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Barclays upgrades GB Group after Acuant deal
Barclays upgraded GB Group to ‘overweight’ from ‘equalweight’ on Monday, hiking the price target to 1,000p from 865p following the company’s acquisition of US identity identification business Acuant.
Guy Hands planning £300m takeover of Hopkins Homes - report
Private equity tycoon Guy Hands is reportedly plotting the £300m takeover of East Anglia's biggest private housebuilder, Hopkins Homes.
Osirium Technologies warns on FY bookings and revenues
Cybersecurity software provider Osirium Technologies warned on Monday that full-year bookings and revenues had fallen short of market expectations as a result of Covid-19 impacts on contract values.
ImmuPharma signs two-year collaboration deal with Imperial College
Specialist drug discovery and development company ImmuPharma announced on Monday that it has signed a two-year collaboration agreement with Imperial College London.
EU, eurozone consumer Nov sentiment falls as expected
Economic sentiment in the European union and euro zone eased fell in November, in line with consensus estimates, as rising Covid cases hit consumer optimism, official data revealed on Monday.
Santander UK appoints Mike Regnier as CEO
Santander UK has appointed industry veteran Mike Regnier as its new chief executive officer.
US pre-open: Wall Street futures in the green following omicron-fuelled selloff
Wall Street futures were pointing to gains ahead of the bell on Monday following Friday's omicron variant-fuelled selloff.
Franchise Brands acquires software developer Azura for £1m
Multi-brand franchisor Franchise Brands has acquired the entire issued share capital of franchise management software system developer Azura Group, it announced on Monday.
Canaccord Genuity initiates coverage on Gaming Realms at 'buy'
Analysts at Canaccord Genuity initiated coverage on mobile gaming content developer Gaming Realms at 'buy' on Monday, stating it was now reaping the benefits from two important strategic decisions taken by management.
London midday: Stocks extend gains as travel sector recovers
London stocks had extended gains by midday on Monday, recovering some ground after worries about the new Omicron Covid variant sent markets tumbling at the end of last week.
Europe midday: Shares extend gains despite Omicron variant fears
European share extended gains on Monday as they rebounded from Friday’s sharp sell-off in response to the emergence of the Omicron variant of Covid-19, with travel stocks back in favour and investors focusing on a potential bid for UK telecoms group BT.
Arcontech trading to fall short of market expectations
Software company Arcontech Group warned on Monday that its trading performance had fallen below current market expectations.
India's Reliance Industries refutes report it's interested in BT
India’s Reliance Industries has refuted a report it is considering making an offer for London-listed BT Group.
CMA says sale of Grafton's merchanting business raises competition concerns
The Competition and Markets Authority said on Monday that it will refer the sale of Grafton’s merchanting business to Huw Gray for an in-depth investigation if the two parties do not address competition concerns by next week.
Cryptos bounce back after the Omicron crash; Bitcoin holds $53,000
Cryptocurrencies got carried away on Monday as global markets rebounded sharply after the Black Friday stock market crash. This was due to the fact that investors reacted to fears of the new Covid-19 variant detected in South Africa: Omicron. In a clear "shoot first, ask questions later" move, as Oanda analyst Jeffrey Halley commented, investors and governments overreacted as, after the lessons learned from the Delta variant, they did not want to become complacent again.
UK consumer credit and mortgage lending rise by less than expected in October
Lending to individuals edged higher in October even as mortgage borrowing hit a three-month low.
Asia report: Stocks fall on fears of Omicron variant
Stock markets were lower at the close in Asia on Monday, as investors watched for developments in the recently-discovered ‘Omicron’ variant of Covid-19.
Victoria agrees to buy Balta Group's rugs division for EUR 138m
Flooring company Victoria has agreed to acquire the “highly profitable and growing” rugs division of the Belgium-based Balta Group, it announced on Monday, along with its profitable UK polypropylene carpet and non-woven carpet businesses.
Harvest Minerals to acquire BF Mineraço
Remineraliser producer Harvest Minerals said on Monday that it had entered into a binding share purchase agreement to acquire BF Mineraço for a total consideration of $800,000.
FDA gives Avacta the go-ahead for US chemotherapy trials
Clinical-stage biopharmaceutical company Avacta Group announced on Monday that the US Food and Drug Administration (FDA) has approved its investigational new drug (IND) application for its chemotherapy drug ‘AVA6000’.