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Covid-19: UK announces nationwide lockdown
The UK government imposed a lockdown on Monday, banning gatherings of more than two people and closing non-essential shops in its latest bid to fight the spread of the coronavirus pandemic.
Europe close: Stocks slip despite fresh stimulus on both sides of the Atlantic
Shares fell at the start of the week with traders' focus firmly om the still rapidly rising number of cases in both Europe and the US - although there were some glimmers of hope in Italy.
Covid 19: UK govt urges Britons travelling abroad to return home
The UK government advised all Britons travelling abroad to return home immediately, an hour before Prime Minister was due to address the nation on the coronavirus crisis.
Tuesday preview: Capitol Hill, global PMIs in focus
Investors' focus on Tuesday will be firmly on Capitol Hill amid expectations that lawmakers are close to thrashing out a stimulus bill to help deal with the fallout of the coronavirus pandemic.
FTSE 250 movers: Precious metals miners gain, Plus500 jumps
Precious metals miners Hochschild Mining and Petropavlovsk were both wanted at the start of the week, as the US central bank in effect shifted to a policy of unlimited asset purchases, as some analysts had correctly anticipated.
Travelex ratings cut again as S&P says Finablr unable to support firm
S&P again lowered its ratings for beleaguered money exchange firm Travelex, citing the inability of parent company Finablr to offer any financial and liquidity support.
London close: Stocks head further south as Covid updates fly in
London stocks tumbled lower on Monday afternoon after a lunchtime spike, amid growing concerns about the impact of the Covid-19 coronavirus pandemic, as investors waded through another deluge of related updates, with a deadlock in the US Senate over stimulus souring the mood further.
CPPGroup sees 'rapid growth' in 2019
CPPGroup reported “rapid growth” in its international revenue and customer numbers in a trading update on Monday, leading to a financial performance for 2019 that was in line with its board's expectations.
Greggs warns on profits, scraps dividend due to Covid-19
Greggs issued a profit warning on Monday due to the coronavirus, scrapped its dividend and said it could not provide forward guidance.
Morgan Stanley upgrades IHG, says underperformance 'unwarranted'
Morgan Stanley upgraded its recommendation for shares of InterContinental Hotels Group from 'underweight to 'equalweight', pointing out to clients its "high" liquidity and "low" cash burn, and arguing that the company's headroom on its debt covenants seemed "reasonable".
Retail footfall plunges nationwide, central London hit hardest
The decline in retail footfall as a result of the Covid-19 coronavirus pandemic so far is three times larger than the previous worst record, according to fresh analysis from Springboard on Monday.
US open: Stocks drop as traders wait on Capitol Hill
Shares on Wall Street were trading sharply lower even after the US central bank announced its plans for open-ended asset purchases.
FTSE 100 movers: Hargreaves Lansdown slumps; Fresnillo shines
London’s FTSE 100 was down 4. 3% at 4,970. 42 in afternoon trade on Monday as the Federal Reserve’s coronavirus stimulus package failed to assuage investors.
UK govt under pressure to extend bailout terms to self-employed
The UK government was under increasing pressure to extend its wage guarantee to cover the self-employed hit by the Covid-19 crisis as a former central bank governor called for intervention and a union representing gig economy workers said it was taking legal action.
Berenberg upgrades Burford Capital to 'buy'
Berenberg upgraded Burford Capital to 'buy', arguing the litigation finance company's shares had fallen too far.
Shell in plan to save $10bn as Covid-19, oil price crash bite
Shell said it was cutting capital expenditure, underlying operating costs and postponing the next phase of its share buyback to save $10bn in the face of the Covid-19 pandemic.
Okyo Pharma to stagger placing into two tranches
Okyo Pharma updated the market on its recently-announced placing on Monday, saying it had agreed to stagger it into two tranches.
Versarien enters £6m subscription agreement with Lanstead Capital
Advanced materials engineering company Versarien has entered into a £6m subscription agreement with Lanstead Capital Investors, a US managed institutional investor, together with a related sharing agreement, it announced on Monday.
Barclays cuts target prices for European consumer staple stocks
Analysts at Barclays cut their target prices for a wide swathe of European beverage stocks in order to factor-in the impact from the coronavirus epidemic on trading in Europe and the US, as opposed to just China and Asia Travel Retail.
UK Oil & Gas files planning application for drilling at Arreton
UK Oil & Gas has filed a planning application with the Isle of Wight Council for the appraisal drilling and flow testing of the Arreton oil discovery, it announced on Monday.