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Jaguar Land Rover Q1 losses widen due to Covid-19 shutdowns
Losses at Jaguar Land Rover widened in the first quarter as the coronavirus pandemic dented sales.
France Q2 GDP falls by record 13.8% as Covid lockdowns bite
France’s economy contracted by a record 13. 8% in the second quarter as it felt the impact of coronavirus lockdowns, official data showed on Friday.
Further lockdown easing in England delayed
The further easing of coronavirus restrictions in England that was due to take place on Saturday has been postponed.
Washington to support GSK and Sanofi Covid-19 vaccine with $2.1bn
GlaxoSmithKline and Sanofi have inked an agreement with the US government to speed up development and manufacturing of their Covid-19 vaccine candidate at scale.
Coro Energy terminates deal to sell Italy portfolio
South east Asia-focussed upstream oil and gas company Coro Energy announced the termination of the sale and purchase agreement entered into with Zenith Energy in December on Friday, over the proposed disposal of its entire Italian portfolio.
Hackers linked to Beijing targeted Covid-19 vaccine firm Moderna
Hackers linked to the Chinese governmenT targeted US biotech company Moderna which is currently focusing on developing a Covid-19 vaccine, with the aim of stealing valuable data.
Liberum lowers target price on Fuller, Smith and Turner
Analysts at Liberum lowered their target price on pub landlord Fuller, Smith and Turner from 820. 0p to 700. 0p on Friday, stating London was likely to drag on the group's recovery efforts.
Europe midday: Investors try to discern outlook after historic GDP drop
Investors were fading an early bounce in European stocks at month's end even as they digested data showing a record contraction in euro area economic growth during the second quarter.
London midday: Stocks pare gains after eurozone GDP; IAG slumps
London stocks had flattened out by midday on Friday as weak eurozone growth figures offset stellar earnings from the US technology sector.
Physiomics wins contract with Japan-based Astellas Pharma
Oncology consultancy Physiomics announced on Friday that it has been awarded a contract by a new client, Japan-based global pharmaceutical company Astellas Pharma.
Roman Abramovich sells stake in Highland Gold
A group of investors in Highland Gold, including Russian billionaire Roman Abramovich, announced on Friday the sale of a roughly 40% stake in the company's share capital to Fortiana Holdings at a valuation of approximately $1. 1bn.
NatWest swings to loss as it adds £2bn for Covid bad loans
NatWest first-half profits evaporated as the bank was forced to set aside an extra £2bn for bad loans in the second quarter due to the Covid-19 pandemic.
Pets at Home revenues recover following easing of lockdown restrictions
Animal care business Pets At Home reported lower revenues due to the coronavirus lockdown, but said trading had improved after measures were eased.
IAG announces plans for 2.75bn euro capital raise after record Q2 loss
IAG suffered a record loss during the second quarter as government restrictions on the back of the Covid-19 pandemic nearly wiped out all passenger traffic.
Amazon blows past Q2 forecasts, raises guidance
Amazon blew past forecasts for second quarter trading - not least its own - as the Covid-19 pandemic drove people around the world in streams onto its digital retail services platform.
Paragon Banking says 21% of loan balances on deferrals
Mortgage lender Paragon Banking said reported payment deferrals on 21% of its loan balances during the coronavirus crisis.
Everyman reports 'encouraging' customer numbers, exits property deals
Everyman Media Group updated the market on its half-year of trading on Friday, confirming a complete loss of its revenue streams from the middle of March until 4 July as cinemas across the UK were ordered to close amid the Covid-19 pandemic.
Asia report: Markets mixed as China PMI beats forecasts
Markets in Asia finished in a mixed state on Friday, with equities in Japan suffering a serious slide, as investors digested the worst ever contraction in the United States economy, according to fresh data released overnight.
Berenberg raises target price on 'conviction buy' Ceres
Analysts at Berenberg raised their target price on clean energy technology group Ceres Power from 470. 0p to 580. 0p on Friday, stating that they remained "conviction buyers" of the stock.
Auto Trader buys software platform AutoConvert
Automotive marketplace Auto Trader has bought AutoConvert - a finance, insurance and compliance software platform with integrated customer relationship management solutions for the automotive sector - for an undisclosed sum.