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London close: Footsie climbs on hopes coronavirus 'exaggerated' and slowing
London stocks rose on Tuesday, boosted by hopes that the outbreak of the new China coronavirus might be slowing further and alongside record highs for the Dow Jones Industrials and S&P 500, together with the benchmark German stockmarket index, the Dax.
US close: Mixed performance on the Street after testimony from Fed chair
US stocks turned in a mixed performance on Tuesday as Wall Street continued to shrug off worries about the economic impact of the Wuhan coronavirus outbreak.
Bonds: 'Let's wait and see', Fed's Bullard says
These were the movements in some of the most widely-followed 10-year sovereign bond yields:.
Commodities: Brent hovering above 52-week lows despite slowdown in coronavirus cases
Commodity prices were buoyed on Tuesday by data that appeared to show a slowing rate of new coronavirus infections in China and globally.
Number of new coronavirus cases in China slips on Tuesday
The World Health Organisation's latest update on the new China coronavirus, published on Tuesday, appeared to show a further slowdown in the number of new cases in the Asian giant and globally, with those in the former slipping from 3,073 on Monday to 2,484 on Tuesday.
UK set to impose post-Brexit trade barriers and diverge from EU sanctions
The UK government is set to disrupt business in the country and for companies operating in Europe as it plans to diverge from the European Union’s sanctions regime and impose trade barriers post-Brexit.
Europe close: Dax hits record high on stimulus hopes
Stocks on the Continent continued pushing higher and the Dax notched up a fresh record high after the World Health Organisation's latest update on the new China coronavirus showed a further slowdown in the rate of new cases.
Jeff Bezos sold 2.0m shares for $4.1bn last week
Jeff Bezos sold 2. 0m shares worth $4. 1bn in the internet retail giant that he founded, Amazon. com, via a pre-arranged trading plan that lasted seven days.
Wednesday preview: Central banks, Dunelm in focus
Central banks will be in the spotlight again on Wednesday, against an otherwise largely empty economic calendar.
Director dealings: Games Workshop CEO lowers stake
Games Workshop revealed on Tuesday that chief executive Kevin Rountree had sold 10,000 ordinary shares in the FTSE 250-listed toymaker.
Broker tips: Boohoo, Jupiter Fund Management, Antofagasta, Rio Tinto
Barclays has upgraded its recommendation for Boohoo, predicting that strong earnings momentum at the online fashion brand is set to continue.
Angle upbeat on research into Parsortix with melanoma patients
Liquid biopsy company Angle announced on Tuesday that a customer, the Edith Cowan University in Perth, Western Australia, has published results of research into the use of its ‘Parsortix’ system with melanoma patients.
Intel and Vivo also pull out of MWC in Barcelona
Intel and Vivo are the two latest companies to announce that they are withdrawing from the Mobile World Congress in Barcelona over concerns having to do with the new Chinese coronavirus.
Fed monitoring coronavirus impact and ready to act, Powell tells Congress
The US central bank, the Federal Reserve, is ready to move on interest rates if needed and is monitoring the fallout from the new coronavirus in China, the head of the US central bank said.
Advanced Oncotherapy strikes deal with The London Clinic
Proton therapy cancer treatment company Advanced Oncotherapy announced a memorandum of understanding with The London Clinic on Tuesday, to operate its first commercial ‘LIGHT’ facility on Harley Street in London.
US open: Stocks record early gains as investors shrug off coronavirus worries
US stocks recorded some early gains on Tuesday as Wall Street continued to shrug off worries about the economic impact of the Wuhan coronavirus outbreak.
Serinus Energy reports results of Moftinu-1004 flow test
Serinus Energy announced the flow-test results of the Moftinu-1004 well on Tuesday, reporting that the well flowed six million standard cubic feet per day on test.
FTSE 250 movers: William Hill gains on CBS partnership; M&S slips
London’s FTSE 250 was up 0. 6% at 21,620. 37 in afternoon trade on Tuesday.
Europe midday: Stocks jump on hope coronavirus will prove short-lived
Stocks on the Continent were continuing to push higher after the World Health Organisation's latest update on the China coronavirus showed a continued slowdown in the rate of new cases.
Government gives green signal to HS2 rail link
The government has decided to go ahead with the HS2 link for high-speed rail between London, the Midlands and northern England after months of uncertainty over the £106bn project.