Latest News
Jeff Bezos steps down as Amazon CEO
Jeff Bezos will step down on Monday from his position as chief executive officer at Amazon, leaving the role to Andy Jassy.
Tuesday preview: US services PMI, Sainsbury in focus
The spotlight on Tuesday will fall on the US services sector as the Institute for Supply Management publishes the results of its closely-followed Purchasing Managers survey covering the month of June.
Europe close: Stocks end higher as merger news and economic data offset Covid worries
European stocks finished higher on Monday as upbeat eurozone business activity data and a sharp rise in Morrisons shares helped to offset worries about the Delta variant.
Airbus delivers over 70 jets in June
Airbus delivered over 70 airplanes in June bringing it within just a whisker of the 300 mark for the first half of 2021.
London close: Grocers lead stocks higher as Apollo mulls Morrisons
London stocks finished in the green on Monday, helped along by a strong showing from the supermarket sector as the prospect of a bidding war for Morrisons boosted sentiment.
GM expands China design studio to focus on EVs
General Motors announced on Monday an expansion of its design studio in China which will now focus on the development of electric and connected cars.
SoftBank buys perpetual Yahoo trademark license in $1.6bn deal
Z Holdings, a division of SoftBank, has purchased the Yahoo Japanese trademark perpetually and related tech infrastructure for $1. 6bn in a deal with Verizon Media.
Berenberg touts 'attractions' of GCP Student Living, but stays at 'hold'
Analysts at Berenberg think a takeover price for GCP Student Living of 190. 0p to 230. 0p could be justified "given the attractions of the space".
Director dealings: DX Group CEO ups stake
DX Group revealed on Monday that chief executive Lloyd Dunn had purchased 312,500 ordinary shares in the AIM-listed logistics firm.
Real Estate Investors reports 'strong' rent collection
Midlands-focussed real estate investment trust Real Estate Investors updated the market on its first half trading on Monday, reporting “strong” rent collection at 97. 22%, adjusted for monthly and deferred agreements.
Westmount Energy upbeat on progress at investee JHI
Guyana-Suriname Basin-focussed oil and gas investment company Westmount Energy had been told by its investee company JHI Associates that the Jabillo-1 well on the Canje Block had been safely drilled in 2,903 meters of water by the Stena Carron drillship, it announced on Monday, to its planned target depth of 6,475 meters.
Broker tips: Persimmon, Taylor Wimpey, Pendragon, Flutter Entertainment
Liberum has named Persimmon and Taylor Wimpey as two of its top picks, after a recent sell-off created an "attractive" buying opportunity among housebuilders.
FTSE 250 movers: Morrisons surges on bid news; Spire falls
London’s FTSE 250 was up 1% at 22,978. 61 in afternoon trade on Monday.
Ramsay Health Care sweetens bid for Spire Healthcare
Australia’s Ramsay Health Care has sweetened its offer for London-listed Spire Healthcare to 250p a share from 240p.
Ethereum ready for its 'London' fork while bitcoin gives ground
The second cryptocurrency by market capitalization, ethereum, falls this Monday from the two-week highs reached on Sunday, as the factors that fuel the bullish momentum in the digital asset pile up. It trades hands at $ 2,210, after it surpassed $ 2,350 on Sunday, its best change since June 18, as the 'London' update to the Ethereum network approaches. Bitcoin, for its part, is trading with falls, but experts highlight the stability of its price as one of the reasons for the rises in ether -the native token of the Ethereum network-.
FTSE 100 movers: Supermarkets rally on Morrisons news; Informa in the red
London’s FTSE 100 was up 0. 6% at 7,162. 75 in afternoon trade on Monday.
Potential bullish trend in bitcoin: 'whales' increase their holdings to two-month highs
The supply of bitcoins in the hands of the "whale entities" has reached a maximum of two months this Sunday, in a start of a potential bullish trend on the cryptocurrency market. Blockchain data shows that wealthy investors are returning to the market, 'Coindesk' reports.
Oracle Power begins sampling programme at Jundee East
Oracle Power announced on Monday that the geochemical sampling programme covering almost the entire tenement at its wholly-owned Jundee East Gold Project was now underway.
Liberum backs housebuilders, names Persimmon and Taylor Wimpey top picks
Liberum has named Persimmon and Taylor Wimpey as two of its top picks, after a recent sell-off created an “attractive” buying opportunity among housebuilders.
Daimler, Volvo, Traton form $593m truck charging joint venture
Daimler AG, Volvo AB and Traton SE plan a joint venture for a high-performance charging network for battery-electric trucks and coaches across Europe worth $593m.
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