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Financial services sector reports slide in business volumes - survey
Business volumes across the financial services sector have tumbled at the fastest rate on record, research published on Tuesday showed.
US close: Stocks surge despite continued increase in number of new Covid-19 cases
Wall Street stocks recorded solid gains on Monday as major indices shook off concerns around a continued rise in new Covid-19 cases across the United States.
Europe close: Banks pace gains as stocks move back towards five-month highs
Shares in Europe moved back towards roughly five-month highs, boosted by an overnight surge in Chinese stocks and another big positive economic surprise in the States.
White House preparing executive orders on China, manufacturing
The White House is preparing a raft of executive orders on subjects ranging from the People's Republic of China, to manufacturing or immigration and the price of prescription drugs.
London close: Stocks finish higher as housebuilders pop
London stocks finished well above the waterline on Monday, underpinned by a strong showing from housebuilders as investors digested a better-than-expected reading on the UK construction sector.
FRC tells 'Big Four' accountants to split accounting and auditing operations
Regulators have told the UK's 'Big Four' accounting firms that by June 2024 they must separate their accounting and auditing arms.
Tuesday preview: German industrial production, Whitbread in focus
The market spotlight on Tuesday will be on industrial production data out of Germany and a report on the US jobs market.
Broker tips: IHG, DS Smith, Energean
Analysts at Berenberg took a fresh look at British hospitality giant InterContinental Hotels Group on Monday after the company's most recent quarterly performance came in "a little weaker" than expected.
Director dealings: Polar Capital co-founder ups stake
Polar Capital revealed on Monday that non-executive director Brian Ashford-Russell had acquired 106,544 ordinary shares in the London-listed asset manager.
Altus Strategies upbeat on Diba resource estimate
Mining investment company Altus Strategies released the results of an independent mineral resource estimate at its wholly-owned Diba gold project in Mali on Monday.
Urban Logistics reports strong rent collection for September quarter
Specialist property investor Urban Logistics announced on Monday that 98% of rent due for the quarter to September had been collected.
Week ahead: US jobs data, Sunak in focus
Financial markets focus over the coming week will be on the delicate balance between economic data that in many cases continues to surprise to the upside and progress on containing the Covid-19 pandemic in the world's largest economy, in particular.
FTSE 100 movers: Housebuilders rally; DS Smith hit by downgrade
London’s FTSE 100 was up 1. 6% at 6,257. 52 in afternoon trade on Monday.
FTSE 250 movers: Housebuilders up; Hochschild Gold loses its shine
London’s FTSE 250 was up 1. 2% at 17,501. 86 in afternoon trade on Monday.
US open: Stocks open higher despite continued rise in new Covid-19 cases
Wall Street stocks recorded solid gains at the bell on Monday as major indices shook off concerns around a continued rise in new Covid-19 cases across the United States.
ISM services PMI jumps past forecasts in June
Activity in America's services sector rebounded with 'gusto' in June, far surpassing economists' forecasts, the results of a closely-followed survey revealed.
Hardman & Co. says ICG Enterprise Trust's discount to NAV 'anomalous'
Analysts at Hardman&Co. initiated coverage on FTSE-250 listed private equity investor ICG Enterprise Trust on Monday, telling clients that it was "anomalous" that a firm with a consistent record of outperformance should be trading at only two-thirds of its net asset value.
Sound Energy renegotiates Anoual permits
Morocco-focussed upstream gas company Sound Energy has concluded a re-negotiation of the terms of its Anoual exploration permits with Morocco's National Office of Hydrocarbons and Mines (ONHYM), it announced on Monday.
Croda to buy US-based Avanti for up to $260m
Chemicals company Croda International has agreed to buy Avanti, a company specialising in the development and production of high-purity polar lipids used in next-generation drug delivery technology and vaccines, for as much as $260m.
Uber to buy Postmates for $2.65bn
Uber Technologies confirmed on Monday that it has agreed to buy food delivery start-up Postmates for around $2. 65bn in all-share deal.