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President Energy to begin export oil sales
Argentina-focussed exploration and production company President Energy updated the market on sales of oil from its Rio Negro fields on Monday, reporting that since the start of production, it had sold all its oil exclusively in the country at the prevailing domestic price.
AstraZeneca gets two EMA recommendations, enters oncology partnership
AstraZeneca shareholders were met with a raft of updates from the company on Monday morning, including two positive recommendations from the European Medicines Agency, and the announcement of a new oncology collaboration.
London open: Travel stocks pace the decline as Ryanair warns over second wave
London stocks were a little lower in early trade on Monday amid concerns about a second wave of coronavirus infections and souring relations between the US and China, as gold prices surged.
Morgan Sindall to commence work on New Victoria scheme
Construction and regeneration group Morgan Sindall reached an agreement on Monday to commence work on the first phase of its £185m New Victoria scheme in Manchester city centre.
Israeli researchers believe treatment might sharply reduce Covid-19 symptoms
Israeli researchers have claimed that an off-the-shelf treatment may possibly reduce the symptoms from Covid-19 to those of the common cold.
Europe open: Stocks mixed in early trading even as euro and gold extend gains
Stocks in Europe have started the session slightly higher despite concerns around a possible second wave of Covid-19 infections and ongoing tensions between China and the US.
Cairn Energy to pay special dividend after agreeing sale of Senegal assets
Cairn Energy said on Monday that it has agreed the sale of its Senegal assets to Lukoil for $400m in cas and announced plans for a special dividend.
Kainos FY results seen ahead, special dividend announced
FTSE 250 IT provider Kainos announced a special dividend on Monday and said annual profit and revenue will be ahead of market expectations as trading from 1 April to date has been strong despite the impact of Covid-19.
Signature Aviation sees markets recovering after difficult first half
Signature Aviation reported a 31% fall in continuing group like-for-like revenue in its first half on Monday, which it said was “solely due” to the impact of Covid-19.
Ascential swings to H1 loss amid Covid-19 lockdowns
Ascential said on Monday that it swung to an interim loss as revenue declined due to the coronavirus pandemic.
Ryanair posts quarterly loss, Signature Aviation sees 'improving trend'
London open The FTSE 100 is expected to open four points higher on Monday, having closed down 1. 41% at 6,123. 82 on Friday.
London pre-open: Stocks seen muted as Ryanair highlights second wave fears
London stocks were set for a muted open on Monday amid renewed concerns about the coronavirus pandemic as Ryanair warned over the impact of a second wave and after the UK put Spain back on the quarantine list.
Monday newspaper round-up: Economic recovery, airlines, Mastercard executive
Everyone over 40 would start contributing towards the cost of care in later life under radical plans being studied by ministers to finally end the crisis in social care, the Guardian can reveal. Under the plan over-40s would have to pay more in tax or national insurance, or be compelled to insure themselves against hefty bills for care when they are older. The money raised would then be used to pay for the help that frail elderly people need with washing, dressing and other activities if still at home, or to cover their stay in a care home.
Ryanair Holdings says second Covid-19 wave biggest fear
Ryanair Holdings posted a €185m loss for the three months to June but cautioned about the impact that a second wave of coronavirus infections might have even as it stood by plans to gradually resume flights.