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Headlines
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London close: Stocks sink, oil jumps as Iran suspends peace deal talks
A breakdown in talks between the US and Iran poured cold water on stocks on Monday afternoon, with blue chips in London sinking firmly into the red by the close of play as oil prices surged.
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ME Group shares tank on profit warning as Iran war hits revenues
Shares in ME Group International tanked more than 26.5% on Monday after the self-service equipment company warned annual profits would be lower as the Iran war hit revenues at its photo-booth and laundry businesses in the first half of the fiscal year.
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Tuesday preview: British American Tobacco, Palo Alto in focus
Tuesday sees the release of a first-half pre-close trading update from British American Tobacco, half-year results from Paragon Banking and full-year results from GB Group.