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CureVac rejects reports of White House takeover offer for COVID-19 vaccine
CureVac has rejected a report at the weekend that the White House had offered to buy out the German-US biotechnology outfit that is developing a possible vaccine for the COVID-19 coronavirus.
US close: Stocks bounce following stimulus announcement
Wall Street stocks recorded some solid gains on Tuesday as the US looked to recover from the carnage seen in the previous session.
Coronavirus: UK govt offers £330bn in guaranteed loans
The British government would offer £330bn in loans to help businesses cope with the financial impact of the coronavirus pandemic, said Finance Minister Rishi Sunak.
CWU members at Royal Mail vote for industrial action
Members of Royal Mail's biggest union, the Communications Workers Union, voted in favour of strike action on Tuesday.
Director dealings: IWG boss picks up big batch of shares at multi-year lows
IWG boss Mark Dixon picked up a big batch of the shares in the company he founded at the start of the week, as they broke through technical support to reach their lowest level since early 2013.
HSBC appoints Noel Quinn as permanent CEO
HSBC has appointed interim chief executive Noel Quinn to the role on a permanent basis, with immediate effect.
Sunak under pressure to spend big for business
Chancellor Rishi Sunak is under pressure to shred the Conservatives' fiscal straightjacket and spend as if the UK is at war to prevent the economy imploding under the weight of the coronavirus crisis.
Liberum lowers target price on Balfour Beatty
Analysts at Liberum lowered their target price on infrastructure group Balfour Beatty from 400. 0p to 320. 0p on Tuesday, despite seeing the group's most recent full-year results coming in ahead of expectations.
London close: Benchmark turns green again after roller coaster session
London stocks had bounced back into the green by the close on Tuesday after a roller coaster session, amid growing concerns about the impact of the coronavirus pandemic, as cinema chains closed their doors and once-iconic retailer Laura Ashley fell into administration.
Canaccord lowers target price on Gamesys
Analysts at Canaccord Genuity lowered their target price on online software development and gaming business Gamesys from 1,310. 0p to 1,000. 0p on Tuesday but acknowledged that the group had made "a good start" to 2020 and was trading in line with expectations.
Euro 2020 football championship postponed for a year
The European football Championship due to be played this summer has been postponed for a year, the continent's ruling body decided on Tuesday, as the disruption caused by the coronavirus continued globally.
FTSE 100 movers: Antofagasta says operations resilient, Meggitt down on dire sector outlook
Antofagasta was at the top of the leaderboard on Tuesday on the back of its full-year results.
ITV says Euro 2020 delay will cut schedule costs by up to £50m
The postponement of the 2020 European football championship until next year will cut broadcaster ITV's schedule costs by £40m to £50m this year, including the cost of replacement programming, the company said on Tuesday.
FTSE 250 movers: Cineworld slumps on closures; Aston Martin revs up
London’s FTSE 250 was down 3. 8% at 13,808. 80 in afternoon trade on Tuesday as coronavirus fears gripped markets yet again.
Reduced flow of goods impacting Infrastructure India
Infrastructure India updated the market on its largest asset, Distribution Logistics Infrastructure (DLI), in relation to the global Covid-19 coronavirus pandemic on Tuesday.
OptiBiotix Health signs distribution deal in Lebanon
Life sciences business OptiBiotix Health has entered into a one year exclusive distribution agreement with Prosperous Pharma, it announced on Tuesday.
Aston Martin ratings cut as Covid-19 increases pressure
Beleaguered luxury car maker Aston Martin Lagonda (AML) had its credit ratings lowered as the coronavirus pandemic piled on more pressure for the cash-hungry business.
Top tech companies issue joint statement on misinformation over COVID-19
Facebook, Google, LinkedIn, Microsoft, Reddit, Twitter and YouTube issued a joint statement to reassure customers and flag the potential misinformation about COVID-19 on their platforms.
US open: Stocks record early gains following Monday selloff
Wall Street stocks opened higher on Tuesday as the US looked to recover from the carnage seen during the previous session on the back of a proposed near $1. 0trn fiscal spending package.
Shield launches review after spotting flaw in 'Feraccru' study
Commercial-stage pharmaceutical company Shield Therapeutics updated the market on the ‘AEGIS-H2H’ clinical trial on Tuesday, the data of which was primarily designed to be used in health economic analyses, pricing and reimbursement applications, as well as marketing purposes.