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Tuesday preview: UK GDP, Ashmore in the spotlight
Investors will be closely watching Tuesday morning's data release on UK gross domestic product, following a 20. 4% plunge that pushed the country's economic output down to levels last seen in 2002.
US close: Markets finish mixed as Covid cases continue rising
Wall Street stocks closed in a mixed state on Monday, after another record spike in new Covid-19 cases in Florida at the weekend.
Europe close: Stocks, euro near one-month highs ahead of results season
Stocks in Europe finished the session at their best level in over a month ahead of the start of the second quarter earnings season, even as the single currency continued to bound higher.
Alphabet invests $10bn in India
Alphabet said on Monday that it will spend around $10bn on equity investments and tie-ups in the up-and-coming Indian market over the next five to seven years.
London close: Markets finish higher amid Covid treatment optimism
London stocks closed well above the waterline on Monday, despite ongoing concerns about the pandemic, with miners pacing the gains as copper prices rallied and as hopes of a Covid-19 vaccine lifted sentiment.
Director dealings: Energean CEO ups stake
Energean revealed on Monday that chief executive Matthaios Rigas had acquired 10,000 ordinary shares in the FTSE 250-listed exploration and production company.
Broker tips: Ryanair, Wizz Air, Royal Mail
JPMorgan Cazenove upgraded its stance on shares of Ryanair on Monday, arguing that the budget airline is a long-term winner in European aviation with its "fortress balance sheet" and ultra-low costs.
Remote Monitored Systems raises £0.27m in placing
Monitoring and security company Remote Monitored Systems announced the successful completion of a placing to raise £0. 27m on Monday, to support the continuing growth of GyroMetric and Cloudveil, and to provide working capital.
Clinigen gets orphan drug designation for 'aldesleukin' in the US
Pharmaceutical services company Clinigen Group announced on Monday that the US Food and Drug Administration (FDA) Office of Orphan Products Development (OOPD) has granted orphan drug designation for ‘aldesleukin’, in the treatment of amyotrophic lateral sclerosis (ALS).
Morgan Stanley sees cycle turning higher for 'value' stocks
Equity strategists at Morgan Stanley sounded a positive note on so-called 'value' stocks, arguing that the economic cycle was shifting into a 'recovery regime' - but there was catch.
Panther Metals enlarges Big Bear project area
Canada and Australia-focussed mineral exploration company Panther Metals announced the enlargement of the Big Bear Project area on Monday, following an airborne geophysics survey.
Qinetiq signs agreement with US DCSA
Defence technology company Qinetiq said on Monday that it has entered "the next phase of growth in the US" after agreeing to operate all of the US defence and security operations for the US Defense Counterintelligence & Security Agency (DCSA) under a new special security agreement (SSA).
G4S jobs plans 1,150 jobs at cash business - union
G4S is planning to cut 1,150 jobs at its cash business in a move that takes Britain closer to a cashless society, according to one of the UK's biggest unions.
FTSE 250 movers: G4S rallies; transport operators fall
London’s FTSE 250 was up 1. 1% at 17,365. 48 in afternoon trade on Monday.
US open: Stocks continue rally despite record spike in new Covid-19 cases
Wall Street stocks opened sharply higher at the bell on Monday as investors appeared to ignore another record spike in new Covid-19 cases in Florida at the weekend.
Libya set to restart oil exports
Libya is set to resume crude oil exports in the wake of successful talks between the country's two warring factions following talks led by the United Nations and the United States.
Bailey says BoE 'very worried' about jobs
The Governor of the Bank of England has told school pupils the economy is starting to recover but that the central bank was extremely worried about unemployment.
Fisker to debut on Wall Street in $2.9bn deal
Electric car maker Fisker is to list on the New York Stock Exchange through a $2. 9bn deal with Spartan Energy Aquisition, it was announced on Monday.
FTSE 100 movers: Fresnillo shines; JD Sports retreats
London’s FTSE 100 was up 0. 9% at 6,152. 41 in afternoon trade on Monday.
Research into potential coronavirus vaccine given Fast Track status, says Pfizer
Research into potential Covid-19 vaccines being developed by Pfizer and BioNTech has been granted so-called Fast Track designation by the US Food and Drug Administration, sending shares in both drug firms higher.