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London midday: Miners pace the advance as copper prices rally
London stocks were still firmly in the black by midday 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.
Heathrow blames UK quarantine for slump in passenger numbers
Heathrow Airport on Monday blamed the government's coronavirus quarantine for a slump in June passenger numbers.
Westminster Group sees H1 revenue rise despite Covid-19 impacts
Managed services supplier Westminster Group said it expected to report higher first-half revenues after a strong start to the fiscal year.
Gfinity to launch rewards-based platform for website visitors
E-sports and gaming group Gfinity said on Monday that it would launch its rewards and incentives platform, Gfinity Plus, for website visitors on Wednesday.
Novacyt revenues surge in H1 amid demand for Covid-19 testing kit
Clinical diagnostics group Novacyt said first-half revenues surged as demand for its Covid-19 testing kit was expected to continue into 2021.
Corero orders, revenue up despite Covid-19
DDoS defense provider Corero Network Security said on Monday that it had made a "solid start" to the year despite market volatility stemming from the Covid-19 pandemic.
CMC Markets appoints Brendan Foxen as chief technology officer
Online trading platform CMC Markets has appointed Brendan Foxen to the newly-created role of chief technology officer.
Services sector reports record surge as lockdown eases
The UK economy rebounded in June, industry research showed on Monday, as lockdown measures started to ease and the services sector enjoyed a surge in activity.
Boohoo shares drop again with Leicester in spotlight
Boohoo shares fell resumed their heavy decline after a further stream of negative press coverage over the embattled fashion brand's manufacturing activities in Leicester.
Asia report: Markets shine despite growing Covid case numbers
Markets in Asia were in the green across the board on Monday, with the Shenzhen bourse in China surging almost 3. 5%, even as investors digested fresh coronavirus numbers from over the weekend.
Mineral & Financial makes seed investment in Canadian mining tech firm
Mineral and Financial Investments that it has made a seed investment of CAD 0. 1m (£0. 06m) in Ideon Technologies, it announced on Monday, as part of a CAD 1. 3m private fundraising.
ULS Technology extends partnership with Openwork for three years
Conveyancing and financial intermediary platform provider ULS Technology announced an exclusive three-year partnership with Openwork on Monday, extending the relationship in place since 2016.
Helical joint venture secures £140m facility for London scheme
Helical announced on Monday that its 50-50 joint venture with AshbyCapital has secured a £140m facility from Allianz, to finance the development of 33 Charterhouse Street.
Northern Bear scraps final dividend as profit drops
Northern Bear said it would not pay a final dividend after taking government support and asking workers to take pay cuts during the Covid-19 crisis.
Alfa Laval to buy valve maker Neles for €1.73bn
Sweden’s Alfa Laval has agreed to buy Finnish valve maker Neles for €1. 73bn in cash.
Centamin Q2 production up 11%; Narrows 2020 production range
Gold miner Centamin reported higher second quarter production and said it was on track to meet full year guidance as the coronavirus pandemic had little materially affect on operations.
Avacta signs Covid sewage test deal with Integumen
Biotherapeutics company Avacta Group has entered into a collaboration with its AIM peer Integumen, it announced on Monday, to evaluate recently-generated Affimer reagents that bind the SARS-CoV-2 spike protein for the detection of the coronavirus in wastewater, to provide a real-time alert system to warn of localised Covid-19 outbreaks.
Roche upbeat on latest Halimbra study results
Roche announced results from the second interim analysis of the phase 2b ‘STASEY’ study on Monday, which it said reinforced the safety profile of ‘Hemlibra’, or emicizumab, as shown in the phase 3 ‘HAVEN’ clinical programme.
Halfords to close 60 sites this year - report
Halfords has earmarked up to 60 branches for closure this year as it speeds up plans to shrink the number of stores in response to coronavirus, according to a report.
London open: Stocks rise as investors eye US earnings season
London stocks rose in early trade on Monday, taking their cue from gains in Asia, with investors cautiously optimistic about the US earnings season despite ongoing concerns about the coronavirus pandemic.