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Europe close: France and Germany agree on 500bn euro reconstruction fund, cyclicals lead
Stocks rallied at the start of the week as Germany and France moved to organise a Europe-wide response to the pandemic and after the head of the US Central bank sounded a warily confident note on the outlook.
Tuesday preview: UK employment, Imperial Brands in focus
The focus on Tuesday will shift back towards the UK and the March employment report.
UK approves testing for all over-fives
UK Secretary of State Matt Hancock announced on Monday that everyone in the UK aged five or over and with coronavirus symptoms can be tested.
Broker tips: Keyword Studios, Stagecoach, Hunting
Analysts at Berenberg raised their target price on video games company Keyword Studios from 1,600. 0p to 1,700. 0p on Monday, stating the group had reinforced its "leading position" by means of its recent fundraiser.
Canaccord stays at 'buy' on Hunting but questions strategic direction
Analysts at Canaccord Genuity stuck with a 'buy' recommendation on shares of energy services provider Hunting, pointing out its solid balance sheet.
London close: Stocks firmly higher as energy and mining plays advance
London stocks closed significantly higher on Monday, finishing above 6,000 for the first time in almost three weeks, after a strong showing in the energy and mining sectors amid optimism over lockdown easing and a slowdown in new Covid-19 cases.
Beazley to tap markets to finance organic growth
Beazley will raise £247m via an accelerated share sale for roughly 15% of the company's capital to continue financing organic growth.
Jack Ma set to resign from SoftBank's board of directors
SoftBank Group said on Monday that Jack Ma, co-founder of Alibaba Group, will step down from its board of directors after 13 years.
Director dealings: Ascential CEO ups stake
Ascential revealed on Monday that chief executive Duncan Painter had acquired 42,951 ordinary shares in the FTSE 250-listed software firm.
China's Xi pledges $2bn to coronavirus fight
Chinese President Xi Jinping said Monday that his country will provide $2bn over two years to help other countries respond to the impact of the coronavirus pandemic.
US homebuilder confidence posts solid gain in June, NAHB says
Homebuilder confidence Stateside improved a tad in June and some economists saw better time ahead.
Augean lodges claim for repayment of landfill tax
Specialist waste management company Augean has lodged a claim with HMRC for the repayment of £11. 1m of landfill tax including interest, it announced on Monday, which it said was overpaid in relation to engineering materials used as part of its landfills cell construction, or the 'fluff layer'.
FTSE 250 movers: Travel stocks advance; Hochschild shines
London’s FTSE 250 was up 2. 8% at 16,093. 48 in afternoon trade on Monday.
Sylvania Platinum restarts all dump operations
Sylvania Platinum updated the market on the status of the Sylvania dump operations (SDO) on Monday, following the easing of Covid-19 restrictions on mining companies by the South African government.
Oriole Resources makes 'significantly higher' R&D claim
West Africa-focussed exploration company Oriole Resources has received a rebate totalling £0. 165m from (HMRC), it announced on Monday, in relation to a research and development tax relief claim.
FastForward puts $1m into Asian cannabis firm Yooma
FastForward Innovations updated the market on its investee company Yooma on Monday, announcing the resignation of Lorne Abony as chairman and chief executive officer, and the appointment of existing directors Ed McDermott as CEO, and Ian Burns as non-executive chairman, with immediate effect.
CMA calls for new powers to curb profiteering
The UK competition watchdog has asked the government to consider bringing in emergency powers to help it successfully tackle profiteering during the Covid-19 pandemic.
FTSE 100 movers: Travel stocks rally; Ocado retreats on Aldi news
London’s FTSE 100 was up 3. 4% at 5,997. 44 in afternoon trade on Monday.
US open: Stocks surge on vaccine hopes
US stocks surged at the bell on Monday as Jerome Powell said he was optimistic of the US economy's ability to bounce back from the Covid-19 pandemic and some positive data from Moderna Therapeutics' second phase clinical trial on a vaccine candidate.
Avation negotiates six-year extension on 737 lease
Commercial passenger aircraft leasing company Avation has negotiated a six-year lease extension on an Asian flag carrier-operated Boeing 737-800 aircraft.