supermarket chain Asda that will see the pair create a "circular ecosystem" as part of an effort to prevent thousands of tonnes of consumer technology and media products from ending up as waste.
Berenberg reiterates 'buy' rating on Base Resources
Analysts at Berenberg reiterated their 'buy' rating on metals and mining outfit Base Resources on Monday following the group's updated definitive feasibility study for its Toliara mineral sands project in Madagascar.
Director dealings: Kromek chairman raises stake
Kromek Group revealed on Monday that chairman Rakesh Sharma had purchased 94,339 ordinary shares in the AIM-listed detection technology company.
Canaccord Genuity raises target price on Beeks Financial Cloud
Analysts at Canaccord Genuity raised their target price on software and services firm Beeks Financial Cloud from 150. 0p to 190. 0p on Monday, stating full-year profits were on the horizon.
Amazon preps insurance offering for UK SME business customers
Amazon will soon offer insurance to small and medium-sized UK business customers, marking the e-commerce giant's first business insurance offering in Britain.
US close: Stocks mixed as reopening plays lift Dow Jones
Wall Street stocks put on a mixed performance on Monday as new Covid-19 cases continued to decline across the US and Treasury yields increased.
US pre-open: Futures mixed as new Covid cases decline in the States
Wall Street futures were pointing to a mixed open ahead of the bell on Monday as new Covid-19 cases continued to decline across the US.
US open: Stocks mixed as Covid cases fall, Treasury yields rise
Wall Street trading got off to a mixed start on Monday as new Covid-19 cases continued to decline across the US and Treasury yields increased.
Europe close: Oil and gas shares buoy main indices, periphery stocks outperform
German shares were in focus on Monday as investors eyed moves to form a coalition after the country’s national election saw the chances of a left-wing government fade - but it was oil shares that drove gains.