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Retail footfall stays depressed despite reopening surge
Visits to shops in the UK more than halved in June despite the reopening of many non-essential shops from the Covid-19 lockdown, a survey showed.
Europe close: Bank and Technology stocks pace gains
Gains for lenders' shares and among Technology stocks saw Europe's main stockmarket gauges finish the week on an up note, with the latter extending their breakout to multi-year highs.
FTSE 100 risers: Lenders pace gains
London's second-tier index notched up a gain of 0. 76% in the final session of the week to 6,095. 41.
Morgan Stanley stays at 'underweight' on BP, sees 50% dividend cut
Analysts at Morgan Stanley reiterated their 'underweight' recommendation on shares of BP and their forecast for a 50% dividend cut in 2020.
London close: Stocks finish higher despite Covid concerns
London stocks remained in the green on Friday afternoon to close in positive territory, despite ongoing concerns about a rise in new coronavirus cases and a gloomy economic forecast from ratings agency Moody’s.
Broker tips: Avast, Smith & Nephew, Vistry
Peel Hunt upped its price target on cybersecurity company Avast to 355p from 322p on Friday, citing higher revenue expectations as people spend more time on their computers due to the Covid-19 pandemic.
Director dealings: Condor Gold director ups stake
Condor Gold revealed on Friday that non-executive director James Mellon had acquired 400,000 ordinary shares in the AIM-listed precious metals group.
US open: Mixed start to trading following vaccine updates
Wall Street trading began on a mixed note on Friday as Covid-19 cases continued to rise across the country.
FTSE 250 movers: Petropavlovsk powers higher; Hastings takes a hit
London’s FTSE 250 was up 1. 2% at 17,186. 21 in afternoon trade on Friday.
Credit Suisse ups Persimmon price target and reinstates dividend target
Credit Suisse upped its price target on Persimmon and reinstated its dividend target after the housebuilder's positive trading statement.
Litigation Capital Management flags delays in court proceedings
Dispute financing specialist Litigation Capital Management updated the market on its recent trading on Friday, reporting “consistent performance” since its half-year results, which it said was reflected in its nine-year portfolio return on invested capital of 134%, and its cumulative portfolio internal rate of return of 78%.
Chinese money supply growth dips in June, but economists confident
Money supply growth in China cooled last month but some economists were confident that it would prove temporary.
Standard Life Aberdeen sells nearly all of its Boohoo shares
Asset manager Standard Life Aberdeen confirmed on Friday that it had sold most of its shares in fast-fashion retailer Boohoo, arguing that its response to allegations of poor working conditions at supplier factories was "inadequate".
BioNTech chief expects to file for approval of Covid-19 vaccine towards end 2020
The head of German biotechnology outfit BioNTech thinks that his company will be file for regulatory approval of its Covid-19 vaccine before the end of 2020.
Carnival to dispose of 13 ships and cut deliveries
Carnival said it expected to dispose of 13 ships and to take delivery of five of nine originally ordered as the cruise company seeks to adjust to reduced demand for its cruises.
OpCapita, Sycamore Partners looking to buy Clarks stake - report
The owner of football gaming company Football Pools was said on Friday to be looking to buy a stake in beleaguered shoe retailer Clarks.
Liberum hits Codemasters with 'buy' rating
Analysts at Liberum reiterated their 'buy' rating on video games developer Codemasters on Friday, stating the group was "ready to wow".
Gilead Sciences's Remdesivir may cut Covid-19 risk of death by 62%
Gilead Sciences's Remdesivir antiviral treatment for the novel coronavirus may cut the risk of death by nearly two-thirds.
Peel Hunt lifts Avast price target on higher revenue expectations
Peel Hunt upped its price target on cybersecurity company Avast to 355p from 322p on Friday, citing higher revenue expectations as people spend more time on their computers due to the Covid-19 pandemic.