Royal Mail takeover clears major hurdle, Canal+ makes UK market debut, Computacenter CFO departs suddenly, Bitcoin hits $106,000, activists put pressure on Johnson Matthey, Entain hit and Saga hopes Ageas deal will boost insurance arm

“The FTSE 100 dipped 0.2% to 8,285 despite the best efforts of the pharma and banking sectors to take the UK index forwards. Energy stocks...

Mon, 16/12/2024 - 11:07


Computacenter shares slip amid abrupt departure of CFO Christian Jehle

Shares in Computacenter PLC fell on Monday after it said its chief financial officer has stepped down by ‘mutual agreement’.

The Hatfield-based technology services provider said...

Mon, 16/12/2024 - 10:22


AIM WINNERS & LOSERS: XLMedia plans £16 million tender offer

The following stocks are the leading risers and fallers on AIM on Monday.

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AIM - WINNERS

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Powerhouse Energy Group PLC, up 12% at 1.2p, 12-month range 0.29p-2p....

Mon, 16/12/2024 - 10:21


UK manufacturing output contracts as employers cut back hard on hiring

UK manufacturing activity declined this month, as employment fell at the fastest rate since 2009 if the pandemic is excluded, purchasing managers’ index survey results...

Mon, 16/12/2024 - 10:18


BP and ADNOC’s XRG strike natural gas joint venture pact in Egypt

BP PLC and Abu Dhabi National Oil Co’s international investments arm XRG on Monday said they have closed a deal for a new natural gas...

Mon, 16/12/2024 - 10:03


UPDATE: UK government confirms Royal Mail sale to EP Group is cleared

Royal Mail’s sale to Czech billionaire Daniel Kretinsky has been cleared by the UK government, paving the way for the more than 500-year-old postal service...

Mon, 16/12/2024 - 10:03


Shell invests in Bonga North deep-water project in Nigeria

Shell PLC on Monday announced an investment in Bonga North, a deep-water project off the coast of Nigeria.

The London-based oil and gas exploration company said...

Mon, 16/12/2024 - 09:45


LONDON BROKER RATINGS: RBC cuts DCC and Diploma, raises Bunzl

The following London-listed shares received analyst recommendations Monday morning and on Friday:

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FTSE 100

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Deutsche Bank Research cuts Kingfisher price target to 340 (350) pence - ’buy’...

Mon, 16/12/2024 - 09:34


Royal Mail takeover by Daniel Kretinsky cleared by UK government

Royal Mail’s takeover by a Czech billionaire has been given the green light by the UK government, allowing the postal service to pass into foreign...

Mon, 16/12/2024 - 09:17


LONDON MARKET OPEN: Stocks down as China data disappoints

Stock prices in Europe were mostly lower on Monday morning, as UK consumer confidence deteriorated while France’s credit rating received a downgrade from Moody’s.

China’s retail...

Mon, 16/12/2024 - 09:07


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