14:03

German inflation edges up to 2.4% in April

German inflation registered a slight rise in April as food prices rose while energy costs fell less than expected, according to preliminary data published on Monday.

13:45

Gatemore calls on Elementis to replace CEO

Activist investor Gatemore Capital Management said on Monday that Elementis was an attractive company that has "lost its direction" as it called for the chief executive to be replaced.

13:25

Blackstone ups bid for Hipgnosis with $1.57bn offer

Music rights owner Hipgnosis said it it agreed terms on a $1. 57bn (£1. 26bn) takeover by private equity investor Blackstone, in the latest tit-for-tat battle with rival Concord.

11:54

Luxury giant Puig set to raise €2.6bn in Madrid IPO this week

Puig, the Spanish fashion, cosmetics and fragrance conglomerate that's set to list on the Madrid Stock Exchange this week, has set its initial public offering (IPO) price at the top end of the range at €24. 50 a share.

10:12

Zenova inks £2.4m paint supply deal

Fire suppression specialist Zenova Group announced a two-year contract for 200,000 litres of its FP coating on Monday, with Drips and Sparks.

09:59

Philips shares soar on $1.1bn DOJ settlement

Koninklijke Philips, the Dutch healthcare giant, has finally reached a settlement with US regulators over a Respironics product recall back in 2021 worth $1. 1bn, causing shares to soar by more than a third on Monday morning.

09:52

Image Scan gets first order for new ThreatScan system

Security and industrial screening specialist Image Scan announced an initial order worth £0. 3m from a partner on Monday, for the supply of ‘ThreatScan-AS1’ portable x-ray systems as part of a framework contract secured by the partner with a European Ministry of Defence organisation.

09:37

dl frasers group plc fras consumer discretionary retail retailers apparel retailers ftse 100 sports direct international house of fraser 20230328 1805

Frasers to repurchase up to 10m shares in new buyback programme

Sports Direct owner Frasers Group launched a new share buyback programme on Monday, with the business set to repurchase up to £80. 0m worth of ordinary shares.

09:21

DP Poland reports robust first quarter of trading

DP Poland, the operator of Domino's pizza stores and restaurants in Poland and Croatia, reported a robust first quarter of trading in Poland on Monday, with double-digit sales growth in both delivery and non-delivery channels.

09:20

Sondrel achieves tapeout in automotive chip contract

Chip supplier Sondrel announced the successful completion of a significant milestone in its material turnkey ASIC engagement for a tier-one OEM automotive customer on Monday.

08:44

Petrofac delays results, says it may need to convert existing debt to equity

Petrofac tumbled on Monday as it announced a delay to the publication of its full-year results and said it may have to convert a significant proportion of its existing debt to equity.

08:35

Biome Technologies shares sink as Q1 sales drop 44%

Shares in AIM-listed Biome Technologies plummeted by almost a third on Monday after the bioplastics and radio frequency technology business reported a poor start to the year with first-quarter sales dropping by 44%.

08:11

Digital 9 to make additional revolving credit facility repayment

Infrastructure company Digital 9 Infrastructure announced a significant step towards strengthening its financial position on Monday, with the receipt of a deferred consideration payment of $25m (£20m) related to the sale of the Verne Global group, as announced on 15 March.

08:09

Oxford Biomedica confident as it moves away from vaccine era

Cell and gene therapy contract development and manufacturing organisation (CDMO) Oxford Biomedica reported stability in its core business on Monday, with a small increase in full-year core revenue for 2023, despite a 36% decrease in total revenue to £89. 5m.

08:08