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New car registrations fall as UK sector reopens
The number of new car registrations fell by over a third in June, industry data showed on Monday, as the UK market tentatively restarted.
Petropavlovsk investors seeks reappointment of ousted directors
Petropavlovsk major shareholder Prosperity Capital Management (PCM) has notified the Russian miner that it intended to call a general meeting to consider the election of directors who were ousted at the annual meeting last month.
Pret A Manger to shut 30 shops and cut 1,000 jobs
The Pret A Manger sandwich chain is closing 30 shops and planning 1,000 job cuts to deal with reduced demand and restrictions caused by the Covid-19 crisis.
Target Healthcare reports strong rent collection, buys Bicester home
Care homes investor Target Healthcare said on Monday that 96% of the rent payable for its most recent quarter had been collected, after allowing for monthly-in-advance agreements for “a limited proportion” of the 71 operational locations in its portfolio.
Europe open: Stocks track sharp gains in Asian trading
European stocks began the week firmly on the front foot, boosted by an overnight surge in Chinese stocks.
Jefferies cuts DS Smith to ‘hold’
Jefferies cut its rating on DS Smith to ‘hold’ as the broker said there were no events in sight to prompt a rerating of the shares.
Eurozone retail sales rise more than expected in May
Eurozone retail sales rose more than expected in May as coronavirus lockdowns across the bloc eased, according to figures released by Eurostat on Monday.
Cohort scores £20m surveillance equipment contract
Independent technology group Cohort has won a new surveillance equipment contract valued at approximately £20m.
Fusion Antibodies FY revenues continue to grow in 2020
Pre-clinical antibodies group Fusion Antibodies said on Monday that revenues had continued to grow over the year ending on 31 March.
Boohoo to investigate alleged illegal practices at supplier
Fast-fashion retailer Boohoo said on Monday that it will investigate alleged illegal practices at a supplier in Leicester following reports that workers were being paid well below the minimum wage.
UK construction sector sees sharp rebound as lockdown eases
The UK construction sector gathered pace in June, as lockdown restrictions eased and output surged, according to a closely-watched survey published on Monday.
Asia report: Markets mostly higher despite surge in global infections
Markets in Asia finished mostly higher on Monday, with those in China skyrocketing, even after the World Health Organization reported a record 24-hour period of more than 200,000 new Covid-19 infections globally over the weekend.
German factory orders rebound less than expected in May
German factory orders bounced back in May, albeit less than expected, according to figures released by Destatis on Monday.
Barratt FY order book ahead of 2019
Housebuilder Barratt said its current forward order book was strong with sales ahead of the same time last year as it emerged from the coronavirus lockdown that closed all its sites.
Horta-Osorio to leave Lloyds as Budenberg appointed chairman
Lloyds Banking Group said Chief Executive Antonio Horta-Osorio planned to leave the bank in a year’s time as it announced that Robin Budenberg would take over as chairman in early 2021.
Viaro buys RockRose for £248m in cash
Viaro Energy has agreed to buy RockRose Energy for almost £248m in cash.
London open: Stocks rise on positive Asian cues; housebuilders pace gains
London stocks rose in early trade on Monday, taking their cue from a positive session in Asia, with housebuilders pacing the gains.
Tex Holdings appoints new CFO as FCA looks into 2019 statements
Tex Holdings announced the appointment of Christian Ross as its chief financial officer and finance director-designate on Monday.
Beowulf upbeat on recent results from Vardar's Madjan Peak
Mineral exploration and development company Beowulf Mining reported on Monday that 42 samples from the Madjan Peak grab sampling programme had assayed more than 0. 1 grams of gold per tonne, out of a total of 96 samples collected from available outcrop and subcrop.
Cora Gold releases 'notable' exploration results from Mali and Senegal
Cora Gold reported “notable” results from its ongoing programmes in west Mali and Senegal on Monday, with a new target identified at the Madina Foulbé Permit in Senegal.