FTSE 100 Set to Rise After Upbeat Asia Trading
0630 GMT - The FTSE 100 is expected to open 32 points higher at 7120 after upbeat trading in Asia, according to CMC Markets. Markets in mainland China and Hong Kong are 2.2% and 1.4% ahead, respectively, and Japan's Nikkei gains 1.8%. The Dow Jones closed Friday 0.6% higher. "Today's European open is expected to be a positive one after Friday's decent U.S. close and a positive start to the week in Asia this morning," CMC's Michael Hewson says. (philip.waller@wsj.com)
Companies News:
EasyJet Appoints Stephen Hester as Chair Designate
EasyJet PLC said Monday that it has appointed Stephen Hester as chair designate.
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WPP Buys AI Specialist Satalia
WPP PLC said Monday that it has acquired Satalia, an artificial-intelligence technology company, for an undisclosed sum to strengthen the technology offering of its Wunderman Thompson unit.
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Oxford Cannabinoid Technologies Sees FY 2021 in Line With Budget
Oxford Cannabinoid Technologies Holdings PLC said Monday that it expects to report earnings for fiscal 2021 in line with budget and has made a good start to the new fiscal year.
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Shaftesbury Says London Rent Collection Is Recovering
Shaftesbury PLC said Monday that rent collection is recovering and that it expects further improvements following the lifting of coronavirus-related restrictions.
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Mitie to Sell Document-Management Unit to Swiss Post Solutions for GBP40 Mln
Mitie Group PLC said Monday that it has agreed to sell its document-management business to Zurich-based Swiss Post Solutions Ltd. for 40 million pounds ($54.5 million).
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Renold Expects 1H, FY 2022 Earnings to Rise Above Views
Renold PLC said Monday that it expects adjusted operating profit for both the first half and the full year ending March 31 to increase from fiscal 2021 and to exceed market expectations.
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Up Global Sourcing's Underlying Profit Beat Views But Shipping Disruption to Continue
Up Global Sourcing Holdings PLC said Monday that underlying pretax profit for fiscal 2021 came in ahead of consensus estimates but it expects shipping-availability challenges to continue for months.
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Burford Capital Says New Commitments, Deployments Reached Record Levels in 1H
Burford Capital Ltd. said Monday that its new capital commitments and deployments reached record-breaking levels in the first half of the year.
Contact: London NewsPlus, Dow Jones Newswires; paul.larkins@wsj.com
(END) Dow Jones Newswires
08-23-21 0312ET
