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FTSE 250 movers: Serco surges on guidance upgrade; easyJet flies lower
London’s FTSE 250 was up 0. 2% at 22,775. 36 in afternoon trade on Monday.
FTSE 100 movers: Shell gushes higher; travel & leisure stocks fall
London’s FTSE 100 was up 0. 3% at 7,152. 73 in afternoon trade on Monday.
Musk suggests Tesla could accept Bitcoin again
Bitcoin firmed on Monday after Elon Musk indicated that Tesla could start accepting the cryptocurrency for purchases again if he can be sure that crypto miners are using more clean energy.
GlaxoSmithKline teams up with iTeos to develop cancer drug
GlaxoSmithKline has teamed up with US clinical stage biopharmaceutical group iTeos Therapeutics to co-develop and co-commercialise EOS-448, a monoclonal antibody currently in development as a potential treatment for patients with cancer.
RBC Capital downgrades Sanne, lifts price target after Cinven offer
RBC Capital Markets downgraded shares of asset management services provider Sanne to ‘sector perform’ from ‘outperform’ on Monday, but lifted the price target to 925p from 750p following the latest 875p-a-share takeover approach from Cinven.
UK retail footfall declines after bank holiday boost - Springboard
Footfall across UK retail destinations fell last week, according to research released on Monday by retail analysts Springboard.
London midday: Stocks rise despite reports of delay to lockdown lifting
London stocks were still in the black by midday on Monday as investors took reports of a potential four-week delay to the lifting of England’s lockdown in their stride.
Ted Baker FY losses widen as Covid restrictions bite
Ted Baker reported a widening of its full-year losses on Monday as revenues slumped due to Covid-related restrictions.
London open: Stocks rise despite expected delay to lockdown lifting
London stocks rose in early trade on Monday as investors took reports of a potential four-week delay to the lifting of England’s lockdown in their stride.
London pre-open: Stocks seen up despite expected delay to lockdown lifting
London stocks were set to rise at the open on Monday despite expectations that Prime Minister Boris Johnson will announce a four-week delay to the lifting of England’s lockdown.
Monday newspaper round-up: Climate crisis, Qualcomm, hospitality rescue
The head of the UK’s biggest business lobby group has warned that the corporate world is “way off track” in tackling the climate crisis. Tony Danker, the director-general of the CBI, called on the government to do more to unlock the resources of the private sector by publishing new guidance on heating and transport. - Guardian.