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UK banks suspend dividend payments amid Covid-19 outbreak
Britain’s biggest banks have suspended dividend payments as they look to weather the coronavirus outbreak.
Xerox abandons hostile takeover bid for HP due to pandemic
Xerox said on Tuesday that it had dropped its hostile takeover bid for HP due to the coronavirus outbreak.
Democrats and White House working on fourth economic relief package
Democrats in Congress and the White House were readying another economic relief package aimed at helping state governments, mortgage markets and the country's travel industry.
Wednesday preview: Global manufacturing in the spotlight
Financial markets' focus on Wednesday will be firmly on global manufacturing sector conditions, especially in the US.
Europe close: Stocks eke out slight gains at quarter's end
Stocks across the Continent managed to eke out some additional gains at the end of the first quarter, helped by reports of possible further fiscal relief in the States.
Fed broadens access to US dollar funding for dozens of central banks
America's central bank moved to meet the heightened demand for US dollar from overseas.
Exscientia to screen 15,000 drugs to find coronavirus cure
Oxford-based artificial intelligence firm Exscientia is set to screen over 15,000 drugs for effectiveness against the Covid-19 in an aim to try to find a cure.
Director dealings: Syncona chair acquires shares
Syncona revealed on Tuesday that chairperson Melanie Gee had acquired 26,500 ordinary shares in the FTSE 250-listed life sciences investor.
London close: Stocks finish positive as China data boosts sentiment
London stocks managed to recover some lost ground and close in the green on Tuesday, with sentiment underpinned by encouraging Chinese manufacturing figures.
Intercede receives large $4.6m order from US federal government
Digital identity, credential management and secure mobility company Intercede announced the receipt of a “large” US federal government order totalling $4. 6m on Tuesday.
Xpediator trading 'broadly in line' as it tightens belt for pandemic
Freight management company Xpediator updated the market on how it was responding to the Covid-19 coronavirus pandemic on Tuesday, reporting that from the beginning of the outbreak, it had followed the operational guidelines provided by governments in each market it operated, changing working practices to incorporate social distancing across its offices, depots and warehouses.
Broker tips: Redrow, Taylor Wimpey, Meggitt, Craneware
JP Morgan has reduced its forecasts for the UK housebuilding sector, including cutting its rating on Redrow and Taylor Wimpey.
Savannah Resources taking closes offices, suspends field activities
Savannah Resources updated the market on its recent and future activities in relation to the current Covid-19 coronavirus pandemic on Tuesday, reporting that it had taken a number of actions across its operations in response.
Mkango Resources 'working proactively' amid pandemic
Mkango Resources updated the market in response to the Covid-19 coronavirus pandemic on Tuesday, and on timing for completion of the ongoing feasibility study for the 51%-owned Songwe Hill rare earths project in Malawi.
Houseparty offers $1m bounty for proof of hacking rumours
Video chat app Houseparty has offered a 1$m bounty to anyone with proof that rumours on social media that its platform can be hacked are true.
Harvest Minerals yet to see impact from pandemic
Remineraliser producer Harvest Minerals updated the market on its position on Tuesday, in light of the Covid-19 coronavirus pandemic, reporting that there had not yet been any impact on its operations, but it was continuing to monitor the situation “closely”.
OptiBiotix shares soar on new deal with OptiPharm
Life science company OptiBiotix Health has entered into an exclusive licence agreement for the use of its ‘OptiBiome’ weight management ingredient, it announced on Tuesday, with OptiPharm.
Europa Oil looking as cost reductions amid oil price weakness
Europa Oil & Gas updated the market in light of the Covid-19 coronavirus pandemic on Tuesday, and the associated market volatility and oil price weakness.
Berenberg lowers target price on 'well positioned' Craneware
Analysts at Berenberg lowered their target price on software and services firm Craneware from 2,500p to 2,000p on Tuesday, despite noting that the firm appeared to be "well positioned" in the current Covid-19 environment.
US open: Stocks record early gains following China data, extended measures
US stocks recorded some early gains at the bell on Tuesday, following on from some strong manufacturing data out of China and the rebound seen in the previous session.