Market Pulse
UK car sales fall for seventh consecutive month
The UK car recession skidded on last month amid continued soft business and consumer confidence.
Veltyco partner Esports wins major industry award
Veltyco announced on Monday that eSports. com has been awarded the EIG award of best start-up during the leading Excellence in iGaming (EiG) conference held last week in Berlin.
Greatland Gold acquires Black Hills project in Australia
Precious and base metals exploration and development company Greatland Gold has acquired 100% of the Black Hills gold project in the Paterson Region of Western Australia, it announced on Monday, for AUD 225k.
Europe open: Stocks start lower despite strong data
European stocks have begun the morning slightly lower despite the release of stronger-than-expected readings on the economy.
Liberum prefers FTSE 100 over 250, cites vulnerable valuations
With the domestically-focused FTSE 250 having rallied to a near multi-decade price-to-earnings high, Liberum said on Monday that it now prefers the internationally-exposed top-flight index.
Aldermore recommends First Rand offer alongside Q3 results
Challenger bank Aldermore has recommended a bid from South Africa's First Rand bank, while also reporting continued loan growth in the third quarter.
Raven Russia buys Moscow logistics park in £66m cash deal
A subsidiary of Raven Russia has entered into an agreement to acquire a logistics park in Moscow, it announced on Monday.
Red Bull Racing taps First Derivatives for analysis of its Kx technology
UK-based software and consulting services group First Derivatives has been selected by Red Bull Racing as a team supplier for the use of its Kx technology to analyse sensor data from its Formula 1 vehicles.
US close: Wall Street ends higher despite weak wage data
Wall Street finished the session firmly in positive territory despite the realse of a somewhat underwhelming US jobs report for October.
AFH Financial Group reports another year of 'profitable' expansion
Financial planning and wealth management firm AFH Financial Group updated the marker on its trading for the 12 months to 31 October on Monday, reporting another year of “strong growth”.
More EU companies seeking new suppliers as Brexit talks stumble
Almost two thirds of continental European companies plan to use fewer components from the UK due to Brexit, new research revealed on Monday that showed a significant escalation in fears after exit negotiations hit a deadlock.
LSE says followed 'proper governance process' for CEO succession
London Stock Exchange said it has followed “a proper governance process” to plan an orderly succession for the chief executive officer, after major shareholder TCI Management sent a letter regarding the situation.
BTG still mulling WellStat appeal, US Medicaid fees confirmed
Healthcare company BTG has taken £55. 3m hit after the final ruling in its patent dispute with WellStat Therapeutics went against the company, while in other news on Monday it confirmed US Medicaid fees for its varicose vein treatment.
Wizz Air flies higher as traffic, load factor rise in October
Ahead of its interim results on Wednesday, low-cost Hungarian airline Wizz Air reported a jump in passenger numbers and load factor for October.
London open: Stocks flat after busy week; Aldermore rallies
London stocks were flat in early trade on Monday as investors paused for breath after an eventful week.
Central Asia Metals completes reverse takeover of Lynx Resources
Copper mining and exploration firm Central Asia Metals on Monday completed the reverse acquisition of Lynx Resources, owners of the Sasa zinc mine in Macedonia.
Redefine International to sell Leopard portfolio
FTSE 250 income-focused real estate investment trust Redefine International has successfully exchanged contracts with Patrizia Immobilien AG for the sale of the Leopard portfolio for €205m.
Rio Tinto appoints Simon Trott to newly-created role of chief commercial officer
Rio Tinto has appointed Simon Trott to the newly-created role of chief commercial officer as it reinforces its focus on driving value across the business from mine to market.
Synthomer stays stable in third quarter
Plastics maker Synthomer said volumes of sales in the third quarter remained flat on last year and that it continued to hunt for acquisition opportunities.