Market Pulse
Ford increases investments in hybrid and electric vehicles by $11bn
Ford will invest $11bn to have 40 hybrid and fully electric vehicles by 2022, more than doubling its originally planned investment of $4. 5bn.
Watkin Jones CEO to step down
AIM-listed Watkin Jones said on Monday that chief executive officer Mark Watkin Jones plans to step down from the role once a suitable successor has been appointed and following an orderly handover.
London midday: Stocks slip sideways as Carillion collapse weighs
London stocks were flat by midday on Monday as the collapse of contractor Carillion and the potential repercussions among other listed firms weighed on investors' minds.
Greatland Gold tumbles after Newmont backs out of Western Australian project
AIM-listed mineral exploration and development firm Greatland Gold was informed by the potential operator of its Ernest Giles project in Western Australia that it would not be going ahead with the project, an announcement that sent the group's shares into freefall early on Monday.
Shell gives green light for revival of Penguins field in North Sea
Royal Dutch Shell has given the go-ahead for its first new manned oil and gas rig in the northern North Sea in almost 30 years, as it redevelops the Penguins oil and gas field.
Spectra reaches licensing agreement with major banknote supplier
Tech-based security solutions firm Spectra Systems has inked a licensing agreement to extend the rights of its underlying technology to an unnamed client, unlocking $11. 2m in royalty payments for the firm over the next five years.
Base Resources agrees to acquire Madagascar asset
Dual-listed mineral sands producer Base Resources told investors on Monday that its planned acquisition agreement for the Toliara Sands project in Madagascar was now unconditional.
SpaceandPeople beats full-year profit targets
Media specialist SpaceandPeople saw strong trading during the final quarter of 2017 that brought total revenue in line with market expectations, but thanks to the mix of revenue from the firm's individual divisions, overall pre-tax profit was anticipated to come in ahead of consensus.
Harvest Minerals expands Brazilian operations after strong finish to trading year
AIM-listed fertiliser producer Harvest Minerals was set to substantially expand operations at its wholly-owned Arapua project in Brazil after sales of KPfértil accelerated in the tail-end of the 2017 calendar year.
Berenberg upgrades Johnson Matthey to 'buy'
Analysts at Berenberg upgraded their recommendation on shares of Johnson Matthey from 'hold' to 'buy' on the back of its recent market share gains in European autocatalysts.
Randall & Quilter sells insurances services, captive management operations
Randall & Quilter has sold its insurance services and captive management operations to digital solutions provider Davis Group.
Eurozone trade surplus widens in November
The single currency area's foreign trade surplus with the rest of the world rose again in November, led by an improvement in Germany.
Acacia Mining gold production falls less than expected
Acacia Mining reported gold production slightly ahead of expectations but down 30% year on year.
Gem Diamonds rallies on 910 carat discovery at Letseng
Gem Diamonds said on Monday that it has recovered an “exceptional quality” 910 carat, D colour Type IIa diamond from the Letseng mine in Lesotho.
Asia close: Currency moves in focus across region
Japanese stocks brushed-off strength in the yen on Monday, but their Chinese peers were not quite as lucky.
London open: Stocks nudge lower as Carillion collapse sours sentiment
London stocks ticked lower in early trade on Monday, with sentiment undermined by the collapse of contractor Carillion.
Premier Foods plays down Batchelors sale report
Mr Kipling and Bisto owner Premier Foods noted press speculation over the weekend about a possible sale of its Batchelors' brand to Nissin, saying it has made no changes to its strategy since the preliminary results last May and talks with Nissin are still at a very early stage.
Bodycote expects one-off US tax benefit, FY operating profit seen at top end of views
FTSE 250 heat treatment supplier Bodycote said on Monday that it now expects full year 2017 headline operating profit to be towards the upper end of market expectations as it announced that US tax changes should have a positive one-off impact.
Hikma appoints Surendera Tyagi as chief scientific officer
Hikma Pharmaceuticals has appointed Surendera Tyagi as group chief scientific officer and global head of research and development.
Europe open: Stocks dip as euro continues to edge higher
Stocks are dipping lower, weighed down by another upwards move in the single currency and despite the fresh record highs seen on Wall Street at the end of the previous week.