It may have been a rough start to the year for bitcoin, but the cryptocurrency’s recent woes haven’t stopped some companies from trying to jump on the blockchain bandwagon.
British penny stock Stapleton Capital more than doubled in value on Monday morning after it changed its name to Blockchain Worldwide and said it would look to invest in businesses utilising the technology.
Oil found support on Monday after global crude producers reaffirmed their commitment to supply curbs for all of 2018, with Opec kingpin Saudi Arabia saying “cooperation” should continue beyond this year.
Shares in bookmakers William Hill and Ladbrokes Coral tumbled in early trading on Monday after weekend reports the UK government will cut the maximum bet on high stakes betting terminals to £2 — the lowest stake proposed.
FTSE 250 electricals retailer Dixons Carphones cut the top end of its full-year profit guidance on Monday, as structural changes in the mobile phone market exacerbated the impact of a “cautious consumer environment” over the Christmas period.
The head of the British army General Sir Nick Carter will warn of the growing threat from Vladimir Putin's Russia in a speech which will increase the pressure on Chancellor Philip Hammond to rethink defence cuts.
Two former senior Vietnamese officials, including one whose kidnapping from Germany caused an international diplomatic incident, were handed stiff jail sentences in Hanoi on Monday at the conclusion of a closely-watched corruption trial in the communist state.
Germany took a big step towards forming a new government when the country’s Social Democrats voted in favour of formal coalition talks that could give Angela Merkel a fourth term in office and break a four-month political deadlock.
Shares in China-focused sportswear retailer Pou Sheng International soared as much as 31.2 per cent in Hong Kong on Monday after the company announced it had received a takeover offer from its former owner.
Currency markets’ reaction to the US government shutdown on Monday was muted as the dollar held steady and the euro climbed on rising prospects of a coalition deal in Germany. Meanwhile, yields on 10-year US Treasuries climbed to a 3 and a half year high.
McGrath, one of Australia’s biggest listed real estate agents, is in crisis owing to the resignation of its chief executive and most of its directors on Monday following the latest in a series of profit warnings.
The US government remained closed on Sunday as Republicans and Democrats continued to blame each other for the shutdown while President Donald Trump called for a change in Senate rules to end the impasse.