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US close: Dow records worst day in two years as coronavirus continues to batter markets
US stocks recorded some of their worst losses in two years on Monday as the number of Wuhan coronavirus cases accelerated outside of China, fuelling concerns about a potential prolonged global economic slowdown.
Europe close: Stocks routed as Italian authorities search for 'patient 0'
Stocks were pummelled at the start of the week following news that the number of coronavirus cases in South Korea and Italy, even as authorities in the latter were still trying to pinpoint the so-called 'patient 0' in their country.
Europe midday: Virus fears ravage travel stocks but some investors hold their nerve
Stocks were pummelled at the start of the week following news that the number of coronavirus cases in South Korea and Italy had continued rising over the weekend - although some investors were holding their nerve.
US open: Heavy losses on the Street, Buffett could go Republican
US stocks recorded some heavy losses at the open as the number of Wuhan coronavirus cases accelerated outside of China.
Tuesday preview: Coronavirus, Petrofac in focus
Financial markets' focus on Tuesday will continue to be on the COVID-2019 coronavirus, both in China and abroad.
London close: Stocks hit as virus cases rise in Italy and South Korea
London stocks took a beating on Monday, with the top-flight index down more than 3% as global markets were roiled by growing concerns that the COVID-19 coronavirus might be set to spread into Europe.
Director dealings: RPS Group CEO ups stake
RPS Group revealed on Monday that chief executive John Douglas had purchased 67,520 ordinary shares in the London-listed professional services firm.
Broker tips: Micro Focus, Domino's Pizza, Pets At Home
Citi slashed its price target on shares of software company Micro Focus to 680p from 1,000p on Monday, as it highlighted ongoing risks to execution.
Berenberg raises target price on Pets At Home
Analysts at Berenberg hiked their target price on animal products retailer Pets At Home from 210. 0p to 300. 0p on Monday, noting the group's new management team had transformed both the company's fortunes and investor perceptions.
UniCredit's Mustier withdraws from running for top post at HSBC
Italian bank UniCredit said on Monday that its current chief executive officer, Jean Pierre Mustier, will remain in his role.
South Korea calls for resumption of US-North Korea nuclear talks
South Korea’s foreign minister said on Monday that the US and North Korea should resume their nuclear talks and added that the government of South Korea is willing to engage and facilitate negotiations.
Warren Buffett advises investors not to 'buy or sell' on coronavirus headlines
Billionaire investor Warren Buffett said on Monday that people should not let the coronavirus panic influence their decisions when it comes to buying or selling stocks.
Frenkel Topping forms personal injury joint venture with HCC
Financial advisor and asset manager Frenkel Topping announced on Monday that its IFA business has established a 50-50 joint venture with Horwich Cohen Coghlan (HCC), a personal injury law firm, to be named HCC Investment Solutions.
Trackwise shares surge on order from EV maker
Printed circuit technology company Trackwise Designs has secured its first production order for its flexible printed circuit technology, ‘Improved Harness Technology’, for delivery in 2020, it announced on Monday.
Ethernity expects FY revenues to rise on upswing in 5G deployment
Data processing solutions business Ethernity said on Monday that it expects an upswing in 5G deployment to boost revenues and help it record "positive cash flow generation" in 2021.
Bluejay Mining upbeat on progress with Dundas application
Greenland and Finland-focussed Bluejay Mining updated the market on its exploitation licence application for the Dundas Ilmenite Project in Greenland on Monday, reporting that the country’s Ministry of Mineral Resources has confirmed its social impact assessment for the project was compliant with the public consultation guidelines.
FTSE 250 movers: Wizz Air and PPHE Hotels hammered, Aston Martin hits 52-week low
Shares on the second tier index were roiled at the start of the week, with travel and commodity issues hammered, sending the second tier index 3. 15% lower as of 21,093. 44, although precious metals miners and a handful of assorted other stocks were holding their head above water.
FTSE 100 movers: Airlines fly lower amid coronavirus fears; Polymetal shines
London’s FTSE 100 was down 3. 5% at 7,145. 43 in afternoon trade on Monday amid growing concerns about the coronavirus.
Craven House enters option agreements to buy into five firms
Craven House has simultaneously entered into five non-binding option agreements to acquire shareholdings in a number of private companies, it announced on Monday, under which the shares being acquired by Craven House on execution of the options would represent a 29. 9% shareholding in each company.
Boku signs carrier billing deal with Japan's AWA
Telecoms carrier commerce provider Boku announced a preferred partnership agreement with AWA on Monday, to allow AWA's Japanese customers to charge their recurring monthly subscription fees directly to their mobile phone bills, via direct carrier billing.