FTSE 100 opened lower despite a strong performance in Asian markets overnight and US futures pointing up after Labor Day weekend.
London’s leading index dropped 16 points to 7,171 in early trading.
Hyundai Motor Group will offer the option to power passenger vehicles and commercial vans, trucks and buses with hydrogen by 2028. The South Korean group wants to make this technology popular over the next few decades.
Ted Baker PLC (LSE:TED) (LSE:TED) posted higher sales but e-commerce fell during the summer. The fashion designer has recovered at a different pace across its markets, with North America and UK leading the way.
Britain has switched on an old coal-fired power station to help alleviate a growing gas shortage. Prices of gas have soared and the National Grid (LSE:NG.) has told EDF to re-start West Burton A because its power is cheaper.
Among the small caps, Europa Metals Ltd (AIM:EUZ) (AIM:EUZ) has returned further high grade intersections of lead, zinc and silver from drilling at its Toral project in Spain. The company also hit an interval of nearly 1% copper.
Gaming Realms PLC (AIM:GMR, FRA:RNE1, OTCQX:PSDMF) (AIM:GMR, FRA:RNE1, OTCQX:PSDMF) first Slingo game has now gone live in Pennsylvania, following the company’s recent award of an interactive gaming manufacturer licence in the state. The game is live in the state via Gaming Realms tie-up with BetMGM.
Open Orphan PLC (AIM:ORPH, FRA:CRO) (AIM:ORPH, FRA:CRO) (LON:ORPH) hailed positive results from a phase II respiratory syncytial virus (RSV) human challenge study conducted by its hVIVO arm. Data released by Barvarian Nordic (OMX:BAVA) showed a significant reduction in viral load in those people vaccinated with its treatment.