Market Pulse
Milestone Group teams up with Sean Edwards Foundation
Digital media and technology solutions provider Milestone announced the signing of a co-operation agreement with the Sean Edwards Foundation on Monday, to promote Milestone's Passion Project and its digital media and charity giving platform, Alchemy.
Obama: UK will not receive special trade deal
President Barack Obama has continued insist that the United Kingdom's post-Brexit trade deals with the United States will not be prioritised above those with other countries.
Fishing Republic lands second acquisition: 'Fantackletastic'
Tackle retailer Fishing Republic has completed its second acquisition since listing, using £150,000 of its recent £3. 75m placing to buy the Fantackletastic store in Lincolnshire.
Scisys wins further contract with MoD
Scisys, a supplier of bespoke software systems and IT-based solutions, has been awarded a contract by the UK Ministry of Defence to deliver further research and software development services to the Defence Science and Technology Laboratory.
Oil futures jump on Russian, Saudi deal to balance market
News that Russia and Saudi Arabia had agreed to work together to stabilise world oil prices sent crude futures sharply higher.
Belvoir expands through further acquisitions in first half
Belvoir, the British property franchise, has reported a successful first half due to revenue contributions from three new acquisitions.
Hunting swings to H1 loss, amends credit facility
Oil services group Hunting said it swung to a loss in the first half as revenue declined amid weaker oil prices.
EVR Holdings delivers first interim results since admission
Virtual reality content creator EVR Holdings announced its interim results for the six months to 30 June on Monday, having successfully listed on AIM on 16 May 2016.
Morrisons cuts to meat and veg prices raises stakes for supermarket sector
Supermarket group Morrisons has piled on extra pressure on the sector's margins with a new round of 12% price cuts to 160 everyday items, which analysts suggested could prompt reprisals from rivals such as Asda.
Lloyds, RBS drop on Deutsche Bank downgrades
Lloyds and Royal Bank of Scotland were under the cosh on Monday as Deutsche Bank downgraded the stocks to adjust for a “lower-for-longer” environment.
Eurozone retail sales rise more than expected in July
Retail sales in the 19 countries that share the euro rose more than expected in July, according to the latest figures from Eurostat.
88 Energy to drill vertically rather than laterally at Alaskan well
Australian oil and gas company 88 Energy has revised the design for its Alaskan Icewine-2 well and now intends to drill vertically, rather than laterally, to reduce costs and risks.
UK services sector rebounds strongly after post-Brexit wobble, Markit PMI shows
The UK services sector bounced back strongly last month after the sharp contraction in the weeks after the Brexit vote, according to a monthly survey of purchasing managers in the industry.
Telefonica plotting 02, Telxius IPOs
Telefonica has begun preparing for an initial public offering of its UK mobile telecommunications unit, O2, among other options under review, as it seeks to cut debt.
John Lewis of Hungerford managing director Jon Rosby to step down
John Lewis of Hungerford said on Monday that Jon Rosby will stand down as managing director on 30 September after ten years in the role.
Atalya Mining enters into $14m agreement with Transamine Trading for copper mine
Copper explorer Atalya Mining entered in agreement with commodity trading company Transamine Trading for a $14m copper concentrate prepayment in order to fund its mine expansion in Spain.
UK shop prices fall as food prices show record deflation, BRC-Nielsen
UK shop prices fell at a faster rate last month, with depreciation for both food and non-food retailers as seasonal promotions combined with global gluts of crude oil and wheat.
Plutus PowerGen's losses narrow as revenues rise
AIM listed energy investment company Plutus PowerGen’s full year losses narrowed as revenues increased.
Eurozone business activity slips in August
Business activity in the eurozone slipped in August, according to data released on Monday.
RBS Group customers due to receive refund for student overdraft charges
RBS Group is issuing refunds to student accounts dating back to 2002 for wrongly charging interest on overdrafts.