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Ford investing £230m in UK Halewood plant to make electric vehicle parts
Ford said it was investing £230m in its UK Halewood plant to make electric vehicle parts as Britain gears up to meet a ban on petrol and diesel vehicles by 2030.
Russia's Softline sets IPO price, values firm at up to $1.93bn
Russian IT company Softline on Monday set the indicative price range for its initial public offering at between $7. 50 - $10. 50 per global depositary receipt (GDR), valuing the firm at up to $1. 93bn.
US close: Mixed performance on the Street following China GDP figures
Wall Street stocks turned in a mixed performance on Monday as bond yields headed north and Chinese GDP numbers disappointed.
London close: Stocks start new week in muted mood
London stocks closed in negative territory on Monday, after a session which began with disappointing growth figures out of China, with little else to improve the mood through the afternoon.
US open: Major indices mixed early on as rising bond yields remain in focus
Wall Street stocks were mixed early on Monday as bond yields headed north and Chinese GDP numbers disappointed.
Director dealings: Asos CFO raises stake
Asos revealed on Monday that chief financial officer Matthew Dunn had acquired 4,167 ordinary shares in the London-listed online retailer.
Broker tips: BT, Drax, GlaxoSmithKline
Analysts at Deutsche Bank lowered their target price on telecommunications giant BT from 140. 0p to 125. 0p on Monday, stating that risks were "inflating not abating".
Volvo sets IPO price range
Car maker Volvo said on Monday that it’s looking to raise around 25bn Swedish krona ($2. 9bn) by listing on the Nasdaq Stockholm stock exchange, as it looks to accelerate its shift towards full electrification.
Artisanal Spirits signs 10-year lease on new facility
The Artisanal Spirits Company, the owner of the Scotch Malt Whisky Society which sells premium single-cask Scotch malt whisky and other spirits to a "discerning membership", announced the signing of a 10-year lease for a new supply chain facility in Uddingston, Scotland.
UK retail footfall dips - Springboard
Retail footfall across the UK dipped last week, according to data released on Monday by retail analyst Springboard.
CMA launches court action against Teletext Holidays
The Competition and Markets Authority has launched court action against Teletext Holidays over inadequate progress on refunds to package holiday customers who were affected by the pandemic.
It isn't going to be Asda as EG Group pulls out of £750m forecourts deal
EG Group, owned by the billionaire Issa brothers, has pulled out of its planned £750m purchase of Asda's forecourt business, the two companies said on Monday.
SDX Energy spuds infill well on Meseda field
Middle East and North Africa-focussed SDX Energy announced the spudding of the MSD-21 infill development well on the Meseda field on Monday.
IGas agrees solar farm development deal with Iona Capital
IGas Energy has agreed a heads of terms with Iona Capital, it announced on Monday, which it described as an investor with a “long track record” of investing in UK renewable energy projects.
7digital expands Investec facility by £1m
Digital music service provider 7digital announced a £1m increase to its revolving credit facility with Investec Bank on Monday, bringing the total facility to £2m.
FTSE 100 movers: IAG flies lower; National Grid gains
London’s FTSE 100 was down 0. 6% at 7,192. 41 in afternoon trade on Monday.
FTSE 250 movers: Playtech hits the jackpot on Aristocrat bid; easyJet falls
London’s FTSE 250 was down 0. `19% at 22,941 in afternoon trade on Monday.
US industrial production falls sharply in September led by drop in auto output
US industrial production dropped unexpectedly last month, registering across-the-board declines by sectors.
Credit Suisse reiterates ESG investment strategy
Credit Suisse has reiterated its key investment strategy for environmental, social and governance investors.
Aristocrat takes a punt on Playtech with £2.1bn bid
Australian gaming machine maker Aristocrat Leisure is buying European gambling software manufacturer Playtech after making a £2. 1bn cash offer, the two companies said on Monday.
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