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Government may force shops to close - reports
The UK is considering closing down non-essential retailers to reduce the spread of Covid-19, according to reports.
AFC Energy raises £1.4m to help it through Covid-19
Hydrogen power generation technology company AFC Energy has raised £1. 4m before expenses from an existing institutional shareholder, it announced on Monday, via a subscription of 14 million ordinary shares at 10p each.
Wizz Air cannot rule out grounding of entire fleet
Low-cost airline Wizz Air said on Monday that the grounding of its entire fleet due to the coronavirus cannot be ruled out.
Newbury Racecourse issues profit warning as racing ban hits
Newbury Racecourse issued a profits warning on Monday, forecasting a a significant financial impact from the current ban on horse racing, especially if it was extended beyond April 30 due to the Covid-19 pandemic.
G4S pulls divided as coronavirus outbreak spreads
G4S has joined a raft of companies pulling dividend payments because of the coronavirus outbreak, the security services specialist confirmed on Monday.
Coronavirus puts brakes on at Speedy Hire
Speedy Hire has warned on profits, after the coronavirus outbreak saw activity levels decline.
Europe midday: Stocks pare losses as Fed moves to 'QE Infinity'
Shares have pared earlier sharp losses after a shift by the US central bank to open-ended quantitative easing or what some analysts termed 'QE infinity'.
Berenberg upgrades Plus500 after two positive updates
Berenberg upgraded its stance on shares of online trading platform Plus500 to ‘buy’ from ‘hold’ on Monday, hiking its price target following two positive updates in two weeks "while many other companies were issuing profit warnings".
Iomart ropes in Reese Donovan as its new COO
Cloud computing company Iomart Group announced the appointment of Reece Donovan as its chief operating officer and a board member on Monday, effective from 30 March.
Cora Gold upbeat on latest drilling results at Sanankoro
West Africa-focussed exploration company Cora Gold announced final drilling results from its fourth quarter programme at the Sanankoro Gold Project in the Yanfolila Gold Belt of Southern Mali on Monday.
Federal Reserve pledges unlimited bond purchases
The US Federal Reserve has pledged unlimited purchases of government bonds to support businesses and consumers as the coronavirus crisis threatens economic collapse.
Markets underestimate Covid-19's destruction, US investor warns
Markets underestimate Covid-19's destructive potential to cause a credit crisis that damages even the strongest companies, a prominent US investor has warned.
US pre-open: Futures reverse steep drop after NY Fed announces purchases
Shares on Wall Street were being called to start the session slightly higher after the US central bank announced its plans for asset purchases, offsetting disappointment among traders after a roughly $1. 6trn government spending package failed to pass muster overnight in the Senate.
Fevertree says can't provide guidance due to coronavirus
Posh tonics maker Fevertee said on Monday that it is unable to give guidance for 2020 due to the coronavirus.
Virus fears weigh heavily on household finances - survey
Growing concerns over job security in the wake of the coronavirus outbreak are weighing heavily on household finances, a key survey published on Monday showed.
Airbus pulls dividend, secures fresh credit to shore up cash reserves
Airbus has pulled its dividend and secured a €15bn credit facility as it looks to bolster cash reserves during the coronavirus crisis.
Coronavirus sees N Brown pull dividend and slash spending as demand slumps
Online fashion retailer N Brown has pulled its dividend and put the brakes on spending after a "sudden" slump in trading.
Diageo pledges 2m litres of alcohol for hand sanitiser
Diageo has pledged to donated up to 2m litres of alcohol used in gin and vodka to make hand sanitiser for healthcare workers combating the coronavirus outbreak.
Franco Manca owner Fulham Shore to miss expectations
Fulham Shore said it would miss expectations for full-year profit as the owner of the Franco Manca and Real Greek restaurant chains suffers the impact of the coronavirus crisis.
London midday: Stocks sharply lower as Covid-19 updates roll in
London stocks were still firmly in the red by midday on Monday amid growing concerns about the impact of the coronavirus, as investors waded through another deluge of Covid-19 updates, with US Senate deadlock over coronavirus stimulus souring the mood further.